[quote=partypup]
You can’t eat fiat paper either, but I bet you have tried to accumulate as much of that as possible in your life, haven’t you? 😉
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But I can accumulate resources that will make me more self sufficient. Owning my home outright (no mortgage) is my short term goal, having a garden put in for food – checked that box already. Looking at making my home and garden more self sufficient/efficient from an energy/water point of view… etc.
Whatever “currency” is the thing in the future – I want to use the least amount of it to maintain my quality of life. This will benefit me in the long haul if fiat currency remains or goes away. I’ll be less dependent on whatever the currency is if I reduce my “needs”.
I don’t pretend to be able to out think the VPP, TPTB, whoever. The system is rigged against the individual in favor of the larger powers like Goldman and Bernanke, et al. It’s like trying to win at slots in Vegas – the odds are against you.
I see the risks in Gold as similar to the Equity markets. Highly manipulated, behind the scenes. Almost impossible for the little guy to beat them at their game.
I don’t know that you’re any better off with a mattress full of cash or a mattress full of gold if the system changes radically. You’re betting on gold. I’m not betting at all.