If you've got steady, reliable access to a computer...its 50/50 at this point.
If the power's out? Gold. But if gold goes to $50,000 or even higher, as some have projected...where are you gonna get change when you just need a can of coffee and a loaf of bread to get you through the weekend?
My preference has been SILVER for quite some time now. The fact that it comes out of the ground at about 9:1 against gold, but it's currently selling for close to 70:1 means that if we JUST restored the selling price to the natural ratio, we're talking about a >600% return purely by price normalization.
Looked at from a value standpoint, the few people in Canada who listened to me over the last few years didn't already lose 33% of the value of the fiat debt notes (or zeroes and ones) that they converted into silver over the last few years. This year alone, they've gained another ~30%, not including numismatic potential on some items.
PS: Check into Scottsdale's 5oz King Tut. And do it SOON! Those ones are going to be gone amazingly fast!!!
If power (or Internet) go out, nothing would work. No government, no banks, no nothing.
I don't think the "powers that should not be" will shut it down just like that, as it will kill them also.
Gold can be taxed, confiscated, stolen, and has a big defect: it needs paper substitutes and custodians to move and store.
I'd rather have my crypto ;)
If you've got steady, reliable access to a computer...its 50/50 at this point.
If the power's out? Gold. But if gold goes to $50,000 or even higher, as some have projected...where are you gonna get change when you just need a can of coffee and a loaf of bread to get you through the weekend?
My preference has been SILVER for quite some time now. The fact that it comes out of the ground at about 9:1 against gold, but it's currently selling for close to 70:1 means that if we JUST restored the selling price to the natural ratio, we're talking about a >600% return purely by price normalization.
Looked at from a value standpoint, the few people in Canada who listened to me over the last few years didn't already lose 33% of the value of the fiat debt notes (or zeroes and ones) that they converted into silver over the last few years. This year alone, they've gained another ~30%, not including numismatic potential on some items.
PS: Check into Scottsdale's 5oz King Tut. And do it SOON! Those ones are going to be gone amazingly fast!!!
If power (or Internet) go out, nothing would work. No government, no banks, no nothing.
I don't think the "powers that should not be" will shut it down just like that, as it will kill them also.
Gold can be taxed, confiscated, stolen, and has a big defect: it needs paper substitutes and custodians to move and store.
I'd rather have my crypto ;)