Quote from: JOE on March 03, 2024, 01:55:18 PMI think silver might be useful in Hard Times (which I believe is coming) because most people probably won't be able to afford gold. But they'll likely be able to afford silver. As you say, what will be tradeable for food? Silver probably.
Gold will be tradeable for large amounts of money & big ticket items/land, but I think it'll be the banks, governments and large financial institutions that'll buy it up (or possbily expropriate it in some countries). But once they do, they won't return it. They'll keep it for themselves. Just like what the Elites/Wealthy on every continent/empire have done throughout history for thousands of years.
But I think silver might end up being traded in the emerging underground economy.
The most valuable commodity of all is clean drinkable water. It is more valuable than gold or silver can ever be.
And fresh food. You cannot eat gold or silver.