Subj : Re: Gold and Silver
To   : debian
From : poindexter FORTRAN
Date : Tue Nov 08 2022 13:16:00

-=> debian wrote to all <=-

 de> I don't forsee gold or silver replacing the dollar/credit, even in a
 de> mad max situation. It seems allot of these gold and silver advocates
 de> think that these will replace the nations currency when all goes down.

I see silver having a place in a time when the dollar's trust is lowered, or 
when cash is restrained, either through economic or electronic issues.

Having a stash of ounce silver coins would be a good amount for bartering 
for goods when cash is either doubted or unavailable.

 de> Diversifying and having different currencies isn't a bad idea, though.
 de> It may come to a point where one currency may have more buying power
 de> than another? Having a cash reserve on hand will be more helpful than
 de> having a frozen credit card.

I've been looking into index funds based on international stocks - having a 
Canadian, European or Asian index fund in your portfolio would be a nice 
hedge.


.... Define an area as 'safe' and use it as an anchor
--- MultiMail/DOS v0.52
 * Origin: realitycheckBBS.org -- information is power. (700:100/20)

.