Gold, After Collapse?

[Freeski]

So what would happen to the value (not price) of gold say 5-10 years into a total global collapse scenario? Any thoughts?

[maim]

without money, gold is just a shiney rock.

[Valerius]

Gold was used for money before there was money.

[CheneysWorstNightmare]

Here is what I think:

Once the economic dominoes fall, the dollar will be devalued. That will be the time when gold and silver skyrocket.  That's when a new currency comes in, as Lindsey Williams said should happen at the end of 2012.

Methinks that gold and silver go up for a year or so.  But when we default on our debt and the total economic chaos occurs, people will be looking for more essentials, like food, water, and ammo.  I expect gold and silver to be still high then, but there will be few takers until things get more under control. 

[EvadingGrid]

I hate to remind, but in the past they did Gold Confiscation, and its a safe bet they will do it again.

Executive Order 6102
May 1^st, 1933

Sure going on the past they will let you keep a couple of coins, but nothing meaningful or worthwhile. Our only real option is the infowar.

[ekimdrachir]

Gold is no replacement for essential needs like food water shelter tools etc, however anyone who pays any attention to the world needs to understand and should already, that you will need Gold and mostly Silver to buy with. You can also collect shiny colored rocks if you like, but those are not as universally accepted as having real value, as Silver and Gold. The price of precious metals matter little, as it is a buyers market, and even if you think you don't need it, china and india are buying it by the ton. Ten years, will little paper and plastic banknotes have any value? Perhaps, perhaps not. But Silver and Gold will always be recognized as being worth something.

[supermegaman]

saw this today concerning this very topic:

http://www.christiansentry.com/the-current-push-for-gold-is-in-the-bible-too/

There is a growing concern about the future collapse of currency that potentially could happen at any moment.  World banks across the globe, being led by our own Fed, are throwing caution to the wind as they infuse hundreds of billions into their economies in an attempt to ward off a number of concerns, fear being the chief one.  In a move of anticipating the inevitable, people have led the charge on gold and silver in the past few years, driving gold into record territory with silver not far behind.  But is it possible that this concern over the preservation of wealth is even mentioned in the Bible?  Consider Ezekiel 7:19

    "They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumbling block of their iniquity."

Amazing!  This describes a collection of silver and gold by the people in the end times, the day of wrath of the Lord.  People are attempting to use it “to deliver” them from some unmentioned calamity though the Lord prevents even this escape.

For some reason, people will actually throw their silver into the streets!  It even says their gold shall be removed.  I take it as meaning confiscation.  You don’t actually believe a corrupt government will allow Joe six-pack to have a stash of gold in his basement while said government attempts to usher in a world control system?  No, the order will come down that it will be against the law to hoard or hold any gold or silver to be used as currency.  Their system of control will be absolute in the last days, forcing upon the world a “mark of the beast” currency.  You will not be allowed to barter or trade or swap your gold for the new usable currency of the day.  No man may buy or sell without the mark of the beast.  It even says they “shall not fill their bowels”, meaning you won’t be getting food using silver or gold.  There will be no escape from the judgment unleashed by the Lord.

What will be your escape then?  The only one that is possible, the only one meaningful, is coming to know Christ Jesus as your Lord and savior.  Then, no matter what happens to your body, your soul will be saved.  Pray that you come to this saving grace before time runs out…

Jason Conley

©2011 ChristianSentry.com

[ekimdrachir]

Well since it was written by someone in a book of rules I guess we should throw our stuff in the street and lay down and die. What's that verse in Romans that pastors are using regarding Martial Law? Obey your leaders? Aiight let's just roll over.

[ekimdrachir]

I don't by any means store up all my treasure in Silver, its meaningless as the world is meaningless. But that doesn't mean you shouldn't prepare for an earthquake just because the ground is solid right now, when the world is quaking so much.

[9/11-insider trading]

Thanks for posting. Interesting and important discussion.

[Dok]

without money, gold is just a shiney rock.

have to agree. Gold is just a heavy shiny rock. Even today its only worth something if you can find a buyer. In a world where money is useless Food and Batteries and such is the new gold.

And really if you own a ton of gold what can you do with it? You cant eat it, you cant wear it and you can only trade it if you find a buyer willing to pay you what you want for it. 

[mindframe]

you can be cool and hang out with gangsters and your new bling

anyway I think food should be a priority

[feeditup]

They keep talking about a gold and silver based currency so it would hurt to have some because if it comes to pass you might be siting purity good . I would buy a water filter and chickens first in case they try and starve us while the switch occurs.

[global_fiefdom]

Think about this:

water-powered turbine-based electromagnetic gold sluice.
LOL

You can install it in a creek and it should pan for gold instead of your own arse having to sit there.

[sentinelscout]

You have to think of Gold and Silver in the terms of scale.

IE: the way I think about gold and silver is... as saving.

I don't buy gold or silver thinking "o the price is going to go up and im going to be rich", I think of it as....

How many Oz of Silver did the average person earn in 1900s~1920s in silver.... then I try and put away atleast that much silver per month or week in SAVINGS.

1 oz of silver will buy you today pretty much exactly what it bought in 1900s, don't quote me on this, but I would think the average annual wage for someone in USA in 1920s was probably 800~1000 dollars (silver backed I guess despite the inflation from the fraud in the banks at the time).
So the average American probably earned about 800 oz of silver a year maybe... its hard to tell because the banks have been f**king with the money since the beginning of time... (people in 1920s may have thought their money was backed by metal but in reality the paper certificates were probably inflated (1000 pieces of paper saying there are 1000 oz of silver, meanwhile there were only 500oz of silver).... etc.. etc.. the usual banking fraud.


If you save up about 1000 oz of silver, you probably have a good year or twos savings in real wages no matter what the current value of Fiat dollars are.

Thats how I like to think about it.

I have about 500 oz of silver physical, I don't plan on it making me rich, quite the contrary its more of just a savings vehicle opposed to a currency thats losing value in the long term.

That being said, silver is useless without an industrial economy.... for the most part.

[Freeski]

Maybe food is the answer? Just start growing/raising food and trade it with friends and neighbors for whatever they make, do or have. It really is that simple! Why do we need The Government in the equation at all? But so far food is the front-runner, IMO. Heck you can eat it or trade it and everybody needs it all of the time.

Food: the perfect currency!

[9/11-insider trading]

Soylent green

[global_fiefdom]

Maybe food is the answer? Just start growing/raising food and trade it with friends and neighbors for whatever they make, do or have. It really is that simple! Why do we need The Government in the equation at all? But so far food is the front-runner, IMO. Heck you can eat it or trade it and everybody needs it all of the time.

Food: the perfect currency!

Natural gas and oil on your land = you can grow underground btw
If i could i would. to hide the greenhouse from marauders LOL

[chris jones]

I hate to remind, but in the past they did Gold Confiscation, and its a safe bet they will do it again.

Executive Order 6102
May 1^st, 1933
Sure going on the past they will let you keep a couple of coins, but nothing meaningful or worthwhile. Our only real option is the infowar.

HI E..TRUE...
From: President of the United States Franklin Delano Roosevelt
To: The United States Congress
Dated: 5 April, 1933
Presidential Executive Order 6102
Forbidding the Hoarding of Gold Coin, Gold Bullion and Gold Certificates By virtue of the authority vested in me by Section 5(b) of the Act of October 6, 1917, as amended by Section 2 of the Act of March 9, 1933, entitled

[chris jones]

 Monetary collapse, gold confiscated etc.
 Who controlls the agriculture, water sources, energy, oil-gas, medical, pharmaceutical, transportation, in short all means of survival. The Gov. the inner circle of suklings employed by the elites.
  The mighty GOV will be pleased to see citizens begging for their daily substance, lording over the people, (as if they aren't presently).
   City dwellers will be hit the hardest, mobs, gangs, etc. Who will save the people, in rides the DHS, FBI, NATO, N.G., etc.
   Get a chip implant and you may well survive. Loyalty and service to our GOV being the first and foremost condition to survival.
    Many will say this is not possible, not here, it just can't happen here, this is America..(IS IT)?
    The days of Camelot are long gone, the elites claimed their territory with the killing of the 3 K's.
     Vote Ron Paul, it will not be an easy ride but it will be a righteous one.

[Rtruth]

without money, gold is just a shiney rock.

exactly