Silver the way to freedom? Insurance against inflation and financial crisis?

Bubbajay

Veteran
Joined
Oct 24, 2021
Messages
834
The best way to prepare for a financial crises, or any long term crises would be to invest in your neighborhood instead. Get to know your neighbors, and learn valuable skills you could use to barter, or hire out. The value of precious metals is like everything else, its only worth what someone's willing to give you for it at the time. If food, gas, and quality labor are scarce, then silver will more than likely be worthless. If I'm hungry and have two cans of beans, and you have 5 pounds of silver, I'd take the beans every time. Hopefully it never comes to that, but its a reality.

The precious metals market is about the safest thing you can invest in to safeguard against any form of inflation, EXCEPT a total collapse. Inflation makes it seem as though the value of gold or silver is rising, but its just the very weak dollar that makes it seem that way. Plus precious metals values are controlled just like everything else.

Honestly its a catch 22 in a sense. I wouldn't rely on anything during an economic collapse. Make sure you have a wood burning stove in your home and some food is the best starting points.
 

Daze

Superstar
Joined
Jun 28, 2020
Messages
5,826
If silver and gold are so great why is everyone trying to sell it?
Maybe because the one who tries to cut it up into coins and use it will end up like Gaddafi.

Libyans had free education, free health care. The government bought newlyweds a new house among other amenities.


All of it ended when we "brought them democracy" and installed a central bank.

Remember Hitlary's infamous cackle, "we came, we saw, he died"?


Compare this to the US. Where people sleep on the streets while politicians are multi-millionaires who only care about making more money. Just look how DC is in complete support for Ukraine.

To this day English sources still demonize the man.

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What was his crime? Trying to introduce gold currency.


Gold has intrinsic value. But we live in a world where its only use is jewelry or keeping it locked up. No ones going to the market with a gold bar in his pocket.
 

polymoog

Superstar
Joined
Jun 17, 2017
Messages
8,207
If silver and gold are so great why is everyone trying to sell it?
who is selling it? china, india, and russia are hoarding it; anyone who wants to safeguard their money should buy some physical silver or gold ASAP. the crash is coming soon as they want to implement CBDCs.
once the elites cannot control the metals market anymore, silver will skyrocket and return to its historical place as 10% of the price of gold.


How a cyber attack is going to happen on banks.

 
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