Venezuela
Re: Venezuela
I think it was something like " Nazis , awarrning from history" a several part documentary from the BBC that included an interview with a German shopkeeper where he talked about "selling" bread for gold and other precious items. The Jews in the gettos would barter with other stuff first , clothing , plates , furniture keeping the pm's till last as they were viewed to be of greater value but unfortunately by the time it got to using the gold and silver it had seen it's value drop dramatically it terms of what they could get with it , although not of course for the shopkeeper. At one point the shopkeeper says something along the lines of "if someone is willing to pay for a marks worth of bread with a hundred mark ring then it's foolish to turn it down".
So while I think PMs will , barring a total worldwide catastrophe, always have some value that value might not be guaranteed but more importantly in the same way we can't really store enough food or fuel for the rest of our lives it would seem highly unlikely anyone could hold enough gold and silver to use for a protracted period . At some point producing food has to become a higher priority .
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Re: Venezuela
Rubbish.
The end result of poor governance, weak institutions, massive corruption, and crony capitalism.
Argentina has been in permanent crisis since about 1998 too, and they've never had a socialist government.
And it could happen here.
Re: Venezuela
I was wondering if nobody replied he would try for a third time. Looks like Mr X is looking for an argument.featherstick wrote: ↑Mon Jul 02, 2018 9:00 amRubbish.
The end result of poor governance, weak institutions, massive corruption, and crony capitalism.
Argentina has been in permanent crisis since about 1998 too, and they've never had a socialist government.
And it could happen here.
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- Posts: 1124
- Joined: Mon Feb 17, 2014 9:09 pm
Re: Venezuela
Yeah, I shouldn't have bitten, but my point is not a Right vs. Left one, it's that our democratic institutions and customs are fragile and as preppers we need to be aware of it. FerFAL is good on what happens and what state collapse means.Deeps wrote: ↑Mon Jul 02, 2018 9:13 amI was wondering if nobody replied he would try for a third time. Looks like Mr X is looking for an argument.featherstick wrote: ↑Mon Jul 02, 2018 9:00 amRubbish.
The end result of poor governance, weak institutions, massive corruption, and crony capitalism.
Argentina has been in permanent crisis since about 1998 too, and they've never had a socialist government.
And it could happen here.
- General DeGaulle
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- Location: France
Re: Venezuela
In a situation like this Silver rather than Gold is the best option. It can be bought in small amounts especially if you buy things like old shillings, sixpence and threepences. Even a one ounce coin roughly worth a basket full of groceries, can be traded. Half and full sovereigns would be more difficult to trade for smaller or everyday items. It is not so much a lack of supply but a reduction in the value of money that causes problems in a financial collapse, and silver is a very good insurance against this. By all means have some gold, but silver will be more useful.
- General DeGaulle
- Posts: 89
- Joined: Fri May 26, 2017 6:57 am
- Location: France
Re: Venezuela
oops double posting please delete.
Re: Venezuela
We don’t do politics here, Xplosive! That way we all stay friends
Re: Venezuela
It reminds me of the documentaries talking about the US/Alaskan gold-rushes. "Clever" folks went out there not to dig for gold, but rather stocked with pans/shovels/buckets etc. & sold them for an absolute FORTUNE, partly because the miners (at least early on) were digging so much of the stuff up that they could well afford it anyway.
Re: Venezuela
Nope .... not looking for anything you know me better than that. dont know how I managed to quote myself in another reply.Deeps wrote: ↑Mon Jul 02, 2018 9:13 amI was wondering if nobody replied he would try for a third time. Looks like Mr X is looking for an argument.featherstick wrote: ↑Mon Jul 02, 2018 9:00 amRubbish.
The end result of poor governance, weak institutions, massive corruption, and crony capitalism.
Argentina has been in permanent crisis since about 1998 too, and they've never had a socialist government.
And it could happen here.
Area 11
Endure the pain of discipline or Suffer the pain of regret.
Endure the pain of discipline or Suffer the pain of regret.