Quote (thesnipa @ Sep 13 2019 11:50am)

gold has inherent value because humans give it inherent value. we think it's pretty, until that changes it's inherent value wont either.

seeing how slowly lab made diamonds have progressed my guess is gold will valuable for a long time.

Quote (Thor123422 @ Sep 13 2019 12:03pm)

Inherent means to be a quality of the thing, not something given by an opinion of a person or people.

Quote (thesnipa @ Sep 13 2019 12:18pm)

it has shiny properties. and inherent value as a conductor in electronics.

your definition seems to suggest inherent value doesn't exist, after all we could find an alchemical way to replace just about any substance.

what do you think has inherent value in a notable way that gold doesnt? certainly no invest-able items fit that criteria more than gold.

Quote (Thor123422 @ Sep 13 2019 12:33pm)

I thought I had made it pretty clear before, inherent value is a nonsensical concept. There is no "value" variable we can experimentally determine in a chemistry lab. Value is something we assign to things.

However, there are things we can be reasonably confident others will value in the future and therefore they make good investments.

Quote (thesnipa @ Sep 13 2019 09:37am)

you're just being a semantic say-nothing at this point. i didnt say "in the country you're safe" i said "if you want to do something to insulate against govt collapse all you can do is move farther away from people and learn more self reliant skills".

then you responded "they're gonna come for you" without knowing where i live or even how many people are near me.

if you want to live in the real world have a total stock market index retirement account and invest on a set schedule for retirement. but if you're a whacko who thinks its going to all come down dont spend money on gold, spend it on things that will help you now AND if the shit hits the fan. gold and silver are invest-able, i have plenty myself, but i dont do it because i think it will be spendable currency once the govt collapses.

Quote (Thor123422 @ Sep 13 2019 12:15pm)

In case anybody thinks metals have inherent value let me tell you a fun fact.

Aluminium used to be way more valuable than gold or silver. Then a way to efficiently refine it was invented and now it's basically worthless. For a while the person who invented the method was the richest person on earth.

There is no inherent value in metals, all it takes is the discovery of a revolutionary refining process or a large enough supply to be found and it becomes effectively worthless

Quote (Hecht55 @ Sep 14 2019 07:01am)

This hypothetical argument isn't worth the time.

We are stuck at a difference of opinion. You think you can hide and sustain yourself. I think there are too many people on the planet for anyone to hold on to any traditional property or home ideology in an end all cataclysmic event.

I'm fine to end on a disagreement in a hypothetical situation. I don't have the time to measure epeens on jsp. Good day chief.

Quote (Thor123422 @ Sep 14 2019 11:01am)

Its only a disagreement because you arent listening

Quote (Hecht55 @ Sep 14 2019 04:58pm)

That's not how it works. I heard, I can still disagree.

Quote (Hecht55 @ Sep 12 2019 02:11pm)

What I'm saying is if the system collapses that badly almost everyone is going to die. When the billions of people who live in tiny apartments/slums have no choice but to leave your land won't seem so spacious.