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The Water Cooler
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SHTF currency
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<blockquote data-quote="badrinker" data-source="post: 1504344" data-attributes="member: 3822"><p>I would think it would depend on the degree of "SHTF". </p><p>In a total meltdown of society, we would immediately return to the barter system, with food, water and probably knowledge as the most valuable commodities. Gold has no intrinsic value, it's really not good for anything, it's currrent value stems from it's rarity. It would probably be as valuable as fine art.</p><p>However, if we are simply talking about a breakdown of our government, with other stable governments still existing in the world, then gold would retain more value and be far more portable than potable water!</p></blockquote><p></p>
[QUOTE="badrinker, post: 1504344, member: 3822"] I would think it would depend on the degree of "SHTF". In a total meltdown of society, we would immediately return to the barter system, with food, water and probably knowledge as the most valuable commodities. Gold has no intrinsic value, it's really not good for anything, it's currrent value stems from it's rarity. It would probably be as valuable as fine art. However, if we are simply talking about a breakdown of our government, with other stable governments still existing in the world, then gold would retain more value and be far more portable than potable water! [/QUOTE]
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