I am in the final stages of selling my other house for cash!
Now with the collapse in the financial markets, should I revoke the sale. Don't want to end up with a lot of FIAT currency before I can spend it on sound assets such as gold and silver.
Remember the story of you Uncle, I think, who bought a house just before the collapse of the Brazilian Real. He was fine, but the seller was left with next to nothing after the currency collapsed.
Hi @agrostis, I can understand why you'd be worried but on the other hand, if you try to cancel or revoke the transaction now you might not be able to sell it again anytime soon. A tough decision for you.
Many thanks for reply.
Yes, it is a tough difficult decision! Though I do have a reasonable amount of gold and silver.
Just don't want lose out.
All the best.