Another installment on documenting what will be the greatest collapse and transfer of wealth in history.
It is Saturday September 17th and we are just days away from what historians will call "the beginning of the end". If you are even half awake to what is going on in the world then it is apparent to you that "something just doesn't feel right". Many people who have no idea what is going on in the world as a whole, let alone the financial and economic world, still have that same feeling of something just being "off".
Let's start with the latest news (because there is so much going on literally on a daily basis that I could write all day without stopping).
If you are not aware, the Chinese currency, the yuan, will be added to what is called the IMF's SDR basket for the first time in history. So what does that mean to us? Well if you are a US citizen, it means your way of life is about to change drastically. Now granted it won't happen overnight, but consider this:
The main export of the United States is the dollar. Every country in the world settles their trade imbalances in the dollar as well as all oil sales being done in the dollar. Because of this, the US has been able to print money with no regard for consequences. Why? Because the law of supply and demand means that as long there is demand, there is "value", and with every country needing the dollar to settle trade and buy oil, it means that no matter how many dollars are out on the supply side there is little concern because the demand is there.
But ask yourself this question, "What if a scenario occurred and there was suddenly little demand for the dollar?" The law of supply and demand dictates that there would be a MASSIVE oversupply and the value, like the value of anything that has large supply but little demand, would plummet.
Many will say that this will NEVER happen because the US is too big on the world economy scale and too powerful to ever let it happen. I would ask those people to name me one empire in the history of world that devalued their currency and continued to be a superpower. Guess what? They can't answer it because it NEVER happened! All throughout history, you see empires collapse not because they were overpowered militarily...it is because they have IMPLODED!
Ok, so what....maybe I am Spanish or Canadian or Chinese....what do I care what happens to the US dollar. Bottom line is, the world and its trade is SO globalized these days with the hundreds of trade agreements, that if the US (or Germany, China or any number large countries) collapses, it takes the whole world down with them.
Yes folks, there is about to be a crash of all economies and currencies of biblical proportions. The central banks of the world have run out of tools to try to "fix" it...they know it and all they can do now (and have been doing literally since the crash of 2008) is prop it up as long as they can...and kick the can down the road as far as possible. It won't make any difference in the end, the bigger this bubble gets the louder and stronger will be its pop.
Are you prepared? Do you know how to prepare? Are you going to wait until the last minute or until the stores shelves are already empty or until you walk into a store and suddenly your credit/debit card doesn't work because the banks have already failed? Or will you have a pocket full of cash that will do you no good because it is so worthless that the shopkeeper doesn't even want it? It's coming, folks. Whether or not we want to keep our head firmly planted under the sand and pretend it's not true makes no difference, because it IS coming.
Time to pick your head out of the sand, look around and realize that NOW...RIGHT NOW...is the time to do what the central banks and billionaires are already doing...trade those soon to be worthless fiat dollars for some hard assets, especially gold.
And contrary to what THEY want you to believe, gold is the only true money and you don't have to be wealthy to acquire it. We have found a way to secure gold by the gram..amounts everyone can afford.
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Gold bullion cards guarantee stability and to serve in times of economic upheaval as a possible payment and also a medium of exchange. Owning gold in smaller, more transaction friendly weights are strategically important. It is wise to buy our small units-karat bullion bars to protect capital.
And besides being a customer, you can be a part of whole revolution as an affiliate and make a potentially full time income just showing others how to be prepared for what is surely coming.
For you and your family's sake, please don't wait until it is too late....
Totally agree about a collapse coming. I am happy to upvote. Now following and looking forward to reading more of your posts. Made an interesting post earlier on about the future of Social Media. You may like to see it. Catch us also on Twitter Twitter✔. Cheers. Stephen
There is much more to say and hopefully it will wake the populace up...and I look forward to reading your posts.
Great article and you make some very valid points. I believe in gold, however, physical silver is a fantastic buy right now and is extremely undervalued. Traditionally, silver gold ratio has been approximately 15:1 and at this time it is trading at around 66:1!! Rather than having smaller gold denominations silver IMHO is a better option, as well as physical fiat currency outside of the bank (under your mattress?) and of course bitcoin. Fiat currency isn't going to die over night and during a crisis you should burn through your currency first.
I have a BBC philosophy to preserve my wealth. Bullion, Bitcoin, Cash in that order of importance.
Agree on many instances...whether gold or silver, we must physically possess one or both to survive what is coming.
What about bitcoin and ethereum?