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RE: The Mystery of Unbacked Fiat Currency: How Does It Maintain Its Value?

in LeoFinancelast year

You will hold gold and silver in precaution for a financial collapse. But at that moment the escenario will be:

  • You sell gold and silver for the Fiat currency at the moment.
  • Nobody wants gold and silver, people will prefer food and primarly products.
  • Bitcoin (or another cryptocurrency) will be the standar.

Is better adquire agriculture and productive lands. That way you always keep the capacity of produce food and primarly products that all people wants in a crisis.

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Whilst i dont disagree with you. As a silver stacker and part time prepper, the drive and dedication required for collecting precious metals, has also lead me to stock my kitchen/pantry with a decent supply of food(years). Have a functional garden that supports and subsidises my family through the growing seasons. Have a system of barter(crypto) outside of the control of the central banks.

Collecting precious metals is just one part of being ready and preparing for what i belive is the inevitable collapse of a giant, "rigged", ponzy scheme designed to keep the masses subservient and complicit