Reply to Thread

Message:: [QUOTE="doug444, post: 1633935, member: 38849"]Most stackers will be satisfied, over the next ten years, to merely PRESERVE the purchasing power of their present liquid assets.  They are not traders. Just for fun, assume that today, you can get a decent quick lunch at Wendy's for $5.75 -- or about 25 cents in silver.  In 2023, due to hyperinflation and the [petro]dollar's replacement as the primary "oil" currency, that same meal costs you $20.   Silver has climbed to $95 per ounce, so that your Wendy's excursion costs you about 21 cents in silver. You have made a smallish profit on your silver in terms of purchasing power, but you have survived for ten years.  However, people who did not diversify and "protect" their bank accounts and insurance policies and stocks/bonds, etc. -- they have been screwed, big time, and most are now permanently impoverished, never to recover, and their children, with nothing to inherit, are doomed to a lifetime in the underclass full of frustration, discontent, rage, and malice toward others. The stacker's time frame is a MINIMUM of 10 years. Worse, some new flavor of fiat money may already have been put into place, to fool the people again. You can read about this inevitable and easily-explainable process in dozens of countries over the past 200 years.  We are not immune.[/QUOTE]