Investors Are Putting Their Money In Gold
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Everybody barking up the same tree about the gold, gold dont make jobs, spending on American made quality goods does. What good is it to be old and whealthy sitting on gold in a nation of unemployed loitering gangs, armed up to their teeth with cheap AK-47's. You want to trade your gold with them for vegetables? Think dont fear
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Gold has intrinsic value and is real money. Paper currency is backed by nothing more than the faith and credit of it's government. Gold had a value of $35 when the U.S. Got off the gold standard, today it is over $1100. When hyperinflation hits, you won't have enough cash to buy the same amount of goods you could before. Gold will preserve your purchasing power in today's dollar.
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yeah you can, it's just really hard to chew.
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at the end,...what is needed to save the U.S. Economy?....abolish the Fed.Reserve.
1 year ago 2
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we will never see a hyper inflated dollar..it will fail first....it wont last long enough to hyperinflate...
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I'm sorry, can you eat cash?
TheSharpenedPen 1 year ago 7
@cazyblood3 you can eat paper either, but one of the two will still have purchasing after the house of cards has fallen.
bunkermunk 1 year ago 4