Current speculation is Gold hitting 20k an ounce if the dollar collapses.
I dont know how long they can artificially keep the system up, but even if gold stagnates due to Uganda mines flooding the market, gold will at the very least be a sold way to protect savings.
Current speculation is Gold hitting 20k an ounce if the dollar collapses.
I dont know how long they can artificially keep the system up, but even if gold stagnates due to Uganda mines flooding the market, gold will at the very least be a sold way to protect savings.
When the dollar collapses the "price" of Gold will be irrelevant. Things will be priced in Gold and Silver again. https://financialpost.com/news/economy/in-venezuela-people-break-off-flakes-of-gold-to-pay-for-meals-and-haircuts
When gold hits 20K an ounce will you trade an ounce for 20 worthless paper?
No, the point is not holding the worthless paper now. Convert to gold. When it flipps you have the gold, not the worthless paper.
I will hang on to my worthless silver.
Solver works too. Just the idea is dont let fiat sit in the bank. Secure the value with gold or silver.
Copper and aluminum should see a run as well in the next few years.