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Originally posted by FlyingSpaghettiMonsterView Post
That's the argument for gold; I haven't really seen it for cash. If the banks (and government) actually were to collapse, cash would likely be worthless as well.
SFP: I know there are people that don't trust banks, but I was really asking about a financial adviser (or the like) recommending something like this.
Obviously $100k seems crazy to keep on hand unless...
I know but I never trusted William Devane either...I really doubt financial advisors are suggesting this...
If there is a total collapse of the dollar we will have much bigger things to worry about. Also gold will be worthless as well. I doubt if all hell breaks out that anyone will be selling things that will maintain them and their family for gold. in other words, I'm not trading a my food source (a cow) for any amount of gold.
"Educate and inform the whole mass of the people...they are the only sure reliance for the preservation of our liberty."
??” Thomas Jefferson
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..I really doubt financial advisors are suggesting this...
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