currency crisis is common is almost every currency at some point. We have a giant welfare state and aren't that productive. plus, it is common knowledge that our country runs big deficits. All of that make money printing attractive.
I'm betting on gold and silver. I believe what is happening in turkey and lebanon will happen in Canada within 10 years.
You can't eat your cash either. You get paid from your job but you can't eat the money. I guess that makes your money useless, right?
Wait for housing to pop / vaxtards to die and buy dirt cheap real estate
how naive do you have to be to think that if societies full of billions of people suddenly collapse you're going to be able to walk into some mom and pop grocery shop and buy provisions with a sprinkle of gold dust?
if things ever completely collapse and you're not 90 miles deep innawoods anyone who isn't part of a clan will be looted and murdered. the only currency that matters is ammunition and numbers
PM anons, I have a stupid question. I've just started a meager stack of silver and gold. I know about coin tubes and capsules, but what kind of container/box do you use to store your stash? I'd like a cool chest or something, but right now it's just sitting in a beat up old cardboard box. What is a kino way to store this shit?
>>try selling what you've got and see how much of a hit you take
my man, you do not have any clue what's coming economically do you? when shtf for real, you'll see.
you sell gold to gold dealers. I know you got an American education but give your head a shake. Gold and silver are not legal tender anymore.
canuck, you should really pay attention to more than maple syrup and trucks for a minute.
I use wooden cigar boxes, theyre like mini chests
Fool. Lebanon is rekt because of continuous infighting between religious and political factions internally, and Turkey has an economy that is in the shitter as well as being manhandled by different political external factions (i.e. Russia vs. EU). Canada is...overpopulated by old people. Your fears are stupid. As I said, if you were in another country (I'd say having gold in ANY South American country, any Afrikan country, and any middle-eastern country) then there would be justification.
But what you have to remember is that previous metals are only useful if you survive the inflation and sell when the currency goes back to normal, assuming the govt doesn't confiscate it first. That takes years to decades, and eventually you'll have to sell to live (if the situation was that dire). What people in Vene. who had gold did was buy tickets out of there as soon as possible and move to neighboring countries with their gold. So, if Canada collapses, you can trudge across the border to USA with your gold, or sail to England.
No shit sherlock. Is this your first time talking ecomonics?