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<p>[QUOTE="mikem2000, post: 2161187, member: 30574"]Yikes!!!!!! First off, why would you think the dollar will collapse in 5 years???? Please be specific, as that is quite the prediction considering the dollar is mending and getting stronger. It really is just not likely. I am hoping you are not getting that stuff from zero hedge of silver doctor, as those folks are nothing more than low life pimps for the bullion industry who are trying to snooker you out of you hard earned dollars.</p><p><br /></p><p>Second, why would anybody want to stock up on fiat currency????? No one here has ever recommended that. The better move is to purchase assets that will grow your wealth. You can keep some fiat on hand, you know to pay your bills, and buy a case of beer. It comes in quite handy for that. It really seems you don't understand what fiat currency is for. it is simply a unit of exchange. It was never meant to be a store of wealth wealth, at least not a good one. The comparison makes about as much sense as comparing an apple with a hammer. It really depends on what you are using it for.</p><p><br /></p><p>Finally, why would you think Silver would have any value in the unlikely event of a USD collapse????. Sure it has held its value in the past, but that was because there was someplace to bring the silver to. In a USD meltdown, the whole World collapses and industry comes to a halt. Silver no longer has any industrial value and becomes worthless. There is just no place to bring your silver to. You can't eat it, and it does keep a shelter over your head. No one will want it just because it is shiny.[/QUOTE]</p><p><br /></p>
[QUOTE="mikem2000, post: 2161187, member: 30574"]Yikes!!!!!! First off, why would you think the dollar will collapse in 5 years???? Please be specific, as that is quite the prediction considering the dollar is mending and getting stronger. It really is just not likely. I am hoping you are not getting that stuff from zero hedge of silver doctor, as those folks are nothing more than low life pimps for the bullion industry who are trying to snooker you out of you hard earned dollars. Second, why would anybody want to stock up on fiat currency????? No one here has ever recommended that. The better move is to purchase assets that will grow your wealth. You can keep some fiat on hand, you know to pay your bills, and buy a case of beer. It comes in quite handy for that. It really seems you don't understand what fiat currency is for. it is simply a unit of exchange. It was never meant to be a store of wealth wealth, at least not a good one. The comparison makes about as much sense as comparing an apple with a hammer. It really depends on what you are using it for. Finally, why would you think Silver would have any value in the unlikely event of a USD collapse????. Sure it has held its value in the past, but that was because there was someplace to bring the silver to. In a USD meltdown, the whole World collapses and industry comes to a halt. Silver no longer has any industrial value and becomes worthless. There is just no place to bring your silver to. You can't eat it, and it does keep a shelter over your head. No one will want it just because it is shiny.[/QUOTE]
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