Investments

[ila]

Originally Posted by TheAngryPostman

Gold for me.

If a complete collapse of the economy or a really bad depression ever happens, metals will be the most useful things to barter. Gold, silver, hell even copper or brass would be in high demand. Federal Reserve Notes and other things of the sort are play money; a chunk of gold carries far more weight(no pun intended).

Just lookin out for the longterm you know?

The problem with owning precious metals is that one's ownership is just pieces of paper. One doesn't actually hold the metals, but just certificates that show ownership. It would seem to me that if their is a massive economic collapse it will be all but impossible for one to get hold of those metals. Pieces of paper are hard to sell in an economic collapse. I would like some prove my theory wrong.