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KillaKrayon 3 points ago +3 / -0

At that point the .380 may have more value. It would definitely allow the acquisition of more shiney valuables. I know that sounds shitty to say on the surface, but the truth normally is.

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LessAndLessIronic 2 points ago +2 / -0

Long vs short term.

Practical goods get you through the collapse. Precious metals allow you to carry some of your existing wealth past that into the rebuilding stage.

If we never rebuild then no, those precious metals won't be valuable because there will be nothing being produced to trade them for.

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KillaKrayon 3 points ago +3 / -0

Good point, I do agree. But the truth still standing .380 allows for recovering more later.

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LessAndLessIronic 2 points ago +2 / -0

If you could only afford one, I'd agree.

Thing is, .380 only becomes gold when the factories shut down. It doesn't retain it's value when it starts being mass produced again. Not to the extent that gives you a nest egg to start a new life.

Collapse preps, ideally, are in stages. Normal paper assets for bad stuff in normal times (say a hurricane). Cash for that period where there is a functioning economy but things are bad enough to close the banks, but before cash falls out of use (we almost got there at the start of covid, and would have if the disease had been as bad as advertised). Precious metals or foreign currency after that (Venezuela is here now). Food and ammo for total collapse (if Covid really had 5% lethality, 25% hospitalization and an R-naught like measles, we'd be here now).

On the way back up, your cash probably never regains it's value. Your food and preps that let you have subsistence are still just that -- you can't retire on a couple tons of grain and thousands of rounds of ammo.

The other two assets that survive are land and metal. One of those is portable, and doesn't require a government and/or private army to retain title.