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<p>[QUOTE="Blaubart, post: 2903059, member: 37498"]What makes you think any such thing? Of course that could happen, in the absolute worst case scenario, but is that what happened in the many, many other countries who have had collapses of their currency in the past century?</p><p><br /></p><p>Were gold and silver worthless in Germany in 1920?</p><p>Were gold and silver worthless in Austria in 1922?</p><p>Were gold and silver worthless in China in 1949?</p><p>Were gold and silver worthless in Chile in 1972?</p><p>Were gold and silver worthless in Argentina in 1982?</p><p>Were gold and silver worthless in Peru in 1990?</p><p>Were gold and silver worthless in Mexico in 1994?</p><p>Were gold and silver worthless in Yugoslavia in 1994?</p><p>Were gold and silver worthless in Iraq in 1995?</p><p>Were gold and silver worthless in Zimbabwe in 2008?</p><p>Are gold and silver worthless today in Venezuela?</p><p>Are gold and silver worthless today in Syria?</p><p><br /></p><p>Do I sound like a broken record? (Perhaps I do if you've been ignoring history)</p><p><br /></p><p>In ALL of these financial/currency collapses, or periods of hyperinflation, precious metals still had value. In ALL of them, PM were able to buy food, clothing, shelter, and transportation to areas that weren't affected by the crisis.[/QUOTE]</p><p><br /></p>
[QUOTE="Blaubart, post: 2903059, member: 37498"]What makes you think any such thing? Of course that could happen, in the absolute worst case scenario, but is that what happened in the many, many other countries who have had collapses of their currency in the past century? Were gold and silver worthless in Germany in 1920? Were gold and silver worthless in Austria in 1922? Were gold and silver worthless in China in 1949? Were gold and silver worthless in Chile in 1972? Were gold and silver worthless in Argentina in 1982? Were gold and silver worthless in Peru in 1990? Were gold and silver worthless in Mexico in 1994? Were gold and silver worthless in Yugoslavia in 1994? Were gold and silver worthless in Iraq in 1995? Were gold and silver worthless in Zimbabwe in 2008? Are gold and silver worthless today in Venezuela? Are gold and silver worthless today in Syria? Do I sound like a broken record? (Perhaps I do if you've been ignoring history) In ALL of these financial/currency collapses, or periods of hyperinflation, precious metals still had value. In ALL of them, PM were able to buy food, clothing, shelter, and transportation to areas that weren't affected by the crisis.[/QUOTE]
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