When Trump and the White Hats have us transfer over to a “people’s economy” whether that’s gold backed or something else, what happens to our money? Our bank savings, our investments, even whatever cash savings we have on hand?
Would a lot of people be screwed over if they weren’t prepared like some other might have been by holding gold/silver? Their stocks, 401Ks, long term investment funds?
Would we file some sort of report of those lost savings and investments in the crash and get the equivalent amount in the new currency? Hand in all their now worthless fiat currency for the new gold backed currency? I’m sure the WH have some sort of financial safety net plan in place for the people right?
I don't think anyone knows for certain what is going to happen. I think the best bet is to cover all your bases equally. Get whatever important tools and material you need or expect to need for the foreseeable future. Having some currency on hand, some precious metals, defensive weapons, medical supplies, long term storage food, water filtration, etc. Eliminate as much debt as you can. Whatever happens, you can have some preparedness to rely on. This is one of those scenarios where putting all your eggs in one basket can be highly risky and the consequences for this bet could be life threatening. Prepare for the worst and hope for the best.