Quote:
Originally Posted by Porsche-O-Phile
Gold? Bah. Worthless metal unless you're a dentist. Better - I've got ammo. Lots of it.
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Gold has quite a few more uses than in dentistry!
In a currency collapse, money-substitutes will be a necessity -- our technologically advanced society needs the tool of money as a medium of exchange; direct barter used on a wide-spread basis is simply not possible in our economy.
History has demonstrated that gold and silver are the "sound currency" economies return to after they have been ravaged by government fiat currencies.
Ammunition might actually be an efficient money substitute in some trading, but it (and the materials it is made of) is really too abundant to be long-term effective "money."
Of course, ammunition -- and the materials it is made of -- is still much more scarce than paper, so ammo would still be a better place to have savings than in paper fiat money.