Here is Cliff High explaining what will happen with our upcoming currency collapse.
https://www.bitchute.com/video/9oYMqZN8gEwF/
I disagree with him on a couple points. He seems to think economic recovery afterwards could take as long as 8 years, I highly disagree. I think he is basing his opinion on previous recoveries of countries that have went through a currency collapse.
He also sees the upcoming collapse as part of the great reset by the globalists (WEF) and this is wrong also. The currency collapse has been predicted as part of the Q plan for several years. How do you kill the globalists? You kill their income, you kill the Federal Reserve
Most currencies collapse when the debt to GDP ratio gets near 100%. The dollar is currently greater than 100% but it is the world currency, so it has more stability than all other currencies. Biden has spent $7 Trillion since he has been in office. This spending decreases our currency value and creates the inflation we see.
The Federal Reserve promised to regulate interest rates, protect us from debt and future economic depressions. If we go into a hyperinflationary state with our currency, they failed at all 3 objectives. At that point any MAGA President should tell the Federal Reserve to pack their bags and get out of the country, just like Putin did. Oh, take all your fake debt with you, your days of taxing us are done.
Soon, inflation is going to get worse, much worse. We could see 100% increase in gas, food and utilities happen in days to weeks, multiple times. This is when the protests will start.
I saw people on another post asking how much silver should I buy? Well, how much cash and supplies do you have put away? The dollar will continue to be used during this process; you will just be spending more of it for the things you buy. I suggest you try to get $2000-3000 tucked away somewhere. They may shut down the banks like they did in China.
Next, make sure you have everything you need to keep your family well fed and protected for 3 months. Make sure you have dry foods(noodles, flour, baking powder, soda, yeast), canned foods, frozen foods(meat/veggies), water, eggs, animal food, medications, coffee, batteries, several cooking sources, gun, ammo, candles, ect, ect. You can find lists online.
Buying silver is more for protecting your wealth over time. Silver is not going to be any use for the short-term economic event we will experience. I'm thinking Trump would be back in office within a couple months if we went into hyperinflation. Trump would roll out a new currency, the system would be converted, adjusting prices for goods that is appropriate to our new currency.
One thing to consider though. if we go back to a gold standard currency, the price of precious metals could skyrocket. If you are fully stocked and armed up, buy some silver, stay away from gold, you get more for your money with silver. Silver has been depreciated for many years.
The silver to gold ratio when it is being mined is around 12 to 1. Right now, gold is $1740/ounce which means silver should be around $145 ounce, it actually is at $19.00 /ounce and people think one day soon it will go to that $145 mark or higher. If we go to a currency backed by precious metals, the price of gold may double or triple, the price of silver will follow. Stacking some silver could turn in to a nice profit in the future. I prefer the kilo bars, the more you buy, cheaper the ounce
https://www.jmbullion.com/silver/
Stay safe my frens!!!
WWG1WGA!!!
PS: This is a post from earlier, I tried to explain why, believe me, this collapse will be good for our country.
The Federal Reserve must be destroyed to rid ourselves of the globalist leeches.
Over many years the globalists have built their power on the backs of US taxpayers. Taking money from our system through the Federal Reserve, taxing us on money printed from thin air. That money flows to the City of London and then stored in the Vatican financial system. Here is an article that explains some of what I am saying.
You see, the Vatican has never been audited, also the Federal Resrve has never been audited. Any corrupt entity can give their money to the Vatican, it is protected and nobody asks where the money came from. The Federal Reserve steals from US taxpayer, money goes to City of London and then flows into the Vatican. Remember back in 2013 the fake Pope Francis was installed during the Obama admin? This fake Pope is a globalist puppet, using the Vatican wealth to fund the globalist anarchy.
Trump paid this Pope a visit one day, it was said Trump took many cases of evidence with him, evidence on child trafficking. Trump made the Pope a deal he couldn't refuse. Give up your wealth or we release all of it.
Notice the Trump family dressed in black, like they are attending a funeral, the Vatican's funeral.
Here is an article from 2019 talking the Vatican's money issues.
So the theory is Trump took back all the money the Federal Reserve has been stealing from us for many years.
Q was asked, do we have the gold? Answer was yes.
Trump has already set up an alternative currency that will replace the fiat dollars. This video is from 2018. I see Federal Reserve Note on these bills but I assume that will be removed and replaced with the term "silver certificate", just like the good ole days.
https://www.youtube.com/watch?v=nmtw8grnnUM&t=01s
Don't worry about your 401k's. Yes, you will lose some money, but this correction had to happen. The money you have afterwards will convert to the new currency and have much more intrinsic value.
I heard from someone, I think it was on the MelK show, that buying silver bullion was reported to the IRS and that any "profits" would be taxed as a "luxury tax". I'm guessing that would only be in cases where your "income" is pretty high. Are you aware of anything like that? I recently bought some silver rounds, just to have some on hand.
Boating accidents....just sayin. They happen frequently so they can cram their lux tax straight up their ass.....
I always feel like this is happening so we buy local, and our supplier only takes cash.