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SILVER INSTITUTE report
There appears to be no correlation between the price of silver and above-ground stocks: ...
Best guess would be it would choke commerce, create bottle necks, and prices would fluctuate wildly. The dollar would simply be replaced by one of the big 8, like for instance the euro or pound Stirling. But theres little chance that happening. But between them the euro and the USD hold about 80% of foreign exchange reserves with the USD at 60% so I'd say theres little chance of anything changing.Now imagine the Dollar is the new Lira.... and the whole world is using it.... AND there is no reserve dollar now. What happens now?
Thats why I dont like holding a lot of it. I just keep an emergency fund but I try to put everything else into investments. And gold and silver are sound investments. Gold is gold and always will be gold and silver just has to many uses to crash while were in our what ? 5'th year of using more then were mining ? Best of all you hold something in your hand that has weight to the value.ALL currencies are in the same boat. Going, going... gone. There is no chance in hell that if the dollar dies the Euro is going to step in, sorry.
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