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Small-Scale Question Sunday for February 1, 2026

Do you have a dumb question that you're kind of embarrassed to ask in the main thread? Is there something you're just not sure about?

This is your opportunity to ask questions. No question too simple or too silly.

Culture war topics are accepted, and proposals for a better intro post are appreciated.

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Is right now (after a historic crash) a good time to buy in on silver and gold? The underlying logic still seems sound (needed for electronics, inflation/weakening USD, increased international drama)

Periodically when I have the extra cash in the bank and the extra room on my credit card, I buy an ounce of gold at Costco on my way out. I wouldn't want to buy gold futures, as the value of the gold to me as an inflation/TEOTWAWKI hedge is minimized by having intermediaries between me and the gold.

If you have significantly higher value assets than I do, that probably becomes impractical for storage reasons.

I'm not sure what's the point of buying Costco gold tbh. It's overpriced (usually not by a lot, but noticeably), if you'd want to sell it you will inevitably pay a commission, you need to store it somewhere in secure place and not lose it, and frankly excluding the scenario where the civilization collapses, I do not see any advantage over holding gold-linked assets. At least I don't run a risk of losing those if I move...

Am I missing something important here?

I agree; gold's value is societally determined. In cases of societal collapse, your gold will just be taken off your corpse by a spike-covered guy driving a car that's also covered in spikes.

Someone buying physical gold should really be buying bullets, vitamins, and canned protein.

Yeah I mean if you're serious prepper, with the bunker filled with canned food, gas and ammo, then having one shelf there dedicated to gold and silver makes total sense. If that's your model of the world, physical gold fits it well. But doing just physical gold without anything else is just a recipe for losing money, IMO, if you're doing it for the financial reason.