I heard a few people today saying that one trade bought 30 BILLION in gold today but I can't find any links to it.. Has anyone heard anything about it?
True to a point. If the markets value was $5 a pound when SHTF, you can bet that's what people will be using as a starting value for the real stuff though. BUT, if there ever is an EOTWAWKI scenario, it'd be a full lifetime or more before gold regained its value, IF it ever regained ANY.Paper gold and real gold...two different things.
Agreed. Barter is all fine and dandy, unless I already have a ton of the caliber you're willing to trade, or even worse, I have no interest in it at all. Gold and silver make excellent mediums for exchange, and will probably be the one thing I'd accept for any ammo deals after SHTF.For a time, the only thing that would be more used than gold and silver as a store of wealth and barter would be ammunition. Ammunition can be stored for quite some time, but obviously not forever. It wouldn't take a generation for silver and gold to retake their places, and the only thing that would get any of my ammo would be silver or gold in the case of TEOTWAWKI.