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<p>[QUOTE=&quot;fatima, post: 1572422, member: 22143&quot;]Sovereign governments do not go except via either revolution or war.&nbsp; &nbsp;&nbsp; On the other hand the currency of a government can fail without destruction of the country itself.&nbsp; It&#039;s unlikely we will see a revolution because the sports and high fructose saturated adults in this country are dumbed down and pacified and no country can win a direct war with the USA.&nbsp; So this is really about currency collapse.&nbsp; </p><p><br /></p><p>Zimbabwe is a good recent example.&nbsp; Its fiat currency failed when they got to the point of printing 100 trillion dollar notes and as a result the government simply shutdown its central bank.&nbsp;&nbsp; People with Zimbabwe money got some pretty notes with only some novelty value.&nbsp;&nbsp; People who had converted to gold, silver and/or another currency were protected.&nbsp; </p><p><br /></p><p>North Korea dealt with a similar problem a couple of years ago by doing a 100 to 1 currency revaluation and placing a limit on the amount of currency that could be converted.&nbsp;&nbsp; Given how that society is setup it caused widespread harm to the average person.&nbsp; Holding foreign currency was almost a capital offense and gold is illegal too.&nbsp;&nbsp; This sort of solution only pushed the problem to the future.&nbsp;&nbsp; </p><p><br /></p><p>Iceland told the banksters to eat the loss.&nbsp; For extra credit they even tossed the ones they could get their hands on, into jail.&nbsp; &nbsp; Despite dire warnings from the IMF and just about anyone else, their economy is doing quite well these days.&nbsp;&nbsp; They are the only country to have gotten it right so far.&nbsp;&nbsp; If you had your assets in gold, they were protected and you can convert it back now. </p><p><br /></p><p>The USD is also headed down the same exact road, but due to the scale of the USD in comparison, the effects and how they might try to stop a currency collapse are unknown.&nbsp;&nbsp; A collapse of the Federal Reserve doesn&#039;t mean a collapse of the government but there are huge vested interests in keeping it going at any cost.&nbsp;&nbsp; Now that American Idol - President&#039;s Edition has concluded, they will be back to dealing with this very issue, and IMO, total gridlock in the government will be suspended long enough to kick the can, yet again, down the road a couple of more years.&nbsp;&nbsp; But keep this in mind.&nbsp; If you have assets in the system, they are coming for them, one way or the other.&nbsp; They have no choice.&nbsp;&nbsp; PMs outside of the system are the best counter to it, IMO.[/QUOTE]</p><p><br /></p>

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