Posted by: chaurey May 27, 2011
1 Dollar= Rs 60 soon?
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ok say you buy load stack of gold and silver, given the scenario the value of dollar, due to inflation et al crashes, what would you then do about the gold silver reserve? what is the strategy? are you then talking about cashing in, again exchanging with the same currency which you are preaching about not using? how long should one hold on to these gold silver reserve? how does one measure the value given the scenario that the economy crashes, say at an apocalyptic scale? My point is what next?

GIven your prediction of global economic disaster, which is soon to come, would cause a domino effect in bringing down the civil society as we know it. In such situation I can guarantee that basic needs such as access to water, food, clothes, medicine, shelter precedes the value of gold, silver or any other precious metal reserve. Survival becomes an instinct.  

Last edited: 27-May-11 12:17 PM
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