Petrodollar Dying

in #petrodollar7 years ago (edited)

It sounds scary to think the petrodollar is dying, until you think about the how anything that could replace it will almost definitely be more honest. Even if it were rolls eyes the SDR...

The question for all of us is, which side of the monetary reset (and it will come) we want to be on? In T-bonds and whittled away IRAs or in hard assets, gold and crypto. Don't go all in, but don't be defenseless when the petrodollar does start to implode.

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I do hope this helps someone at least, I have friends telling me how difficult it is to get started buying physical assets. I say, given how important it is to get them, it is difficult to imagine sitting around and doing anything else but getting physical. Perhaps start off with going to the local coin shop to get some silver eagles or canadian maple (don't ever pay more than 10-15% above the XAGUSD or XAUUSD price you see on google).

But eventually you'll need to graduate to some storage outside your house because there's no real point making yourself a target. Then I hope my previous post helps somewhat. It makes a difference to be diversified to physical and with gold and silver, it pays to know who to get it from.

https://steemit.com/vault/@nick17/buying-precious-metals