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How would gold be used if the dollar collapses?


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In a situation where the dollar collapses and we have hyper inflation, how would gold be used?   Would you sell an ounce of gold for $10k one month, and quickly buy what you need, then sell another ounce for $50k the next month to buy the same things?  Would people and businesses accept gold in payment?   Would silver be just as good as gold?    Eager to hear your thoughts!  

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Best ask a Venezuelan - I am not being facetious!

I think people would accept gold, silver or any other tangible asset - far preferable to paper if it is devaluing daily....

Best

Dicker

 

Not my circus, not my monkeys

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