Loading ...Simply follow it thru on your thesis: It’s complete Mad Max, imho. So, everything shuts down, no Banks open, no Atm’s working, brokerages shut, etc. You need gas to go shopping so you pay in cash or junk silver. The gas station accepts the cash and your station is re-supplied. Then what? The gasoline wholesaler has cash now but, can’t deposit it because all the banks are closed. The whole system under your scenario just dissolves. It’s every man for himself and its Mad Max time. The things that you suggest may indeed come to pass but, only in the relative short term till the fix is resolved.
Short note on our friend Joe Sixpack and Armstrong the wrong. Remember maybe that I asked Joe at what point would he give up his Armstrong Gold permabear cards ? I asked @ $1399, $1500, $18oo?? Joe responded that $Gold 1256 by the ending of Feb trading would do it. We are above that point now with only 2 trading days to go. Armstrong BTW, completely missed THE gold bottom in Dec 2015 and the higher gold Int low in 2016. Shameful.