What do people in China / India / Russia etc do with their retirement? What countries are raising retirement age? How will monetary junky’s be impacted by demographic cliffs?
Basically the global monetary system is never ever going to see money become more robust.
Do the math.
Silver / metal are finite. They can’t debase physical wealth.
I invested in metal and inside of 15 years got a %700 interest payback.
The math is simple. Any country that has a monetary unit and can’t spend less than they make annually is going to debase their money.
Therefore if you save $1 you have to make 3% kn that dollar annually just to keep the value.
Inflation is rising now and projected for 2021 at %6 to even %9 in the US.
Most people will then see a %3 debasement.
You are literally best off ridding yourself of the USD and entrenching in any method of monetary existence that makes ~%5 a year.
With Evergrande many investors had investment accounts and expected a annual 15% - looking like that all defaulted. %30 of Chinese investment houses and their actual National GDP was based in real estate speculation. This literally means 2008 Lehman was never ever fixed and the world
Instead moved to making sure “China asshoe” and the CCP FULL TARDS the same problems into the global contagion.
With covid and all? You can play the casino side - my monetary plan is to not loose value. I’ve watched the crypto folks who thought crypto was safe now loose their shirts and more.
I am in Texas and quite literally you can buy bullion now with no state tax. On that premise alone I save 8% on purchase, physically hold, and Scrooge McDuck
Penalties are waived because of COVID.
You can grab that money and layer it on your annual earnings and only pay the additional 2021 taxes.
CARES:
Edit: nevermind it expired in 2020 q4
https://www.nerdwallet.com/article/investing/cashing-out-401k-covid-19
The one thing I will Day is read the tailwinds.
What do people in China / India / Russia etc do with their retirement? What countries are raising retirement age? How will monetary junky’s be impacted by demographic cliffs?
Basically the global monetary system is never ever going to see money become more robust.
Do the math.
Silver / metal are finite. They can’t debase physical wealth.
I invested in metal and inside of 15 years got a %700 interest payback.
The math is simple. Any country that has a monetary unit and can’t spend less than they make annually is going to debase their money.
Therefore if you save $1 you have to make 3% kn that dollar annually just to keep the value.
Inflation is rising now and projected for 2021 at %6 to even %9 in the US.
Most people will then see a %3 debasement.
You are literally best off ridding yourself of the USD and entrenching in any method of monetary existence that makes ~%5 a year.
With Evergrande many investors had investment accounts and expected a annual 15% - looking like that all defaulted. %30 of Chinese investment houses and their actual National GDP was based in real estate speculation. This literally means 2008 Lehman was never ever fixed and the world Instead moved to making sure “China asshoe” and the CCP FULL TARDS the same problems into the global contagion.
With covid and all? You can play the casino side - my monetary plan is to not loose value. I’ve watched the crypto folks who thought crypto was safe now loose their shirts and more.
My boys stacking gold etc are sound. As always
https://files.catbox.moe/8vj48r.png
I am in Texas and quite literally you can buy bullion now with no state tax. On that premise alone I save 8% on purchase, physically hold, and Scrooge McDuck