Precious Metals Are “Best Defence” Against Bail-ins In Economic Crisis

Precious metals are “real assets” and “best defence” against bail-ins and cashless society in the economic crisis which is “on its way”

The risks posed to investors and savers from the coming economic crisis and the threat of bank bail-ins, negative interest rates, ‘helicopter money,’ capital controls and the “cashless society” has been looked at in an excellent and timely article by economist John Adams, writing in the Daily Telegraph.

While the article is focused on how these risks threaten Australia and Australian investors and savers, the risks outlined are ones which threaten even those with modest amounts of wealth and all exposed to the western financial system.