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.
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.
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.
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.
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!