[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

Search:


View post   

>> No.30045330 [View]
File: 127 KB, 900x900, Mountain house bucket.jpg [View same] [iqdb] [saucenao] [google]
30045330

See this pic? It was $45 just 2 years ago. Now it is over $110 and out of stock in many places. It has a 25 year shelf life. Do I have a bunch to trade? No. but it was a solid investment. Now if I had say gold or silver I wont trade it all away for 1 pouch because my family was starving. Which is what will happen to those holding gold or silver.

I have USD & I have cryptocurrency, but just like with gold and silver during an emergency its value will be much lower than today because it doesnt have a use for most people. Buying only gold cause the dollar is going to fail is basically shooting yourself in the foot, if you think things are going to get bad, prepare for the bad time as well while you have the means to do so. Just holding gold cause muh value is fine, I do the same for crypto but dont go playing around that it will be king of all if there is a crisis.

Navigation
View posts[+24][+48][+96]