If the whole system collapses, and one literally has no place to go, how will you find someone who gives a flying fuck about gold, or ANYTHING, beside shelter, food, and self-protection?
99% of the planet will be surrounded by everyone else who can’t eat , protect, nor shelter with gold.
If you wish in one hand and sh! T in The other, what do you get? 😜 One of my Dad's best sayings, I sure miss him dearly. Bitcoin is "mined" bought and sold like a commodity. Folks don't be fooled thinking it's a currency. The Stable Coin is just a set of 10010's on the computer...not currency. Sci Fi world is here.
People who posit deflation regardless of ballooning money supply of industrialized nations, especially U.S., are lying or don’t know what they are talking about. If real GDP growth lags froth in money supply for a significant, you can’t escape inflation. Just ask Milton Friedman.
Well, you know what happened to Kennedy, when he wanted (HE DID!!) change dollar to silver dollar, right? He released 1 and 2 dollar silver notes, 5 and 10 dollar notes were in the warehouses and vanished after his assasination.
What happens when they re-flate the dollars purchasing power? Golds value in USD drops back down... Only reason it seems to be worth more dollars is because USD have become worth less based on their purchasing power parity. So is it golds value has increased relative to USD? or did USD value decrease relative to Golds?
Its like buying a house knowing the rate of inflation/appreciation *should* keep growing at a low rate but steadily increase in value over time. And then they let corporations buy single family homes starting with the pandemic which drove UP all home price valuations artificially because corporations were buying them up and renting them back. This infers some legality was created that allowed this context to exist for this very purpose of causing the Rate of appreciation to rapidly increase, which when that Cost increases rapidly across the board, quickly makes people who own homes go underwater and have to pick which bills to pay and which to not. Or sell and go find a cheaper place since the one they own now was artificially raised in its valuation to allow more Taxation of it, nevermind insurance costs doubling year after year since the scamdemic started, to try and force people on the edge Out of their American Dream and into a downsized objective reality.
Lastly, if you're going to buy metals, ALWAYS take receipt of the metals directly. Don't hold certificates which are already KNOWN to be oversold by some 300-400:1.
Right. There is too much counter party risk to allow any corporation/business to hold gold either in certificates or bullion in an account for you. They claim your gold is safe and you can redeem your certificates for bullion. They are lying.
Yup. If you look at usdebtclock.org it shows paper to silver and paper to gold which shows the certificates oversold, so anyone holding paper certificates and not actual gold is gonna be left with that as Toilet paper. Like Stock certs for ipo's that never materialize. :) https://yeagerspouredsilver.com is a good place to get physical Silver at spot prices. I am not affiliated with them, thats just where I bought mine a few years back at 28/oz.
I'm sorry to hear that. Yeah I wasn't looking to buy the metal and spend its value... I bought the metal and took delivery and shelved it. I don't have much, maybe a couple grand in silver. If it goes over 100/oz I'll go trade it back for dollars and clear some other debts. Its sorta ironic how you can use things to hold value, but then have to trade it in for the Current Valuation in dollars to have dollars to spend. cars, tools, actual objective things huh. I don't hold any crypto tho... I feel like that scams being used to offset the derivatives so it can be collapsed at some future point and wipeout the people who still hold it. Hard to spend digitally in an analog world. Guess we'll see tho huh.
Hi Mike, i hope youre doing well my friend. As we talked during pandemic on your channel about the barter and using closed restaurants and food places supplies, i have the feeling, that the best barter currency will be food, booze and energy. It is worth investing in rechargeable techno goods, like batteries , accumulators, solar and wind power generators. Also, because food will be a big issue, especially vitamin bearin vegetables, invest in some plastic or glass greeneries, to grow good veg all-year-round. You may ned to invest in power tools, like a chainsaw, or combustion, however, i would not trust storing fuels as they add biodegradable additives, making it perishable. In this, i would buy or build a still and distillery, to distill bioethanol and consumable-medicinal spirits from grains or potatoes(yep, in Poland we make it from potatoes too, if you are gluten intollerant, you are welcome :P). Alcohol for consumption or medicinal use, can become a good barter good. I can see that the global economic crash is coming faster and faster, with every year. So be warned, be prepared folks... That's it :)
All the confusion in the masses is now coming to the surface, creating the giant cluster..uk we’re seeing! Before 2020, humans only saw a small fraction of each others state of mind, and seem to get along fairly well, despite ‘minor’ differences…customs, religions, etc, not very concerned with politics and it’s evil attitudes toward us.
But 2020 was the point of demarcation!! As the true mental state of individuals surfaced rapidly, the whole human race fragmented! Humanity became the Twin Towers, melting into dust within what seemed like the same 8 seconds it took for the towers to ‘melt’ into dust!
This is a spiritual war! NOT a religious one (although that too is occurring)! Those who walk a higher spiritual path, have deliberately withdrawn from the fray. Become as self-reliant as possible, enjoy nature and those of like-mind in peaceful settings, sadly watching the world burn! Any advice to the masses falls on deaf ears, so we no longer bother. We’ve retreated to our spiritual bunkers and we’ll see how it all shakes out in the end!
This also points to indirectly, The Federal Reserve raising interest rates to address "Inflation". Bernanke., Yellen and now Powell----Monetary Policy CANNOT address Supply Chain disruptions/diversions no matter how high or low they raise I rates and they damn well know it. This is clearly a looting operation which includes "The War" in Ukraine which I firmly believe is a financial war-----One-Party world order, U.S. Fiat versus a Multi-Party world order which is BRICS. We saw the same looting operation in The Soviet Union midst their collapse (like they hadn't been looting Russia/The Soviet Union the entire time prior).
These are Fabian Socialists and are not very bright at that. Their logo is a Wolf in sheep's clothing. They call it Keysian Economics by Keynes would be rolling in his grave at their actions today.
I believe Sound Money will return. The questions is how many of us will be left to partake in this sound money system. They're dropping like flies.
The London School of Economics and their spawn----Columbia, The University of Chicago, Berkeley, etc. etc.---All Fabian institutions.
The big, fatal flaw with Gold; You can't take it with you .
Those who know their God understand the times.
THEY KNOW WHAT TIME IT IS !
Judgment on the Earth
Behold, the Lord lays the earth waste, devastates it, twists its surface, and scatters its inhabitants.
And the people will be like the priest, the servant like his master, the female servant like her mistress, the buyer like the seller, the lender like the borrower, the creditor like the debtor.
The earth will be completely laid waste and completely plundered, for the Lord has spoken this word.
The earth dries up and crumbles away, the mainland dries out and crumbles away, the exalted of the people of the earth dwindle.
The earth is also defiled by its inhabitants, for they violated laws, altered statutes, and broke the everlasting covenant.
6 Therefore, a curse devours the earth, and those who live on it suffer for their guilt. Therefore, the inhabitants of the earth decrease in number, and few people are left. .....
Imagine all the lives wasted over the centuries, devoted to some ghost in the skies, instead of actually living that earthly life to the fullest instead of clutching to myths and legends.
We were given free will and God stands back for us to make our own choices. The sh*tshow is mankind making bad choices. People create their own hell on earth because of these choices. And God waits. The Ten Commandments is a guideline, not a directive. And you see how it is now, when some choose not to acknowledge their creator. Be jaded and cynical if you like. Even if you don't believe, it's still between you and God and the devil if you like.
Behold, the Lord lays the earth waste, devastates it, twists its surface, and scatters its inhabitants. 2 And the people will be like the priest, the servant like his master, the female servant like her mistress, the buyer like the seller, the lender like the borrower, the creditor like the debtor. 3 The earth will be completely laid waste and completely plundered, for the Lord has spoken this word. 4 The earth dries up and crumbles away, the mainland dries out and crumbles away, the exalted of the people of the earth dwindle. 5 The earth is also defiled by its inhabitants, for they violated laws, altered statutes, and broke the everlasting covenant. 6 Therefore, a curse devours the earth, and those who live on it suffer for their guilt. Therefore, the inhabitants of the earth decrease in number, and few people are left.
7 The new wine mourns,
The vine decays,
All the joyful-hearted sigh.
8 The joy of tambourines ceases,
The joy of tambourines ceases,
The noise of revelers stops,
The joy of the harp ceases.
9 They do not drink wine with song;
Intoxicating drink is bitter to those who drink it.
10 The city of chaos is broken down;
Every house is shut up so that no one may enter.
11 There is an outcry in the streets concerning the wine;
All joy turns to gloom.
The joy of the earth is banished.
12 Desolation is left in the city
And the gate is battered to ruins.
13 For so it will be in the midst of the earth among the peoples,
The proposed new payment system for the BRICS countries to replace Swift will use a token currency unit 40% weighted to gold.
“The UNIT (token) is a unit of account of the UNIT ecosystem, representing a proportional share of the underlying UNIT basket, which contains 40% gold and local currencies, freely exchangeable into gold. Each UNIT token is a fully fungible currency unit.
The intrinsic value of the UNIT is derived from the current value of the basket of underlying assets, measured in gold. The economic value of the UNIT token is determined by the supply and demand. The supply and demand are determined by its use as medium of exchange or as a storage of value.”
I don’t get it.
If the whole system collapses, and one literally has no place to go, how will you find someone who gives a flying fuck about gold, or ANYTHING, beside shelter, food, and self-protection?
99% of the planet will be surrounded by everyone else who can’t eat , protect, nor shelter with gold.
If you wish in one hand and sh! T in The other, what do you get? 😜 One of my Dad's best sayings, I sure miss him dearly. Bitcoin is "mined" bought and sold like a commodity. Folks don't be fooled thinking it's a currency. The Stable Coin is just a set of 10010's on the computer...not currency. Sci Fi world is here.
People who posit deflation regardless of ballooning money supply of industrialized nations, especially U.S., are lying or don’t know what they are talking about. If real GDP growth lags froth in money supply for a significant, you can’t escape inflation. Just ask Milton Friedman.
Well, you know what happened to Kennedy, when he wanted (HE DID!!) change dollar to silver dollar, right? He released 1 and 2 dollar silver notes, 5 and 10 dollar notes were in the warehouses and vanished after his assasination.
Dear Michael, who is spraying daily, the western countries from above?
A question that needs an answer….
Why is our airspace not being protected and the citizens below being poisoned and crops destroyed leading to a very harsh winter?
I look forward to your answer.
Respect
Michael.
What happens when they re-flate the dollars purchasing power? Golds value in USD drops back down... Only reason it seems to be worth more dollars is because USD have become worth less based on their purchasing power parity. So is it golds value has increased relative to USD? or did USD value decrease relative to Golds?
Its like buying a house knowing the rate of inflation/appreciation *should* keep growing at a low rate but steadily increase in value over time. And then they let corporations buy single family homes starting with the pandemic which drove UP all home price valuations artificially because corporations were buying them up and renting them back. This infers some legality was created that allowed this context to exist for this very purpose of causing the Rate of appreciation to rapidly increase, which when that Cost increases rapidly across the board, quickly makes people who own homes go underwater and have to pick which bills to pay and which to not. Or sell and go find a cheaper place since the one they own now was artificially raised in its valuation to allow more Taxation of it, nevermind insurance costs doubling year after year since the scamdemic started, to try and force people on the edge Out of their American Dream and into a downsized objective reality.
Lastly, if you're going to buy metals, ALWAYS take receipt of the metals directly. Don't hold certificates which are already KNOWN to be oversold by some 300-400:1.
Right. There is too much counter party risk to allow any corporation/business to hold gold either in certificates or bullion in an account for you. They claim your gold is safe and you can redeem your certificates for bullion. They are lying.
Yup. If you look at usdebtclock.org it shows paper to silver and paper to gold which shows the certificates oversold, so anyone holding paper certificates and not actual gold is gonna be left with that as Toilet paper. Like Stock certs for ipo's that never materialize. :) https://yeagerspouredsilver.com is a good place to get physical Silver at spot prices. I am not affiliated with them, thats just where I bought mine a few years back at 28/oz.
I'm sorry to hear that. Yeah I wasn't looking to buy the metal and spend its value... I bought the metal and took delivery and shelved it. I don't have much, maybe a couple grand in silver. If it goes over 100/oz I'll go trade it back for dollars and clear some other debts. Its sorta ironic how you can use things to hold value, but then have to trade it in for the Current Valuation in dollars to have dollars to spend. cars, tools, actual objective things huh. I don't hold any crypto tho... I feel like that scams being used to offset the derivatives so it can be collapsed at some future point and wipeout the people who still hold it. Hard to spend digitally in an analog world. Guess we'll see tho huh.
Is it best to get physical gold?
Yes, or silver. I would stay away from anything other than maple leafs, gold eagles and other actual coins. There is fraud in the industry as well.
Yes. Silver or gold. Barter items. Small whiskey bottles, preservatives, salt, saltpeter, peppr, spices, meds.
Figures don't lie but liars can figure.
When the Money goes, everything goes. Rules, laws,systems and lives. People become savages.
Thank you for sharing your wisdom. Very much enjoy reading truth.
Hi Mike, i hope youre doing well my friend. As we talked during pandemic on your channel about the barter and using closed restaurants and food places supplies, i have the feeling, that the best barter currency will be food, booze and energy. It is worth investing in rechargeable techno goods, like batteries , accumulators, solar and wind power generators. Also, because food will be a big issue, especially vitamin bearin vegetables, invest in some plastic or glass greeneries, to grow good veg all-year-round. You may ned to invest in power tools, like a chainsaw, or combustion, however, i would not trust storing fuels as they add biodegradable additives, making it perishable. In this, i would buy or build a still and distillery, to distill bioethanol and consumable-medicinal spirits from grains or potatoes(yep, in Poland we make it from potatoes too, if you are gluten intollerant, you are welcome :P). Alcohol for consumption or medicinal use, can become a good barter good. I can see that the global economic crash is coming faster and faster, with every year. So be warned, be prepared folks... That's it :)
I’m sorry but Israel is only showing the world how to deal with an evil, heretofore only imaginable among subhumans. Grow a spine.
Indeed you should be sorry. "Cry havoc and let slip the dogs of war."
Thanks Shakespeare. The only thing we’re sorry about is the world’s Jew hate. A very sad state when the Jew hate rises in the sewer of your heart.
All the confusion in the masses is now coming to the surface, creating the giant cluster..uk we’re seeing! Before 2020, humans only saw a small fraction of each others state of mind, and seem to get along fairly well, despite ‘minor’ differences…customs, religions, etc, not very concerned with politics and it’s evil attitudes toward us.
But 2020 was the point of demarcation!! As the true mental state of individuals surfaced rapidly, the whole human race fragmented! Humanity became the Twin Towers, melting into dust within what seemed like the same 8 seconds it took for the towers to ‘melt’ into dust!
This is a spiritual war! NOT a religious one (although that too is occurring)! Those who walk a higher spiritual path, have deliberately withdrawn from the fray. Become as self-reliant as possible, enjoy nature and those of like-mind in peaceful settings, sadly watching the world burn! Any advice to the masses falls on deaf ears, so we no longer bother. We’ve retreated to our spiritual bunkers and we’ll see how it all shakes out in the end!
That says it all for me as well!
This also points to indirectly, The Federal Reserve raising interest rates to address "Inflation". Bernanke., Yellen and now Powell----Monetary Policy CANNOT address Supply Chain disruptions/diversions no matter how high or low they raise I rates and they damn well know it. This is clearly a looting operation which includes "The War" in Ukraine which I firmly believe is a financial war-----One-Party world order, U.S. Fiat versus a Multi-Party world order which is BRICS. We saw the same looting operation in The Soviet Union midst their collapse (like they hadn't been looting Russia/The Soviet Union the entire time prior).
These are Fabian Socialists and are not very bright at that. Their logo is a Wolf in sheep's clothing. They call it Keysian Economics by Keynes would be rolling in his grave at their actions today.
I believe Sound Money will return. The questions is how many of us will be left to partake in this sound money system. They're dropping like flies.
The London School of Economics and their spawn----Columbia, The University of Chicago, Berkeley, etc. etc.---All Fabian institutions.
Soviet Israel.
Crown, Inc.
The big, fatal flaw with Gold; You can't take it with you .
Those who know their God understand the times.
THEY KNOW WHAT TIME IT IS !
Judgment on the Earth
Behold, the Lord lays the earth waste, devastates it, twists its surface, and scatters its inhabitants.
And the people will be like the priest, the servant like his master, the female servant like her mistress, the buyer like the seller, the lender like the borrower, the creditor like the debtor.
The earth will be completely laid waste and completely plundered, for the Lord has spoken this word.
The earth dries up and crumbles away, the mainland dries out and crumbles away, the exalted of the people of the earth dwindle.
The earth is also defiled by its inhabitants, for they violated laws, altered statutes, and broke the everlasting covenant.
6 Therefore, a curse devours the earth, and those who live on it suffer for their guilt. Therefore, the inhabitants of the earth decrease in number, and few people are left. .....
from Isaiah 24
Imagine all the lives wasted over the centuries, devoted to some ghost in the skies, instead of actually living that earthly life to the fullest instead of clutching to myths and legends.
Tis sad
Ghost in the sky shall terrify 😨 ….you.
Very soon, loon.
Oh noes scary ghost- go back to your wasted life based on unverifiable nonsense.
Hurry now don't want to anger your little invisible friend.
Oh btw isn't he/she/it responsible for what transpires here on earth? Quite the shitshow I'd say.
We were given free will and God stands back for us to make our own choices. The sh*tshow is mankind making bad choices. People create their own hell on earth because of these choices. And God waits. The Ten Commandments is a guideline, not a directive. And you see how it is now, when some choose not to acknowledge their creator. Be jaded and cynical if you like. Even if you don't believe, it's still between you and God and the devil if you like.
Good News, SOMETHING you have to look forward to.
Judgment on the Earth
Behold, the Lord lays the earth waste, devastates it, twists its surface, and scatters its inhabitants. 2 And the people will be like the priest, the servant like his master, the female servant like her mistress, the buyer like the seller, the lender like the borrower, the creditor like the debtor. 3 The earth will be completely laid waste and completely plundered, for the Lord has spoken this word. 4 The earth dries up and crumbles away, the mainland dries out and crumbles away, the exalted of the people of the earth dwindle. 5 The earth is also defiled by its inhabitants, for they violated laws, altered statutes, and broke the everlasting covenant. 6 Therefore, a curse devours the earth, and those who live on it suffer for their guilt. Therefore, the inhabitants of the earth decrease in number, and few people are left.
7 The new wine mourns,
The vine decays,
All the joyful-hearted sigh.
8 The joy of tambourines ceases,
The joy of tambourines ceases,
The noise of revelers stops,
The joy of the harp ceases.
9 They do not drink wine with song;
Intoxicating drink is bitter to those who drink it.
10 The city of chaos is broken down;
Every house is shut up so that no one may enter.
11 There is an outcry in the streets concerning the wine;
All joy turns to gloom.
The joy of the earth is banished.
12 Desolation is left in the city
And the gate is battered to ruins.
13 For so it will be in the midst of the earth among the peoples,
from Isaiah 24
1 word comments are the choice of the SHALLOW empty brains.
Vittorio and Kayla
https://open.substack.com/pub/marcelcousineau/p/vittorio-and-kayla?r=3cw21d&utm_campaign=post&utm_medium=web
The proposed new payment system for the BRICS countries to replace Swift will use a token currency unit 40% weighted to gold.
“The UNIT (token) is a unit of account of the UNIT ecosystem, representing a proportional share of the underlying UNIT basket, which contains 40% gold and local currencies, freely exchangeable into gold. Each UNIT token is a fully fungible currency unit.
The intrinsic value of the UNIT is derived from the current value of the basket of underlying assets, measured in gold. The economic value of the UNIT token is determined by the supply and demand. The supply and demand are determined by its use as medium of exchange or as a storage of value.”
https://unitfoundation.org/