The dollar is dead. The Madman DJT want a wall to keep you inside so you cant escape.
If he wanted to save the dollar he had allowed Iran and Russia back in, secured transparency and trust. Now he just walk around like a drunk cowboy with an unloaded gun.
I’m not making any bets on who comes out of this economic war the best. USA is or can be self sufficient in oil, energy, food production, vehicles etc and can control global supply lines but is massively exposed on debt, medical, metals and technology fronts. What’s bothering me most is this promotion of yet another fiat currency con in crypto instead of fixing the gold and silver foundation of the US economy.
China has gone a long way to grow its influence over the “belt and road” countries preparing them for the collapse of the US dollar, pushing the importance of commodities and providing options other than the weaponised SWIFT system for trade settlement. Best analyst on this is probably Andy Schectman who’s been beating the drum on the BRICS challenge for years.
The World Central Bank. The United Nations of theMoney Supply..They took the FOREX market off the gold exchange rate that limited NON gold backed currencies on how much gold they could purchase. The IMFU to us and Gold.
Won’t matter what they do or say in the short term. The long term trend is unchanged. To a thinking person this threat appeared desperate and not from a position of strength. If the dollar is so valuable as a unit of account, reserve asset, you wouldn’t have to threaten the world to use it. 🤪
BRICS nations will not take a knee and will laugh back at our Pr3sid3nt’s most recent t@riff comment. I see what he’s trying to do. Defend our dollar. If he doesn’t defend the dollar, he will be the enemy of the FED.
There are over 2.5 million "cryptos," but one of them has 58% of the capitalization. In my opinion it should be considered differently than "cryptos." It is like saying buy stocks instead of narrowing it down to things like meta, google, etc.
Thanks for the explanation. Now I understand what Mark B means, however it seems a bit semantic. It's not like the USA can just say we are leaving FED dollars behind and will return to Treasury dollars (backed by gold & silver) because then our gold/silver/certificates will leave us at jet speed. The last gold value I heard that would satisfy our debt was about $100,000 an ounce. Which would create havoc and hyper inflation (?)
It is an historically ancient bankster scam. Alexander Hamilton and his ilk were instrumental in the implementation of a debt based system in the United States. Arron Burr just couldn't kill him fast enough. There is evidence that Hamilton was a bank agent for the Bank of London. None of it has been substantiated though.
I have watched a few coin shop vids lately. They are overstocked at the moment. Some people are selling because they can make a profit and some are selling to pay bills…
Enjoy life for what it is worth today, tomorrow and as long as you can. Maybe all the signs pointing to hard times are wrong. If and when it goes down, at least you may have good memories .
The main BRICS nations have nothing to back down from. They have every right to transact business amongst themselves in any way they want to. They have seen the control mechanism of the US dollar and the western world mentality of power/control and will successfully circumvent it. Even if there is a war to try and stop them, it will not work.
My first oz of gold cost me 251.00 plus a 20$ premium in 2001.
Looking good to me now.😎
Have a great day everyone!
Thanks Greg!
90:1 ratio - > 10:1 ahead. Dow:Au 1:1 ~8000 = Ag at $800 - swap that shit -or- make it up!
Nice, 2002 thru 2007 were great silver buying years.
The dollar is dead. The Madman DJT want a wall to keep you inside so you cant escape.
If he wanted to save the dollar he had allowed Iran and Russia back in, secured transparency and trust. Now he just walk around like a drunk cowboy with an unloaded gun.
If Alasdair MacLeod is correct then China is sitting on more than 30,000 tonnes of gold.
If China chose to independently reset the gold price that could cause global hyper inflation especially for countries with inadequate gold reserves.
The amount of gold currently held in US repositories is looking significantly lower than the 8,500 tonnes claimed.
This is going to be quite a show. 100% Tariffs versus hyper inflation.
China's economy is in ruins. Foreign investment is gone.
They cannot sell their own junk products to their own people because quality is so bad.
They may have gold, AI and dancing robots, but how they survive their economic collapse is anyone's guess.
Have not even begun to feel the effects of the EVERGRANDE calamity !
I’m not making any bets on who comes out of this economic war the best. USA is or can be self sufficient in oil, energy, food production, vehicles etc and can control global supply lines but is massively exposed on debt, medical, metals and technology fronts. What’s bothering me most is this promotion of yet another fiat currency con in crypto instead of fixing the gold and silver foundation of the US economy.
China has gone a long way to grow its influence over the “belt and road” countries preparing them for the collapse of the US dollar, pushing the importance of commodities and providing options other than the weaponised SWIFT system for trade settlement. Best analyst on this is probably Andy Schectman who’s been beating the drum on the BRICS challenge for years.
The dollar died a long time ago, 1965 to be specific. The dog shit paper we use now is worth nothing.
One dollar equals .03 cents. FRED data.
The World Central Bank. The United Nations of theMoney Supply..They took the FOREX market off the gold exchange rate that limited NON gold backed currencies on how much gold they could purchase. The IMFU to us and Gold.
The dollar is not dead but losing value every day...
It is only dead as a store of wealth, not for exchanging.
Won’t matter what they do or say in the short term. The long term trend is unchanged. To a thinking person this threat appeared desperate and not from a position of strength. If the dollar is so valuable as a unit of account, reserve asset, you wouldn’t have to threaten the world to use it. 🤪
I LOVE metal silver and gold and HEAVY METAL MUSIC!!!!
BRICS nations will not take a knee and will laugh back at our Pr3sid3nt’s most recent t@riff comment. I see what he’s trying to do. Defend our dollar. If he doesn’t defend the dollar, he will be the enemy of the FED.
There are over 2.5 million "cryptos," but one of them has 58% of the capitalization. In my opinion it should be considered differently than "cryptos." It is like saying buy stocks instead of narrowing it down to things like meta, google, etc.
The U.S. dollar is NOT the corrupt fiat dollar!! WAKE UP PEOPLE!!
Gold and silver is the constitutional U.S. dollar. Not the fiat dollar.
The fiat is fake and corrupt, and needs to go down and be removed
Explain, commander
A constitutional dollar is a US minted silver, copper or gold coin of various denominations as prescribed by the Secretary of the Treasury.
Thanks for the explanation. Now I understand what Mark B means, however it seems a bit semantic. It's not like the USA can just say we are leaving FED dollars behind and will return to Treasury dollars (backed by gold & silver) because then our gold/silver/certificates will leave us at jet speed. The last gold value I heard that would satisfy our debt was about $100,000 an ounce. Which would create havoc and hyper inflation (?)
The point of this diatribe is to define constitutional money, not its actual reemplemtation.
I have no meanness to anyone on this site
Snow can be yellow.
Affirmative
Most people have no idea that the federal reserve central bank is not a part of the U.S.
They literally only print money and lend it to the United States and then collect taxes on the fake money they lent
I can only hope that the corrupt fiat dollar goes away
Replaced with what?
It is an historically ancient bankster scam. Alexander Hamilton and his ilk were instrumental in the implementation of a debt based system in the United States. Arron Burr just couldn't kill him fast enough. There is evidence that Hamilton was a bank agent for the Bank of London. None of it has been substantiated though.
Read some articles saying silver does not sell well right now.
Did an experiment.
Took one thousand dollars spot worth of coins to two different coin shops. One offered seven hundred twenty and the other offered seven hundred sixty.
Keeping my position but buying no more. Have not tried gold yet.
Online sellers like JMB will buy back at spot if you buy from them. Add taxes insurance and shipping.
Coin shops are ripoffs.
I have watched a few coin shop vids lately. They are overstocked at the moment. Some people are selling because they can make a profit and some are selling to pay bills…
Check this out. It seems FEMA held gold.
https://www.youtube.com/watch?v=RKyZ4-1ednE
Putin is laughing at Trump....LOL
He ain't the only one.
In think Trump & Putin will have the last laugh !
Maybe. Rest assured, however it goes, it's gonna suck for us.
Waiting for the battle to start is always the hardest part.
There is a war coming. America will be struck hard.
Use the time to prepare.
Suggestions on how to prepare for war?
... by failing to prepare you learn to prepare. Start germinating seeds - you'll quickly learn what I mean.
Depends on if fighting is your game.Training in weapons, tactics, first aid and survival.
No one is really ready for war. Preparing is doable.Get training, gear and supplies.
Mobility and concealment is my goal until circumstances require other options. Holding static positions may not be possible.
Knowing the caliber of all your posts, this one causes me to rethink 2025 plans
Enjoy life for what it is worth today, tomorrow and as long as you can. Maybe all the signs pointing to hard times are wrong. If and when it goes down, at least you may have good memories .
The main BRICS nations have nothing to back down from. They have every right to transact business amongst themselves in any way they want to. They have seen the control mechanism of the US dollar and the western world mentality of power/control and will successfully circumvent it. Even if there is a war to try and stop them, it will not work.
Metd looks good here