Hyperinflation is coming...
- Thread starter B00Mer
- Start date
There are lots of people concerned about the economy, but once the emotion subsides you're left with one conclusion...the government isn't going to save you, in fact it's the opposite. So what are you going to do about it?
I suspect the Canadian dollar is going to devalue on par with the American dollar. That's essentially what hyperinflation is. Could buy stocks, bonds, or exchange those dollars for commodities...something tangible. My opinion only, you have to decide what is best for you.
If they get close enough for you to need that you are already toast . Gatling is the way to go .Yes... more silver.. today I bought 3500 shares of HighTide and more Silver from https://silvergoldbull.ca/
.... and don't forget a few guns.. you may need to defend your home.
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It's only worth what someone is willing to pay you that's if you can find a buyer. Industry has their sources who Zero interest in buying your 5kg sack of silver maples. There are very few cash buyers paying spot and when shit hits the fan they'll have you by the balls.
Most places are buying rcm silver over spot (about $4/oz over last time I checked). If they aren't...move on. When shit hits the fan, what do you think your dollar bills are going to be worth.
The only thing you have of value are your skills and experience. Everything else is a farce and based on a belief of value.
Intrinsic asset value has been the foundation of trade since the beginning of human existence. Not sure farce would be the way I would define it. Trust and confidence in the perceived value of assets is instinctive. Your skills are worthless if no one needs them, and if they do, it would likely be wise to barter for something in return.
uuum, I wouldn't say the Boomer and Gen X are the Greatest Generation..
I will go with those born 1900 to 1940.. that generation, the generation of WWI & WWII.. where you could still do a deal on a hand shake.
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