Purty much 100% you got it!On Nov. 30, the North Korean government revalued the country's currency, the won, and imposed restrictions on the quantity of old bills that people could convert for the new ones.
So... hoarding cash was a bad idea? Am I understanding this part correctly? (nervously fiddles my thumbs)
Silver makes more sense than gold for the simple reason of it being more liquid. One ounce of gold is worth an awful lot. It'd be like walking around with nothing but $1,000 dollar bills right now. Though cool, it's not very liquid when you need to pay for $5 for a hamburger.Must. Hoard. Gold. And silver too!