>>12071178>What good are precious metals after a full economic collapse>Why would it magically retain its value instead of just becoming a shiny rockIt's not the goods and services that will collapse, it's the dollar and other fiat currencies. If you are holding dollars you will get wiped out; that's it. The productive nations like Russia and China will simply return to a gold or silver standard and that will be that. They still have all the manufacturing and infrastructure to be prosperous. Only America and the West will suffer, nations with colossal debts, little gold, and enormous trade-deficits. We shall no longer be able to print money any more to buy things which we never laboured for.
"In Germany and Austria in 1922-23, country estates and residential properties could be acquired for very small amounts of gold — only five ounces bought a six-bedroom house in a fashionable street in Berlin." (Reported in Stefan Zwieg’s contemporary autobiography, The World of Yesterday.)
