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George Borrell's avatar

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.

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Vic's avatar

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? 🤔

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Straw Man's avatar

🤣😂 Laptop from hell

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throwaway's avatar

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.

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George Borrell's avatar

Like Greg stated before, we need a revolution. Not saying war, but we need all together not participate and use other forms of currency.

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Mar 21, 2023
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Straw Man's avatar

Kicked Russia out of swift and stole funds now it’s our turn 🤣😂🤣🤣😂🤣

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Mar 21, 2023Edited
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throwaway's avatar

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.

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Blue Collar Dude's avatar

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

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throwaway's avatar

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.

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Mar 21, 2023
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Blue Collar Dude's avatar

Well hello chat bot. Wave Rider? How about Ride the Lightning?

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Mar 21, 2023
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a2538392909's avatar

The end is always near

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Mar 21, 2023
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Ol Hickory's avatar

Silver under $23 is a an absolute gift right now

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Mar 21, 2023
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President-Elect Zio's avatar

+ 310 % (Silver) vs. + 182 % (Dow Jones)

So YOU tell me who is on the wrong spot?

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the shaman's avatar

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!!

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TimeBandit's avatar

I just knew my S & H green stamps would be valuable someday! 🤔😬😂

For those of us that are old enough to remember them!

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ChrisCoonsToupee's avatar

One of my old houses had those wallpapered on the kitchen walls behind the cabinets for some reason.

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ChrisCoonsToupee's avatar

BoA is about to become DoA.

Got your cash out and/or converted it to something else, people?

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Sylvain's avatar

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

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President-Elect Zio's avatar

@ 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.

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Straw Man's avatar

Being a use car salesman

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Ed Koller's avatar

Inevitable, Just no end to their desperation. Ed

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Copper Skies's avatar

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.

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pete clark's avatar

Bill Holter has also been warning about this for years. A serious dude.

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Vic's avatar

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?

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ChrisCoonsToupee's avatar

Assume it can happen at any time.

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Straw Man's avatar

Like Now

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President-Elect Zio's avatar

not now.

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President-Elect Zio's avatar

no, cannot

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Jeff McRay's avatar

We do know when. Before the CBDC’s come out in July. Are u ready?

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Monty's avatar

How do you know CBDC'S come out in July?

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Dp's avatar

I just hope they smash gold one more time!

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Jeff McRay's avatar

It’s public information. Not overly publicized, though…

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Straw Man's avatar

YELLEN is spreading bank notes across the world I wonder how much is China getting got to keep enemies funded

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