I'm not giving out financial advice, but you do you. In MY personal opinion people who say things like "never sell for federal reserve notes" are retarded. If you can liquidate some silver at insanely high prices and snowball that into a real estate portfolio, buying some businesses or franchises, etc. Something physical that's NOT stocks, then in my humble opinion you'd be a fool to not take that opportunity. In this type of scenario, most assets will probably collapse in value (including real estate, and some heavily leveraged small/medium sized businesses), meaning if you can come in with a bag of cash, you can make off like a bandit since you don't have any debt but DO own the cash flowing asset, which WILL eventually recover. That's how people got rich during things like the great depression, 2008, etc. If they had some kind of money or got out early enough with a cash bag, they snowballed it into physical assets that were fire selling at rock bottom prices.
As you can see I'm in the minority here, but that's my two cents and it all depends on what you actually have access to on a case by case basis, so every single person's situation is gonna be different. Hence why I won't tell anyone to specifically do any one thing. For some people it'll make sense to sell at X point, others at Y point. Some people it won't make sense to sell at all.
No one knows the future for certain, so everyone needs to use their own judgement and pray to God for guidance on what to do. He's never led anyone astray or to the wrong path before. I don't see why a situation like this would be any different. If you trust him in you day to day, you can and SHOULD trust him in big decisions as well.
I'm not giving out financial advice, but you do you. In MY personal opinion people who say things like "never sell for federal reserve notes" are retarded. If you can liquidate some silver at insanely high prices and snowball that into a real estate portfolio, buying some businesses or franchises, etc. Something physical that's NOT stocks, then in my humble opinion you'd be a fool to not take that opportunity. In this type of scenario, most assets will probably collapse in value (including real estate, and some heavily leveraged small/medium sized businesses), meaning if you can come in with a bag of cash, you can make off like a bandit since you don't have any debt but DO own the cash flowing asset, which WILL eventually recover. That's how people got rich during things like the great depression, 2008, etc. If they had some kind of money or got out early enough with a cash bag, they snowballed it into physical assets that were fire selling at rock bottom prices.
As you can see I'm in the minority here, but that's my two cents and it all depends on what you actually have access to on a case by case basis, so every single person's situation is gonna be different. Hence why I won't tell anyone to specifically do any one thing. For some people it'll make sense to sell at X point, others at Y point. Some people it won't make sense to sell at all.
No one knows the future for certain, so everyone needs to use their own judgement and pray to God for guidance on what to do. He's never led anyone astray or to the wrong path before. I don't see why a situation like this would be any different. If you trust him in you day to day, you can and SHOULD trust him in big decisions as well.