GOLD 0.51% $1,391.7 gold futures

I agree with your advice with the only proviso being the holding...

  1. 2,730 Posts.
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    I agree with your advice with the only proviso being the holding of G & S miners.
    I expect that they will generally mirror or exceed the elevated values of the precious metals, but bear in mind that to realise the profits (assuming the stock markets are allowed to operate) the proceeds of stocks sales must pass through the broker account and your bank account. You may have to delay the sale of shares for an indeterminate period while the reset runs its course. I take nothing for granted. These could well be subject to bail-in. You could end up with a handful of bank iou's instead of cash.
    Gold and silver "in the hand" obviates these risks.
    Given all the counterparty risks associated with "paper wealth", in the next financial crash I believe there will be plenty of willing gold and silver buyers around, and demand will probably greatly outstrip supply in the private market.
    23.
 
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