You are viewing a single comment's thread from:

RE: Greg Hunter Interview: John Rubino -- Currency Crisis, Debt, and Gold/Silver

in #money6 years ago

I highly doubt that people in Venezuela, that have gold coins, are going around now and buying farmlands, rental properties, etc.
Just make a research what happens during economic collapse. If you are a regular person with any valuables, sit tight, pray no one finds out about you.

Even if law and order is maintained, which in case of economic collapse it oesn't, government can set any tax it wants on your farmlands and rental properties.

Sort:  

Your perspective makes more practical sense for the regular person with any valuables.
I would also think that there are people taking advantage of the situation by accumulating land and other valuables to increase their holdings.

Have a great week!
Steem on,
Mike

Thank you so much for using our service! You were protected from up to 20% losses!

Earn passive income in SBD/STEEM by delegating to us! 100sp, 500SP, 1000SP, ANY SP

You just received 100.00% upvote from @onlyprofitbot courtesy of @etcmike!

Thank you so much for using our service! You were protected from up to 20% losses!

Earn passive income in SBD/STEEM by delegating to us! 100sp, 500SP, 1000SP, ANY SP

You just received 14.18% upvote from @onlyprofitbot courtesy of @etcmike!

USA is not Venezuela. I know plenty of people in the US buying lands to secure the future of a collapse.

There is a saying in the south USA. "Come and Take it" with a canon or gun next to it.
The flag or sign means to challenge anyone including the government to take their lands away.

Coin Marketplace

STEEM 0.21
TRX 0.26
JST 0.040
BTC 96627.81
ETH 3416.66
USDT 1.00
SBD 3.09