It looks like you're using an Ad Blocker.

Please white-list or disable AboveTopSecret.com in your ad-blocking tool.

Thank you.

 

Some features of ATS will be disabled while you continue to use an ad-blocker.

 

What use is gold in say an EMP strike?

page: 4
16
<< 1  2  3    5  6  7 >>

log in

join
share:

posted on Jun, 27 2017 @ 03:50 PM
link   
a reply to: InceyWincey

There are things that would be much better to have in an SHTF scenario than precious metals. First off, gold in most instances would be worth to much to be useful in any quantities beyond 1-5 grams. Junk silver in pre 1965 coins (in the US) would be better. But even then, it would be far better to have useful trade items. Toilet paper, can openers, canned goods. clean water etc...

Jaden



posted on Jun, 27 2017 @ 03:51 PM
link   
a reply to: Gargoyle91

Anything that can conduct current could be damaged beyond repair unless properly shielded, Solar panels and battery alternators could and probobly would be affected along with the rest of our electrical grid and anything that's connected.

Plenty of work around as long as you don't starve to death of thirst or die down to some other accident, medical predicament, or human conflict.

I'm sure everyone would be in demand, just not in the ways that we might imagine.



posted on Jun, 27 2017 @ 03:54 PM
link   
a reply to: andy06shake

Well I just took up a new hobby - Penicillin farmer



posted on Jun, 27 2017 @ 03:54 PM
link   
Any gold you could afford to buy... Buy food, water, ammo, weapons, meds... all the stuff that will help you survive but in golds worth of abundance.

Trade food for gold.

When currency kicks in (gold), now you have your weight and more in gold because in the beginning, gold will be worthless. One day it will not be worthless and you'll have plenty of it.

Supply and demand



edit on 27-6-2017 by StallionDuck because: (no reason given)



posted on Jun, 27 2017 @ 03:54 PM
link   

originally posted by: andy06shake
Plenty of work around as long as you don't starve to death of thirst or die down to some other accident, medical predicament, or human conflict.

That's why I reckon med's, painkillers, booze, and tobacco products would be the real currency for the first year or so until they ran out completely.



posted on Jun, 27 2017 @ 03:57 PM
link   
a reply to: InceyWincey

Well, if you and your workers are happy to exist at hand-to-mouth subsistence level for the rest of your (significantly shortened) lives, and want to bring children into that existence too, that's fair enough. All it will take is an unusually rainy summer followed by a harsh winter, an infestation of weevils, or an outbreak of leaf-mold and you're done for - but maybe that won't happen.



posted on Jun, 27 2017 @ 04:09 PM
link   
a reply to: Gargoyle91



This is the kind of knowledge that'll be worth far more than gold.

peace



posted on Jun, 27 2017 @ 04:09 PM
link   
a reply to: audubon

What has that got to do with the topic comparing tradeable items in a post collapsed society situation?
Some people will be potato farmers, some will raise pigs etc, they will continue doing what they know best and trade with others with what they manage to produce. How do your comments relate to the topic that gold in the short to medium term wil be have little value?
Pig or potato farmer has little use for a gold coin lol, grain/bread maybe, but gold no.



posted on Jun, 27 2017 @ 04:12 PM
link   

originally posted by: InceyWincey
How do your comments relate to the topic that gold in the short to medium term wil be have little value?


We already discussed this over the last few pages, and had moved on to wider areas of societal implication. You can check back, if your memory is playing tricks on you.



posted on Jun, 27 2017 @ 04:13 PM
link   

originally posted by: StallionDuck
Any gold you could afford to buy... Buy food, water, ammo, weapons, meds... all the stuff that will help you survive but in golds worth of abundance.

Trade food for gold.

When currency kicks in (gold), now you have your weight and more in gold because in the beginning, gold will be worthless. One day it will not be worthless and you'll have plenty of it.

Supply and demand



Or you can risk your food on this gamble, and when food only grows more scarce, you die from your greed.

I'll keep my food, weapons and ammo, you keep your gold.
edit on 27-6-2017 by nightbringr because: (no reason given)



posted on Jun, 27 2017 @ 04:16 PM
link   

originally posted by: nightbringr
Or you can risk your food on this gamble, and food only grows more scarce and you die from your greed.

I'll keep my food, weapons and ammo, you keep your gold.


As has already been pointed out, it's not a case of either/or. A wise speculator has a diversified portfolio.



posted on Jun, 27 2017 @ 04:19 PM
link   

originally posted by: audubon

originally posted by: InceyWincey
How do your comments relate to the topic that gold in the short to medium term wil be have little value?


We already discussed this over the last few pages, and had moved on to wider areas of societal implication. You can check back, if your memory is playing tricks on you.

No, not at all, I'm just interested in the short and medium term discussion of gold in this thread, I believe it to be worthless in that time. The longer term discussion I get you but I'm not interested in going there in this thread. If you start a thread about the long term benefits of gold ownership in a post societal collapse situiation I'll chat with you there.



posted on Jun, 27 2017 @ 04:21 PM
link   
a reply to: InceyWincey

Aye well at least alcohol is rather resistant to sell/use by dates........The good stuff anyway.


Also works as a painkiller and antiseptic so we are sorted in that dept. LoL



posted on Jun, 27 2017 @ 04:25 PM
link   

originally posted by: audubon

originally posted by: nightbringr
Or you can risk your food on this gamble, and food only grows more scarce and you die from your greed.

I'll keep my food, weapons and ammo, you keep your gold.


As has already been pointed out, it's not a case of either/or. A wise speculator has a diversified portfolio.

And I double down on my assertion.

Unless the food is in risk of spoiling, trading it for gold under those circumstances is not smart. By all means, spend your time hoarding things with no survival value while I hunt, scavenge and loot.

I agree, diversity is a good thing, but its also situational. If i only have so much space in my little hiding space, I sure as helll don't want it filled with gold, jewellery and other useless things when i could have canned food and other non -perishables.

Read any decent survival guide and I will think you would find this to be true.



posted on Jun, 27 2017 @ 04:28 PM
link   

originally posted by: andy06shake
a reply to: InceyWincey

Aye well at least alcohol is rather resistant to sell/use by dates........The good stuff anyway.


Also works as a painkiller and antiseptic so we are sorted in that dept. LoL


Exactly how I see it if our society has collapsed completely and it looks like many years until we bounce back.
Give me a bottle of vodka/rum/gin/whiske/whatever spirit if I'm tending a wound before a useless gold coin.



posted on Jun, 27 2017 @ 04:29 PM
link   

originally posted by: InceyWincey
No, not at all, I'm just interested in the short and medium term discussion of gold in this thread, I believe it to be worthless in that time. The longer term discussion I get you but I'm not interested in going there in this thread. If you start a thread about the long term benefits of gold ownership in a post societal collapse situiation I'll chat with you there.


Your memory is definitely playing tricks on you. Here is what you said in the first post of this thread.


So ATS, all you hoarding gold in the event of total societal collapse, what do you think anyone else will want it for? I can see no reason I would ever trade useful life saving items, or even alcohol or tobacco products for your shiny element.

Apologies in advance if I don't reply too much, this is purely a question and I'm just interested in why people think it's worth spending their money on gold instead of Morphine, Codeine, Antibiotics, alcohol, or tobacco. That, and food/water will be the new currency for many years if it ever all goes tits up.

Gold hoarders will be the last to be looted, well by anyone who wants to live of course.


I thought I was participating in the conversation on the grounds you set out. You seem to have changed your mind a bit since you started the thread, and strangely that change of mind only affects the conversation that was taking place between the two of us. But to be honest, I'm quite glad that I can now drop that conversation. Ta ta for now.



posted on Jun, 27 2017 @ 04:31 PM
link   
a reply to: InceyWincey

Might as well include good ole Marijuana for it's medical benefits that is



posted on Jun, 27 2017 @ 04:34 PM
link   
a reply to: Gargoyle91

Cannabis seeds are legal to buy, sell, trade, and possess in the United Kingdom. I keep a supply and carry out stock rotation. They will be worth much more than gold in an EMP world disaster.
It is only illegal to germinate them in the UK. In a post societal collapse I doubt many people from government will be enforcing that law.



posted on Jun, 27 2017 @ 04:39 PM
link   
a reply to: audubon

Cool, I fully understand that your focus on hoarding gold is for the long term when society finally starts using a token of exchange to trade again. Sorry, I should have been clearer in my OP, I'm not interested in that so much because it would be so long term.
I understand your sentiments but I imagine I'd be long dead by the time society started trading regulated measured weights of gold again. Hopefully someone else will be as passionate about the unknown long-term as you are and you can enjoy your own side conversation in this thread.



posted on Jun, 27 2017 @ 04:45 PM
link   
a reply to: InceyWincey

I found a reason to have gold that's overlooked -

Dentistry and Medicine:
Gold makes for the best fillings, crowns, bridges and orthodontic appliances because the metal is chemically inert, easy to insert and nonallergenic. Gold has been used in dentistry since 700 B.C. and will probably continue to be the best option for replacing broken or missing teeth.



new topics

top topics



 
16
<< 1  2  3    5  6  7 >>

log in

join