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<p>[QUOTE=&quot;Argento, post: 699027, member: 17165&quot;]Here&#039;s the key failing in all of the discussion to this point.&nbsp; By the time the dollar is actually worthless, a competing currency will already be in place, guaranteed.&nbsp; Most likely this new currency will have been in place for a while by the time the Dollar is literally worth nothing.&nbsp; Hell, the financial powers that be had a plan in place as the economy damn near imploded entirely last Fall.&nbsp; As things backed away from the precipice, talk of that new currency died down but make no mistake, plans for an alternate currency is ready and waiting in the wings should the US economy go so completely off the rails that the Dollar is obliterated.&nbsp; We all caught a little glimpse of it last Fall.</p><p><br /></p><p>With a new reserve currency in place, there will be a means to assign value to commodities and hard assets like PM, Oil, Coal, ad nauseum...&nbsp; Your non-Dollar assets will retain their value, it will have a different name (my 1995 W ASE will then be worth $2000 Freedom bucks), but their value relative to purchasing power should remain approximately the same.&nbsp; Your Dollar holdings, if you were foolish to hold on as they circled the drain, will be kaput.</p><p><br /></p><p>So, to bring the conversation back full circle, I disagree with your assertion that silver/gold/etc. will lose value as a result of a loss of demand, due to hyperinflation resulting from total loss of the value of the Dollar -- under the simple premise that the Dollar crashing to zero is only likely in the event an alternative is in place and functioning.</p><p><br /></p><p>Edit: Also, as an aside, the talk of other nation&#039;s currencies crashing and burning is irrelevant to this discussion because those currencies are not the globally accepted reserve.&nbsp; That simple fact adds a HUGE wrinkle to the discussion that has only been touched on so far.[/QUOTE]</p><p><br /></p>

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