The only thing propping up the US Dollar is a scheme of special arrangements such as this Saudi deal that was made to artificially create value for the Dollar when it divorced gold. The dollar truly has nothing backing it except your faith in it.
I just bought one roll. They are in mint shape and a hundred years old, and they can't make more.... I think it's a much better deal than a new eagle. I've found I have to buy silver I like, rather than just the cheapest stuff I can find.
This is it. When they removed the gold backing of the dollar they created this system specifically to create artificial demand. Now, not only do they not have assets or a system to underpin the dollar, they also have an entire world of countries with surplus dollars that they no longer need. They’ll be frantically spending these dollars to secure commodities and property before they lose their value. Expect to see runaway inflation from here on.
Not to mention that businesses of all types will fold, as the cost of everything goes parabolic. I currently enjoy having a solid grocery store within blocks of my house, and well stocked. It will shut down eventually, and after missing a few meals both neighbors and strangers will come knocking on your door, or worse. Some people have never thought this through.
Most people. It is incredible to sit down with someone like my parents, give them massive amounts of financial data, macro and micro economics, and what is going to happen.
And they shake their head, refuse to learn or see the reality of what is about to happen. Granted, things did not go as fast as I thought they would, but it will still happen. There is no stopping the damage central banking and the cabal have done to this country, the dollar, and every other illegal shit they've done.
I want the shitshow to happen. I'm franky sick and tired of ignorant, lazy people who can't see the writing on the wall. This country needs to be kicked in the mouth.
Sadly, it is our comfortable lifestyle at stake. They’ll be using US dollars to buy near everything out from under you. Pretty soon it will be a massive bidding war for food, metals, oil, and other commodities on the global market. They won’t care, they’ll just be wanting to get something for their US fiat before it goes to zero.
The tables will turn with the new BRICS currency if they’re smart enough to peg it to bullion.
If this goes through without incident something has clearly changed because when When Gadhafi tried to sell in other currencies he got mauled to death.
Actually, I would bet that Trump negotiated all this out during his term. The Fed dollar is as much a burden to Americans as it is the rest of the world. It's cabal money not US money
They can try to outlaw Monero--in fact it might be outlawed FIRST before bitcoin--but privacy coins like monero use TOR and it will be impossible for them to stop Monero
But bitcoin is traceable even if you use TOR or I2p or any other traffic anonymizing tool
I love this financial advice by Jesus "Store up treasures in heaven, where neither moth nor rust corrode, for where your treasure is your heart will be also"
This is one of my pet peeves..."no problem" ...in my experience, chic-fil-a employees use "my pleasure" or something similar, but never "no problem"...employees in my own company learned on day one, NEVER say "no problem" as a reply to a customer thanking them...
It's not that we are "giving the Saudi's dollars", the agreement was for Saudi to trade oil in dollars only regardless of the buyer. All countries trading with them would need dollars. This creates a demand for dollars and has for a short time kept some value in the dollar. Less demand is not good for any one holding dollars as it will soon be worthless. Your purchasing power will be greatly reduce. So your statement is true "be more for everyday Americans" you will need it!
Imagine all that "money" comes back to America. Your house is stacked up in every room with paper money higher than your head. And because there's way too much of it, they've devalued $100 bills to buy less than a hundredth of a penny worth of stuff. Happy now?
Can I sell you a wheelbarrow to take enough to the bakery for a loaf?
There are several reasons why more money won't devalue the currency. First is that if everyone had more money, they would probably save more of it as well. More money also means more technology, which makes people more efficient. Things like Roombas, washing machines, and iPhones mean that people can do more and create more value. Higher efficiency will drive down the cost of producing goods. Not to mention, if someone was selling a loaf of bread for a $100, no one would buy it, so the free market is self-correcting.
Roombas, iPhones, and washing machines will do nothing except lead to mass societal decay through rampant lethargy and excessive dependence on convenience.
That's the beauty of it. The government doesn't have to print more money. This is basic supply and demand. If there is less demand, then there will be more money without having to print another dollar, it's fantastic. With this extra money, we'll be able to drill more oil domestically.
Well, that’s an interesting theory. Here’s another one, the value of the petro dollar will crater because it will lose its worth because it will no longer be the global reserve currency.
The only thing propping up the US Dollar is a scheme of special arrangements such as this Saudi deal that was made to artificially create value for the Dollar when it divorced gold. The dollar truly has nothing backing it except your faith in it.
Not the Dollar, it is really the FRN. A real dollar is not made of paper...
Real Dollar
Real Dollars
More Real Dollars
Even more Real Dollars
And another Real Dollars
https://www.jmbullion.com/peace-silver-dollar-bu/
These are the dollers I've been buying recently.
Holy moly that markup. Sweet coin though.
I just bought one roll. They are in mint shape and a hundred years old, and they can't make more.... I think it's a much better deal than a new eagle. I've found I have to buy silver I like, rather than just the cheapest stuff I can find.
Buying ugly silver makes it less painful when you decide to cash some in. Then you can leave the prettiest stuff at home.
Yes I have some really ugly 10 oz bars that look like Christmas decorations. And lot of generic 10 oz bars,
Interesting how they all depict the American/Columbia version of a pagan goddess.
So true!
This is it. When they removed the gold backing of the dollar they created this system specifically to create artificial demand. Now, not only do they not have assets or a system to underpin the dollar, they also have an entire world of countries with surplus dollars that they no longer need. They’ll be frantically spending these dollars to secure commodities and property before they lose their value. Expect to see runaway inflation from here on.
@NoApologyTour
Precisely. Well said.
A 50 year old deception just ended and we'll be paying for it with our comfortable lifestyle here in the good old US.
Not OUR comfortable lifestyle. Theirs. They print and spend and pad their accounts and pay for all kinds of nefarious shit.
All that is about to end.
They may try to tax the shit out of us to claw some back but they are spending hundreds of times more than what taxes account for.
Not to mention that businesses of all types will fold, as the cost of everything goes parabolic. I currently enjoy having a solid grocery store within blocks of my house, and well stocked. It will shut down eventually, and after missing a few meals both neighbors and strangers will come knocking on your door, or worse. Some people have never thought this through.
Most people. It is incredible to sit down with someone like my parents, give them massive amounts of financial data, macro and micro economics, and what is going to happen. And they shake their head, refuse to learn or see the reality of what is about to happen. Granted, things did not go as fast as I thought they would, but it will still happen. There is no stopping the damage central banking and the cabal have done to this country, the dollar, and every other illegal shit they've done.
I want the shitshow to happen. I'm franky sick and tired of ignorant, lazy people who can't see the writing on the wall. This country needs to be kicked in the mouth.
Unfortunately, it will be We The People who either rebuild our very existence, or succumb to the forces that ended other empires.
At the very least, meet someone who grows local food and SUPPORT THEM.
Sadly, it is our comfortable lifestyle at stake. They’ll be using US dollars to buy near everything out from under you. Pretty soon it will be a massive bidding war for food, metals, oil, and other commodities on the global market. They won’t care, they’ll just be wanting to get something for their US fiat before it goes to zero.
The tables will turn with the new BRICS currency if they’re smart enough to peg it to bullion.
Our US dollar is backed by $36,000,000,000,000 of debt.
Not good
I believe this will get bigger in the days ahead. Watch the value of the USD vs other currency. If the dollar drops in value so will your savings.
Jokes on them, I have no savings.
I literally laughed out loud!
I am my own bank, with my own real silver money.
LOL
Exactly!
If this goes through without incident something has clearly changed because when When Gadhafi tried to sell in other currencies he got mauled to death.
Not easy to maul a bear or dragon.
Good point. Gadhafi should have courted Russia & China first, MBS is more even tempered.
Actually, I would bet that Trump negotiated all this out during his term. The Fed dollar is as much a burden to Americans as it is the rest of the world. It's cabal money not US money
Yes and same thing with Saddam Hussein.
Who’s planning on using their GME money to immediately buy Ethereum???
More silver
Smart.
Physical. Stored in a private vault with client protection, or buried in vaccum sealed in your backyard
Ethereum is a sham since it moved away from proof of work, now it's a ponzi
Monero (and dero) is going to be king, once they put the screws on non privacy coins like bitcoin and ethereum
Only asset backed cryptos
Ether helps make asset backed cryptos possible.
It's not the only one. Any smart contract based does this. DERO is an example of a privacy coin that enables the same thing as ethereum
dero and monero are going to go to the moon once CDBC is rolled out and they outlaw bitcoin and other shitcoins for currency
I didn’t say it was the only one.
If they outlaw Bitcoin they will outlaw Monero too.
They can try to outlaw Monero--in fact it might be outlawed FIRST before bitcoin--but privacy coins like monero use TOR and it will be impossible for them to stop Monero
But bitcoin is traceable even if you use TOR or I2p or any other traffic anonymizing tool
But Bitcoin wallets are anonymous. There is no geo data shared.
This is probably fake news, you can’t find any credible source on this.
Maybe,,, but I’ve see the “”plan”” roll important info out like this time and time again.
I love this financial advice by Jesus "Store up treasures in heaven, where neither moth nor rust corrode, for where your treasure is your heart will be also"
There will be a war in SA now... watch.
Or there won’t be and that points to an agreed upon new system,,, “”the plan””
depends on if SA goes for only gold, same with Libya, when they said they would only trade in gold.
I don't think so because the deep state has given up on the dollar anyway.
They want a digital currency that gives them access to your checking account.
Social credit score system.
Monero time
Didn't this board say this was fake news, until now it isn't?
That is correct and the reason for the post.
This is a good thing!
Yes it is!
Well then: Drill,baby drill. We should take over the oil production of the world!!!
I forsee another war in the region.
Not a problem. If they don't want to use dollars, that's fine, more money for us.
Really? That’s your take away from this?
"Not a problem" is the new "thank you", cashiers say to "guests"...aka customers...
Dang, that's really true. Good observation!
Hey - not a problem 🤣🤣🤣
😂🤣😂
This is one of my pet peeves..."no problem" ...in my experience, chic-fil-a employees use "my pleasure" or something similar, but never "no problem"...employees in my own company learned on day one, NEVER say "no problem" as a reply to a customer thanking them...
Yeah, if we're not giving the Saudi's dollars, then there should be more for everyday Americans.
It's not that we are "giving the Saudi's dollars", the agreement was for Saudi to trade oil in dollars only regardless of the buyer. All countries trading with them would need dollars. This creates a demand for dollars and has for a short time kept some value in the dollar. Less demand is not good for any one holding dollars as it will soon be worthless. Your purchasing power will be greatly reduce. So your statement is true "be more for everyday Americans" you will need it!
Imagine all that "money" comes back to America. Your house is stacked up in every room with paper money higher than your head. And because there's way too much of it, they've devalued $100 bills to buy less than a hundredth of a penny worth of stuff. Happy now?
Can I sell you a wheelbarrow to take enough to the bakery for a loaf?
There are several reasons why more money won't devalue the currency. First is that if everyone had more money, they would probably save more of it as well. More money also means more technology, which makes people more efficient. Things like Roombas, washing machines, and iPhones mean that people can do more and create more value. Higher efficiency will drive down the cost of producing goods. Not to mention, if someone was selling a loaf of bread for a $100, no one would buy it, so the free market is self-correcting.
Qled, you're trying to convince everyone here that inflation and hyper-inflation don't exist.
Good luck with that. Well, I'm done here.
Not so much that it doesn't exist, but that I don't think this will cause it.
Roombas, iPhones, and washing machines will do nothing except lead to mass societal decay through rampant lethargy and excessive dependence on convenience.
Ditto for any other such technology.
So what is the plan then? Should we all go back to farming with hand tools? Do you have a washing machine in your home?
Because the federal reserve isn’t printing enough for everyone to have? Really, that’s your answer?
That's the beauty of it. The government doesn't have to print more money. This is basic supply and demand. If there is less demand, then there will be more money without having to print another dollar, it's fantastic. With this extra money, we'll be able to drill more oil domestically.
Well, that’s an interesting theory. Here’s another one, the value of the petro dollar will crater because it will lose its worth because it will no longer be the global reserve currency.
And what are countries going to use instead? Euros? Chinese Yuan? Rubles? All of these are a joke compared to the dollar.
Do you remember when the British sterling was the global currency?
But not Zimbabwean too much.
Interesting take.