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<p>[QUOTE="doug444, post: 1570369, member: 38849"]Yes, and it's YOU, Mike. When hyperinflation comes, and we are past the point of no return, all those FR notes will plummet in buying power, and your bank deposits, savings accounts, and stock equity will begin to disappear. </p><p><br /></p><p>Go back and look at the major hyperinflations since WW2, and you will find that people with gold and silver had a much better standard of living, despite the fact that the average middle-class family had its savings wiped out.</p><p><br /></p><p>Too bad we don't have a member from Argentina, Brazil, Hungary, Poland, Yugoslavia, and Zimbabwe, <u>to name a few</u>, to tell us what things were like.</p><p><br /></p><p>Here is the future. Well, not quite the future. These bills lasted about three weeks, to be replaced by 1 to 100 TRILLION Dollar banknotes.</p><p><br /></p><p>[ATTACH]214764.vB[/ATTACH]</p><p><br /></p><p>Keep in mind, <u>the only logical purpose</u> of acquiring gold and silver is to preserve the purchasing power of your current assets. In your recent lifetime, you have seen gasoline triple in price. Welcome to a little taste of hyperinflation.[/QUOTE]</p><p><br /></p>
[QUOTE="doug444, post: 1570369, member: 38849"]Yes, and it's YOU, Mike. When hyperinflation comes, and we are past the point of no return, all those FR notes will plummet in buying power, and your bank deposits, savings accounts, and stock equity will begin to disappear. Go back and look at the major hyperinflations since WW2, and you will find that people with gold and silver had a much better standard of living, despite the fact that the average middle-class family had its savings wiped out. Too bad we don't have a member from Argentina, Brazil, Hungary, Poland, Yugoslavia, and Zimbabwe, [U]to name a few[/U], to tell us what things were like. Here is the future. Well, not quite the future. These bills lasted about three weeks, to be replaced by 1 to 100 TRILLION Dollar banknotes. [ATTACH]214764.vB[/ATTACH] Keep in mind, [U]the only logical purpose[/U] of acquiring gold and silver is to preserve the purchasing power of your current assets. In your recent lifetime, you have seen gasoline triple in price. Welcome to a little taste of hyperinflation.[/QUOTE]
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