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Reply to "Husband want to convert all savings into gold"
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[quote=Anonymous]There is never much trouble until the break happens then it happens quickly. There is no doubt there will be a currency crisis it’s just a matter of time when. The expansion of the money supply is now on autopilot and nobody wants a loss in confidence so it can be psychologically delayed but the writing on the wall is that the Fed cannot allow interest rates to rise under any circumstances because it will bankrupt the government and prick the massive bubble that has been purposely inflated. Physical Gold is about the safest in regard to actual money if the currency collapses. That’s why the government has Fort Knox in case they have to start over the currency with gold backing after a complete collapse and bankruptcy. But owning is could actually be dangerous in a desperate era. So many unpredictable scenarios would occur that probably the best currency is guns and ammunition. In a collapse , 12 gauge and 9 mm shells could easily be used as money. Tell him to pick up a box or 2 of ammo periodically but to invest in essential businesses with dividends.[/quote]
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