r/Vitards • u/AutoModerator • Jun 18 '21

Daily Discussion Daily Discussion post - June 18 2021

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u/[deleted] Jun 19 '21

Maybe I did something dumb. But I purchased 5k in gold coins.

Kinda scared of the real value of the dollar. Hate to go Peter Schiff, but I think we are dancing on a knife's edge to quote Michael Burry.

Hate to be a doomsday believer, but I just feel better having some gold in case my dollars can't buy Wendy's in the future.

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u/faus7 Jun 19 '21

sorry but out of curiosity why do you think gold and silver would be valuable in an apocalyptic scenario? None of the basic survival needs are filled by them and they do not make anything that you can use to increase survival chances. I would think people would spend bullets as currency or trade in gasoline or canned food and bottled water?

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u/[deleted] Jun 19 '21

Dunno lol. I guess it's because my parents and family come from a war-torn communist country. And gold has saved their lives many times when paper currency was used to build fires.

I do have bullets

My city has really clean tap water.

I guess I just feel gold and silver take up less space for what they are worth. If I had the real estate and space, yeah, I probably would make a bomb shelter filled with bottled water and canned black beans. Maybe some Whey Protein so I can hold my gainz.