Quote:
Originally Posted by tony286
Yeah. The currency becomes useless it wont be a orderly change to gold and silver for commerce.
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Indeed. However, I believe the end goal here is the invest in something that would retain it's "value" should the economy go to shit. As we say in 2008, you can't invest in your house to hold it's value, or stock market. If the fiat currency system collapses, people will need to go back to the gold standard.
As the documentary link I posted (available to watch on NetFlix) has cited... open a history book. All currencies who have tried fiat have eventually had to go back to being backed by gold/metals at some point. They have always collapsed.
"those who do not know their history, are bound to repeat it".
