Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Gold/silver paper smackdown coming?
>
Reply to Thread
Message:
<p>[QUOTE="InfleXion, post: 1634616, member: 29012"]Please note I said in a hyperinflation or default. In the first scenario the price of goods and services rises so fast that there cannot be any semblance of price discovery. In the second scenario the currency would cease to be desired for use because the promises of the government backing the currency have been broken. Since the USD is the world reserve currency it's hard to say what other chain of events may follow. </p><p><br /></p><p>The PM miners would do fine if they could adjust their business model to use a different currency, and if they could still buy the oil they need, and if the financial system does not go down with the USD, and if their delivery system can also make the same adjustments and continue to function unhindered. Many question marks here, and most of them apply to farmland as well. Although I would rather have farmland personally, it still may require protection. The issue with metals in hand would be what someone is willing to give you for them. Yes metals also require protection, but since they are portable they are much easier to protect than farmland.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1634616, member: 29012"]Please note I said in a hyperinflation or default. In the first scenario the price of goods and services rises so fast that there cannot be any semblance of price discovery. In the second scenario the currency would cease to be desired for use because the promises of the government backing the currency have been broken. Since the USD is the world reserve currency it's hard to say what other chain of events may follow. The PM miners would do fine if they could adjust their business model to use a different currency, and if they could still buy the oil they need, and if the financial system does not go down with the USD, and if their delivery system can also make the same adjustments and continue to function unhindered. Many question marks here, and most of them apply to farmland as well. Although I would rather have farmland personally, it still may require protection. The issue with metals in hand would be what someone is willing to give you for them. Yes metals also require protection, but since they are portable they are much easier to protect than farmland.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Gold/silver paper smackdown coming?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...