Godlike Productions - Discussion Forum
Users Online Now: 1,829 (Who's On?)Visitors Today: 518,053
Pageviews Today: 989,419Threads Today: 486Posts Today: 9,507
03:34 PM

Rate this Thread

Absolute BS Crap Reasonable Nice Amazing

The masses are generally wrong - as it pertains to PM's

Anonymous Coward
User ID: 1018748
United States
03/21/2013 10:44 AM
Report Abusive Post
Report Copyright Violation
The masses are generally wrong - as it pertains to PM's
...with all the talk about PM's being a safe haven, you will get your ass handed to you. In a collapse scenario, PM's will mean absolutely nothing. I really wish people would understand that.

So instead of taking your FRN's to invest in PM's that will never be solvent in a collapse, they should be taking their FRNs' and buying commods. Have FRN's on hand, because they will still be viable at the outset of a collapse, then it migrates to lead, trade, and after all is said and done (a long time later) and stability exists then a medium of exchange for wealth is used, ie PM's...

The only reason PM's worked in Weimar, and Zimbabwe is because the rest of the world is still producing something and they are receiving imports, either kosher or black market. If a global scenario takes place JiT shuts down...