GOLD 0.51% $1,391.7 gold futures

"There will be no currency collapse"There's been plenty of...

  1. 3,102 Posts.
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    "There will be no currency collapse"

    There's been plenty of currency collapses even just in the last few years Skol, and plenty that look likely, so like usual you are wrong. In all of them the people that had gold+silver did well, and you will mention those who had USD did ok too. That may be true, but the problem is when the reserve USD currency collapses there is nothing else to swim to except silver and gold.

    Maybe there will a decent competitor soon from the "most of the world" that us Westerners are "against", but whatever they bring about will be based at least partly on gold and silver. So metal holders still do well in that scenario too.

    The richest people alive (that aren't on any lists) have bunkers of gold, silver and other commodities. They don't have bunkers full of USD, the reason is they can print USD whenever they want so there is no need to "store it" as it is worthless. Do what they do, not what they tell you to do Skolly.
 
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