Originally posted by Silver Shadow
Originally posted by Sinter Klaas
I'm talking about a situation your money gets useless and do not have the power to get some place they accept your money and even if it is accepted then what ? Eventually it will all be gone.
Yes, there are situations where money is totally useless, such as being adrift in the Pacific Ocean in a small open boat with no food and no water.
And there are situations where paper money can lose it's "value" due to inflation or being declared worthless.
But gold and silver have stood the test of time as an honest store of value and medium of exchange.
And that is important.
The most important factor regardig precious metals, is that
Gold and silver keep governments honest.
