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re: Gold is a stagnant investment
Posted on 4/7/13 at 3:43 pm to Teddy Ruxpin
Posted on 4/7/13 at 3:43 pm to Teddy Ruxpin
quote:
First scenario my opinion is that could work if your local economy isn't the USA since if the USA collapses there will not be many places to move to who are not suffering almost as badly.
Yeah that's the kicker. We're in a situation living in the US where if our currency collapses overnight, much of the developed world will feel the effects also. I guess that makes the second scenario the most likely situation for us, and as you say protecting your assets will be a high priority, which also justifies your earlier assessment about having more guns....or a good hiding spot.
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