The Day After The Dollar Crashes
The Day After The Dollar Crashes
The 9-minute video at the link below is well worth taking the time to watch. It has a rather sensationalistic title, but the scenario that it details is actually quite realistic. There is no doubt that the dollar is under pressure and has been for some time. What if that pressure turns into an outright crisis?
This video outlines one way in which that might happen and examines the chain reaction of events that it would touch off.
In this scenario there can be no doubt that the best protection would be tangible assets, especially gold investments. The best way to own gold would be in the form of rare gold coins because (i) rare gold coins have added profit potential due to their scarcity, (ii) rare gold coins have privacy advantages over bullion, (iii) rare gold coins have the safety and security of intrinsic value, something that ETFs and gold mining shares lack and (iv) rare gold coins fall outside existing provisions that permit the president to restrict private ownership of gold.