If and when global economic Armageddon unfolds, driving fiat currencies lower and precious metals to uncharted higher levels, governments will intervene to protect their currencies by making metal ownership burdensome, perhaps even criminal. At the very least, we can expect more vigilant tracking of purchases and sales, higher taxes and possibly confiscation.
There will, however, come a time to sell the shiny metal, when relative to other asset classes, it is overpriced. I believe that this decade we shall see a bubble in metals, with prices dwarfing today's "record" levels. What then?
While it may be difficult to recommend alternative investment classes prior to the assets being discounted, have any of you a defined plan for investing metal profits after selling at much higher levels? Thank you.