Re: The World Is Now On The Edge of Massive Financial Destruction & Total Chaos
posted on
Nov 27, 2015 06:26PM
I concurr. The 10-20% of my portfolio invested in commodities esp. gold & silver, with just gold stocks appreciating possibly 20-30 fold, will more than make up for the loss in my other savings. The biggest question I have is when cash is needed, will we be able to sell the stocks and gold/silver bullion? If so for what? Also what if the (US)Govt forbids the sale of precious metals, instead of,say, calling in all gold & exchanging for new worthless dollars, like was done in 1933, being illegal to hold gold and gold exchanged currency/bills.
Possibly,Americans won't be allowed in or out of the country with gold/silver, and as some countries around the world have done leave with more than a token amount of cash. ($200 was all an Australian,coming to America, could leave with after WW2).
All conjecture, but no one knows whats in store for us, let alone the world economies.
If Steve Leebs' forcast does happen Silverado doesn't even need to reach $1 for most here to be REAL HAPPY THEY STUCK AROUND !!!!! GLTA