Robert Gore Said That? 10/10/18

On Septemeber 30, at Murphy, North Carolina, I addressed the Appalachian Network PATCON, a gathering of very bright people on the cutting edge of preparation for the coming catastrophe. The topic was: “How to Survive an Economic Collapse.”

Advertisements

4 responses to “Robert Gore Said That? 10/10/18

  1. Excellent Robert.

    Like

  2. Robert, you said you prefer cash/currency to gold. So if you have a lifetime savings of a million dollars, you would be like Walter White and have a suitcase full of cash?

    At least gold keeps pace w/ inflation and will not burn in a house fire. Cash can also be invalidated by fiat (‘New Dollar’) Care to comment or ellaborate on your position?

    Thanks

    Like

    • Sorry it’s taken a few days to respond. I’ve been on the road.

      I think both gold and cash have a place in every stash. I don’t prefer one to the nother, but gold can be confiscated and I believe it also identifies those who try to use it as preppers. That doesn’t mean don’t have gold and silver, it just means be aware of the dangers. Paper money has dangers as well, primarily the danger of devaluation via inflation. It is as protection against this danger that one should have precious metals. In a deflationary environment, I believe cash will not only hold its value, but will increase in value as prices drop. Preparation is a matter of protecting one’s self against a variety of contingencies.

      Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.