Precipice is very soon. This is so bad it's hard to imagine.
(media.greatawakening.win)
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (219)
sorted by:
How will they be burdened by not having gold/silver?
Gold and Silver are money. When the dollar hyperinflates how are you going to buy things you need?
Gold and Silver are the most versatile forms of exchange. When SHTF people always go to Gold and Silver.
In Venezuela, people break off flakes of gold to pay for meals and haircuts. https://financialpost.com/news/economy/in-venezuela-people-break-off-flakes-of-gold-to-pay-for-meals-and-haircuts
I think we have had this discussion before. You either understand or you don't. If you don't then you might just need to learn the hard way. :(
The difference in my view is I don't think the white hats are going to allow it to get to the point where people without gold/silver can't buy anything.
That would include probably 95% of the users here who are awake. We all don't have gold/silver. (well i have a 300 $ silver bar so maybe i'll last a couple extra weeks than the rest)
Why don't you think so?
Why would others have to survive that way but not us?
Fair point
Maybe America might go back to a Gold or Silver standard and protect its citizens, who knows?
But I am Canadian and our commie dictator sold all of our Gold reserves so I have to cover my own ass. lol
Every paper currency in history has gone to zero. Only a miracle will stop this one, and it's already lost close to 99% of its value since 1913.
The problem with gold and silver, and their equally valuable cousins brass and lead, is weight and volume.
If things go full Mad Max, most people wont be able to 'shelter in place'. They will be on the run or wandering in search of resources. Carrying gold and silver will become secondary to carrying brass and lead, food and water. So all that gold and silver you have bought will actually be worthless in that scenario. And if you think to use it as barter it will have small value compared to life giving resources.
Imagine I have food and water but no fuel or fire starting capability. You need food and water but only have silver to exchange. Keep your silver, it does me no good. I need fuel or a lighter.
So while stacking sounds good, and I have been stacking since the early 1980s, it will only be valuable in a situation where society doesnt crumble into dust, which 'The Plan' assures us wont happen. And if that is the case, those who havent stacked will have some assurances that the WHs have taken their needs into account.
No offense but that is one of the dumbest things I have ever heard.
Gold and Silver is the most versatile form of exchange. Gold and Silver are MONEY!!!!!!!
Holy Fuck. Why do so many people have trouble with this? Thousands of years of history prove my point. Stop thinking of unrealistic scenarios just because you want to argue.
Get Gold and Silver while you still can. We are at a very unique point in history where you can exchange paper [shit] for Gold and Silver [money].
The dollar is dying. Get out while you can. Stop giving people an excuse not to stack. That is not helping anybody. In fact, it will hurt people in the long run.
Im not giving anyone an excuse not to stack. I have been stacking for 40+ years. The reality of a global Mad Max situation is your silver and gold will be worthless when you are on the run. People wont want it in a barter situation they will want your food, your water, your brass and lead.
This statement is the dumbest thing Ive ever heard. Offense intended.
Who decides what gold and silver are worth?
The people that hold it.
If you have something I want or need I decide how much I am willing to give you for it. People will negotiate prices as they have for thousands of years.
Prices might fluctuate wildly at first until a free market value is reached but a free market value will ultimately be reached.
What if I deem gold to be worthless?
No one "decides." Gold and silver have been worth approximately the same throughout history. Silver is starting to gain on gold because it's being used up in disposable goods.
100 years ago, an ounce of gold was $20 and could buy you a really good men's suit. Today, the dollar value of that same ounce of gold can still buy you a really good men's suit.
When I was a child, a silver dime could buy a loaf of bread. Today, the dollar value of a silver dime can still buy a loaf of bread.
The value mainly depends on scarcity.
At minimum they will have missed out on a great opportunity to get wealthier. With gold and silver manipulation ended their value will go way up especially if you think we will be going back to a precious metals standard.