Why Gold Will Be Worthless After the American Dollar Collapse and What Will be the Next "Valuable Currency"? Including TWENTY Ways to Prepare (Video) OYEP Must, MUST See!

Ezekiel speaks to the time of God’s wrath, and money will save no one. Only calling on the name of the Lord will save. However, I doubt gold will be worthless after a dollar collapse. It is a commodity that people have been seeking for thousands of years and it is critical for reestablishing a standard of value from region to region. However, we do know there is a time of famine coming and no one will be able to buy or sell without selling his soul. Believers won’t be able to buy in the new system, once established.

buy gold. buy food.
prepare to continue being stupid.

I completely agree with Elijah, who’s done a great job of rebutting all those phony arguments.
However, the only thing we can be 100% certain of is that the collapse will NOT play out based on any one economist’s predictions. Past crises have been well analysed and no one scenario has ever repeated itself like a carbon copy of another. And every one of these came as a shock, and wiped out most people’s savings even though in retrospect, having the hindsight of 20/20 vision, everybody says “oh, they should have seen the writing on the wall.” Fact is that they didn’t, and neither will we, until it’s too late.
In the past, the precious/strategic metals have always done well, but that might not be the case. Remember a couple of years back when they found all that fake Gold that was just plated tungsten? The fact is that the EUR is backed by Gold to 10% of it’s face, and the CHF to 40% face. If you check current eBay prices for cash Euros, especially small bills, those prices are well above what the official exchange rates are, and I’m not buying that these people are all “collectors.” Physical foreign currencies might just become part of the underground economy of the future, even if they aren’t a proxy for Gold. The Gold-backed ones like EUR and CHF are actually better for ordinary people than the real thing because their genuineness is much more easily verifiable by watermarks, holograms, strips, chips, etc. Speaking of chips, all EUR notes have a chip inside them readable by a scanner from 10 metres, just like the US and EU passports do.
What is certain is that the relative values for all commodities will change. During the Weimar hyperinflation of 1922-1923, you could trade a handful of Silver for a bucket of coal because that was also a very bad winter. Wood became even scarcer due to forced exportation of both wood and coal, plus the fact that it was needed to print up ever more banknotes. Dead people got buried in cardboard coffins and the old coffins got dug up and made into furniture. I personally own a nightstand made from the coffin of a priest who died in 1871.
A common theme in all these collapses was the value of the currency and interest rates. People who saved got pulverised, but people who had debts, or better yet, were able to borrow money to buy real things like land and commodities made out like bandits because the interest rates could never keep up with the rate of inflation. But you don’t want to borrow money to buy stocks (like they did in 1929 USA) because either their prices go down, or the dividends can’t keep up with interest rates which in turn can’t keep up with inflation. In the Yugoslavian inflation of the late 80s/90s they basically dumped their local currency and just used D-Marks, and again, heating became an issue which drove up the price of coal, wood, and stoves to burn them in.
In a city environment, guns and ammo don’t make that much of a difference because if you got 200 guys with guns in a 3-hectare city park chasing one duck, that’s just asking for trouble. Sometimes the city folk would form armed bands and raid local farms and shoot all their animals because the farmers would hold out until the food was almost unfit for consumption because every day they delayed selling it, the more money they got.
Whatever you do, don’t believe any of the talking heads that say “get out of debt NOW.” In fact, if you can, get into debt and buy real assets. Although the prices for rental real estate do go down in situations like that, the rents themselves do not, and keep getting raised to meet rising prices. They can also be collected in real assets like other currencies, Silver, food, etc. Financials like stocks, mutual funds, bank accounts, anything paper is basically garbage in a situation like that.

The entire premise of this video is flawed from the start. If you did go to get gas, how is it they just got some? What would they pay for the gas with? Pop tarts? Gold and silver are for LATER. When things start to move again business wise. Until then the only thing of value will be food, water, shelter and weapons….

Your nuts. http://www.goldirajournal.com

Anita is right about some things though regarding “Bartering items”.
Highly suggest stocking up on all types of BATTERIES for Bartering.
Batteries can become very useful items and not just for powering things up-like flashlights for example but hold onto those old battery operated Cd Walkmans or CD players..or go to Pawn Shop to see if you can find some.

Also if you can store away alot of COPPER WIRE that could also be useful for bartering in the future.Copper wire can have many purposes.There are lots of different types of items even like little bars of SOAP & toothpaste… that you can squirrel away now that will be useful for bartering later.

Use your imagination.