Keyser Soze
Shooter
- Dec 29, 2010
- 678
- 16
I own some silver myself but more for investment purposes. It seems many people are buying silver and hanging on to it, worried the dollar may fail, hyper inflation ect. My question is this; if the dollar "fails" or if we get into hyper inflation what good will silver be? Yes you bought 100oz for $26 and once and its now worth $3432 an once, but now a can of coke cost $9.00. If silver directly reflected the worth of a dollar is it even worth stocking up on if the dollar fails? Wouldn't a foreign currency be a better choice?
If our economy completely falls out would you be able to purchase goods with silver? Can you feed a family with silver? IMO total failure of the dollar bartering skilled labor or goods will rule.
If our economy completely falls out would you be able to purchase goods with silver? Can you feed a family with silver? IMO total failure of the dollar bartering skilled labor or goods will rule.
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