When the dollar is worth nothing what will gold and silver be worth? I venture lots and lots. When this happens I will toss 9-10 gold pieces and a handful of silver eagles into my pocket and go down to bank and pay off my $300k debt with $10,000 worth of coins in today’s market
No it won't work like that unless you time it right. Right before the claps you need to trade in your gold and pay off the mortgage. Like in 2008 it will just happen one day.
The banks will be going under and won't accept payment for a breif period of time. The banks and government will basically force you into trading in your mortgage for their debt elimination program or you will have to pay them. Probably pay them in the new world currency set at a new evaluation they give your mortgage. It won't be a pretty time for riots and such.
When the dollar is worth nothing what will gold and silver be worth? I venture lots and lots. When this happens I will toss 9-10 gold pieces and a handful of silver eagles into my pocket and go down to bank and pay off my $300k debt with $10,000 worth of coins in today’s market
LOLOLOLOLOLOLOLOLOLOL
No it won't work like that unless you time it right. Right before the claps you need to trade in your gold and pay off the mortgage. Like in 2008 it will just happen one day.
The banks will be going under and won't accept payment for a breif period of time. The banks and government will basically force you into trading in your mortgage for their debt elimination program or you will have to pay them. Probably pay them in the new world currency set at a new evaluation they give your mortgage. It won't be a pretty time for riots and such.