Comment: I'm stacking on precious metals if only because of REAL monetary

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Cyril's picture

I'm stacking on precious metals if only because of REAL monetary

I'm stacking on precious metals if only because of REAL monetary properties - portability, scarcity, recognizable, divisible, non perishable, physically very stable (gold a little more than silver).

I don't care about speculation / how precious metals compare to fiat money Ponzi schemes... although I have no doubts the latter will fall and the former will recall everybody what (real) money is about. Whether we have a little of it or more. Just a safety net, on my end, of course. Family head here.

I agree with your point my post makes the strong assumption silver would still be relevant should solar panels need to be produced "en masse" - which isn't as much of a given any longer, as you seem more informed than I am, granted.

But regarding oil... we've been lied to for decades, although not quite how we'd have (maybe) expected.

I would bet that most if not all today's western countries' societies are going to have to reconsider their living standards and way of life pretty soon and pretty significantly. Hence the even more critical importance to return to sound money if only to stop today's absurdity while we are still "comfortable"...

Tomorrow, if we stick to TWO "unsustainable" / "unfixable" (energy + monetary mess over failing economies) simultaneously, across the board, that'd really be ONE TOO MANY I'm afraid.

And even more important... to restore liberty.

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius