As many topics before said, there is supposed to be an economic collapse in a near future. And I'd like to ask a few questions.
***
1. Do we know any exact dates or time frames of the collapse? When will it hit? How long will it last? When should it end?
***
2. Which countries will be affected (the most) by the collapse? Will it affect only certain areas, like USA (America), or the whole world?
***
3.1 What's the point of buying gold/silver ingots/coins and how exactly will those ingots/coins usable during/after the collapse goes away?
***
3.2 I understand that metals will protect one's wealth when the money will lose their value but I don't understand how someone will exchange metals for money once a new currency is established. Will you just walk to some new bank, put your metals on the table and they will exchange it for the new currency?
***
3.3 Also, if the collapse (theoretically) doesn't happen but you bought ingots/coins, where should you go to get your money back?
***
4. Should everyone (Americans, Europeans, Asians etc.), doesn't matter where they are located, exchanged at least some of their wealth for gold/silver to make a reserve so they wouldn't lose all/most of their wealth once the collapse hits?
***
5. How much wealth should be sufficient to exchange for metals? A few hundreds or thousands $/€/£/¥ or everything you currently can?
***
6. Should we also make some food/water reserves? Like buying products with a long expiration time so you don't have to worry about initial food problems when the collapse hits. I know it's probably not likely to stockpile enough food in your home/house that you won't have to worry about the food during the whole collapse but its still not a bad idea to create some food/water reserve, no?
***
7. I don't think that buying a gun/guns is a real necessity but it's not a bad idea to have one just in case, isn't it?
***
8. Is there any other information regarding the collapse I forgot to mention or ask?
***Write a message...
***
1. Do we know any exact dates or time frames of the collapse? When will it hit? How long will it last? When should it end?
***
2. Which countries will be affected (the most) by the collapse? Will it affect only certain areas, like USA (America), or the whole world?
***
3.1 What's the point of buying gold/silver ingots/coins and how exactly will those ingots/coins usable during/after the collapse goes away?
***
3.2 I understand that metals will protect one's wealth when the money will lose their value but I don't understand how someone will exchange metals for money once a new currency is established. Will you just walk to some new bank, put your metals on the table and they will exchange it for the new currency?
***
3.3 Also, if the collapse (theoretically) doesn't happen but you bought ingots/coins, where should you go to get your money back?
***
4. Should everyone (Americans, Europeans, Asians etc.), doesn't matter where they are located, exchanged at least some of their wealth for gold/silver to make a reserve so they wouldn't lose all/most of their wealth once the collapse hits?
***
5. How much wealth should be sufficient to exchange for metals? A few hundreds or thousands $/€/£/¥ or everything you currently can?
***
6. Should we also make some food/water reserves? Like buying products with a long expiration time so you don't have to worry about initial food problems when the collapse hits. I know it's probably not likely to stockpile enough food in your home/house that you won't have to worry about the food during the whole collapse but its still not a bad idea to create some food/water reserve, no?
***
7. I don't think that buying a gun/guns is a real necessity but it's not a bad idea to have one just in case, isn't it?
***
8. Is there any other information regarding the collapse I forgot to mention or ask?
***Write a message...
