Debt to cause "Dramatic re-pricing"...Gold to $3000-3500 soon?
(www.kitco.com)
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"Many look at stacking as an investment...I look at it as freezing the buying power of my money to preserve some of the generational wealth..."
...which is my strategy exactly. No, it's NOT an "investment," as in, buy low and sell high. I stack physical silver (rounds, bars, ingots, and 90% pre-1964 silver coins) against the day that my dollars won't buy anything...or when it takes trillions of inflated dollars to buy a gallon of gas or a loaf or bread.
If that day ever comes, merchants will figure out damned quickly what amount of silver will buy what commodities. It may take a couple of weeks, but any business that wants to remain alive will figure out a barter system or die. That's why it's also good to have food, water, and ammo put back as well.
Yep...Spot on. Stacked plenty of brass and lead during the Obongo years...
Started with US coins, then moved to rounds and bars after I hit my number. I figured coins are going to have the best recognition by normies and merchants should the shtf and I have to resort to that.
I'm also digging the Valcambi snap offs for bartering higher value items should the need arise.
Not familiar with the "snap offs" but sounds like a good idea.
Re: https://www.silver.com/50-gram-valcambi-gold-combi-bars/
Thanks, I'll check them out.