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<p>[QUOTE=&quot;rushcoin1, post: 915897, member: 2791&quot;]<a href="http://www.cointalk.org/images/icons/icon12.gif" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.cointalk.org/images/icons/icon12.gif" rel="nofollow">http://www.cointalk.org/images/icons/icon12.gif</a>&nbsp; &nbsp; </p><p>This is very true and one certainly cannot completely rule out one or the other scenario.&nbsp; A more likely scenario is that the G-20 will formulate and mandate some kind of universal currency which will replace existing currencies while simultaneously liquidating all of the bailout debts.&nbsp; This has apparently been on the drawing boards for awhile and will probably result in mass devaluations of the participating currencies to the extent of outstanding debts, in order for each currency to receive exchangeable credits sufficient to replace their existing floats and to allow for orderly commerce. One would imagine that the bulk of such will be done electronically so that the average person will not realize much difference until the higher prices of things begin to reverberate throughout price structures.&nbsp; It is conceivable that a deflationary scare will occur first in order to justify such an extreme implementation but more likely we will see stagflation and sector by sector inflation or deflation juggling at the same time.&nbsp; Not even the experts can agree on what the future holds in store.&nbsp; </p><p><br /></p><p>One way for silver investors to prepare and somewhat hedge for this is perhaps by acquiring the circulating 40 percent silver half dollars from 1965 through 1969.&nbsp; Since they are valid currency, during a deflation they will still be worth at least 50c each in face value and if silver rises from inflation they will share in such rise as well.&nbsp; Naturally the larger investors will seek to exchange as much as half of their holdings into precious and strategic metals like gold, platinum, palladium, rhodium, etc. in order to hedge against possible devaluations.&nbsp; Those fleeing the euro are doing so and some are also buying dollars which is propping up the dollar for the time being.&nbsp; The primary question each has to ask themselves is whether or not they want to risk losing half of their money on each possible scenario and maybe saving or preserving the other half on opposite thinking.&nbsp; To me each person has to try to assess their own particular situation and develop a plan that provides at least some protection against the ravages of all possible adverse happenings.&nbsp; Prepare for the worst but hope for the best.&nbsp; It is better to have certain things and not need them than to need them and not have them.&nbsp; That sort of stuff and if society breaks down for any reason, being able to bridge the gaps at least for short periods of time.&nbsp;&nbsp; <a href="http://www.cointalk.org/images/icons/icon12.gif" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.cointalk.org/images/icons/icon12.gif" rel="nofollow">http://www.cointalk.org/images/icons/icon12.gif</a>[/QUOTE]</p><p><br /></p>

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