Don’t Get Cold Feet: When the Economy Tanks, the Value of Gold May Briefly Plummet

Friday, April 28, 2017
By Paul Martin

Daniel Lang
April 28th, 2017
SHTFplan.com

You’ve probably heard the following advice a thousand times already: Precious metals are safe haven assets. When a financial system crumbles, everyone moves their money out of the stock market, or any other risky asset, and they buy gold. Since our financial system is burdened with so much debt and is teaming with bubbles, its collapse is all but inevitable. So you should buy gold now while it’s still relatively cheap.

Despite my tone, I assure you that what I’ve said is still sound advice. However, there’s a small detail about safe haven assets like gold that most people forget. Sometimes, when the economy takes a nosedive, it takes gold down with it. Take a look at what happened to gold during the last financial crisis.

The Rest…HERE

Leave a Reply

Join the revolution in 2018. Revolution Radio is 100% volunteer ran. Any contributions are greatly appreciated. God bless!

Follow us on Twitter