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<p>[QUOTE=&quot;King_George_Va, post: 2423169, member: 52567&quot;]Johnny Oneal,</p><p>A lot could be said on this subject.&nbsp; You are questioning what would happen in hyper-inflation. You are right precious metals would be good to own. Also, if you new it was coming be in debt as much as possible because you could pay off the debt in worthless dollars.&nbsp; Any tangible items would be good to own. Instead of high value gold coins, I would suggest silver dimes.&nbsp; It may be hard to get change when you are buying a loaf of bread for a dollar and all you have is a 50 dollar gold piece. A silver dime may be all you need in this case.&nbsp; Plus it is a lot easier to afford a some dimes than a gold coin right now. In both deflation and inflation it is best to be as self sufficient as possible.</p><p>I agree with your statement about&nbsp; financial advisors.&nbsp; I would suggest you invest in one of the Utilities companies you use.&nbsp; I use Verizon and can buy stocks directly from them without any fees.&nbsp; In either deflation or inflation, I think utilities could keep up. More importantly if the bad times are not severe, it is a great income investment without vultures trying to get a piece of the action.&nbsp; I have been hearing about these scenarios since the early 1980&#039;s.&nbsp; They got me into precious metals and then coin collecting.</p><p>BTW, have you ever heard how Germany solved there massive hyper-inflation after WWII?&nbsp; With utilities you are buying an income stream. What ever approach you take it would be best (IMO) to be prepared for all 3 possibilities. Good luck.[/QUOTE]</p><p><br /></p>

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