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114
Gold is $5040.80 as I type this (having touched $5090 a bit earlier), and Silver is $108.88. We haven't really begun to see the knock-on effects yet, but they're coming. - - - The all-fiat dollar is coming to an end. The all-fiat WORLD is coming to an end. And The Golden Age is fast arriving.
posted 148 days ago by Narg 148 days ago by Narg +114 / -0

http://www.321gold.com/

https://www.kitco.com/

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– Cuomos_nipple_rings 9 points 148 days ago +9 / -0

It's still not too late to get some!

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– SOGWAP 1 point 148 days ago +1 / -0

The window is closing. Im taking delivery this week of my last purchase which was10 days ago at 107.00 with the premium. By the time i get it it will break even.

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– ILoveIvermectin 8 points 148 days ago +8 / -0

Happy Ron Paul is live to watch this.

Bet vote ever. rEVOLution.

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– AmateurExpert 5 points 148 days ago +5 / -0

❤️

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– ILoveIvermectin 4 points 148 days ago +4 / -0

It’s happening meme time. .

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– AmateurExpert 1 point 148 days ago +1 / -0

u/#happening

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– AmateurExpert 7 points 148 days ago +7 / -0

It’s odd how when you tell people the answer, they still don’t hear the answer.

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– deleted 2 points 148 days ago +2 / -0
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– Hoosierdaddy 4 points 148 days ago +4 / -0

I understand the fiat dollar is ending, but what comes along to replace it?

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– Slyver 6 points 148 days ago +6 / -0

That's the $64,000 (silver) dollar question.

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– Deplorabledave1957 4 points 148 days ago +4 / -0

Check out US Debt Clock on X. US Treasury note backed by gold, silver, oil, produce, and other American made products like heavy equipment.

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– Honor+Duty 4 points 148 days ago +4 / -0

This. The WH MUST have an alternative to fiat. Switching us to an asset backed currency where only those who have NOT committed crimes against humanity may participate.

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– SOGWAP 2 points 148 days ago +2 / -0

The metals are rhe money, the currency can be any crypto you trust that another will accept. Bitcoin and xrp already are accepted by most dealers in trade for gold and silver.

Junk 90% silver takes 1.40 face value to make one ounce. 14.00 is equivile t to over 1000 fiat dollars. Imagine thst. Just bought an electric bike for 14.00 face value pre 65 silver.

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– DieHeretic 3 points 148 days ago +3 / -0

For all those thinking you are too late to the party, silver is still dirt cheap right now.

If adjusted for inflation and in relation to the price of gold, the current all time corrected high price of silver should be $317 an ounce.

That's three times the current price.

It's coming as the industrial demand is still growing and physical silver in inventories is rapidly dropping, not being replenished.

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– SOGWAP 1 point 148 days ago +1 / -0

The rise in silver is a direct reflection of the reduction in purchaingb power catching up. Convert cash and OF you need cash later you can always sell the silver for a profit.

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– deleted 1 point 148 days ago +1 / -0
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– Narg [S] 1 point 147 days ago +1 / -0

In 1933, a $20 bill could be exchanged for a $20 Gold Eagle American coin, containing ~ an ounce of gold.

Today, gold is currently $5089.50 after spiking to $5100 a few hours ago. $5,000 / 20 = 250, meaning a $100 bill today is worth LESS THAN a SINGLE dollar from 1933. Bread -- GOOD bread, thick and nutritious, no GMO crap, no glyphosate contamination -- used to be a nickel a loaf. Prices of nearly everything are massively higher than they were in my own childhood -- houses, food, you name it.

The world no longer has much faith in the dollar as a store of value. Tuck $10,000 under your mattress today, and how much will it buy next week? Next year? Two or three decades from now when you retire? The value is draining away, and it's happening now fast enough that people are no longer willing to hold dollars like they used to.

That's the prelude to hyperinflation -- when people lose faith in the currency, what's coming is like a run on the bank. Plenty of examples in history.

China and other countries (including Japan, a MAJOR holder of Treasuries) are SELLING billions of dollars of their Treasury holdings instead of buying more. The FED is having to take up the slack. Inflation of the dollar supply isn't the sole reason here, but it's a reason that looms larger every day.

Trump knows this and clearly has plans to deal with it. But I have a hard time imagining there won't be some difficult and chaotic times ahead, before things change and then settle down.

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– TruthSeeker60 3 points 148 days ago +3 / -0

And what Golden Age would that be when my life's savings, as a pensioner, is sitting in a bank and I have no pension, no gold, no silver?

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– Narg [S] 5 points 148 days ago +5 / -0

I honestly don't know the details -- typical of what Trump's planning; he keeps the Cabal and others off guard by insinuating one thing then another thing and then . . . doing something else entirely.

But Trump long ago (1st term) set up EOs that give him the power to CONFISCATE wealth and property from people involved in human trafficking and all sorts of other crime, suggesting possible $Trillions in income. He's arranging to reshore multi-billions (trillions overall, really) of business to this country; manufacturing, manufacturing precursors (iron, rare earths, etc). and more, which will generate wealth for US that is now being sent or created overseas.

And Trump isn't the type of politician to let Americans just rot; he's shown a willingness and ability to marshal financial help for farmers and other groups.

There's a lot more I see him doing (he's suing a bank for $5 billion for debanking him . . . and there's a LOT of bad behavior by banks he's not happy with. I expect changes that will benefit ordinary people.

Workng Americans were FORCED to pay into Social Security their entire working lives, for another example. SS isn't "welfare" -- it's a retirement plan we were FORCED to pay into. One way or another, Trump will make it whole.

So again: I don't have details and I don't have proof of any particular thing that will happen in the future, but I trust Trump (and Q) enough to believe that after a period of crisis -- we're into that already -- things will improve, and probably dramatically.

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– SOGWAP 2 points 148 days ago +2 / -0

Well said narg

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– DieHeretic 2 points 148 days ago +2 / -0

Money in the bank?

You are losing buying power every minute you hold dollars.

You aren't even keeping up with inflation unless your return is over 10% or better.

If you don't want to hold physical silver buy silver mining stocks or silver ETF's backed by physical silver.

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– OldDumGuy 2 points 148 days ago +2 / -0

We would be in the same boat, with at least 60% of retired people. Many younger people seem to think that all older people are extremely rich. cannot say I blame them, our houses may not be pretty but we usually own them. Good fortune to you and yours, have a great week.

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– TruthSeeker60 1 point 144 days ago +1 / -0

Very true! It's all very unsettling as I know what's coming but not sure which way to jump. Enjoy your week too, what's left of it.

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– SOGWAP 2 points 148 days ago +2 / -0

Im a pensioner too but saw this coming in 2012 amd started stacking. Got very educated on silver and gold. Went without things to buy it. I dont think trumps going to let you drown. Dividends will be an annual thing as we are all going to be owners on the companies thst trump lets the people help finance.

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– TruthSeeker60 1 point 144 days ago +1 / -0

Except I live in Europe.....

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– deleted 2 points 148 days ago +2 / -0
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– Tynyyn 2 points 148 days ago +2 / -0

I think someone who is a lot smarter than me needs to come up with a scenario of what America might look like 11 years from now. After President Trump leaves office a new President will step in, maybe for eight years. Will that President continue with Trump's agenda for a new currency or will he go back to the fiat currency we have now? Then after that President fades away what will the next President want to do? Is Trump grooming the next three or four future presidents to carry on his agenda or will there be a sudden pull back from Q's and Trump's goals?

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– DieHeretic 1 point 148 days ago +1 / -0

If this nation does not radically address the mounting debt, both the economy and government will cease to function.

The interest on the national debt, just the interest owed, in a few short years will take up all taxes collected to pay for it.

None of that tax money will go to paying down any of the debt, pay for social programs, military, nothing would be left over after paying the interest owed.

Printing fiat to service that debt is going to happen, as raising taxes to punitive levels, cutting government spending at all levels by more than 50%, and putting the nation into a severe economic recession for ten years or so is the other choice.

That choice would solve the debt problem and save the dollar and the country, but that is a choice no politician will make

The choice that will be taken and looked like to where we are headed will be to inflate the debt away.

Then the inevitable massive crash happens as fiat becomes increasingly more worthless every day.

We are in a debt death spiral right now. We are the Titanic, wounded but still afloat.

For now.

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– SOGWAP 1 point 148 days ago +1 / -0

Tje debt gets solved when the money system changes. Revaluation of Gold is one way. Its going to happen.

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– EZMojo 1 point 148 days ago +1 / -0

Gold-en age.

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– deleted 1 point 148 days ago +1 / -0
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– Narg [S] 1 point 147 days ago +1 / -0

Interesting thought. And maybe it's both!

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– CorpseLivesMatter 1 point 148 days ago +1 / -0

u/#itshappening

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– GodLovingPatriot 1 point 148 days ago +1 / -0

I have silver and gold, I just hope theres a plan for our bank savings. Im not emptying my accounts. We still operate under fiat for now.

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