Posted on 03/22/2021 9:12:43 AM PDT by aMorePerfectUnion
If YOU would like to be on a CRYPTO PING LIST, please pm me.
I'm linking this for two reasons...
1. We all see the state of the economy
2. We all know what silver and gold are... but fewer are thinking about cryto.This guy is.
PING
Ping to you - (do you want to be added to the crypto ping list, or not interested?)
Cryptocurrency presumes availability of others managing the blockchain.
Off grid? Grid off? No Bitcoin.
Your comment presumes the grid will be off worldwide …
Blockchain is decentralized
In a power outage, you may not be able to access it - like atms
Premise of thread: “economy is screwed”.
How big the gap where ATMs are down but Bitcoin isn’t?
I suspect rather narrow.
Inflation requires velocity of money—and unless .gov plans monthly _big_ stimulus checks every month for years and rent and mortgage forbearance indefinitely, the velocity of money in this economy will remain at a stunning low level.
Poor people just don’t have money to spend, and they are most of the people in the US these days.
Meanwhile illegal aliens and mechanization will crush labor costs.
In addition, other countries are inflating their currencies like crazy, so the dollar remains the biggest boat in a sinking sea.
The world economy is in crazy unknown territory—eventually the whole thing will crash in an insane depression imho.
Silver made it’s last high adjusted for inflation in 1986.
Gold and Silver technical charts look weak.
Watching, but not jumping in.
I have found this guy’s advice is mostly B.S. or recycled from others. He is mainly rich because he got famous for a shtick.
90% Silver Quarters Or Silver Dimes; Pre-1965 Junk Silver Coins
No-one will be able to change a $10,000 Krugerrand or Eagle.
I remember in the early nineties buying Kruggerands for $382.00, average.
Cryptocurrency presumes availability of others managing the blockchain.
Off grid? Grid off? No Bitcoin.
—
Gold has a 6,000+ year history of “just working”. It can’t be destroyed. It can be buried underground or under water and nothing happens to it. And it actually has practical application both a jewelry and as one of the best choices for electrical conductors.
They make silver krugerands now too. I just loaded up on them a few months back.
They make silver krugerands now too. I just loaded up on them a few months back.
“Gold has a 6,000+ year history of “just working”.
It also has a 50 year history of being a rigged market like Silver. The people who control both can control the price at will.
Fear-porn sells, but when does it pay off?
I would like to be added to the ping list, please.
You’re now a Crypto Ping List Insider!
Welcome
I found Robert to have great info that changed my approach to investing.
To each their own
They'll have no problem using their monopoly money to buy a $12B aircraft carrier....
You'll be lucky your REAL money will be able to buy a loaf of bread.
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