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?
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.