I'm gonna try to make this short and sweet, because I'm willing to admit I haven't thought enough about it yet.
Confession: I haven't invested in Crypto or Gold/Silver.
A part of me thinks that crypto (Bitcoin and Doge, at least) is a last-ditch money laundering facet to get around the QFS. The Cabal very well may have set it up as a get-out-of-jail (financial jail, not physical) free card.
They can manipulate the prices, drain it low, and then jack it up again with public figures like Elon Musk (still not sure if he is a good guy, I heard he let an AI take his body over, but that sounds stupid). The market is too volatile while simultaneously manipulatable towards the statements of a savvy few.
Gold is safer, but one of the longest held fears people have had about it is that if it is made the standard on which the US dollar is based, would that mean gold can continue to be traded as loosely as it has been? Will there be regulations on sale put in place to avoid outside entities tinkering with the value of the US dollar or by doing something out of Goldfinger, like trying to irradiate Fort Knox and create a time-sensitive gold shortage?
Finally, Trump has to know that he can't allow the average American, who has no gold or crypto, to be victim to the US dollar losing all value -- which would trash savings accounts, and leave all the true wealth in the hands of those with crypto and gold (most of which are probably the Cabal).
No, I'm thinking there has to be a contingency plan for the average guy who knows nothing of this. That's why I'm just saving up for right now. I'm not in debt as I can easily pay off my school loans while retaining 80% of the money in my current bank account.
Is the US dollar safe? Are people with crypto and gold the only ones who are gonna be able to make a living? Are Bitcoin and Doge poisoned wells in an otherwise sound premise for a modern form of legal tender? Are bank accounts safe from Chinese hacks draining entire accounts?
What do you guys think?
I own Silver, and Crypto. If SHTF, and there is 1 last boat leaving, how do you get your family on it? Silver/Gold/Crypto is that answer.
In a situation where the dollar collapses, how do you care for your family? Unless you live in Rural area and you are a farmer and ex navy seal, you need something other people don't have.
Absolutely. Also, if anyone watches the Kim Clement prophecies, he talks about God using Bill Gates to create a new currency. There is another post on here about Trump's new social platform being on the blockchain. I think many people fail to realize is that crypto is how these new techologies fundraise. It's not about crypto per se, but the projects behind it. How do you crush the central bank? You give an alternative. How do you create a platform that can't be shut down? Same way, you decentralize it all. (My $0.02 anyway).
This pandemic's lesson is decentralize everything. Corporate stores instead of mom and pop stores means a central corporate decision is made on how you acquire goods. Same with Grocers and more
Unless the bankers and cabal are buying up the bulk of the cryptos at .02 cents as well.
I have been stocking up on stuff that I can barter. Booze, Bullets, OTC medications.
I dunno I have opinion that it was invented or started by the good guys at NSA to fuck up the fed who is controlled by the cabal. As Bitcoin keeps going up people can easily tell something is up with the currency dollar that is being trashed. As fed and other financials had figured out how to manipulate gold and silver through paper vehicles, the good guys came up with something the cabal has has a hard time with. The cabal may have figured out how to manipulate it but now it’s like a gun the the good guy had and now good guy and bad guy are fighting over. The one that wrests final control can fire the gun.
If I do decide to buy silver, where can I get it. I want to makes sure I don't wind up buying speculation/paper stocks.
I'd like to buy physical silver that actually gets mailed out to me so I have access to it if networks go down
I have used Monex over past years and they worked out well for me. However there are lots of reputable dealers out there. https://www.monex.com/
Also if you want to join a group that is all about Silver this is a good one to join and learn from: https://www.reddit.com/r/Wallstreetsilver/
Good luck and happy stacking.
+1 on Monex. I can confirm. Low premium, good customer service, fast ship times and they can get metals when everywhere else runs dry.
Check your local coin shops, I bought silver at one and paid 2 dollars over spot
I've been 100% satisfied with APMEX and have another stack expansion on the way.
Buy now. It's still on sale but not for much longer. I suggest the cheapest 1 ounce rounds.
PSLV on the stock market if you don't need to hold it in your hands. Every three shares is an ounce in audited vaults.
Isnt noblegold supposed to be a good one? Noblegoldinvestments.com
You have heard the phrase "don't put your eggs in one basket." having some wealth in dollars is fine but in my OPINION ( I can't tell you what to do. no financial advice given) this is asking for trouble. If what we know to be happening brings down the CB systems the USD could go the way of the ZD. I don't know this for sure. Some believe that the Patriots in control are going to, or have, set up a quantum financial system and that your dollar will exchange 1-1. I personally am not putting that much faith in this theory (this is theory as no one has produced evidence that this is the plan, if such evidence exists please present). Therefore, it is my opinion that divesting from the dollar into multiple alternative store of wealth vehicles is one of, if not the best option to protecting my future financial wellbeing.
There is a crypto that is priced to gold standard. Claims they have the gold in a vault.
My advice would be to buy the physical gold then - no trust needed, and gold doesn’t take much room to store.
Also some silver. Silver for every day purchases. Gold for large purchase like buying a car or house or a boat.
“Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants – but debt is the money of slaves.” Norm Franz
Only thing I'd add to that is gram/fractional ounce gold bars and coins like the 1920s 20-Franc.
Those small gold coins carry as much value as a 10oz silver bar, and the Valcambi bars can be "snapped off" in 1/10th ounce bits. Lately, they've come with higher availability and marginally lower premiums than their equivalent in silver.
I dont think BTC or doge will be valid currencies after a crash. It would end up being the biggest wealth transfer to the elite in the history of the known world.
Let's think this through.
Who owns all the BTC and doge? If a crash happens and everyone in the country jumps in who benefits? Those who own all the BTC and doge right. They bought it all at the bottom. They own it all. Their million dollar investments just became trillions as the market cap jumps. The 3% who holds 99% of all the btc/doge now control the economy. Everyone else is a slave.
Its anonymous and you would never know who was controlling things at that point. Soros sends 10 billion in Doge to extremists in Texas to fund a takeover? You would see a ledger exchange but not know who did it, who recieved it or what it was for.
Freedom dies in the darkness.
Gold/Silver? The same could be said to an extent as wealth would be handed to those who have all the gold and silver however these metals are more dispersed throughout the world under different types of government and even organizations. Moat people have a little jewelry. Some people have coins or bullion. While others my have sterling trinkets, pots or silverware. This makes precious metals more evenly dispersed and the variety of large holders provides more options for safe havens .futher it is more traceable in bulk. You cant transfer 2 tons of gold to an entity like you could a billion BTC or doge.
Lastly think of who really started cryptos. What were they used for? Who had the bulk of them.for transactions? Silk Road anyone? Dark net human trafficking? How much wealthier are those animals today because speculators bought the idea that an anonymous digital currency, used to buy kidnapped and trafficked children, was.the next great thing?
Bitcoin and doge are old news. If you're going to invest in crypto, don't do those.
Doge and Etherium are about to merge. Why not Doge?
I think you brought up some very good points about the actual, real life difficulty of transitioning away from the USD and into gold backed or crypto currencies. It's a hugely complex topic, one which dwarfs the actual DS Satanic Web as a mystery. It is literally the basis of Man's entire civilization, production, services, infrastructure, gah! I'll stop listing facets as money is the Indra's Web of functioning society. That said, it's also the root of all evil.
I had at one point a strong background in the subject, but these days I willfully ignore the topic as I know enough to know I know very little. I'm not proud of that, but it's the truth.
I will say a couple transient thoughts I have while writing this:
The only, as is, solution I can think of (well, the "easiest") would be a totalitarian, world wide seizure of all industry by the military as they recalibrate the global economy. But regardless of who's in charge of it, I view that as a nightmare.
Depopulation (or some FANTASTIC, Otherworldly technology if revealed that changes the entire concept of supply and demand as we know it) wouldn't necessarily be such a bad thing.
The idea of redistribution of seized assets to the Everyman, coupled with VERY well thought out systemic checks and balances on financial instruments and operations might smooth the curve.
If one thinks about it, Communism is theoretically the answer. But unfortunately, Man is flawed and greedy and seeks power over others. Money might always be a problem here on Earth.
As far as the more nuts and bolts parts of your question: One of the first and most important ideas one learns in Finance is "diversification". It'll probably hold true regardless of how this all shakes out. That said, not personally sold on crypto. It reeks of fuckery to me, always has. On the flip side, willful ignorance, etc.
Please research ABX and Kinesis. Not hawking it, just do your own research and see what you think.
Ag and Au storage, plus their own crypto based on actual serialized good delivery bars, with an exchange to other cryptos, DeFi (offline peer-to-peer payments, like a barter system) and even a VISA card to connect with the fiat world when needed.
Disclaimer: I hold gold, silver and crypto in physcial and fully-backed, ETF-traded forms, but keep only a little fiat in bank accounts. I smell what you're cooking.
Q said Gold will destroy the fed.