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8 replies
  1. Avatar
    veritasfiles says:

    What you are talking about is Counter-Party Risk…the very things that Gold & Silver don't have. I keep emergency cash and Gold & Silver for this very reason. I actually think it's awesome that you still get paper checks. I wish that were the case everywhere. I think the more techno we go, the more vulnerable and brittle we are becoming with regard to our money & financial system. I have no problem with banking or credit cards, so long as they're used the right way. But I think, for safety's sake, it's best be pretty minimalist in how much we rely on banks, banking, and the technological innovations that we think are all about convenience. Most of my money is in Gold & Silver or cash. I do have emergency money in the bank, but it's pretty much always under $10,000, and so the bulk of my money is money that I physically hold in one way or another. Interesting video!

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