Highly doubt the only people who will survive are those with precious metals. Q would not make everyone going bankrupt part of the plan. There would be civil war.
Really? If you take everyone's money, there will be CHAOS like you've never seen before. LITERALLY no one will want to buy precious metals in a situation like that. Food, ammo and guns will be 17171717 times more valuable than some metal. PLUS if you are using that metal to exchange for goods / services, you'll have a target on your back. People who are starving to death will follow anyone w/ PMs in your "biblical" scenario.
YOU honestly think Q would fuck over anyone who doesn't own precious metals? That's so insane to think that's part of the plan. What population of the USA do you think owns precious metals?
Go American all the way. Start with "love the neighbor". Do you really want to be the one person on the block behind your walled house, laughing at your neighbors for not being prepared? Seriously, make up some flyers, talk to your neighbors about what's going on. Better to help them start adjusting now rather than when the local Deep Stater starts pointing everyone in your direction as the reason for their troubles. You know they're going to and have no qualms about doing it.
Precious metals always retain their purchasing power, even in a Mad Max scenario like the Serbian civil war where a city was surrounded and people were left to starve. I read a report from a survivor. Cash turned nearly worthless overnight but as long as you had a gun, you could trade your gold for food, ammo, batteries, medicines, hygiene products, a helicopter ride out, etc.
I do agree that this time it won't get that bad though and if it did, people would band together against the common enemy.
Anyone who hasn't already made any financial preps is (IMHO) seriously behind the curve, but it's obviously not too late.
Stash some cash. However much you are comfortable with, but I'd tend towards more than less. You can always re-deposit it in 3 months, 6 months, a year; whenever...... or you can also deposit it into a local bank / credit union, which is a much better idea than the big banks.
Pay off your debts as much as possible. Interest rates have obviously gone WAY up, which means Credit Cards & other debt has gotten WAY more expensive.
IDK if we're gonna crash or not; 4 years ago, I thought for sure we would have had a collapse by now...... that old quote is extremely apropos;
"Never underestimate the markets' ability to remain irrational for far longer than you can remain solvent"
i don't understand how people can pay for anything with gold/silver? i am being honest and don't understand what gold/silver will do for anyone? i'm thinking more on barter with this or that, when SHTF.
i live in a rural area, and have many farms around me. i'm just wondering if the farmer would take gold/silver for their goods because what can they do with it, just like cash, if/when the crash hits how do you know if gold is gold and silver is silver; and if cash is worthless, wouldn't bartering be the way to go? and how do people give change with gold/silver? and how do people know if the gold/silver they are using is even real? just asking because i haven't the slightest clue how to use gold/silver.
These are valid points. When you are in a famine situation and people desperate for food and medicine… I mean study the Great Depression. People eating dogs.. America isn’t used to 3rd world problems… we survived and learned but unfortunately our farms are now mega farms fed with pharmaceutical products.
the Great Depression was done on purpose. so what i'm saying is, why do we have to go through all of that just to wake people up? we've lived in 'their' world for centuries, pull the band-aid off, get this over and done with. it's going to happen no matter what, so as far i understand the shit is going to hit the fan no matter what the patriots or libtards do, so why let them keep eating and abusing our kids? how many more little one's have to be sacrificed to get this to end?
OK, first off; I'm sorry (not) that this turned out so long. This was a fun way for me to refresh myself, as I've been out of buying PM's for some time now. And, too much caffeine.😛
I believe the info below is exactly what I could have used when I first started out, so I hope this is helpful to you & others, and answers your very good questions.
That said.....
You have posed some very valid & legit questions. :-)
Gold & silver's primary purpose - for any rational human - is to safeguard & protect your wealth over the course of decades or centuries (generational wealth).
It's NOT "because it's going to the moon in 2 weeks!" or any such nonsense.
You do NOT buy gold & silver because you think the price will double anytime soon (though It probably will, but that's just because of the very unique circumstances occurring right this moment, and has definitely NOT been a constant throughout history, and you do NOT buy gold nor silver because you think the value will rise significantly in the short term).
Gold & silver virtually guarantee that you will never lose any of your wealth. I'm not aware of anyone who has significant sums of gold & silver, who has ever lost a significant amount of their wealth because of it. Over decades / generations, that is (No; those brothers who tried to corner the silver market in the 80's & got hammered don't count; they were gambling and lost, plain & simple).
No, I'm not talking about the price swinging up & down.
I AM talking when you look at PM's over the course of decades or longer. On that long a timeframe, Gold & Silver do not lose value. They won't necessarily make you rich, but it will ensure that you won't lose it all if the market crashes.
Gold & Silver (PM's / Precious Metals) are also extremely good inflation hedges; here again; they help safeguard your wealth against the ravages of inflation.
Frankly, I think the idea of us reverting to using gold & silver as our primary form of money on an ongoing, regular & long-term basis is absolutely absurd. In order for that to be the case, we'd have far, FAR bigger problems than how to buy some ammo or bacon.
If we were forced to primarily use any form of barter and/or Gold & Silver instead of other "money" (fiat currency) - even if it's not US currency - means that the global economy would have virtually collapsed entirely.
Imagine that; do you really think you'd be worried about going shopping if the currencies of virtually every country in the world became almost completely worthless??
(I'm assuming here you have already stocked 3-6 months of food for yourself & each member of your family, water & the means to purify / filter it, firearms & related self / home-defense gear, etc.......RIGHT???)
So you will NOT be one of the great unwashed masses literally killing each other over a case of bottled water at the local walmart, RIGHT...???
We'd have far, FAR bigger problems than how to pay for stuff using gold and silver (or barter), if we were forced to do it regularly & for the long term.
But, it's certainly not out of the question for some random transactions here & there.
You can get gold coins in virtually infinite sizes, values, combinations.
Just like you probably don't regularly carry only $100 bills; you probably always try to have some small bills & change; same with gold & silver. Have smaller amounts of it, as well as some larger bars. You shouldn't have $10k in 1s, but you also don't want to carry around only $100's for buying soda or gas either.
No; you aren't going to buy shit other than a mercedes or plot of land with a 1 kilo gold or silver bar; but silver especially can be had in very small, practical & manageable amounts.
Remember; it wasn't that long ago that US coins actually WERE made out of mostly silver.... imagine that; REAL money!
As for the rest of your questions & points; extremely good, smart & valid questions.
Generally; you ought to invest in actual gold & silver currency, such as American Gold / Silver Eagles or bars from very recognizable & reputable mints. There are many, but since you're new; Canadian Royal Mint, UK Royal Mint, Australian Perth Mint,
Casa de Moneda de Mexico (Mexican mint) which was founded in 1535. It is the oldest mint in North America. (Cool!! I didn't know!!)
You don't want to "invest" into a bunch of gold / silver jewelry, figurines, or other trinkets; really anything that isn't a very standard, widely known / accepted minted gold / silver coin or bar from a major govt. or private mint, because you're right; you need to verify the purity & authenticity.
Fake gold & silver are definitely a problem (COUGHCHINACOUGH) so again; valid point.
Precious Metals testing devices aren't horribly expensive & impractical; the Sigma seems to be one of the most popular:
https://www.sigmametalytics.com/
There are also a whole lot of other ways to easily & reliably test PM's for authenticity & purity. This is made especially easy with government minted coins like Britannias, American Gold & Silver Eagles, Canadian Silver Maples, etc. There are - just like with bills - security features built into these coins.
Of course the best idea would be to keep them in their original, factory packaging, and not open them until you are ready to actually spend / trade them, but that's not always going to be possible. If you break open a $100 value pack of silver coins but only spend half; the next time you go to spend the rest, it won't be factory sealed, now will it? :-\
Basically; buy only "name brand" gold & silver; govt-issued coins (which are actually legal tender, like American Silver & Gold Eagles) and bars either from govt. mints (UK's Royal Mint) or other archetypal mints like Valcambi.
IMHO; stay AWAY from "collector" coins & PM's. An American Gold Eagle has a specific, concretely defined value; it has a face value (again it is real actual money, exactly like a $20 bill) but it also has 1 oz of real, pure gold, which has a verifiable market price.
What I'm talking about are coins - like certain AGE's - that are worth many times more than their "normal" value, because of some unusual mint mark or some other quirk.
i.e.; a normal, standard AGE is about $2500.00 at current market prices. Gold is about $2,300.00 per oz.
There are AGE's out there that are WAY more than just ~$2,500.00, because the mint made some mistake, or they have some unusual feature, etc. But the coin doesn't contain more than $2300.00 worth of gold, and for practical purposes, isn't ACTUALLY worth more.
It's worth $10,000.00 or whatever to COLLECTORS, simply because people say it is.
That will absolutely go away if we're forced to spend gold & silver. Nobody will care about the quirky little weird mark on your coin; they'll care if it's pure gold and if it's actually 1 oz, or whatever.
(Sidenote; AGE's can be had as small as 1/10 oz, which at current prices is roughly $270.00 per 1/10 oz. coin. THAT is how you can practically spend gold / silver)
Oh also; how can you be certain that the currency - bills or coins - anyone gives you are real / authentic & not fake?
Same way with gold & silver.....
In sum; it's not impossible, but it would be a little different to use gold & silver instead of fiat (govt-printed) money.
Contains ten (10) troy ounces of .999 fine silver.
Produced by MintID with special authentication NFC Chip.
New bars shipped in original mint plastic.
Manufactured in the United States.
Features a detailed Buffalo Design on the obverse.
(Known, standard Design details such as this are security features in and of themselves)
i live in a rural area, and have many farms around me. i'm just wondering if the farmer would take gold/silver for their goods because what can they do with it, just like cash,
What can anyone do with dollar bills? British Pounds or Canadian dollars? They're just a medium of exchange, which is precisely what gold & silver are.
In fact; gold & silver are the only REAL, actual "money"; everything else is literally monopoly money created (again literally) out of thin air / with a few keystrokes by the government.
"Money" as in USD, GBP, CAD, etc; has zero intrinsic value, unlike Gold & Silver, which have been prized and highly valued ever since they were discovered by mankind.
if/when the crash hits how do you know if gold is gold and silver is silver; and if cash is worthless, wouldn't bartering be the way to go?
I still stand by my assertion that if we were ever forced to resort to barter and/or using gold & silver on a regular & long-term basis, it wold only be because virtually the entire global economy has completely collapsed & the fiat currencies issued by any country are completely worthless.
Nothing like that has ever happened before that I'm aware of (not global; I'm aware of course of Weimar Germany, Venezuela, etc).
It could also happen in the aftermath of something like a serious nuclear war.
And I'm sorry again this turned out so long; this turned into a fun exercise for me to think through & refresh my brain on this topic, but one last thing;
If gold & silver are useless / worthless / just shiny toys, why have central banks & governments all around the world been buying it up like it's literally crack cocaine?
Why?
Here are a few links. Ironically the first one is from our absolute, very favorite demons:
Central banks globally have accumulated gold reserves this year at a pace never seen since 1967, when the US dollar was still backed by the precious metal.
A new survey of 70 central banks revealed the highest level of expected central bank gold buying since the analysis of their gold exposure started six years ago. None of the banks which responded to the survey conducted by the World Gold Council (WGC) expect central bank buying to decline whereas 81% expect buying to increase.
i really appreciate all your info. what i'm meaning is that the price of gold/silver goes up an down constantly, am i right? i have honestly never dabbled in gold/silver, ever. i was never taught about any of that as a younger adult, nor ever taught or had interest in the stock market.
i was always told to prep with food, water, ammo, etc., but not gold/silver.
so on the day i would want to use any gold or silver, how do we know the price of it on that day? and of course, i never ever knew if i would buy gold/silver if it was even the real deal. so i just stayed away from it. can't fault a fren for asking.
never said the farmer was stupid. i'm the stupid one because i've always heard that gold/silver go up and down on a daily basis and the price of an ounce would differ. how would I and the farmer know the value of it on the day of trade was what i was asking.
and how do you know the gold/silver you are holding in your hand is even real?
You should get out of regional banks and get a Chase account. The regional banks and small credit unions are mostly underwater due to allot of FED trickery… high interest rates people aren’t getting loans and because of tight budgets they aren’t paying the loans off. The regional banks are holding the bags on this one. Property values are going to go down and the loans they put out for people to buy are going to go upside down, bonds upside down, and much more. If the fed continues to hold interest rates or even go higher banks will start collapsing, I mean, “consolidating” faster and faster. If they lower interest rates it just means they are printing more money and inflation goes up. There really is no win here. My money is in gold, silver, and crypto. Gold is most certain it is the standard. Silver may be a massive play but it not as guaranteed as gold even though it is much more useful. Crypto to be diversified and play the lottery.
There is going to be a massive consolidation of banks who don’t have the capital to continue running in a lean environment and I suspect Chase will be perfectly positioned to acquire most all of them. So if you’re using a bank Chase will likely be safe but it’s good to diversify with banks. Just have a few months operating cost in your bank some cash at home and the bulk in precious metals because the dollar is dying and it’s dying fast.
I was going to sign off with “HODL GME” but forgot. I do HODL lead as well but I’m not always sure it’s as good as it once was considering the weapons like space lasers, tornado generators, and gain of function our actual enemy’s have these days. I suspect when the masses wake up to their enslavement they may begin to see all of a sudden that we are all in common.
I have a small chase account that I push money over to every month to cover ATM withdrawals. Chase has banks everywhere we travel in the country and it's easy to find an ATM for quick cash when on the road. Avoid transaction fees that way.
Absolutely without any doubt you are very correct about that and this is precisely why they will remain on top in whatever form they take or is forced upon them.
To your point I think they are involved in this massive like world sized lawsuit involving different banks laundering money. The details of which I am not recalling. They are also tied in the Epstein case for being the bankers for the super rich and freaky pervs amongst the elites which is another thorn in their side.
However they own most everything in America important both publicly and behind closed doors. I also believe they are the largest non government holder of silver in the world. They have financed wars for the government since the beginning and that gives them allot of sway.
On a side note, I remember hearing story’s long ago of them pulling US silver coinage and melting them into bars and vaulting them. I kinda think they are the source of most all the “junk silver” that’s appears on the market and a major player in manipulation of the markets with the ability to load/unload large amounts of physical silver.
Details I could give but you would have to asked me a question or get me thinking. I think weird and it’s hard to assume what you consider a detail. Allot of what I know about chase has been learned over the years. In fact most everything I know is from years of reading and watching talking heads. I could never remember all the links to things much less keep up with them but allot of good information comes out of the .win network. As well as allot of crap bullshit so be wise.
There are two guys on YouTube both of which look like douches and are selling courses or some shit but they give allot of good factual information, share charts, and articles. I watch both of them everything they do most every day for sure and have been for some time.
One is “J Bravo” looks like him and the other is “ThisisJohnWilliams” 30s and baldish with glasses.
I really like credit unions I have always used them, several, since my first account as a kid and in several states always trusted them and still do but they are in a real bind now and the government is probably going to say they won’t bail out the banks this time and they have to do it themselves. Obviously the credit unions won’t be bailing themselves out. Cash wealthy banks will be able to though.
The FDIC has like less than 10% of the funds on hand and it works by all the banks paying a little so that if one or two have a problem a year they can step in and bail out the bank guaranteeing your funds. Problem is if all the contributors to the FDIC start failing then who is going to pay in to save the banks? Like being stuck between a row of dominos… lol. Thing is I believe from what I know that chase set those dominos up. Even made a big huge blueprint before they did it and they shook hands with government doing it long ago.
Wells Fargo is riddled with problems and losses they are a poor bank no cash on hand. I remember they used to set up fake accounts to cook the books, probably still do.
I don’t know much about BofAs finances but I know the cabal thinks they are funny and a Bank of America is just to intolerable for the NWO. I assume lol.
I think I covered or touched on everything here I spoke a bit more on chase in another answers somewhere above or below here. If you have questions ask and I will give my opinion, which all this is. I’m no college educated finance guy but I have snore then enough theoretical credit hours that n self education to have a few masters and a phd in various conspiracy related fields.
If we transfer 401k money from known bad financial institutions to the credit unions (who I believe Obama passed some sort of law designed to eventually fail them), wouldn't it seem like we're setting up financial lifeboats out of the entities they were trying to end? I've started the process from my end.
Hmmm...I don't like the way this sounds. Guess it's time to move more money out of BofA and into....Credit Union?
KEK! I always take my new precious metals for a kayak ride when they arrive!
Also same with my lead dispensary tools...
Highly doubt the only people who will survive are those with precious metals. Q would not make everyone going bankrupt part of the plan. There would be civil war.
Really? If you take everyone's money, there will be CHAOS like you've never seen before. LITERALLY no one will want to buy precious metals in a situation like that. Food, ammo and guns will be 17171717 times more valuable than some metal. PLUS if you are using that metal to exchange for goods / services, you'll have a target on your back. People who are starving to death will follow anyone w/ PMs in your "biblical" scenario.
YOU honestly think Q would fuck over anyone who doesn't own precious metals? That's so insane to think that's part of the plan. What population of the USA do you think owns precious metals?
Go American all the way. Start with "love the neighbor". Do you really want to be the one person on the block behind your walled house, laughing at your neighbors for not being prepared? Seriously, make up some flyers, talk to your neighbors about what's going on. Better to help them start adjusting now rather than when the local Deep Stater starts pointing everyone in your direction as the reason for their troubles. You know they're going to and have no qualms about doing it.
Precious metals always retain their purchasing power, even in a Mad Max scenario like the Serbian civil war where a city was surrounded and people were left to starve. I read a report from a survivor. Cash turned nearly worthless overnight but as long as you had a gun, you could trade your gold for food, ammo, batteries, medicines, hygiene products, a helicopter ride out, etc.
I do agree that this time it won't get that bad though and if it did, people would band together against the common enemy.
reset of the financial system casualties?
I had so much that my boat sunk. I need a new boat before getting more PMs
Take into account that they have metal detectors these days you know
unfortunately my boat is not very stable and all my valuables end up on the bottom of a bottomless lake... weird, eh??
Anyone who hasn't already made any financial preps is (IMHO) seriously behind the curve, but it's obviously not too late.
Stash some cash. However much you are comfortable with, but I'd tend towards more than less. You can always re-deposit it in 3 months, 6 months, a year; whenever...... or you can also deposit it into a local bank / credit union, which is a much better idea than the big banks.
Gold & Silver. The gains the past several years have been pretty significant (again, IMO and I'm not an expert) Look for yourself: https://www.apmex.com/gold-price https://www.apmex.com/silver-price
Pay off your debts as much as possible. Interest rates have obviously gone WAY up, which means Credit Cards & other debt has gotten WAY more expensive.
IDK if we're gonna crash or not; 4 years ago, I thought for sure we would have had a collapse by now...... that old quote is extremely apropos; "Never underestimate the markets' ability to remain irrational for far longer than you can remain solvent"
i don't understand how people can pay for anything with gold/silver? i am being honest and don't understand what gold/silver will do for anyone? i'm thinking more on barter with this or that, when SHTF.
i live in a rural area, and have many farms around me. i'm just wondering if the farmer would take gold/silver for their goods because what can they do with it, just like cash, if/when the crash hits how do you know if gold is gold and silver is silver; and if cash is worthless, wouldn't bartering be the way to go? and how do people give change with gold/silver? and how do people know if the gold/silver they are using is even real? just asking because i haven't the slightest clue how to use gold/silver.
You should check out goldbacks.
https://goldback.com
Do you think those are going to go anywhere? Have they been popular at all?
These are valid points. When you are in a famine situation and people desperate for food and medicine… I mean study the Great Depression. People eating dogs.. America isn’t used to 3rd world problems… we survived and learned but unfortunately our farms are now mega farms fed with pharmaceutical products.
the Great Depression was done on purpose. so what i'm saying is, why do we have to go through all of that just to wake people up? we've lived in 'their' world for centuries, pull the band-aid off, get this over and done with. it's going to happen no matter what, so as far i understand the shit is going to hit the fan no matter what the patriots or libtards do, so why let them keep eating and abusing our kids? how many more little one's have to be sacrificed to get this to end?
OK, first off; I'm sorry (not) that this turned out so long. This was a fun way for me to refresh myself, as I've been out of buying PM's for some time now. And, too much caffeine.😛
I believe the info below is exactly what I could have used when I first started out, so I hope this is helpful to you & others, and answers your very good questions. That said..... You have posed some very valid & legit questions. :-)
It's NOT "because it's going to the moon in 2 weeks!" or any such nonsense. You do NOT buy gold & silver because you think the price will double anytime soon (though It probably will, but that's just because of the very unique circumstances occurring right this moment, and has definitely NOT been a constant throughout history, and you do NOT buy gold nor silver because you think the value will rise significantly in the short term).
Gold & silver virtually guarantee that you will never lose any of your wealth. I'm not aware of anyone who has significant sums of gold & silver, who has ever lost a significant amount of their wealth because of it. Over decades / generations, that is (No; those brothers who tried to corner the silver market in the 80's & got hammered don't count; they were gambling and lost, plain & simple).
No, I'm not talking about the price swinging up & down. I AM talking when you look at PM's over the course of decades or longer. On that long a timeframe, Gold & Silver do not lose value. They won't necessarily make you rich, but it will ensure that you won't lose it all if the market crashes.
Gold & Silver (PM's / Precious Metals) are also extremely good inflation hedges; here again; they help safeguard your wealth against the ravages of inflation.
Frankly, I think the idea of us reverting to using gold & silver as our primary form of money on an ongoing, regular & long-term basis is absolutely absurd. In order for that to be the case, we'd have far, FAR bigger problems than how to buy some ammo or bacon.
If we were forced to primarily use any form of barter and/or Gold & Silver instead of other "money" (fiat currency) - even if it's not US currency - means that the global economy would have virtually collapsed entirely.
Imagine that; do you really think you'd be worried about going shopping if the currencies of virtually every country in the world became almost completely worthless??
(I'm assuming here you have already stocked 3-6 months of food for yourself & each member of your family, water & the means to purify / filter it, firearms & related self / home-defense gear, etc.......RIGHT???)
So you will NOT be one of the great unwashed masses literally killing each other over a case of bottled water at the local walmart, RIGHT...???
We'd have far, FAR bigger problems than how to pay for stuff using gold and silver (or barter), if we were forced to do it regularly & for the long term.
But, it's certainly not out of the question for some random transactions here & there.
You can get gold coins in virtually infinite sizes, values, combinations.
Just like you probably don't regularly carry only $100 bills; you probably always try to have some small bills & change; same with gold & silver. Have smaller amounts of it, as well as some larger bars. You shouldn't have $10k in 1s, but you also don't want to carry around only $100's for buying soda or gas either.
No; you aren't going to buy shit other than a mercedes or plot of land with a 1 kilo gold or silver bar; but silver especially can be had in very small, practical & manageable amounts.
For gold, there's stuff like this: https://www.valcambi.com/products/combibartm-description/
And of course they make it in silver too: https://www.valcambi.com/products-and-metals/combibarTM/ag/100-x-1-g/100-x-1-g-silver-combibarTM/
Remember; it wasn't that long ago that US coins actually WERE made out of mostly silver.... imagine that; REAL money!
As for the rest of your questions & points; extremely good, smart & valid questions.
You don't want to "invest" into a bunch of gold / silver jewelry, figurines, or other trinkets; really anything that isn't a very standard, widely known / accepted minted gold / silver coin or bar from a major govt. or private mint, because you're right; you need to verify the purity & authenticity.
Fake gold & silver are definitely a problem (COUGH CHINA COUGH) so again; valid point.
Precious Metals testing devices aren't horribly expensive & impractical; the Sigma seems to be one of the most popular: https://www.sigmametalytics.com/
There are also a whole lot of other ways to easily & reliably test PM's for authenticity & purity. This is made especially easy with government minted coins like Britannias, American Gold & Silver Eagles, Canadian Silver Maples, etc. There are - just like with bills - security features built into these coins.
Of course the best idea would be to keep them in their original, factory packaging, and not open them until you are ready to actually spend / trade them, but that's not always going to be possible. If you break open a $100 value pack of silver coins but only spend half; the next time you go to spend the rest, it won't be factory sealed, now will it? :-\
Basically; buy only "name brand" gold & silver; govt-issued coins (which are actually legal tender, like American Silver & Gold Eagles) and bars either from govt. mints (UK's Royal Mint) or other archetypal mints like Valcambi.
IMHO; stay AWAY from "collector" coins & PM's. An American Gold Eagle has a specific, concretely defined value; it has a face value (again it is real actual money, exactly like a $20 bill) but it also has 1 oz of real, pure gold, which has a verifiable market price. What I'm talking about are coins - like certain AGE's - that are worth many times more than their "normal" value, because of some unusual mint mark or some other quirk.
i.e.; a normal, standard AGE is about $2500.00 at current market prices. Gold is about $2,300.00 per oz. There are AGE's out there that are WAY more than just ~$2,500.00, because the mint made some mistake, or they have some unusual feature, etc. But the coin doesn't contain more than $2300.00 worth of gold, and for practical purposes, isn't ACTUALLY worth more.
It's worth $10,000.00 or whatever to COLLECTORS, simply because people say it is. That will absolutely go away if we're forced to spend gold & silver. Nobody will care about the quirky little weird mark on your coin; they'll care if it's pure gold and if it's actually 1 oz, or whatever.
(Sidenote; AGE's can be had as small as 1/10 oz, which at current prices is roughly $270.00 per 1/10 oz. coin. THAT is how you can practically spend gold / silver)
Oh also; how can you be certain that the currency - bills or coins - anyone gives you are real / authentic & not fake?
Same way with gold & silver..... In sum; it's not impossible, but it would be a little different to use gold & silver instead of fiat (govt-printed) money.
Here's a cool example: https://monumentmetals.com/mintid-10-oz-silver-bar.html
"Money" as in USD, GBP, CAD, etc; has zero intrinsic value, unlike Gold & Silver, which have been prized and highly valued ever since they were discovered by mankind.
I still stand by my assertion that if we were ever forced to resort to barter and/or using gold & silver on a regular & long-term basis, it wold only be because virtually the entire global economy has completely collapsed & the fiat currencies issued by any country are completely worthless.
Nothing like that has ever happened before that I'm aware of (not global; I'm aware of course of Weimar Germany, Venezuela, etc).
It could also happen in the aftermath of something like a serious nuclear war.
And I'm sorry again this turned out so long; this turned into a fun exercise for me to think through & refresh my brain on this topic, but one last thing;
If gold & silver are useless / worthless / just shiny toys, why have central banks & governments all around the world been buying it up like it's literally crack cocaine?
Why?
Here are a few links. Ironically the first one is from our absolute, very favorite demons:
https://www.weforum.org/agenda/2022/11/central-banks-gold-market-economy-global/
https://www.forbes.com/sites/timtreadgold/2024/06/18/gold-at-3000oz-in-sight-as-central-banks-continue-to-buy/
https://www.kitco.com/news/article/2024-06-18/why-central-banks-are-increasing-their-gold-reserves-29-plan-buy-more-2024
https://finance.yahoo.com/news/central-banks-gold-buying-frenzy-160000712.html
i really appreciate all your info. what i'm meaning is that the price of gold/silver goes up an down constantly, am i right? i have honestly never dabbled in gold/silver, ever. i was never taught about any of that as a younger adult, nor ever taught or had interest in the stock market.
i was always told to prep with food, water, ammo, etc., but not gold/silver.
so on the day i would want to use any gold or silver, how do we know the price of it on that day? and of course, i never ever knew if i would buy gold/silver if it was even the real deal. so i just stayed away from it. can't fault a fren for asking.
He will take silver rather than letting the crop go to waste. He's not stupid.
never said the farmer was stupid. i'm the stupid one because i've always heard that gold/silver go up and down on a daily basis and the price of an ounce would differ. how would I and the farmer know the value of it on the day of trade was what i was asking.
and how do you know the gold/silver you are holding in your hand is even real?
I have over $20,000 in credit card debt. That's why I want Mr. Putin to land the missile on my front lawn. Hopefully I'm home when the missile lands.
😲😂
Is a credit union the same as a building society in the UK that is owned by members?
Yes. It is owned by its members.
Great. I have my debts with a bank and come savings with credit union
ALREADY IN CREDIT UNION...Have been in one for the last 25 yrs...
You should get out of regional banks and get a Chase account. The regional banks and small credit unions are mostly underwater due to allot of FED trickery… high interest rates people aren’t getting loans and because of tight budgets they aren’t paying the loans off. The regional banks are holding the bags on this one. Property values are going to go down and the loans they put out for people to buy are going to go upside down, bonds upside down, and much more. If the fed continues to hold interest rates or even go higher banks will start collapsing, I mean, “consolidating” faster and faster. If they lower interest rates it just means they are printing more money and inflation goes up. There really is no win here. My money is in gold, silver, and crypto. Gold is most certain it is the standard. Silver may be a massive play but it not as guaranteed as gold even though it is much more useful. Crypto to be diversified and play the lottery.
There is going to be a massive consolidation of banks who don’t have the capital to continue running in a lean environment and I suspect Chase will be perfectly positioned to acquire most all of them. So if you’re using a bank Chase will likely be safe but it’s good to diversify with banks. Just have a few months operating cost in your bank some cash at home and the bulk in precious metals because the dollar is dying and it’s dying fast.
I'm a fan of Old Glory Bank - They will not share any of your data.
I have chase only for my bills. I moved all my other money out into silver, GME, cash and lead
I was going to sign off with “HODL GME” but forgot. I do HODL lead as well but I’m not always sure it’s as good as it once was considering the weapons like space lasers, tornado generators, and gain of function our actual enemy’s have these days. I suspect when the masses wake up to their enslavement they may begin to see all of a sudden that we are all in common.
I have a small chase account that I push money over to every month to cover ATM withdrawals. Chase has banks everywhere we travel in the country and it's easy to find an ATM for quick cash when on the road. Avoid transaction fees that way.
Ty for the advice!
from what i've read, Chase is the biggest cabal bank there is.
Absolutely without any doubt you are very correct about that and this is precisely why they will remain on top in whatever form they take or is forced upon them.
To your point I think they are involved in this massive like world sized lawsuit involving different banks laundering money. The details of which I am not recalling. They are also tied in the Epstein case for being the bankers for the super rich and freaky pervs amongst the elites which is another thorn in their side.
However they own most everything in America important both publicly and behind closed doors. I also believe they are the largest non government holder of silver in the world. They have financed wars for the government since the beginning and that gives them allot of sway.
On a side note, I remember hearing story’s long ago of them pulling US silver coinage and melting them into bars and vaulting them. I kinda think they are the source of most all the “junk silver” that’s appears on the market and a major player in manipulation of the markets with the ability to load/unload large amounts of physical silver.
I've actually read something to this effect. I need to research more.
Can you please give any more details or point me towards any site / links / or rabbit holes?
What do you think of credit unions?
ETA: Also; why specifically Chase? Why not Wells, BofA, etc?
Credit union is the best, they don't pay around with silver shorts,or derivatives or swaps....
Details I could give but you would have to asked me a question or get me thinking. I think weird and it’s hard to assume what you consider a detail. Allot of what I know about chase has been learned over the years. In fact most everything I know is from years of reading and watching talking heads. I could never remember all the links to things much less keep up with them but allot of good information comes out of the .win network. As well as allot of crap bullshit so be wise.
There are two guys on YouTube both of which look like douches and are selling courses or some shit but they give allot of good factual information, share charts, and articles. I watch both of them everything they do most every day for sure and have been for some time.
One is “J Bravo” looks like him and the other is “ThisisJohnWilliams” 30s and baldish with glasses.
I really like credit unions I have always used them, several, since my first account as a kid and in several states always trusted them and still do but they are in a real bind now and the government is probably going to say they won’t bail out the banks this time and they have to do it themselves. Obviously the credit unions won’t be bailing themselves out. Cash wealthy banks will be able to though.
The FDIC has like less than 10% of the funds on hand and it works by all the banks paying a little so that if one or two have a problem a year they can step in and bail out the bank guaranteeing your funds. Problem is if all the contributors to the FDIC start failing then who is going to pay in to save the banks? Like being stuck between a row of dominos… lol. Thing is I believe from what I know that chase set those dominos up. Even made a big huge blueprint before they did it and they shook hands with government doing it long ago.
Wells Fargo is riddled with problems and losses they are a poor bank no cash on hand. I remember they used to set up fake accounts to cook the books, probably still do. I don’t know much about BofAs finances but I know the cabal thinks they are funny and a Bank of America is just to intolerable for the NWO. I assume lol.
I think I covered or touched on everything here I spoke a bit more on chase in another answers somewhere above or below here. If you have questions ask and I will give my opinion, which all this is. I’m no college educated finance guy but I have snore then enough theoretical credit hours that n self education to have a few masters and a phd in various conspiracy related fields.
If we transfer 401k money from known bad financial institutions to the credit unions (who I believe Obama passed some sort of law designed to eventually fail them), wouldn't it seem like we're setting up financial lifeboats out of the entities they were trying to end? I've started the process from my end.