by Joshua Krause, The Daily Sheeple:
Among there is a common argument between those who buy gold and those who don’t. On the one hand, gold has been used as money for thousands of years. It wouldn’t be a stretch of logic to assume that if our current monetary system falls apart, something like gold might pick up the slack.
But, on the other hand, gold by itself can’t help you survive. “You can’t eat gold” is a common saying on the other side of the debate, and I can’t disagree.
I would argue though, that it depends on how severe the collapse is. If we’re talking about an economic collapse, I believe gold will become very valuable. After the Greek economy contracted several years ago, gold was being sold on the streets of Athens for more than double its spot price.
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