You are viewing a single comment's thread from:
RE: Greg Hunter Interview: Bill Holter -- "You Will Count Your Wealth in Ounces"
if gold and silver disappear from the market, can make sure all the world's currency is destroyed. because gold is the only collateral guarantee instrument for the currency in each country.
I don't agree because world money is fiat, it is backed up by the good faith and earning potential of the the country it is issue from. I don't think our money is backed by gold or silver. See the Glass Steagall act. This is way (I think) gold, silver and tangibles are what you should be storing wealth in. I'm still on the fence when it come to cryptos. Understand this is only my opinion and you should rely on your own research.