SHTF!
- Thread starter HotlineBling
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Topherclaus
Active Member
r1lee said:
That's simply the inflation of the currency, I could not find anywhere a suggestion that the people actually used gold as a hedge or moved toward gold at all.
H
House
Guest
Indeed. All it is is a graph showing the price of gold increasing...
Topherclaus
Active Member
Peter said:
Source?
Honestly, I can't find it.
Finger food?
Just a thought for those preparing for SHTF, you might have to consider for a time after the calamity, Gold and Silver might not be worth what it is for while.
ie a 10kg bag of flour might be worth an ounce of gold or 12 x AA batteries or 4 x rechargeable AA. Of course this would mean Max Max kind of world.
I dont think it will ever happen in my lifetime but for those that are preparing something to consider.
ie a 10kg bag of flour might be worth an ounce of gold or 12 x AA batteries or 4 x rechargeable AA. Of course this would mean Max Max kind of world.
I dont think it will ever happen in my lifetime but for those that are preparing something to consider.
Topherclaus
Active Member
Ipv6Ready said:
Should have got in while Dick Smith was closing down, I got nearly $60 in batteries for $3. Not necessarily for SHTF, just good to have a stock of that sort of thing.
I did see in an article on Venezuela that TP and nappies were major commodities once they started to run out. I'd probably give a stacker bar for a bunch of TP if it was hard to come by.
shinymetal
Well-Known Member
Topherclaus said:
I'd just wipe my arse with a old sock or a Tshirt, then wash it.
my grandama was a TP stacker years ago, before it was cool. She saw what not having it was like in WW2 Russia. she had a pile 2 meters high/deep and like 5 meters long of the stuff but mice had got to a lot of it over the years.
SilverDJ
Well-Known Member
HotlineBling said:
No, because there hasn't been any where PM's were actually useful as a medium of exchange for stuff.
Sure there are modern cases where economies have gone to crap and inflation was rampant, and in those cases having your money in PM's would have been very financially advantageous. But then again, so would have having your money in anything outside the country, shares, property etc.
SilverDJ
Well-Known Member
The thing to consider with SHFT economical collapses is, are they are real possibility in large modern (truly) democratic countries?
The GFC was barely a blip on the radar for the majority of people. Even the economical doomsayers spruiking GFC2 much larger than GFC1 (which is not unlikely of course), it would still be a blip on the radar for the majority so long as you keep your job and have a manageable (or no) debt.
Really, can anyone see Australia, Canada, US, England et.al going into hyper inflation and everyone on the streets begging for food and rioting? Really?
I can't see it happening because the people and even the governments themselves won't let it happen, there are too many highly invested players, the game can't completely collapse. It'll go down as it's always gone down, the economy will stumble, some people will lose, some people will win, but overall life will go on fairly normally because they will rig a new system that will keep it all going.
The GFC was barely a blip on the radar for the majority of people. Even the economical doomsayers spruiking GFC2 much larger than GFC1 (which is not unlikely of course), it would still be a blip on the radar for the majority so long as you keep your job and have a manageable (or no) debt.
Really, can anyone see Australia, Canada, US, England et.al going into hyper inflation and everyone on the streets begging for food and rioting? Really?
I can't see it happening because the people and even the governments themselves won't let it happen, there are too many highly invested players, the game can't completely collapse. It'll go down as it's always gone down, the economy will stumble, some people will lose, some people will win, but overall life will go on fairly normally because they will rig a new system that will keep it all going.
They had the same thoughts before the Great Depression. Nothing to see here, move on. The choice Is yours, by failing to prepare, you are preparing to fail.SilverDJ said:
JulieW said:
Totally agree, hence my reference to Mad Max
sammysilver said:
But again, as others have said, if you have money (obviously not the one devalued), job and assets (be it land,, PM or other), the great depression just another recession, a bad one but nonetheless it wasn't SHTF is it?
I can see hyperinflation coming to Australia - sure.
But rather than anarchy (that might befall somewhere like the US) I would see Australia going more the way of Venezuela, with a socialist flavor and the police/military stepping in to keep the calm and ration food or fix prices in true dysfunctional socialist style.
In this scenario the black market is where the action is for PMs. The greater danger in that for Australian stackers might be getting arrested for hoarding toilet paper or something.
But rather than anarchy (that might befall somewhere like the US) I would see Australia going more the way of Venezuela, with a socialist flavor and the police/military stepping in to keep the calm and ration food or fix prices in true dysfunctional socialist style.
In this scenario the black market is where the action is for PMs. The greater danger in that for Australian stackers might be getting arrested for hoarding toilet paper or something.
westminstrel
Member
If things were to get anarchic to the point that gold became the ultimate commodity, I think people would probably kill for it. And envisioning oneself happily walking around in that future, using their gold to buy basic necessities, would be positive thinking at best 
r1lee said:
http://www.historylearningsite.co.u...ar-germany/hyperinflation-and-weimar-germany/
Bread in red..
