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What happens to stocks after the dollar crash?

April 11, 2011 by  

Dear Bob,
A question that I’ve found difficult for finding an answer is this: What happens to stocks after the dollar crash, even stocks in precious metal? Are they 100 percent lost? Do they retain any value?

Thank You,
Anthony

Dear Anthony,

While companies that actually produce something of value—say mining companies, oil producing companies, etc.—may still have value as companies, if you were to cash out of your stock holdings you would be paid in fiat currency that has no value. So it’s the currency, and any holding that uses fiat currency as its basis—that would have no value.

Best Wishes,
Bob

Bob Livingston

founder of Personal Liberty Digest™, is an ultra-conservative American author and editor of The Bob Livingston Letter™, in circulation since 1969. Bob has devoted much of his life to research and the quest for truth on a variety of subjects. Bob specializes in health issues such as nutritional supplements and alternatives to drugs, as well as issues of privacy (both personal and financial), asset protection and the preservation of freedom.

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