DITTO. Purchase of hard assets is a bet against gov debt driven system. If it implodes due to an unforseen event or it just reached its limits, gold and silver will protect your buying power when inflation and hyperinflation hits before the G7 nations meet to re set the currency. Gold and silver prices below mining costs plus China, Russia and India buying up available supplies at the low low prices, the supply of the metals cannot last forever at low low prices. All the naked shorting is causing physical supply going East to China, India and Russia. What is Wall Street going to do when people who brought prec metal contracts want delivery of physical bars in lieu of cash? Hope US Ft Knox is not going to loan their gold to Wall Street to prevent the ponzi paper gold scheme from collapsing. If that happens the American people will suffer when China and Russia decides to trade in their own gold backed currency and make it available as an alternative to US dollar.
I'm not doubting that, but is there a website that checks such things?
There is no monetary protection for the little guy, well maybe stocking up liquor and ammo, but phys. gold and silver will be hard to keep and hard to trade if SHTF.
We may have been stupid enough to elect and re-elect this bunch of grifters, but the rest of the planet isn’t stupid enough to trust China or Russia’s slight of hand currencies.
Unlikely.