Monetary Experiment Creating Mother Of All Crises: ‘Negative Rates Phenomenally Good for Gold and Silver’

It is the silver and gold lining of the dismal and imploding economy.
The longer that central banks force negative interest rates – and wipe out the value of savings, pensions, and insurance accounts by denying them return on investment – the more attractive gold and other commodities become as a safe haven for maintaining flexibility.
Moreover, the closer the system comes to unraveling altogether, gold and silver remain attractive as a means of holding onto money with ready, liquid exchange value.
If hyperinflation were to make the dollar virtually worthless overnight, or if cash controls were imposed to limit people to a paltry daily allowance from ATMs and prevent bank runs, physical commodities can still be used.

This post was published at shtfplan on September 2nd, 2016.