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<p>[QUOTE=&quot;rush2112, post: 947188, member: 25570&quot;]<b>safety of treasurys vs gold</b></p><p><br /></p><p>While were on economics,I would like to know why treasury notes,t-note or t-bills are considered safe and liquid.In the event of a currency collapse,for example a hyper-inflation scenerio,why are they preferred if you would be receiving worthless notes in return for your t-bills or t-notes ect.</p><p>I can understand why they would be safe if they were backed by gold or silver but are they not backed by nothing more than a promise to pay?Am I right or wrong.</p><p>Although bullion pays no interest,it appears to be the ultimate hedge against anything negative.</p><p>If anyone can answer thanks in advance.[/QUOTE]</p><p><br /></p>

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