I know Q said "gold shall end the Fed" but does that mean we should all be buying and trading in precious metals right now? I think the economy is in for hard times ahead - what should we be doing to prepare? Will all the sleeping normies be screwed?
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It seems to me that rising precious metals would benefit banks more than people. Unless I missed something I think normies will be screwed like they usually are. There is a good case for having an emergency fund of 1 year of expenses in savings/cash. Harder to be coerced into experimental medical treatments that way. Of course, pre-buying essentials like food works too.
There has been a new development in finance this decade, the GoldBack. Basically plastic banknotes that contain a small but precise amount of gold. Primarily intended as a local currency in select states. So you might be able to transact in gold if you want. Because even $200 worth of silver is pretty frickin' heavy.
There is also the possibility that the supply of precious metals has been intentionally restricted to maintain high prices. Or new developments like asteroid mining. So keep that in mind and don't put a huge amount of your money in PMs.