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
That's a bit rich. A rising gold price is a sign people are expecting trouble. That happens a lot even when civilisations aren't collapsing.
Looking at facts other than that, bad stuff is going to continue to come, but nothing directly world-ending (yes, including climate change).
Basically, this is a tabloid selling "end is nigh" stuff.
"End is neigh" certainly sounds like some 4 horsemen of the apocalypse shit.
Oh shit, TIL that's not how you spell that. Fixed.
And some others saw the warning signs a long while ago. I'm glad that some more of the people are finally catching up.
Welcome to the party, pals!
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…
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
Some See Warning Signs of Civilizational Collapse
Yes. Everyone.
Gold is worth more for the same reason stocks are worth more.
The GOP is destroying the dollar.
Whenever the pet rock starts to outperform the markets you know you're in for a bad time.
This is great news, my Beanie Baby collection is about to bounce back.
brb hoarding crazy madmax masks, clothing, and other generally postapocalyptic looking gear.
🤞
The thing is most of my gold (i.e. ~20% of my portfolio) is as ETFs. Good luck to me using that when civilisation collapses, if it does (I don't think that's happening in the shape and form as it sounds from this article). But then it was not likely at all I would be able to safeguard that in the physical gold form either in that perceived atmosphere of tyranny and mayhem, so that's there.
One could, however, look to reduce or balance (whatever you wanna call it) USD exposure.
Invest in bottlecaps now, folks.
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