Caterina
Sun Jul 21 2024
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5 answers
1134
How much will silver be worth if the dollar collapses?
The question begs for speculation on a hypothetical scenario: What would be the potential value of silver in the event of a dollar collapse? This is a complex matter that involves numerous variables, from economic theory to market psychology. Assuming a dollar collapse were to occur, we could reasonably expect a flight to safety among investors, seeking assets that are not directly tied to the faltering currency. Silver, as a precious metal with a long history of value retention, could see a significant increase in demand. However, predicting an exact value is impossible given the volatile nature of markets and the uncertainty surrounding the collapse's severity and duration. In summary, while silver's value would likely rise in a dollar collapse, the magnitude of that increase remains unknown.
BonsaiBeauty
Sun Jul 21 2024
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0 answers
0
What should you own if the dollar collapses?
As the questioner, I'd like to inquire: In the hypothetical scenario where the US dollar were to experience a significant collapse, what assets or investments should individuals consider owning to safeguard their financial well-being? Are cryptocurrencies a viable option? If so, which ones would be most suitable? Additionally, should investors diversify their portfolios with other assets such as gold, commodities, or real estate? What factors should be taken into account when making such decisions? And lastly, are there any risks associated with investing in alternative assets during a dollar collapse?
