This is how they implement the CBDC, because we will need something to buy with. Can we go back to silver and gold like the Constitution says? I am guessing NO! These politicians are corrupt and it ain't just democrats, it the Republicans too. The deceive you will investigation after investigation. It's all to stall and delay.
Exactly. To force most everyone into the digital is their plan. If a person has funds in any acct, trading acct or otherwise, they will be the “savior” and turn your funds into digital. Then, they will slowly close the vise. Control. 🤔 Humm. Where I have read about not being able to buy or sell without permission? 🤔
I agree with most of that, except with the certainty that this is how they 'successfully' implement it.
They'll fail just like every single past case where currency fails. When you are responsible for overseeing a currency, and you cause it to fail, you lose all credibility it doesn't matter how or why it happened. there is no credibility.
No one in their right mind would ever trust something coming from them. It'll never happen, everything will fail without backed currency and it will be because of their hubris.
I thought everyone knew that warrants for gold and silver were only as good as the paper their written on without a loadout policy. Its not an asset if its not physical.
Price might drop, that's fine, spot was never market value. As far as I'm aware, the smart gold bugs collateralize the gold they hold as debt and use that to invest in something that's not a casino, up until they die where a life insurance policy covers the loan and the gold basis gets upgraded for the heirs.
Guys. Please. Yes you’ll have to read subtitles. But this is really what we are heading for. It’s not a laughing matter. Everyone should watch this and take notes.
There's a series by Ray Dalio on Big Debt Crises that covers this in good detail as well as a case study. I was having an interesting conversation not long ago with friends about this material.
Some interesting insights came out of that conversation such as how the two debt traps that result from printing money and/or not raising interest rates end up looking a lot like variations as a form of the economic calculation problem.
I dont think the credit freeze will be a real problem in El Salvador. Bitcoin will just take over and show the world once again, how its done !
Gold is a good store of value but cannot be used to transact as even if you back it up digitally with a coin then you would need "to trust" a third party and that is exactly what got us in this mess.
We are entering an era where the trust in all institution is gone, be it medical,banking,politics,media, all but lies.
The future lies in decentralization, and why not start with what we decide to trust as money with a decentralized system such as bitcoin.
Then, we can move forward with media maybe with nostr and direct democracy through blockchain
Huge drop in GOLD and SILVER as expected. Note all YouTubers are pumping gold full speed ahead. Always wrong. Always Gold down and gogole is breaking out .. Nice
------------
President-Elect Zio // 1 hr ago
It's just a correction. Ghost is out of the bottle. Feel free to buy Gold and Silver now. Remember: It is about making money not about being "right".
-------------
WaveRider // 1 hr ago
Not until gold crosses 2100 .. I will stay out. Silver is in so called correction for 40 years and people who were holding it are in their graves waiting for it to go up. All sheeple are in Gold now along with AWC YouTubers (Always wrong crowd). Typical top in Gold ... It's possible. > It's just a correction. They are all thinking the same.
---------------------------------------
On January 3, 2000, Silver was quoted at 5.40 USD
Today silver is quoted at 22.3 USD
This corresponds to a plus of
310 % (+ 6.3 % per year)
On January 3, 2000, the Dow Jones was quoted at 11.497 USD
Today the Dow Jones is quoted at 32.460 USD
This corresponds to a gain of approximately
182 % (+ 4.6 % per year)
So what is your Point? Sincerly, your President-Elect.
1oz Copper, Silver, and Gold Rounds for $2, $25, and $2000 barter purchases respectively. No coin collector book required to educate people about junk silver, etc. And lots of small cans of Beenee Weenee.
I have a question. If we feel we should pull cash out of the banks, and I agree with that. What about the “cash” in trading accounts? Are those funds also at risk?
This is how they implement the CBDC, because we will need something to buy with. Can we go back to silver and gold like the Constitution says? I am guessing NO! These politicians are corrupt and it ain't just democrats, it the Republicans too. The deceive you will investigation after investigation. It's all to stall and delay.
Exactly. To force most everyone into the digital is their plan. If a person has funds in any acct, trading acct or otherwise, they will be the “savior” and turn your funds into digital. Then, they will slowly close the vise. Control. 🤔 Humm. Where I have read about not being able to buy or sell without permission? 🤔
🤣😂 Laptop from hell
I agree with most of that, except with the certainty that this is how they 'successfully' implement it.
They'll fail just like every single past case where currency fails. When you are responsible for overseeing a currency, and you cause it to fail, you lose all credibility it doesn't matter how or why it happened. there is no credibility.
No one in their right mind would ever trust something coming from them. It'll never happen, everything will fail without backed currency and it will be because of their hubris.
Like Greg stated before, we need a revolution. Not saying war, but we need all together not participate and use other forms of currency.
Kicked Russia out of swift and stole funds now it’s our turn 🤣😂🤣🤣😂🤣
I thought everyone knew that warrants for gold and silver were only as good as the paper their written on without a loadout policy. Its not an asset if its not physical.
Price might drop, that's fine, spot was never market value. As far as I'm aware, the smart gold bugs collateralize the gold they hold as debt and use that to invest in something that's not a casino, up until they die where a life insurance policy covers the loan and the gold basis gets upgraded for the heirs.
Guys. Please. Yes you’ll have to read subtitles. But this is really what we are heading for. It’s not a laughing matter. Everyone should watch this and take notes.
https://youtu.be/Zsqa-YHE36A
There's a series by Ray Dalio on Big Debt Crises that covers this in good detail as well as a case study. I was having an interesting conversation not long ago with friends about this material.
Some interesting insights came out of that conversation such as how the two debt traps that result from printing money and/or not raising interest rates end up looking a lot like variations as a form of the economic calculation problem.
Well hello chat bot. Wave Rider? How about Ride the Lightning?
The end is always near
JSA ...
Silver under $23 is a an absolute gift right now
+ 310 % (Silver) vs. + 182 % (Dow Jones)
So YOU tell me who is on the wrong spot?
Greg is always right.
Something big is coming they are smashing the gold down today while all the banks are burning.
They spread slogans to the media that everything is fine.
It means that everything is wrong and catastrophe is coming at any moment!!
I just knew my S & H green stamps would be valuable someday! 🤔😬😂
For those of us that are old enough to remember them!
One of my old houses had those wallpapered on the kitchen walls behind the cabinets for some reason.
BoA is about to become DoA.
Got your cash out and/or converted it to something else, people?
Hey Gregory not to change the subject but you need one of these.😛
https://www.hagerty.com/media/news/1025-hp-demon-170-dodge-challenger-last-call/?hashed_email=03a8aa290b462bd3a6abda7d5c5bd9ec23ed3e27ca4afa384b55608658292c34
I dont think the credit freeze will be a real problem in El Salvador. Bitcoin will just take over and show the world once again, how its done !
Gold is a good store of value but cannot be used to transact as even if you back it up digitally with a coin then you would need "to trust" a third party and that is exactly what got us in this mess.
We are entering an era where the trust in all institution is gone, be it medical,banking,politics,media, all but lies.
The future lies in decentralization, and why not start with what we decide to trust as money with a decentralized system such as bitcoin.
Then, we can move forward with media maybe with nostr and direct democracy through blockchain
@ WaveRider
-------------------------------------
WaveRider // 2 hr ago
Huge drop in GOLD and SILVER as expected. Note all YouTubers are pumping gold full speed ahead. Always wrong. Always Gold down and gogole is breaking out .. Nice
------------
President-Elect Zio // 1 hr ago
It's just a correction. Ghost is out of the bottle. Feel free to buy Gold and Silver now. Remember: It is about making money not about being "right".
-------------
WaveRider // 1 hr ago
Not until gold crosses 2100 .. I will stay out. Silver is in so called correction for 40 years and people who were holding it are in their graves waiting for it to go up. All sheeple are in Gold now along with AWC YouTubers (Always wrong crowd). Typical top in Gold ... It's possible. > It's just a correction. They are all thinking the same.
---------------------------------------
On January 3, 2000, Silver was quoted at 5.40 USD
Today silver is quoted at 22.3 USD
This corresponds to a plus of
310 % (+ 6.3 % per year)
On January 3, 2000, the Dow Jones was quoted at 11.497 USD
Today the Dow Jones is quoted at 32.460 USD
This corresponds to a gain of approximately
182 % (+ 4.6 % per year)
So what is your Point? Sincerly, your President-Elect.
Being a use car salesman
Inevitable, Just no end to their desperation. Ed
1oz Copper, Silver, and Gold Rounds for $2, $25, and $2000 barter purchases respectively. No coin collector book required to educate people about junk silver, etc. And lots of small cans of Beenee Weenee.
Bill Holter has also been warning about this for years. A serious dude.
It’s coming. But when? That’s what we don’t know.
I have a question. If we feel we should pull cash out of the banks, and I agree with that. What about the “cash” in trading accounts? Are those funds also at risk?
Assume it can happen at any time.
Like Now
not now.
no, cannot
This is our timeline:
https://cbdctracker.org/
We do know when. Before the CBDC’s come out in July. Are u ready?
How do you know CBDC'S come out in July?
I just hope they smash gold one more time!
It’s public information. Not overly publicized, though…
YELLEN is spreading bank notes across the world I wonder how much is China getting got to keep enemies funded