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Gold and Silver DURING a collapse

Offline TWP

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Gold and Silver DURING a collapse
« on: June 15, 2016, 07:27:46 AM »
We have all seen the advice to have some Gold and Silver in our prepper stocks.

This article shows that there are time when Gold and/or Silver are going to be worthless.

Which is NOT to say you don't need to have it, but just to know WHEN it will become useful again.

http://www.alloutdoor.com/2016/06/08/venezuela-gold-terrible-prep/

Quoted from the article:

"As for the Venezuelans who are “holding physical,” as the goldbugs like to say, the only thing they could possibly exchange that stuff for are bolivars, given the very tight currency controls that the country is under right now. They won’t be getting USD for it, and they certainly aren’t going to trade it for food because, again, there is no food."

[edit] spelling
« Last Edit: June 16, 2016, 01:11:48 PM by TWP »
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