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Even the tiniest gold coin costs over $200. For bartering, silver, Mountain House, and ammunition make much more sense to hoard.
by Aunche 6y ago
Even the tiniest gold coin costs over $200. For bartering, silver, Mountain House, and ammunition make much more sense to hoard.
- devalgo 6y agoProbably a mistake to assume the USD value of something is relevant in a collapse situation. As you said ammo could end up being far more valuable that it currently is. Similarly Gold's utility as a way to transfer value could make it much more "valuable" in that situation.
- Tempest1981 6y ago$80 for a 1 gram coin https://www.apmex.com/product/201564/2020-1-gram-gold-maple-leaf-maplegram-25-in-assay https://www.apmex.com/product/201564/2020-1-gram-gold-maple-...
- sudosysgen 6y agoDo you have an idea just how tiny 1 gram of gold is? It really isn't practical for bartering.
- Tempest1981 6y agoYep, tiny, diameter is 8mm
- sudosysgen 6y agoIt has a diameter of 8mm and a thickness of "yes". It's incredibly fragile, too. Doesn't make for a good bartering coin.