Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Vermont Lt

I wish I had bought it early. But having missed that, I’m not that attracted to it. I do not believe hyperinflation is a risk, and if it is, I have enough gold at 2% of my assets that it would multiply into a decent enough cushion if something horrible happens in 15 years or so regarding the unsustainable US debt load.


12 posted on 02/03/2017 10:52:15 AM PST by babble-on
[ Post Reply | Private Reply | To 1 | View Replies ]


To: babble-on

I am not buying into the collapse of the world economy. I keep telling those who beat their chests about silver and gold, “You are not thinking about what the rest of the world will look like if your silver is worth $100 an ounce!”

I am really more interested in the technology and how it impacts the banking networks or those in areas not serviced by banks.

Right now in the third world money transfers are not practical and very expensive. I am looking at it as there are perhaps a billion potential “little” customers.


19 posted on 02/03/2017 11:03:04 AM PST by Vermont Lt (Brace. Brace. Brace. Heads down. Do not look up.)
[ Post Reply | Private Reply | To 12 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


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