- Sep 12, 2017
Its strange the amount of people I have met who invested in precious metals believing that and then actively started looking forward to a collapse happening and then doing one thing or another which they thought would bring it about.
I think its nonsense, what you would want during a collapse, which would not be a good thing and have unpredictable consequences to say the least, is to be some sort of prepper who had either tangible assets, ie cars, supplies, fuel.
PMs are merely a hedge against inflation, not an investment. Your friends do sound like they are invested in a collapse. I don't want chaos. I prefer order as it affords me more time to hedge.
Like I said, I don't think (hope we're not) headed towards a full Mad Max future. It'll be more like the Wild West.