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<p>[QUOTE="Cloudsweeper99, post: 1170021, member: 3011"]Three thoughts...</p><p><br /></p><p>First, you can overthink these things. Gold and silver have been in a bull market for some time. People spend a lot of energy trying to come up with reasons. It's a good bet nearly all of them are wrong. PM prices will continue to rise until something happens to END the bull market. That hasn't happened yet.</p><p><br /></p><p>Second, keep in mind that under hyperinflation, you may not be able to pay your debts because (1) the courts may change the rules and inflation adjust the debts, and (2) normal busines will drop considerably, so whether you are self employed or work for a company, your purchasing power will very likely be lower than it is now. </p><p><br /></p><p>Third, in a hyperinflationary economy, people will be desparate and in the event you are better off than the majority, many of them will be willing to risk their lives to take what you have since they won't have anything to lose. I know many people here consider themselves heavily armed tough guys, but how long will you last in the daily shootout for survival?</p><p><br /></p><p>So hyperinflation isn't something to root for.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 1170021, member: 3011"]Three thoughts... First, you can overthink these things. Gold and silver have been in a bull market for some time. People spend a lot of energy trying to come up with reasons. It's a good bet nearly all of them are wrong. PM prices will continue to rise until something happens to END the bull market. That hasn't happened yet. Second, keep in mind that under hyperinflation, you may not be able to pay your debts because (1) the courts may change the rules and inflation adjust the debts, and (2) normal busines will drop considerably, so whether you are self employed or work for a company, your purchasing power will very likely be lower than it is now. Third, in a hyperinflationary economy, people will be desparate and in the event you are better off than the majority, many of them will be willing to risk their lives to take what you have since they won't have anything to lose. I know many people here consider themselves heavily armed tough guys, but how long will you last in the daily shootout for survival? So hyperinflation isn't something to root for.[/QUOTE]
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