When the elderly man Walter Samaszko Jr. died in his home, the police discovered about 7 million dollars worth of gold in his garage. When he died, he only had 200 dollars in his bank account. These days many people fear the collapse of the U. S. dollar, and they stash valuable precious metals such as gold, silver, and platinum. Gold is currently $1,767 dollars per ounce. I have always wondered, if the economy significantly improves, will gold prices go down again? Or if there was like a total economic collapse, how exactly would gold be used as currency?
http://screen.yahoo.com/7-million-worth-of-gold-found-in-deceased-man-s-home-30632855.html
It is smart to start researching what has the potential to be the next "currency" placeholder. As our economies struggle we all should begin searching for the next best way to live our lives.
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