Quote Originally Posted by HBARleatherneck View Post

Hollohas, what if instead of paying the mortgage down (as in maybe a third in cash now) would it be better to invest that cash in precious metals? then if hyperinflation came, you might be able to pay off the mortgage with the increased value of the precious metals?
I am by no means an expert, but I do think precious metals are a great way to protect your savings from inflation. 1 oz of gold now is somewhere around $1600. Maybe today that could pay a month or two of mortgage.

If you keep your 1600 dollars in the bank it will still be just $1600 after inflation and therefore wouldn't help you payoff your fixed mortgage any faster. In fact, if it was two months of mortgage before, it might only be one month after because you might need to spend the other part to cover the increases in food, etc.

But 1 oz of gold would very likely increase at the same or similar inflationary rate as the dollar so after a major inflationary event 1oz of gold could very well payoff many more months of that fixed mortgage and cover the increased food cost too.

However, gold/silver are somewhat volatile so most economists suggest you don't dump all your savings into them.

But that's simply my opinion so if you take this as advice it's worth exactly what you paid for it.