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submitted 4 months ago by throws_lemy@lemmy.nz to c/world@lemmy.world
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[-] MrNesser@lemmy.world 78 points 4 months ago

The imaginary money you invested in gold is worthless if civilization collapsed, so it's in the rich person's interests to keep things going so they can pull that investment back.

It's more likely we are heading to another US recession, hopefully not as bad as the 1930s

[-] thepompe@ttrpg.network 20 points 4 months ago

I'm sorry, what? Gold has value regardless of if there's a government backing it or not. That's the entire point of investing in it, as a buffer for when fiat loses its value.

[-] SpongyAneurysm@feddit.org 62 points 4 months ago

That's the general idea, yeah. But gold investments are just a kind of construct where you legally own a certain amount of gold. Wether anyone respects your right of ownership when civilization collapses... we'll see about that.

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[-] rbos@lemmy.ca 47 points 4 months ago

What value? Can't eat it, makes shitty tools. It's shiny, but I'm not going to trade ny potatoes for shiny in a survival situation.

You can starve sitting on a pile of gold.

For gold to be valuable you still need social stability.

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[-] ranzispa@mander.xyz 29 points 4 months ago

The value of gold lies in the fact that other men may be disposed to work their ass off in order to have some shiny things to gift to women in order to have sex. As you can imagine, the power of gold amongst married couples drastically decreases.

Besides this... History shows humans always gave value to gold. For some reason we got very used into associating gold with value. As such, it is probably something good to have if economy collapses. But it doesn't really matter if society collapsed.

[-] Someonelol@lemmy.dbzer0.com 13 points 4 months ago* (last edited 4 months ago)

Gold is supposed to represent something finite that's hard to dig out of the ground. It's like the antithesis of fiat currency that way. i think of it like a hedge against the dollar like with some cryptos. That said I only think US civilization would collapse while the rest of the world moves on or divvies up its corpse.

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[-] prole 12 points 4 months ago

No it doesn't. Not anymore.

Not beyond its industrial uses, at least.

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[-] JackDark@lemmy.world 68 points 4 months ago

Some See Warning Signs of Civilizational Collapse

Yes. Everyone.

[-] baines@lemmy.cafe 49 points 4 months ago

stupid fuckers, buy bottlecaps

[-] titanicx@lemmy.zip 10 points 4 months ago* (last edited 4 months ago)

My girlfriend often laughs at my bottle cap collection. But I tell her that when the apocalypse comes I'll be the one laughing!

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[-] random_character_a@lemmy.world 44 points 4 months ago

Just late stage capitalism.

[-] klammeraffe@lemmy.cafe 13 points 4 months ago
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[-] queermunist@lemmy.ml 43 points 4 months ago

Whenever the pet rock starts to outperform the markets you know you're in for a bad time.

[-] WanderWisley@lemmy.world 38 points 4 months ago

I work in the mining industry and all of my coworkers are so excited about the price of gold and other precious metals hitting record highs. They say that this will result in all of us becoming wealthy. Bless their hearts…

[-] Alloi@lemmy.world 22 points 4 months ago

if you are a "have not" start hoarding bullets, they are really good at farming gold from the "haves"

brought to you by Big Marauder

[-] Jaysyn@lemmy.world 21 points 4 months ago

Gold is worth more for the same reason stocks are worth more.

The GOP is destroying the dollar.

[-] TankovayaDiviziya@lemmy.world 21 points 4 months ago

*American civilisational collapse

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[-] ShaggySnacks@lemmy.myserv.one 19 points 4 months ago

This is why I started hoarding bottle caps.

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[-] BarneyPiccolo@lemmy.today 18 points 4 months ago

This is great news, my Beanie Baby collection is about to bounce back.

[-] Formfiller@lemmy.world 12 points 4 months ago
[-] melsaskca@lemmy.ca 11 points 4 months ago

And some others saw the warning signs a long while ago. I'm glad that some more of the people are finally catching up.

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[-] cmbabul@slrpnk.net 11 points 4 months ago

A very useful currency for a collapse at least in the early days is gonna be cigarettes

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this post was submitted on 20 Oct 2025
438 points (100.0% liked)

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