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Originally posted by FallenFromTheTree
If paper money is essentially worthless, then shouldn't we be investing in tangable assets like gold and silver or certain minted coins?
I've read several articles saying that precious metals are not a good investment, why?
Is it safer to own a piece of the debt? I don't know.
What happens if the debtor defaults on the debt?
Should we play the government's game and drown ourselves in debt or do everything it takes to become debt free as soon as possible.
Originally posted by smirkley
Not that I may suggest this as the outcome, but the current situation appears that the USD is on the edge, and hanging by a toe-nail.
And this could also imply the monetary value shift, the wealth shift, and the power shift, into a completely new currency/country/pattern.