To: umgud
It will cool down when people realize they can’t buy food with it . . . which may or many not happen!
To: RushingWater
That’s why the best strategy is to keep 10% in precious metals (not 100% or 0%)
6 posted on
11/23/2009 6:33:45 AM PST by
palmer
(Cooperating with Obama = helping him extend the depression and implement socialism.)
To: RushingWater
One question, If paper money becomes useless would not Gold or silver retain trading value if society still exists? I personally would want a little gold and silver because money is on a quick road to uselessness.
Oh yea Lead, Food, seeds, and Spices will also be more valuable than paper money.
18 posted on
11/23/2009 7:21:01 AM PST by
jafojeffsurf
(Return to the Constitution.)
To: RushingWater
It will cool down when people realize they can’t buy food with it . . . which may or many not happen!
Really? When in the last 5000 years of history has gold not been used to buy things with?
Zimbabwe has completely collapsed it's economy, and guess what you use to buy bread with?
22 posted on
11/23/2009 7:39:07 AM PST by
Kozak
(USA 7/4/1776 to 1/20/2009 Reqiescat in Pace)
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