Don’t be surprised if the US Govt defaults on debt

[andromeda]

Originally Posted by Kahunamahalo

Stores of food, water & fuel for me. What else can the average Joe do?

Yeap, one can not eat gold...

[Kahunamahalo]

Originally Posted by andromeda

Yeap, one can not eat gold...

Amen to that

[Zynox]

Yet, regarding gold: And one time, at band camp ... oops, back aligned, regarding gold:

From thread "Would it make sense to avoid using a bank?" at:

http://www.projectavalon.net/forum/s...ead.php?t=2091

Gold, Silver and other storage and exchange formats of 'wealth' will not, by themselves, taste good, keep one warm or provide basic survival sustenance.

That stated, a review of history reveals that since time recorded, or at least the recordings we have access to, precious metals have been the vehicle that stored wealth was mutually agreed upon, and it is also the mechanism of juice that was used in exchange as communities (and kingdoms) re-established after upheaval transitions. I haven't found any evidence that this has not always been the case, but, sure, it could be different this time, though I doubt it.

Look at modest and distributed precious metals as one of the tools and resources to get from here, to there ... also, if only the elite held precious metals, whom do you think would be 'in charge' after a transitory upheaval, and what sort of society do you feel they would want to (Re)implement?

I don't fear the powers will outlaw precious metal ownership again, like prohibition, I think some lessons were learned, but, the sheer fact that they did once outlaw it (except for their internal and banking uses) leads me to feel they understand the undifferentiated power of precious metals. By undifferentiated, I mean, the metal is neither good nor evil, simply a tool, like a guitar, a hammer or a fact.

Namaste!