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<p>[QUOTE=&quot;Info Sponge, post: 699424, member: 20538&quot;]The question is whether silver and gold will be valuable if the economy goes into hyperinflation, which would damage the routine economic activity that gives precious metals their industrial value. In other words, what is the value (or the price) of bullion in a collapsed economy?&nbsp; </p><p><br /></p><p>I&#039;m going to be one of those annoying people who doesn&#039;t answer the question but instead says it&#039;s the wrong question.&nbsp; </p><p><br /></p><p>If the national currency is losing half its value every 30 days, what happens to all those &quot;net 30&quot; invoices? Will a food wholesaler extend credit to a supermarket in those conditions? Will a low-margin business like a supermarket be able to pay cash up front? Will there even be food coming out of the farms if the farmers can&#039;t get credit?&nbsp; </p><p><br /></p><p>Precious metals are a hedge against inflation up to the triple digits. Go beyond that into hyperinflation and your food reserves will mean more than your precious metal stack. What is your silver worth if the supermarket shelves are bare and nobody wants to trade you their food for something shiny?[/QUOTE]</p><p><br /></p>

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