It's Official: Saudi Arabia, Iran, Argentina, Egypt, Ethiopia and UAE will become full members of BRICS on January 1st 2024.
(twitter.com)
🤑 DOLLAR COLLAPSE 💥
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So I am new to all this. Can someone please explain how it affects us? I've been putting money into a 401 k,but I don't want to lose all my hard-earned money, so how do I save that? And no, I am nowhere close to 59 1/2 years old lol.
The US dollar will no longer be the reserve currency of the world. It’ll then crash at some point to where it’s basically worthless. Invest in gold and silver. Silver is better, I believe, since it’s not as expensive and is lower in relation to gold than it used to be. Do what is in your best interest and not what someone else tells you, though. Get opinions and then form your own off of those.
May collapse but we will be fine. Literally like 1% of the population holds PMs.
You think the plan involves everyone going broke? It would also be chaos if only PMs were accepted at grocery stores. You really think the plan involves a civil war over basic necessities?
That would last under an hour in most major (blue) cities. Forget about the shoplifting mobs - try armed robber mobs robbing the stores and each other while still in the stores.
This is why the new economy will have bitcoin as its foundation, not precious metals. You can beat and shoot a bitcoiner all you want. You might kill him, but you wont get his bitcoin, provided he has stored it properly.
How do I cash out on silver? These companies won't even look at you if you aren't 59 1/2 years old with an IRA
Silver IS Cash, silly....
I’m not sure exactly what you’re asking. I’m not a financial advisor, either. Personally, I took money out of my Vanguard IRA, paid a penalty and bought some silver. A little at a time. I’m self employed and don’t make a ton so taxes aren’t really an issue. You need to do what’s right for your situation. If you buy silver and gold it’s not to cash out but to preserve your wealth and for a total collapse where you need silver to buy food or other items to survive. I don’t have much faith in the stock or bond markets at this time so I didn’t want to have too much money in there. That being said I do own some dwac, gme and a couple other stocks, not a ton but enough if they go sky high to make something. I’m unsure also of Vanguard after some things that I’ve seen about them and Blackrock.
Lets say you buy 1 oz of silver for $25. System collapses the next day and that 1 oz is worth say $1,000 now. You are not cashing it out. You are using that as your $1,000. Not going fiat to real money, to fiat again. You only vonvert from money to fiat when you are in financial trouble and needbfiat asap. Not a financial advicor, not giving financial advice. This is my understanding.
It's true, Gold and Silver are the ONLY things considered to be Real Money all over the world....
The ""Dollar"" is only a Fiat currency, it is NOT Money, and don't confuse Currency as being Money, it is not the same....
Our American Money is called EAGLES, not Dollars, its WEIGHT is measured in dollars....
Well, the Petro dollar is done so.....plan accordingly.
Turn it into tangible assets, asap.