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Optimally, one would leave before S truly HTF. In that case, you would have access to your BTC elsewhere. A few decades ago, Gold sewn into clothes served the s

Optimally, one would leave before S truly HTF. In that case, you would have access to your BTC elsewhere. A few decades ago, Gold sewn into clothes served the same purpose. I don't understand your money math there, btw. If 1 oz. of Gold will buy you a say tailored suit before SHTF, historically it will still buy you that suit after SHTF. That's one of the reasons there are Gold bugs (not I) out there. Conversely, your $2000.00 will buy you that suit today, but may only be enough to buy a carton of milk after SHTF.

cwhiz 6y ago
>If 1 oz. of Gold will buy you a say tailored suit before SHTF, historically it will still buy you that suit after SHTF. This has never really been tested, especially not after we left the gold standard. The utility value of gold has never been lower. I believe that in a situation where USD is worthless, the real world value of gold would plummet. Let us say shit has truly hit the fan. USD is completely worthless. You have a year of dehydrated food that you bought for $2,000. Would you swap that food for an ounce of gold? Me personally, no fucking way. I think gold is comically overvalued and completely detached from the reality of its worth as a shiny metal. People buy it because you can invest in gold contracts and watch your net worth tick up like it's a video game.
- eternalban 6y ago
  Look, if SHTF and USD is no longer reserve currency, converting your USD to something like Gold/BTC before that happens, and then leaving US of A, and then using your Gold or BTC somewhere else where Gold/BTC is accepted. This should preserve the current purchasing power/value of your savings. If you stay in USA post Dollar dethronement, sure, you have a point, unless we're taking golden guns ..