No Stupid Questions@lemmy.worldEnglish · 2 days ago

Is gold investing a scam?

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Is gold investing a scam?

Sheridan@lemmy.world to

No Stupid Questions@lemmy.worldEnglish · 2 days ago

173

I know people out there who have invested a lot in gold under the belief that in the event of like complete societal collapse or hyperinflation, they could use it for purchasing.

I have the hunch it’s a scam, but I haven’t learned enough monetary theory, business, or economics to understand why.

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2 days ago
It will be whatever the remnants of society deem valuable and convenient to use for condensed wealth. Probably bottle caps.

Unrelated, anyone else looking forward to fallout season 2?

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