But your bullets will be useless against my Ironman style mechanical suit made from pure Gold.
All we'd have to do is wait for you to warp under your own weight...or you know, just shoot you, pure gold is very poor as armour
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All we'd have to do is wait for you to warp under your own weight...or you know, just shoot you, pure gold is very poor as armour
But your bullets will be useless against my Ironman style mechanical suit made from pure Gold.
your joking, right? armor made of pure gold? do you know how SOFT gold is? a .22lr will penetrate 2 inches of gold
All Seeing Eye
Admiral
I will alloy it with another metal and i'll have a gold ablative shield.
All Seeing Eye
Admiral
Where the hell would you personally aquire a 7.62 NATO Depleted Uranium slug when the world economy collapses?? and if you blast my gold armour then how would you aquire the gold? the whole point is you attack me to take the Gold and now you say you'd wallop it with a depleted uranium slug?
The mind boggles.
Why use gold at all? If you were picking a metal to use as an armour, you might as well use mercury for all the good gold's gonna do you. Use your gold to buy kevlar.
I allready have qyute a bit of it, and gold's gold, even if it had a few holes and a blood stain in it
Why gold for armor? Because he is trying to protect his investment. He has a choice wear it around town while armed with the ammunition I and others say will be worth more or sit in his gold vault 24/7.
- still can't see what use there is for gold in the collaspe of society. Its asset is that it is soft thus easily made into shiny trinkits to hang on your body. With transportation shut down which brings food to people who dedicated their lives in building a better video game I just don't see the worth and the drive to accuire a nipple, nostrol and lip ring to go along with the rings on your fingers, ears and toes. Gold will go the way of tulips.
The OP is falling into the classic trap of investing more in something when it's already high. You get drawn in at the peak just before the price plummets.
Gold is an investment like any other. It goes up and it goes down. It's not a bad idea to include it as a part of your investment choices, but only a part. Mix it up with different types of investment vehicles for diversivication.
Gold has done well lately. The value has grown 26% annually from 2005-2008. Hence the ads you've seen. But, it's not unusual for an investment type to have a hot streak like this. So, how has gold performed overall? Well, the recent hot streak is the exception, not the rule.
From 1833 to 1970, the price of gold changed very little. In 1833 it was $20.65/ounce and in 1970 it was $40.80/ounce. From 1930-1970, it grew at an annual rate of 1.7%. After the 70s it did grow faster, at an average of 8.8% from the 70s to the present.
Not terrible but during that time the price has been very volatile. Just huge swings in prices. So, if we're in a huge upswing now, odds are a huge downswing is just around the corner. I don't think I'd want to invest at the market peak!
Mr Awe
Gold is an investment like any other. It goes up and it goes down. It's not a bad idea to include it as a part of your investment choices, but only a part. Mix it up with different types of investment vehicles for diversivication.
Gold has done well lately. The value has grown 26% annually from 2005-2008. Hence the ads you've seen. But, it's not unusual for an investment type to have a hot streak like this. So, how has gold performed overall? Well, the recent hot streak is the exception, not the rule.
From 1833 to 1970, the price of gold changed very little. In 1833 it was $20.65/ounce and in 1970 it was $40.80/ounce. From 1930-1970, it grew at an annual rate of 1.7%. After the 70s it did grow faster, at an average of 8.8% from the 70s to the present.
Not terrible but during that time the price has been very volatile. Just huge swings in prices. So, if we're in a huge upswing now, odds are a huge downswing is just around the corner. I don't think I'd want to invest at the market peak!
Mr Awe
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Good point, if things get that bad where the entire financial system collapses, what can you actually do with gold? You can't eat it. People won't want it.
Mr Awe
I could not have put it better myself!
I'm glad someone else has a good head on their shoulders and can see the bigger picture.
You are assuming that a post-crisis government won't PULL a FDR and make the owning of gold illegal.
At least you know they'll outlast those silly bricks of Au-197.
Gold won't help my starving family during the coming apocalypse as much as food, clothing and shelter. (On the other hand, utilising gold salts might help with their inflammatory bowel disease and rheumatoid arthritis. If they suffered from those things that is. 
)
What I value most of all when the apocalypse happens is being with the woman I love.
[Pull youself together, man. The "woman" you love is 17 years old, doesn't speak English, is pretty much useless even before the apocalypse starts, and is a dog. - someone]
)What I value most of all when the apocalypse happens is being with the woman I love.
[Pull youself together, man. The "woman" you love is 17 years old, doesn't speak English, is pretty much useless even before the apocalypse starts, and is a dog. - someone]
Nicely put. I think gold has been subject to a speculative bubble of late, much like oil last year. My bets are gold will see $700 or lower before it sees $1200.
Probably the same place you'd acquire a facility that would allow you to produce a gold alloy.
All Seeing Eye
Admiral
There's a factory nearby here capable of doing it so no, you're wrong.
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