Precious metals

We need to learn about money and currency... There is a big difference....... A lesson that we are all going to learn.........

The dollar is a fiat currency, so google fiat currency and see what you get.............

Look it up, it's history, it happens over and over and over and over again........

http://www.rapidtrends.com/history-of-fiat-and-paper-money-failures/

Just 1 link, google has many.............

 

You don't want to wait till after the dollar has lost it's value it will be too late..... But you may want to protect you're self from further loss of purchasing power because of inflation......... World trade is moving away from the dollar and may go to gold backed notes around the world....

And because Americans are always late to the party, they will buy after they see the price sky rocket and that's when we will start selling...
PMs have been money for 5000 years but some how today just in the states it's not worth anything......
When the dollar falls what do you think we will turn to........ Money based on something real............ PMs..........

 

Stilllllll didn't answer the question.

You said we would be one of the ones you would be selling silver to after the collapse. I'm asking why we would want to buy your silver in that situation.

Stop giving roundabout answers that ignore the actual question. Why would I want your silver? What can it do for me in a situation where the most widely used currency in the world has failed?

 

You need to have a plan to protect you're self from the coming inflation, and it's coming.......
My main plan is PMs.......

The stock market will go up but enough to cover inflation and taxes? No it won't........

PMs and a business are the 2 best ways to protect yourself from inflation.........

 

Not to mention you always talk about gold backed currencies, yet think silver is the PM we should be buying?

 

Because if the dollar drops 50% and silver goes up 500% which one will you want........

 

What can the silver do for me? Can I go to the store and buy groceries with it? Can I keep my lights on with it? What practical thing can I do with it?

 

Gold is 1200 an oz, most people can't afford it.......
Silver is 22 an oz everyone can afford to get some............

any PMs are good to get but gold and silver are most used for money.......

 

So out I curiosity just so we all know what you really think, if the dollar collapses as much as you think it will what reprocussions will there be in our daily lives?

Do you honestly think that the dollar can collapse and everything will be fine except we will magically get a new currency and life will go on?

Or do you think like the YouTube yahoos you've posted who think the world is going to collapse into a utter shit storm?

 

What can you do with a stock or a bond........

You get it or you don't.......

It's insurance against the dollar.......

You will convert it for much of the more new dollar when it comes out.......

People have lost 40% to 80% of there purchasing power during money failures in recent times and 100% in the past.........

But PMs always pull through..........

 

I think we are just going to get fucked over really bad and life will go on.......
Some of the vids they talk worse case I don't know how bad it will get.......
If countries stop borrowing us money what will we have to cut...... SSI, food stamps, gov employees..... It could get bad if you don't see it coming or are dependent on the gov........

So Cyprus had 45% of their money taken and Greece is next so something like that could happen..........

 

So the US currency will fail and "life will go on"...

How?

 

So if you live in the city and they have to cut off or reduce food stamps and the dollar just lost 50% of it's value, do you think crime will increase??
Do you think it would be safe in large cities??

That's why I keep saying to reduce debt and get PMs.... You wan't be able to use PMs at first, you need to make it through the tough times first and than have the PMs to cash in with the new dollar.........

 

Somehow we still have to pay for our goods and serves when the dollar becomes worthless right?

Are you suggesting we will pay for things with gold and silver? This is a yes or no question. Shouldn't be too difficult for you I hope. And if you manage to screw it up, ill just ask again.

 

Just study the inflation of the 70s, that's when we went form the gold backed dollar to the current dollar and it lost around 40-60% of it's value...
We just had tons of inflation........

 

I also have cash out of the system because at some point they could restrict withdrawals and they don't pay interest anyway...

So No, not unless you have to......... I have at least 2 months of cash to get me through and my bills are low enough that I can withstand some devaluation......

At some point the value of PMs will sky rocket at that point it should be easier to barter or convert to dollars as needed....

 

Seems to me like the dollar made it out just fine, yet you seem to think that if the dollar collapses the same amount again the US will switch to some different new currency?

 

But you just told me the dollar is gonna collapse? How can you pay two months of bills when your dollars aren't worth anything?

 

It didn't come out fine........

Gas used to be .25 cents now it's 2.5-3.5 that's not fine if you're retired.......... That's because the dollar went down that much gas is still gas...
It's inflation.........

 

They will just be worth less........... Like gas could go to 8 or 10 dollars not the end of the world but it sucks ass............