One thing all investors need to put into their investment decisions is this imo...
I read buy silver...buy gold (physical not paper)
I think we are heading for a cashless society...all things are pointing towards that outcome sooner than later... t will be spoken about as better..crime etc from robberies will cease...black market money will cease....etc
So if all paper/coins disappear...and say converted to e dollars..the governments may give a year or 2 so everyone can transfer cash/coins to equivalent E dollars.
All the black money will have to be converted or lost....
Then at that stage every...every transaction will be recorded....
If you hold physical gold /silver...whats to stop the governments making a ruling that due to national interest (the fact the government does not have the holdings of Gold and silver they need...they rule everyone cashes in physical..and paid in E dollars...and again give say 2 years for people to do that...then after that point any gold/silver bought will have to be verified against a database of holdings...so no-one can buy any silver from you unless it matches up with what the data base says...
then the governments will have control of everything...the whole money system is on a database... Any gold/silver traded nust go thru this process..and as you can only be paid with e dollars every transaction is recorded...they can trace every ounce....it will stop theft..black economy...and will answer the governments money problems...they get the physcal gold/silver...you get e dollars...it may sound far fetched now in a few years time not so far fetched imo.....
