That was my thinking also. I doubt Trump will leave those without silver/gold stranding while we all move forward so I'm sure he will have a plan in place to help those who missed out.
It is 8 banks taking a divided spanking of .89 trillion dollars. They lost control of manipulating one sector of commodities, SILVER; they can no longer short it and silver will find its historic ratio to Gold.
Your bank account is still fine. Just understand this though: it would be wise to be mindful of who you bank with and to keep only as much in your bank as you need to operate, all excess capital should be held in cash or precise medals, such as silver.
Federal Credit Unions appear to be mostly decoupled from Big Banks Federal Reserve System. Likely less chaos with them. Silver running to $150+ likely takes out BofA (@$85) and Citi (@$133) due to their "legacy shorts". They will be the Bear Stearns and Lehman patsies this time.
I asked the same question a long time ago cuz I was concerned about my extended family and friends not owning any silver or even gold, and when SHTF, what will they do for currency?
No one answered my question, so thank you for asking this question!
So what happens to people with checking and savings accounts in the old US dollars? ...or my emergency stash of currency?
I have no doubt that POTUS has a plan in place and I'm comfy.
That was my thinking also. I doubt Trump will leave those without silver/gold stranding while we all move forward so I'm sure he will have a plan in place to help those who missed out.
Absolutely 💯
Thank you, I hope you're right. Trump could lose his base overnight if everyone's dollar-based savings were to evaporate.
I believe the WH's have meticulous planned every aspect of this Military Op and remember PDJT is The GOAT of Business...
Your dollars will be good.
It is 8 banks taking a divided spanking of .89 trillion dollars. They lost control of manipulating one sector of commodities, SILVER; they can no longer short it and silver will find its historic ratio to Gold.
Your bank account is still fine. Just understand this though: it would be wise to be mindful of who you bank with and to keep only as much in your bank as you need to operate, all excess capital should be held in cash or precise medals, such as silver.
Thank you.
Actual cash is a small part of money. It should be fine,
After ww2 the allies continued to use nazi paper fiat,and it was just exchanged for the new currency when the new Germany was started.
Thank you.
Federal Credit Unions appear to be mostly decoupled from Big Banks Federal Reserve System. Likely less chaos with them. Silver running to $150+ likely takes out BofA (@$85) and Citi (@$133) due to their "legacy shorts". They will be the Bear Stearns and Lehman patsies this time.
I asked the same question a long time ago cuz I was concerned about my extended family and friends not owning any silver or even gold, and when SHTF, what will they do for currency?
No one answered my question, so thank you for asking this question!