Below are good summaries of what the world is seeing and doing as the Dollar collapses as the world’s business currency. The BRIC countries are moving quickly to create their own currencies and using Gold, Silver, Bitcoin, and Oil/Gas to bolster their strength. The US dollar is certainly being dropped quickly. If you still haven’t moved your money into Gold, Silver, oil, gas, and maybe….. Bitcoin (I myself still twitch slightly at this idea), you may want to do so this week. Gold, silver, gas and oil are still going to be the best bets I think.
Anyway the US economy is about to finally stop the 2 year down hill roll, and go 90 degrees off a cliff soon. All the economic alarm bells are sounding so we shall see. Either way buckle up frens. Aug. and Sept. are going to be very hot. May God protect us all and give us strength to weather the Storm.
https://indianexpress.com/article/world/us-recession-alarm-wall-street-8044870/
Would there be advantage to pulling your cash out of the bank and hold in your own safe or do you think those bills will not be converted to the new financial system or dollar. The gold and silver has been really manipulated. Thoughts are appreciated.
Bluestripe $100 bills if you keep cash (something special about them, right side of front looks like gold coupon to me). Removing cash from bank hurts bank liquidity and accelerates their end. Credit Unions have higher probability of survival, imo.
I Recommend 3 months expenses in cash in a safe in case electronic systems go down for a while.
Thanks fren