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RE: China/Oil/Yuan/Gold/Bitcoin. You better pay attention!
Love holding some good precious metal stocks and other defensive stocks during times like these. Cryptos can be good too and commodities. Let's see how this plays out, 2018 looks like it will be an eventful year
You need to have PHYSICAL - as in, in your own two hot little hands. You think when people come calling on their stocks, which are oversold at a rate of about 200:1, that YOU are going to be that lucky one person who gets their money??? If it's in your stash, then you have no worries. People do not know how this is all going to play out. The government can just declare a national emergency and seize whatever assets they need to. People need to understand that "standing on the constitution" is only going to get you shot or arrested during a time of martial law. If your assets are in anything "paper" related, and not in your own possession, they are going to be at greater risk of being lost at some point.
I'm a firm believer that in the event of a collapse, gold will be just as worthless as paper. You can write on paper and people won't kill you for it. Guns, ammo and a useful trade is all you need to bring into the world you're describing.
So your a firm believer that something that has NEVER HAPPENED (gold worth zero) in over 3000 years will all of a sudden happen out of nowhere for no reason if paper money collapses? Over 700 fiat currency's have collapsed and gold never went to zero once, but this time its gonna be different? This is reckless logic in my opinion, i'll decide to error on the 3000 years of history.
I was kind-of thinking the same thing. Having a few gold coins on your person, in a tight spot, might actually save your life - assuming most people would rather barter/trade than kill you. Fiat will be good for tinder for starting fires and TP for your bungholio.