100% agree on that, a collapse of the system is not what we want to see at all as deflation will rage, hyperinflation is the other possibility everyone seems to bank on, either can happen, possibly both, massive deflation followed by massive inflation.
Gold is not a speculation, it's an insurance policy or hedge.
My thoughts are inflation is the way out but I don't want to see hyperinflation, no one will like that world, not even if you own Gold IMO.
Having said that I'm more comfortable owning some PM's and PM shares than none, also it's about 5x my cash holdings as any deflation whilst painful may not last long with how quickly the printers get turned on.
Is there anyone left who actually thinks the debt is sustainable?
Best looking weekly chart, page-1781
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