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/
Great post.
Think of silver as a way to preserve and protect your money during the imminent collapse of the Federal Reserve note. This event is likely to occur in the near future.
While holders of silver will likely experience a large increase in value over time, the primary goal is to remove your FR notes (dollars) from their fiat system and keep physical possession of your assets. It's God's money - not fake money.
When SHTF, it may not be possible to access your fiat assets (banks, credit cards, etc.) It may be difficult to purchase fuel, food and other essentials. Silver assures that you have a solid asset that can be bartered or used as money. I'm confident that I hold enough to weather the coming storm.
It's never too late to start stacking. On-line orders can take a couple of weeks but local coin shops are cash-and-carry to you can start stacking today.
It's not necessary to understand anything except weight: A beautiful one-ounce coin created by an artist melts to the same weight as a generic one-ounce coin. I don't care if it's pretty - I care about the weight.
Also, a Troy ounce weighs about 9.7% more than a regular ounce.
Lol if SHTF that bad, no one will want silver/gold. Bartering will be done with guns, ammo and food.
And fuel, initially. But also consider that silver will automatically become money as it gets used and people figure out how to do commerce with it. Looks at history. Every depression since 1750s, silver was used as defacto currency. This is why the U.S. gov't did a force switch from defacto silver standard to gold standard in 1871, then stole everyone's gold in 1933. They don't want you to have it because it threatens their control. Silver as currency is completely decentralized beyond gov't control, and no digital tracking is possible.
Interesting info. Thanks.
Although, in the upcoming crash, being that patriots are in control, I think it'll be a more of a controlled demolition.
Exactly how controlled is unknown. Boomers not gonna wake up (or concede) until retirement savings is -90%, imo.