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<p>[QUOTE="doug444, post: 1910778, member: 38849"]I am buying PMs for my heirs, whose assets are currently 100% in paper dollars. If I can save them any hardship, it's all worth it; they are clueless.</p><p><br /></p><p>I have no children or grandchildren, and all my relatives are gone. My heirs are the friends who stood behind me, all the way, going back as long as 50 years.</p><p><br /></p><p>I like to tell them the "loaf of bread" analogy (without revealing my plans, that is). I tell them right now a silver dime ($1.60 or thereabouts) will buy a loaf of bread. Hyperinflation comes, and a silver dime will <u>still</u> buy a loaf of bread, maybe a loaf and a half. The ONLY way to preserve the purchasing power of your savings, and the highest liquidity of all the hoarding strategies, except perhaps ammo (which the Feds would surely confiscate if they knew about it, plus it takes up a lot of room, so no thanks).[/QUOTE]</p><p><br /></p>
[QUOTE="doug444, post: 1910778, member: 38849"]I am buying PMs for my heirs, whose assets are currently 100% in paper dollars. If I can save them any hardship, it's all worth it; they are clueless. I have no children or grandchildren, and all my relatives are gone. My heirs are the friends who stood behind me, all the way, going back as long as 50 years. I like to tell them the "loaf of bread" analogy (without revealing my plans, that is). I tell them right now a silver dime ($1.60 or thereabouts) will buy a loaf of bread. Hyperinflation comes, and a silver dime will [U]still[/U] buy a loaf of bread, maybe a loaf and a half. The ONLY way to preserve the purchasing power of your savings, and the highest liquidity of all the hoarding strategies, except perhaps ammo (which the Feds would surely confiscate if they knew about it, plus it takes up a lot of room, so no thanks).[/QUOTE]
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