Just a quick post to share my thoughts on the World and it's monetary system as we stand today. As we all know we are living in a debt based society where the central banks rule our lives and our children are born into the world with a huge debt that they will be working to pay-off for the rest of their lives. Among others, in the form of TAXES.
As the saying goes... Two things in life are sure: Taxes and Death.
I want to stress the fact that this is not necessary! Don't get me wrong though, I am not saying; "Don't pay your taxes." I would though, like to share my understanding of the system we live in and offer you all some insights into freeing yourself from modern day slavery and how to make substantial gains while you are at it... I am referring to the bank and government imposed slavery. Sounds good?
KEEP READING THEN!
As we know we have now been living in a 0% interest economy for some time. Stocks and bonds are being propped up to look really good by (endless QE) money being printed by our central banks out of thin air. This money is backed by NOTHING! This is, of course, not sustainable and we can see the crash creeping up on us only if we look very closely.
Why would the banks trigger a crash you might ask? Well that is how a wealth transfer takes place. Banks step out of the market causing the stocks to come tumbling down and 'we', the people panic to get out and there you go... The banks get out at the peak of the market, let us scramble to try and save 20-50% of our savings and pensions and then when everything bottoms they buy up even more of the world at just cents to the dollar. Actually pretty simple scam but we are not aware and most people do not even believe that this can be true. Please do your own research! This is very important for your future and that of your loved-ones!
Two options I would like to talk about:
First of all a store of wealth in physical gold and silver as they will rise in price significantly when the multiple bubbles that we have in our current economy burst. In my opinion silver will show even more return than gold as the gold to silver ratio has been on the high side as opposed to historical levels. A very powerful example of the inflationary protection that gold offers is that you could buy a horse for an ounce of gold in 1900 and today in 2017 you can still buy a horse for an ounce of gold. ;)
The second option is crypto currencies (those that are not scams) give freedom to escape the rule and cost of the big banks. It is also apparent that the new financial system will be seated on the blockchain if we make it so. The banks didn't see this coming and are scratching the back of their heads trying to figure out how to control this freedom.
It is good to keep in mind that every currency has it's own life cycle and at some point dies and is replaced. If it were up to the big banks and the elites the new currency would be a global one ruled over by a global bank and a global government. Well, look at the world now... I don't think that that is the path that we should let them lead us down. They have already warned us...
We can take the control over our wealth back! Gold, silver the blockchain and different platforms on it give us the means to do so. Why? How? Simply because gold and silver hold real wealth proven by history to be the only real money as opposed to fiat currency and the blockchain can support a truly free market that is not manipulated!
I would advise you to take a look at the charts showing the history of GDP to USD debt. You will see that things are not going well because the debt is in fact higher that the gross domestic product of the US. Do not forget that the USD is the worlds reserve currency!
https://fred.stlouisfed.org/series/GFDEGDQ188S
Also have a look at the gold price charts and the 40 year peak cycle that you will discover there. That is when you will understand why the year 2020 is mentioned in my title above. ;)
http://www.macrotrends.net/1333/historical-gold-prices-100-year-chart
If you found this interesting please let me know what you thoughts in the comments. Don't forget to upvote and resteem!
Ozz out!
Nice post, upvoted as deserves it!
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Thanks!
Have a great day!
@Ozz
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