Invest in Silver, but have a patient outlook...
(Louisville, KY USA)
There is no rational argument against investing i precious metals (beginning with silver) as a defensive act. However, something that is seldom mentioned is that all who endorse purchasing precious metals should plan carefully so that they also hold adequate cash/other liquid assets to avoid having to sell their metals at an inopportune time. This is especially important as the institutions desperate to extend the viability of fiat currencies (& simultaneously destroying them) remain powerful. The institutions begin with the Federal Reserve and then their counterparts of other countries and the various major banks. Their is no way to predict how long the fiat currencies can perpetuate the current "system" with so much global collusion. So, purchase metals, but keep a healthy emergency cash balance too until the inevitable occurs.
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