Just a thought I had, a lot of the sentiment out there is that we are about to repeat 2008 , and that a crash is imminent , and I believe this, except this time there is no federal bailout on this one. These hedge funds need to win or they go down, and the government can't bail them out because the government goes down with them. In normal circumstances, this would mean the FED would own everything (another bankruptcy, which we supposedly just got out of). Interestingly, didn't one bankruptcy happen around 1923, just four or five years after the last scamdemic? Seems to be their MO.
Now, if i remeber correctly, sometime back I read about an EO that Trump issued that changed the relationship between the fed and the US government that inextricably linked them together. (Correct me if im wrong, or if anybody has details or a link to the actual order, that would be appreciated). He basically made it so that if the US government goes down the fed goes down with it. Mutually assured destruction, and I think this is the only reason we haven't seen things collapse so far.
Now, we and they are in a fight for survival, if they win we will end up with the great reset; if they lose the fed goes down. If there's no fed, we need a new system of Finance. This could be the lead in to QFS, or going back to the gold standard. What ever is next, it certainly will be a Great Awakening. Before anything happens, the FED must go down, they are the final boss.
Ive been buying metals since 1985 or so when I started my business and my family. It was probably around 15 or 16 an oz then. I have kilos worth bought at 6 or 8 bucks an ounce during the later 90s maybe early 2000s.
I give silver rounds to the grandkids as Christmas, Birthday, Baptism, Easter and Halloween gifts. Whatever excuse I can find. Even the youngest has a couple pounds. And I passed my love of shiny metals onto my kids. They all have metals as a part of their portfolios.
Speaking of shiny metals have you ever seen palladium? Pretty metal.
Don’t buy high value metals as I never thought they would have a place in post-apocalyptic bartering. It’s 1 of 2 reasons I have heavily favored silver to gold. That, and I have long believed silver to be far more undervalued than gold due to its massive industrial value comparatively.
I’m a prepper first, investor 2nd ?