This lady from Stansbury Research has just had a lesson on what is REALLY going on in the world financially. These people have no idea. Watch Greg Mannarino literally present her the TRUTH about what the FED really stands for and it’s not the people.
GOLD will destroy the FED. Q
All of my cash is being invested in my own business. The rest in food.
I am clearing out things I don't need.
Food, silver, ammo, gear and car maintenance for me.
I am curious how employee wages will be affected? If we go into a gold back dollar.
It will balance out in the long run. Not saying it will go back to the 1960s era where 1 income is enough (though it may). Depends on how many toys you want, and what kind of lifestyle you want to lead.
The bigger issue is the 1-3 month est. transition duration before it kicks in.
Thanks, friend.
The way I see assets now. Sure... things like Gold, Silver, etc are good.
But those are assets you buy with an income-generating business. Just putting my money into them now wouldn't help me too much.
I need an income-generating business that offers value to people. Once I make money with that.
I will transfer some of the money I get from that into stable assets.
You are correct!!!
My credit rating is lower because I have taken up debt by investing in my business.
It's a well-calculated risk in my view.
Still have my day job that pays a good bonus. So I can pay down my debt via the bonus I get.