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Just in case US currency becomes worthless :D I also keep the spot price and a copy of global exchange rates from each purchase of my gold so I can back it out
by odammit 9y ago
Just in case US currency becomes worthless :D
I also keep the spot price and a copy of global exchange rates from each purchase of my gold so I can back it out to what it’s worth. You know, just in case.
You never know until you know.
- mlevental 9y agoi can't fathom the fundamental misunderstanding that leads to thinking like this: >I also keep the spot price and a copy of global exchange rates from each purchase of my gold so I can back it out to what it’s worth. You know, just in case. do you think you'll present your certificates to marauders and they'll just say "i guess you're right 1 oz is the fair market value for this water"? i had a similar argument with someone about gold as a store of value years ago: the value is market determined. no one in the apocalypse is going to care about any price you have a record of because there will be no markets.
- odammit 9y agoMore so to keep track of my own gains/losses if I sold it for another currency, not to buy a tricked out armored 4 wheeler from a man dressed like a steam punk named Mr Pain-x. Edit: Fuck I hope google sheets is still up when the time comes. I should probably print them.
- rtx 9y agoThings settle down after marauders. Then you bring out the coins.