Replies to post #6887 on All Star Economic News

[mmayr]

Al, how do you carry enough of those coins? And how are you going to value it if the dollar tanks? What is an ounce of silver going to be valued in?

We keep getting mixed signals. If the dollar fails, than what do we value silver or gold in? Will we still call it a dollar? A dollars worth of silver? Or will we start valuing things based on the weight of silver and/or gold?

I guess what we need to focus on first (since I don't foresee the dollar failing before the financial systems) is how to survive this mess we have gotten ourselves into. We need a way out, and we need it fast. I'll review what the G-7 posted. Unfortunately, I don't think they can agree on anything. That means. . .stay out of equities. We're going down.

Peace,