alt Hacker NewsWas thinking the same, but why would everyone be more interested in gold an silver in a couple of months than they are right now? Sure it beats holding dollars of stocks.
But, keeping both feet on the ground, I'm tempted to think that if the economy collapses I'd not be very interested in buying precious metals. I'd be looking for food, a roof to live under and safety.
You can invest in silver mining stocks, and be concerned about food at the same time. One is for long-term survival. The other is for short term survival. You can think of things like toilet paper and razors as bartering tools or actual new money, and the golden silver investments as objection of the current money you have right now.
My grandfather lives in a great depression in Manhattan. He told me some crazy stories, but you know what most people made it through. I think this time our system is more fragile, but I have no doubt that human survival is much stronger than me think as well as human socialism.
For instance, I am homeless living with schizoaffective disorder and I’m not worried so why should you be?