RE: Fiat currency is dying - How will YOU manage when the paper in your wallet becomes worthless? Are you protected?

You are viewing a single comment's thread from:

Fiat currency is dying - How will YOU manage when the paper in your wallet becomes worthless? Are you protected?

in truth •  7 years ago 

This is the primer for those interested in what the "real deal" is in economics today. It's been said on ZeroHedge and other inspiring websites for a long long time. But - if you'd bought silver or gold as a result you are watching the elephant in the room sit on it. And it will continue to sit on it. Crypto is the only place the cental banks are without total and complete domination. They will control the economy for my lifetime and the next hundred years - no problem. Silver will stay below $18/oz. and gold will stay around $1250 an ounce because they can control the market as easily as a whale can control the price of an altcoin. The dollar will appear to be headed towards inflation just long enough to get everyone sucked into a short position and then it will crush every other currency on the planet into oblivion in a massive deflationary move. Why? Because the central banks can make more money if their favorite debt instrument is stronger. So - yes - do get out of debt. Do not count on silver or gold but have a reasonable amount. Do buy land in a democratic country with a small population density if you can. And don't join the army.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Thanks for reading and commenting mate.