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<blockquote data-quote="Bravo1413" data-source="post: 4230697" data-attributes="member: 51493"><p>Gold is a store of wealth. Some day trade for profit. The dollar is dying and inflation will continue. Gold is going up as we lose confidence in our government. Most countries as well as central banks are amasing gold against inflation and dollar dying. Soon we will have another currency which will probably in part be backed by gold. Gold and silver are the oldest form of money. In SHTF scenario you should already have stocked food,guns,ammo. Gold is purchased with excess funds as a hedge. If you go to store to purchase food and they don’t want your worthless dollars, they will take silver (dimes, quarters, halves) or 1 oz. Coins for purchase. If you have say 1/4 oz. Gold coin you may purchase food and receive silver in change. That is the purpose of having gold.</p></blockquote><p></p>
[QUOTE="Bravo1413, post: 4230697, member: 51493"] Gold is a store of wealth. Some day trade for profit. The dollar is dying and inflation will continue. Gold is going up as we lose confidence in our government. Most countries as well as central banks are amasing gold against inflation and dollar dying. Soon we will have another currency which will probably in part be backed by gold. Gold and silver are the oldest form of money. In SHTF scenario you should already have stocked food,guns,ammo. Gold is purchased with excess funds as a hedge. If you go to store to purchase food and they don’t want your worthless dollars, they will take silver (dimes, quarters, halves) or 1 oz. Coins for purchase. If you have say 1/4 oz. Gold coin you may purchase food and receive silver in change. That is the purpose of having gold. [/QUOTE]
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