Stacking PM seems to make sense, but what is the answer to eventually redeeming precious metals back into cash if there is no cash but only traceable CBDC or digital stable coins? Who wants to trade their gold and silver for that?
Yes, I’ve thought of that, but we will still need cash for most transactions. Use of money serves a real need that won’t be easy to replace with barter. I wish there was a work-around for that.
yes, fiat is easy to use (whether physical or digital) and I agree- most overt transactions are now and will in the future need to be in fiat. But black markets flourish under tyrannical systems and fiat there will revert and reflect its actual null value.
Diversify your physical commodoties holdings. Do research and use common sense, as you evaluate what items may come into short supply, while retaining unwavering demand, in the near future.
War changes everything. NATO 's unprovoked attack upon Moscow, yesterday -- perhaps the ultimate illustration of the West's inherent bad faith, one day prior to the resumption of Russia-Ukraine peace talks -- essentially guarantees that WAR WILL REACH OUR SHORES.
Put THAT into your Commodities Pipe and smoke it.
Prepare accordingly.
Understand what else is inevitable, so when the time comes you can remain calm and composed in the middle of the upheaval, chaos and pandemonium.
Platinum not likely to be worth more then gold as platinum is mostly an industrial metal and has never been used as money, but it is a decent investment.
Canada sold all of their gold reserves and now has Zero gold reserves, whilst the Canadian loony has lost even more value than the US paper dollar. Both countries are in big trouble.
We now have a deranged Egyptian, here illegally, setting Jewish people on fire with a flamethrower and Molotov cocktails in Boulder Colorado. Coming soon to a town near you!! 🙄
Yes! a deranged Egyptian setting Jewish people on fire with a flamethrower and Molotov cocktails and a deranged Israeli government murdering innocent men women and children in Gaza.....Sad
I am not suggesting that my perception of the latter justifies the former, but why did you not post about the deranged Israeli government murdering innocent men women and children in Gaza?
I watched a business video which described 10 mainstays of American that are going to fail soon. All were national wide & 2 in the Southern states. Their reasons for failure were described. The lower middle class & blue collars are Hugely loosing places where they could afford to buy & of course there are no replacements in existence. Big Lots, Bargain Hunter, At Home, Party City, Comms & the other Southern store, plus Macy’s, Target, Forever21 (a mall store). We are already decimated in our area. ,,,already Closed. Plus Target has virtually nothing on shelves. (Never had macys). We are in trouble right now but most ppl remain under hypnosis. Oh, the Dollar stores are charging over $14 for a half gallon of fruit juice, $8 for a dozen Corporate eggs. I walked thru in shock.
This is easily solvable with money printer go brrr (QE).
It’s posturing from Trump/Powell.
Good news is that the betting markets (bond futures) are betting on rates staying flat - this is normal rate environment and people are delivering.
The federal government is trying to leverage its budget to shift control of assets to the top 1% and their leverage will fail when the cash fails to pay because of the draining of real economic productivity.
Powell will stand ground because money printing to fund tax cuts is inflationary as fuck on asset prices.
The solution will be QE to solve the binomial and levered asset owners losing their equity enabling a redistribution of assets to productive income producers.
Gold and Silver should be bought now more the ever in history period.
GOLD IS KING!
Gold is the money of Kings.
Silver is the money of Gentleman.
Barter is the money of Peasants.
Debt is the money of Slaves.
80% of the American Sheep(people) are slaves...
Having at least 130 ounces of gold in a safe storage is a good number to accumulate.
Stacking PM seems to make sense, but what is the answer to eventually redeeming precious metals back into cash if there is no cash but only traceable CBDC or digital stable coins? Who wants to trade their gold and silver for that?
You will exchange PMs for valuable items...Never give up PMs for fiat.
Yes, I’ve thought of that, but we will still need cash for most transactions. Use of money serves a real need that won’t be easy to replace with barter. I wish there was a work-around for that.
yes, fiat is easy to use (whether physical or digital) and I agree- most overt transactions are now and will in the future need to be in fiat. But black markets flourish under tyrannical systems and fiat there will revert and reflect its actual null value.
Don’t buy into all the fear rumors.
Unfortunately it's over my friend,Don't run from dollar ,do an all out sprint🏃
Diversify your physical commodoties holdings. Do research and use common sense, as you evaluate what items may come into short supply, while retaining unwavering demand, in the near future.
War changes everything. NATO 's unprovoked attack upon Moscow, yesterday -- perhaps the ultimate illustration of the West's inherent bad faith, one day prior to the resumption of Russia-Ukraine peace talks -- essentially guarantees that WAR WILL REACH OUR SHORES.
Put THAT into your Commodities Pipe and smoke it.
Prepare accordingly.
Understand what else is inevitable, so when the time comes you can remain calm and composed in the middle of the upheaval, chaos and pandemonium.
I hope so, i wait since 10 years.
True that!
Platinum is also dirt cheap and will probably surpass gold at some point.
The thing about precious metals,
They never change it’s whatever fiat currency they’re being priced in.🤔
Platinum not likely to be worth more then gold as platinum is mostly an industrial metal and has never been used as money, but it is a decent investment.
Pay off that mortgage and car loan. Stay out of debt.
I am mortgage free debt free, I am 70% Canadian cash 30% Canadian gold and silver mining stocks,,,
Canada sold all of their gold reserves and now has Zero gold reserves, whilst the Canadian loony has lost even more value than the US paper dollar. Both countries are in big trouble.
Hard times require hard assets!
I went through Thatcherism, Reaganomics... Bidenomics, and now the death of Western economies!
We are going to be resource short Earlier than I ever imagined
There are about four months left. I agree with Greg that huge black swan event will occur by end of 2025.
We now have a deranged Egyptian, here illegally, setting Jewish people on fire with a flamethrower and Molotov cocktails in Boulder Colorado. Coming soon to a town near you!! 🙄
Some of it will be orchestrated.
Agreed.
Yes! a deranged Egyptian setting Jewish people on fire with a flamethrower and Molotov cocktails and a deranged Israeli government murdering innocent men women and children in Gaza.....Sad
I’m sure you’re not suggesting that your perception of the latter justifies the former.
I am not suggesting that my perception of the latter justifies the former, but why did you not post about the deranged Israeli government murdering innocent men women and children in Gaza?
Happy Monday ya’ll. Stay encouraged, God is in control!
Throw WW3 into the mix!
This was one of your best articles.
I watched a business video which described 10 mainstays of American that are going to fail soon. All were national wide & 2 in the Southern states. Their reasons for failure were described. The lower middle class & blue collars are Hugely loosing places where they could afford to buy & of course there are no replacements in existence. Big Lots, Bargain Hunter, At Home, Party City, Comms & the other Southern store, plus Macy’s, Target, Forever21 (a mall store). We are already decimated in our area. ,,,already Closed. Plus Target has virtually nothing on shelves. (Never had macys). We are in trouble right now but most ppl remain under hypnosis. Oh, the Dollar stores are charging over $14 for a half gallon of fruit juice, $8 for a dozen Corporate eggs. I walked thru in shock.
Also, Best Buy…..rural areas will not have easy access…this will be horrible.
Dont forget the auto repocalypse.
Right on target g.m. keep the faith
Gold and silver should always be added to a businesses balance sheet, to protect themselves
Dear Gold/BTC heads,
This is easily solvable with money printer go brrr (QE).
It’s posturing from Trump/Powell.
Good news is that the betting markets (bond futures) are betting on rates staying flat - this is normal rate environment and people are delivering.
The federal government is trying to leverage its budget to shift control of assets to the top 1% and their leverage will fail when the cash fails to pay because of the draining of real economic productivity.
Powell will stand ground because money printing to fund tax cuts is inflationary as fuck on asset prices.
The solution will be QE to solve the binomial and levered asset owners losing their equity enabling a redistribution of assets to productive income producers.
Zee need a Great Reset
When…? And , what to do…?!