I strongly agree. I meant DEFLATION. The first thing I thought was that soon I need to buy more junk silver.
I expect the collapse to be in this order: Deflation, followed by inflation, followed by hyperinflation.
Heck, I think the push for a higher minimum wage is to force price inflation.
In deflation, precious metals will likely decline in monetary value just as everything else does. Good time to buy if you believe the pendulum will swing wildly back, though. Buy low, sell high.