Q - Gold shall destroy FED
🧐 Research Wanted 🤔
For those of us still getting caught up on finances (like myself). Stock Market will soon be crushed (hopefully not but seems inevitable at this point), 401Ks obliterated, the Fed reserve system/notes wiped, printing money, etc.
If cash is meaningless, for those with some cash/bills at hand, what's the best way to procure gold in the event of the inevitable? How and where do we convert cash on hand to gold?
By buying silver st 84 to 1 and making 10 x plus gold price change.
Look at the ratio of paper silver to actual. I think it is like 290 to 1. That ratio alone is unreal.
But how and where? (As a neophyte)?
I live in one of 8 states that charges sales tax. Pinehurstcoins.com is out of the Carolina’s and does t have to charge other states sales tax.
Buy 1 oz generic rounds. Essentially a 1oz bar made to look like a national treasury coin/money. American Silver Eagle. Stack for weight. Gold will be the standard buy silver is so manipulated that it will soar to the moon.
If you do a wire transfer there is no 3% credit card fee. Just a 25 dollar fee from your bank. No limit, nor paper work:reporting with the FEDS
55% of all historically mined silver is I. Technology. 33 in Sterling, the rest in bullion. Up until the 1900’s the gold to silver ratio was 1:16, now 1:84.
Mining supply went down, Demand went up. Guess what happened in the magical world of COMEX and paper contracts?? Silver prices go down and stay down. Solar panels, batteries and electronics, Cell towers need silver and guess what... prices go down and "no fancy people on TV" say to buy gold or silver. They say houses are still going to go up and the stock market is good.
Apmex has been great for me over the years. My recent order arrived crazy fast.
jmbullion has vet discounts and is pretty good.
TY
Apmex has the ultimate selection at a slightly higher premium than most of the others. Selection is unbeatable for a vendor, but if you want cheap shiny then you may look to others
https://old.reddit.com/r/Wallstreetsilver/ Lots of good info here.
Or just go to the big dealers they are all just fine.
Also Wal-Mart has silver online at a good price, if you prefer a company you know.
Ty
JM Bullion
TY
Two good places I've bought from over the years. JM Bullion & Apmex very reliable and competitive prices.
TY
Use a trusted online dealer. Or go to your local coin shop.
SilverGoldBull, Apmex, SDBulion, JMBullion, etc
TY
I’d personally be converting now. Someone below listed a lot of trusted online dealers. I’d visit your local coin shops too. Compare prices though. We have two local dealers within 10 miles, one has very fair premiums the other has ridiculous premiums. I’d get silver too. Silver rounds and constitutional silver for barter. A great thing about buying local is there’s no paper trail if you use cash.
TY
The FED, not the Fed, is all the moneychangers in the big banks-Foreign Exchange Dept. These are the ones that exploit the variables in foreign currency that could NOT happen if real money was in use. Gold, Silver are the original forms used by complex civilizations. Remember the Secret Window on the debt clock that quoted the Bible about The Christ and the moneychangers? The modern moneychangers are more corrupt because they have computers to aid their theft...
Apmex
Why is it inevitable that the stock market is crushed? Inflation makes stock markets go up. The more inflation, the less people want cash, the more pressure to invest.
Bitcoin almost up %10
BTC is currency. Gold is money. It is extremely important to understand the difference.
At one point elephant dung was money.
No, it wasn't. It was currency. Money is Gold nothing else. Money needs to be stable. In order to be stable it needs to meet certain characteristics. Only Gold meets these characteristics. Everything else is less stable and essentially a Gold substitute. This will become obvious when the FED collapses and all unbacked fiat currencies collapse. Get physical Gold and Silver while you still can.
(1) It must be durable, which is why we don’t use wheat or corn or rice.
(2) It must be divisible, which is why we don’t use art work.
(3) It must be convenient, which is why we don’t use lead or copper.
(4) It must be consistent, which is why we don’t use real estate.
(5) It must possess value in itself, which is why we don’t use paper or internet math.
(6) It must be limited in the quantity that is available, which is why we don’t use aluminum or iron.
(7) It should have a long history of acceptance, which is why we don’t use molybdenum or rhodium.
I hope you’re right. I hope the Fed goes down in Ron Paul’s lifetime!
It took America 150 years to get the national debt up to 500 billion dollars. The national debt has gone up more than 666 Billion dollars in the last month.
The FED is collapsing right now but most people do not realize it.
Excellent points! Currency vs money!
May need it’s own write up?
If you want to, be my guest.
This is one of the subjects that either people understand or they don't. Once the light bulb comes on and people understand this, it becomes so obvious. The problem is people have been conditioned to think of value as dollars and they can not even imagine a world where dollars are worthless. Every time I post about this I get tons of BTC shills that have no idea what is going on wanting to argue.
o7
NSA made sha256. Yeah, trust gov.
NSA doesn't own SHA256 any more than how the arabs own calculus.
not what i said.