matt bracken prefers junk silver to gold;
Personally, I disagree with most analysts, because I foresee a period after a fiat currency system collapse when the government will not be able to swoop in and immediately install some kind of a workable replacement CBDR or Stablecoin system that satisfies all monetary functions. For some period, and this could last for weeks or years, supply chains will break down and many of our cities will probably burn, after all the stores are looted to bare shelves and never restocked.
During the interregnum between fiat collapsing, and a new and currently unknown system coming into being, barter and precious metals will be all that’s left. Obviously, factories, agribusinesses and supply chains will not be able to restart on a PM basis, so it’s going to be a very tough period. Governments can declare an emergency and order businesses to continue as before, but history shows that rule by decree will not work. During this period, PMs will be a key to survival until a new financial system is established and takes hold. That is, PMs, along with barter, and already living in a secure location with a reliable water supply and so on........more..........
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