Fundamentally fiat currency is the root of all evil and Trump can not “make America Great Again” without destroying that system and returning to a sound money system backed by gold.
There are at least 2000 trillion in derivatives and more being added each day and this is backed by 7 trillion in gold. So when the derivatives collapse, they will collapse back into gold. Gold will need to increase in value to back all the derivatives, or the value of the derivatives will need to fall to the value of the gold now backing them, or some combination of the two. Now fiat currency has resulted in all kinds of market distortions to the point that the real value of everything is hard to determine so while I believe there will be winners and losers on the derivatives side of the equation I don’t know who will win and who will lose. However what’s clear is anyone holding precious metals will see their purchasing power skyrocket.
One thing you can measure over time is the value of human labour. Currently were I to convert all of my annual income into silver I would be paid over 3000 ounces per year. Historically, for four thousand years, the value of my labour should be somewhere around 100 ounces. This should give you some idea of how suppressed the value of precious metals is relative to the derivative bubbles built on top of it.
Act accordingly
Fundamentally fiat currency is the root of all evil and Trump can not “make America Great Again” without destroying that system and returning to a sound money system backed by gold.
There are at least 2000 trillion in derivatives and more being added each day and this is backed by 7 trillion in gold. So when the derivatives collapse, they will collapse back into gold. Gold will need to increase in value to back all the derivatives, or the value of the derivatives will need to fall to the value of the gold now backing them, or some combination of the two. Now fiat currency has resulted in all kinds of market distortions to the point that the real value of everything is hard to determine so while I believe there will be winners and losers on the derivatives side of the equation I don’t know who will win and who will lose. However what’s clear is anyone holding precious metals will see their purchasing power skyrocket.
One thing you can measure over time is the value of human labour. Currently were I to convert all of my annual income into silver I would be paid over 3000 ounces per year. Historically, for four thousand years, the value of my labour should be somewhere around 100 ounces. This should give you some idea of how suppressed the value of precious metals is relative to the derivative bubbles built on to of it.
Act accordingly
Fundamentally fiat currency is the root of all evil and Trump can not “make America Great Again” without destroying that system and returning to a sound money system backed by gold.
There are at least 2000 trillion in derivatives and more being added each day and this is backed by 7 trillion in gold. So when the derivatives collapse, they will collapse back into gold. Gold will need to increase in value to back all the derivatives, or the value of the derivatives will need to fall to the value of the gold now backing them, or some combination of the two. Now fiat currency has resulted in all kinds of market distortions to the point that the real value of everything is hard to determine so while I believe there will be winners and losers on the derivatives side of the equation I don’t know who will win and who will lose. However what’s clear is anyone holding precious metals will see their purchasing power skyrocket.
One thing you can measure over time is the value of human labour. Currently were I to convert all of my annual income into silver I would be paid over 3000 ounces per year. Historically, for four thousand years, the value of my labour should be somewhere around 100 ounces.
Act accordingly
Fundamentally fiat currency is the root of all evil and Trump can not “make America Great Again” without destroying that system and returning to a sound money system backed by gold.
There are at least 2000 trillion in derivatives and more being added each day and this is backed by 7 trillion in gold. So when the derivatives collapse, they will collapse back into gold. Gold will need to increase in value to back all the derivatives, or the value of the derivatives will need to fall to the value of the gold now backing them, or some combination of the two. Now fiat currency has resulted in all kinds of market distortions to the point that the real value of everything is hard to determine so while I believe there will be winners and losers on the derivatives side of the equation I don’t know who will win and who will lose. However what’s clear is anyone holding precious metals will see their purchasing power skyrocket.
One thing you can measure over time is the value of human labour. Currently we’re I to convert all of my annual income into silver I would be paid over 3000 ounces per year. Historically for four thousand years the value of my labour should be somewhere around 100 ounces.
Act accordingly
Fundamentally fiat currency is the root of all evil and Trump can not “make America Great Again” without destroying that system and returning to a sound money system backed by gold.
There are at least 2000 trillion in derivatives and more being added each day and this is backed by 7 trillion in gold. So when the derivatives collapse, they will collapse back into gold. Gold will need to increase in value to back all the derivatives, or the value of the derivatives will need to fall to the value of the gold now backing them, or some combination of the two. Now fiat currency has resulted in all kinds of market distortions to the point that the real value of everything is hard to determine so while I believe there will be winners and losers on the derivatives side of the equation I don’t know who will win and who will lose. However what’s clear is anyone holding precious metals will see their purchasing power skyrocket.
Act accordingly