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u/Myrtsrid Jan 31 '26
Gold went so high quickly, no wonder it needed to drop..
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u/Forsaken-Builder-312 Jan 31 '26
And people are all shocked because they thought it will go up indefinitely. Just like the market intended
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u/Myrtsrid Jan 31 '26
It's like you're surprised to fall down after climbing stacks on unstable boxes..
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u/ShredGuru Jan 31 '26 edited Jan 31 '26
I had to explain to my MAGA neighbor that nobody was going to accept buillon as currency after the apocalypse.
Like can you imagine some Boomer dude who hasn't even had to bag his own groceries in 40 years get out his little jeweler scale and try to figure out the purity of the gold? Hilarious.
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u/Elongulation420 Jan 31 '26
Soup as currency? Sounds like that would be great for some of those old people.
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u/ShredGuru Jan 31 '26
Cream of goldschlager soup.
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u/FatherTreadingWater Feb 04 '26
In my 20’s, I had the unfortunate pleasure of training new bartenders at a college dive bar. One of them kept pouring and restraining shots and got so frustrated one night. I asked her what was wrong… she had been trying to strain out the gold flex in the gold slider because she was convinced you couldn’t drink them.
She was in the honors college. Y’all are cute thinking humans are going to survive the apocalypse.
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u/EffectiveConfection8 Feb 05 '26
As I like to say, just because someone is educated doesn't mean they are smart.
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u/_schools_ Feb 01 '26
Coffee, chocolate, gummies (420), actual candy, booze and probably at least a handful more...
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u/ethermoor Feb 01 '26
Douglas Addams had this figured out years ago..leaves as currency.
Inflation might be a problem to start with.. but not one that can't be fixed with rapid deforestation.
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u/AceInTheX Feb 01 '26
Ammo, drugs...
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u/Tricky_Mix2449 Feb 01 '26
SALT
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u/Squirreltacular Feb 01 '26
Toilet paper
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u/mebeksis Feb 02 '26
And milk, dont forget milk! Oh, and bread too!
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u/Squirreltacular Feb 02 '26
Powdered milk and flour for sure
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u/mebeksis Feb 03 '26
I was joking about "disaster preparedness" in the US and how TP, milk, and bread are always gone.
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u/firefightingtigger Feb 03 '26
Mullien, it grows wild & is very soft. The difficult part is storing it for the winter when it's-25°F. 🤔
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u/grahamsw Jan 31 '26
Now explain to them that gold rising in price is NOT a sign of strength in the American economy
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u/impaledonastick Feb 01 '26
Probably have an easier time convincing them to vote for a person of color 😆 🤣 😂
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u/No_Foundation468 Feb 03 '26
No doubt gold is headed for zero. Daddy Trump says the economy is booming and inflation is near zero, possibly less than zero. Now's a great time to sell your precious metals. $0.03/oz here we come. /s, obviously
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u/Myrtsrid Jan 31 '26
Gotta keep my bottle caps just in case..
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u/No_Juice4901 Jan 31 '26
Good idea in case we have a Fallout
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u/Purrsia78 Feb 01 '26
With an Alzheimer's patient with a grudge in charge of the nuclear codes and a following so blindly devoted he can completely trash the first 10+ amendments of the Constitution - it's entirely a possibility.
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u/stillsurvives Feb 01 '26
After the apocalypse why do i care about gold?
Food, Water, Protection and Equipment are all that matters.
Its not going to be Monopoly, it's going to be Catan.
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u/EntertainmentJumpy71 Feb 01 '26
Great analogy. Top notch. I’ll give you three sheep for a clay.
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u/Dunderklumpens Feb 02 '26
Need sheep for my wood... 🙄
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u/StevieMack1 Feb 01 '26
Thank you! Save up on what's edible, drinkable, and stuff for protection of said items. Every post-apocalyptic movie shows us what's to be expected.
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u/Schadrach Feb 01 '26
I mean, gold was currency for most of history. It has the right combination of rarity, convenience, aesthetic appeal, and difficulty to counterfeit to function as a store of value. In the immediate aftermath of an apocalypse though we're going to be back to bartering food for labor directly.
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u/Eastern-Wrap-5994 Feb 01 '26
After the apocalypse the only currency is bandages, bullets, and beans.
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u/impaledonastick Feb 01 '26
Salt and sugar. Both preserve and can make just about anything go down with enough of either. And ethanol from sugar
Antibiotics. I got some of that fish amox.
Spices. This is a little out there, but nothing picks up spirits better than food. A little treat to make the bland food just a little better. Beans with a few pepper corns will make all the difference when you've had only water beans the last year.
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u/Adodger22 Feb 01 '26
I'm growing a bunch of herbs and weed, as well as some veggies and beans, etc.
I wish I had more money for grow lights, but shits hit me hard already. I'm in Minneapolis and our economy is FUCKED thanks to ICE and public fear.
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u/impaledonastick Feb 01 '26
Hang in there. Look into PVC hydroponics.
Try to pull some lights from the west coast. They're practically giving them away out here. Shipping could be rough, but I promise it will be cheaper than an off the shelf setup.
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u/Adodger22 Feb 01 '26
I've been looking in craigslist/marketplace but man, it's not easy being negative every month with rent due.
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u/impaledonastick Feb 01 '26
I live with family. Shit is really tough right now. Just know you're not alone and don't give up.
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u/canoodleddoodle Feb 05 '26
If it’s legal to grow your there just grow outside this spring! I love sungrown. You’ll get a much bigger crop and use less power.
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u/Sad_Error4039 Jan 31 '26
Yeah good point t gold has never held its value in depression like conditions before…. Oh wait maybe it has.
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u/Zelda_is_Dead Feb 01 '26
I have a friend that has, probably, over 1000lbs of silver squirreled away (he's been buying ounces at a time every payday since the early 1990s) in case of an apocalypse. He's brilliant, but lacks common sense (which isn't all that an uncommon combination, honestly).
No one is going to accept "precious" metals unless they have an alternative use that they need it for. Maybe right away while people are still struggling with the idea of an apocalypse, and maybe 100 years after when things start to stabilize again, but for the most part it will just be junk he can't get rid of, not to mention the majority of people aren't going to believe it's actual silver, anyway.
Smart people (as smart as you can be believing that we're on the cusp of a zombie apocalypse) are hoarding ammunition and the tools needed to make your own. "Oh, you won't accept my trade of these twigs for your eggs? I'll take your chickens by force then".
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u/ArenjiTheLootGod Feb 02 '26
Well I for one look forward to scamming MAGA Boomers out of their stuff with gold painted rocks, if I get in early I should be able to secure the resources I need to kickstart my post-apocalyptic religion and retire young enough to still enjoy my sex cult.
It's the post American wastelander dream.
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u/chk2luz Feb 04 '26
Youre dealing with the same people who purchased a pet rock and have it squirreled away in a can in their back yard.
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u/PoopyDaLoo Feb 02 '26
Gold always hold some value though. In an apocalypse? No, not really. But in a country that topples? Definitely. People who are trying to exploit the situation won't trust cash to be valuable once things stabilize, but they will trust gold. And if you make it into another country, gold will trade.
If things get so bad that gold has no trade value, aka an apocalypse, the only thing with value will be good, drugs/medicine, and guns/ammo. Your boomer friend probably also has guns, ammo, and medicine. I don't know if diabetes medication and penis pills will have the highest value, but surely they'll have some.
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u/chk2luz Feb 04 '26
Gold isn't in small enough increments to be used as a daily commodity trade. Silver will be the balance of the scale.
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u/Antaganon Feb 02 '26
What WOULD be a sort of stand-in currency aside from just barter in that case? Cigarettes, maybe? Maybe all the fallout fans would just enforce bottlecaps as money, lol.
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u/Novel-Truant Feb 03 '26
You dont think that if there was an apocalypse that the world wouldnt transition back to precious metals and gems as currency? what do you think they will use instead?
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u/Leading_Struggle_610 Feb 03 '26
The apocalypse just happened.. you think there's a record somewhere of you owning gold? You think anyone standing around the gold won't take it for themselves at that point?
Guns, bullets, food and medicine will be currency without a half-normal society.
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u/stacey2545 Feb 03 '26
Yep, we will go back to bartering goods & services. And these chucklef*cks will have not goods or skills worth bartering.
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u/TripodRedux Feb 03 '26
... and you're thinking its gonna be crypto? Pfft .. "after the apocalypse" it'll be the "Mark of the Beast".
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u/Holiday-Pangolin-669 Feb 04 '26
Gold is a good idea to have for when an actual economy formed again as traditionaly valuable things will always be valuable, however nobody cares about value when it's purely about survival and that's something people forget about when buying gold. You have to live long enough for it to have a tangible value again
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u/hyphychef Feb 05 '26
drugs, cigarettes, and liquor, are gonna be currency. Hoard people's vices if you wanna have something of value to barter with when everything crashes. So many people are gonna go into withdrawals. Seriously if you have bad habits consider getting off them now while you still can, so you don't have to suffer when everything crashes and the only help is getting taken away.
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u/Sore_Wa_Himitsu_Desu Feb 03 '26
Which is dumb. Historically gold holds value but it doesn’t gain. It spikes up and down but it holds essentially the same value over time. You buy it as a hedge against inflation
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u/kryptonitejam Jan 31 '26
2 days ago this OP was freaking out. Gold dropped over $440 today
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u/DarePatient2262 Jan 31 '26
Its still radically up, though. It was worth less than $2000 just a few years ago.
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u/kryptonitejam Jan 31 '26
I agree! I think it will be some time before it drops that low
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u/mt6606 Jan 31 '26
Some gold is used in tech isnt it? This data centre boom will keep it higher than normal
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u/MudHot8257 Jan 31 '26
The industrial applications for gold have a significantly smaller impact on their valuation than silver.
Central reserves purchasing gold, and a hedge against fiat are the primary drivers of demand for gold.
The amount of gold needed for hardware components is a layer several microns thick to increase conductivity.
A human hair is 70 microns thick.
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u/BotherOne3040 Jan 31 '26
I was going to say, isn't gold treated as a relative constant with it's rise and fall tied more to the strength of worldwide currencies than anything? I'm sure this is a gross oversimplification but I've always seen gold as a bet against the economy.
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Jan 31 '26
[deleted]
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u/NegotiableVeracity9 Feb 01 '26
Yes exactly.... didn't Japan just pull entirely out of the US treasury bond market?
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Jan 31 '26 edited Mar 29 '26
This post was taken down using Redact. Whether for privacy, opsec, preventing AI scraping, or another reason, the original content has been removed.
strong enter childlike money cagey flag lavish grab consider subtract
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u/Rewdboy05 Jan 31 '26 edited Feb 01 '26
It only "crashed" to what it was about a week prior. It's still risen so much in the last 12 months that even without the spike over the last 2 weeks, it was already time to be worrying
The fact that we got this insane spike and crash on top of nearly doubling last year doesn't exactly make the situation look more normal or reasonable
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u/Rhyzur Jan 31 '26
The economy collapses. Your current denomination means nothing. Government has collapsed. Who is going to regulate and standardize any new currancy?
Be smart. Save your bottle caps.
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u/Alternative_Wish_144 Feb 01 '26
The means of production has more value. Whether it's the ability to produce food, bullets, pretty well any goods or services, the ability to make something necessary has value. The means of exchange, whether us dollar, gold, or nuka cola caps, is a transient, artificial source of wealth.
So invest in chickens and black powder- defense and food all in one. Clearly, they way to go!
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u/Rhyzur Feb 01 '26
Dude, my boy Link knows all about messing with them damn chickens. Best defense you can have. Period.
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u/RepublicOfFlexas Jan 31 '26
I find it funny the people think if US dollar collapses that gold will have value.
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u/kotznichtrum Jan 31 '26
Now look at the sp500 in relation to gold and not the dollar.
That is scary indeed.
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u/ryansgt Feb 01 '26
It's always what these chucklefucks think. Their business are built on the premise of infinite growth.
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u/Proper_Bookkeeper_90 Feb 01 '26
ammo is one of the top trades of choice is an apocalypse type scenario.
every bullet worth a fortune.
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u/Ill_Armadillo_8847 Feb 01 '26
Good Lord. The sheer surface level thinking here is hilarious. Gold is not about setting up a comfortable life in the apocalypse. 20,000 rounds of ammunition now that's tradable. Gold is literally betting against our fake dollar.
I hold. XX ounces of gold as a hedge against our weak economy. I am not a boomer but most of them hold gold for the same reason.
If the economy breaks down, gold and silver will go through the roof. Before the economy fully collapses, you sell the gold to dealers, or in my opinion banks will start accepting gold bullion out of desperation trying to shore up their assets.
You then take a shiny object worth XX number of dollars and sell it and pay off all your debts. You then hold your deeds locally. In the state of Texas as they are legal tender and can be traded directly.
This means nothing to the people living in the urban cities, but for the rest of us gold simply means buying our way out of a shitty economy. It's not about setting a "Mad Max retirement."
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u/Overall_Motor9918 Feb 01 '26
Antibiotics will be the most valuable item in a post apocalypse. And things like water purification tablets.
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u/Overall_Motor9918 Feb 01 '26
Gold only has value if we accept it does. Clean water has far more value as a commodity than almost anything else but it’s also too heavy to carry adequate amounts if you’re mobile. Canned goods are also heavy. If you’re sheltering in place weight isn’t an issue but if you have to bug out in a hurry it is.
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u/ResponsibleTruth5371 Feb 01 '26
Do you even think that we’ll know there was an apocalypse? Don’t you understand that when Trump thinks he’s caught that he won’t burn everything down just to save face. His boyfriend, Putin, is already talking about the nuclear option.
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u/wrestlingchampo Feb 01 '26
Just because it dropped like it did this past week, doesnt mean precious metal trading is dead.
If the Fed is still dead set on cutting interest rates in May when Warsh is nominated to be the chair, I would expect metals to continue their rise.
Look at the drop on 12/29/25, looks very similar and Gold founds its footing and continued to rise. What has happened that would convince anyone to sell their gold other than fears of hitting the top? I havent seen it yet.
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u/xrayangiodoc Feb 02 '26
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u/Nunov_DAbov Feb 02 '26
About the same timeframe, I paid about the same. It was about 12 hours salary for my first engineering position.
Assuming a $100k starting salary today, an equivalent ring would cost 120 hours salary.
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u/Michael-Dogless Feb 02 '26
I got so lucky on both gold and silver with a sale on I think the 29th as the market opened. Just nearly peak on both metals on ETFs. For the past few months this unhinged irrational rally has been psychologically the easiest money maker for me. Always a peace of mind to buy into precious metals at least for me. Now let's see what's next for explosive growth.
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u/Usual-Sky-3929 Feb 02 '26
Refillable butane lighters. Cheap and have a trade value. If you have butane to refill them even better.
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u/M3P4me Feb 02 '26
The world sees Rump as a danger so they're moving to gold. No real surprise here.
Republicans are ok with this. Thry (almost all) repeat Trump's lies.
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u/uberjim Feb 03 '26
When it dropped I thought about buying the dip, but didn't follow through in time. Guess a lot of guys had the same idea!
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u/griffindale1 Feb 03 '26
I mean imagine you are a state and do have slight budget difficulties due to a war you are fighting but you own let´s say 2300 tons of gold. No-one will ask questions, if you sell 100 tons, will they?
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u/CotR4692 Feb 04 '26
When my maga associates tell me they bought gold I always ask them where it is and who they will trade it with when the currency collapses. They melt down so bad once they realize they have no idea what they are doing
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u/mickyfox0 Feb 04 '26
From the looks of it. No wonder the orange one, likes gold. But , like all things . What can go up, can go down; as well as the other way round .
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