Good info, but my point is, gold and silver prices can be manipulated, and money doesn't have to have all those characteristics to be good. Debt and control of money supply are the main problems.
I agree, but what i'm saying is the inflation of the currency, afaik, is caused by corruption and controlling monsters who create the debt and manipulate the money supply. Those same forces will be in play with gold-based money. A fix is to stop creating debt backed currency and control the money supply for 0% inflation. I think it's been done before.
Good info, but my point is, gold and silver prices can be manipulated, and money doesn't have to have all those characteristics to be good. Debt and control of money supply are the main problems.
Do not confuse money with currency. ONLY Gold is money. Why do so many people not understand this?
All these Central banks acquiring Gold at a record pace are not "buying" Gold. They are selling their dollars.
When the dollar hyperinflates you won't be able to use it and nobody will give you Gold for it because ONLY GOLD IS MONEY.
People have been conditioned to think of value in dollars but dollars were born from Gold. When the system crashes everything reverts to Gold.
Get it while you still can.
https://financialpost.com/news/economy/in-venezuela-people-break-off-flakes-of-gold-to-pay-for-meals-and-haircuts
I agree, but what i'm saying is the inflation of the currency, afaik, is caused by corruption and controlling monsters who create the debt and manipulate the money supply. Those same forces will be in play with gold-based money. A fix is to stop creating debt backed currency and control the money supply for 0% inflation. I think it's been done before.
Yes, with a gold-backed currency that is redeemable.