Re: Micro-Investor's Guide to Buying Silver
The other side could be that the banks will close and reform a global system and a new currency may emerge and even if they say they will exchange your dollars for the new currency, your dollars may be only worth pennies on the dollar or amero compared to what it was worth a few weeks earlier. However, if you have a solid store of precious metals and the market evens out and things start to come back you can exchange your silver or gold for the new currency and no matter, generally speaking your silver will be worth the same as when you bought it. Relatively speaking that is. If you can buy 20 loaves of bread with an ounce of silver now when you exchange it for the new currency it should still buy just about the same amount of loaves of bread. hope that makes sense. Thanks for the thread this is good info
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