Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: exnavy

The argument is that if the economy goes belly up the value of money will go away. Gold and silver are for AFTER. It is a store of value; an insurance policy.

A total collapse is not likely. A depression and/or major war is.


39 posted on 08/17/2016 3:10:29 AM PDT by Vermont Lt
[ Post Reply | Private Reply | To 28 | View Replies ]


To: Vermont Lt
"The argument is that if the economy goes belly up the value of money will go away. Gold and silver are for AFTER. It is a store of value; an insurance policy."

Yep. A lot of people are missing the point on precious metals. Assuming you survive the collapse, you'll have value stored in case the currency is worthless, or even replaced. Preps first obviously, but PMs if you have wealth left over.

117 posted on 08/19/2016 5:50:07 AM PDT by Mich Patriot ("The problem with quotes found on the Internet is they are often not true." - Abraham Lincoln)
[ Post Reply | Private Reply | To 39 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson