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Will there be a gap between a jump in precious metal prices and total SHTF?
10 December 2013, 22:34,
#2
RE: Will there be a gap between a jump in precious metal prices and total SHTF?
This is something I think greatly about. As BP always says "You can't eat gold." But for me, I like to increase value in relation to goods, then transfer one to the other, e.g. gold to goods. But goods can mean Houses, Food, etc.

It would all depend on the way that the financial system was collapsing as to the amount of time there was between the jump in price and the total collapse.

For me, I've set levels that once silver or gold hits my Sell Level, I'll be selling it out and either paying down debt, e.g. mortgage, or stocking up on assets, e.g. houses or preps.

If it all collapses and goes to crap, the houses would be pretty useless. But I foresee more like the Great Depression style event, but more extreme. I don't see a Mad Max style apocalypse style event happening.
Dissent is the highest form of Patriotism - Thomas Jefferson
Those who sacrifice freedom for security deserve neither - Benjamin Franklin
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RE: Will there be a gap between a jump in precious metal prices and total SHTF? - by Scythe13 - 10 December 2013, 22:34

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