Next topic.

Fall of the Petrodollar.
Leads to>
Redemption period. (70% of cash overseas)
Leads to>
Rise of the US Dollar. (Deflation)

What doesn't kill you makes you stronger.

more stimmy to come? people with wheelbarrows of cash, except this time, it’s actually worth something?

i know in the past you said change of system forces disclosure of hidden $.

death of petrodollar means are currency is no longer dependent on oil trade. means we can begin introduction of new forms of energy without disrupting trade / $ strength.

redemption decreases money supply (an effective burn), bringing on deflation. puts people in control. further, encourages and gives need for backing with PM’s or some other tangible asset.

all successful societies have a deflationary currency. not just in terms of decreasing price, but money is a true store of energy and value. work done years ago should still be valued today. and in fact, with technology, it should only be MORE valuable today.

this encourages savers, discourages the need to wildly speculate since interest rates rise and lending / saving generated a low risk high yield return.

Just research Venezuela's hyperinflation as one example. They reset their currency, make changes, lop off zeros - and it never leads to deflation. It's accounting bs. So, I still don't see why or how if we go (arguably there now) into hyperinflation then how does a new currency combat that?

Venezuela was all alone with a crashed economy. They weren't the reserve currency.
70% of USD CASH is not in the USA. If they have to change that for a new $ thru the current banking system they will have to prove where it came from. They wont be able to. Trillions will be left behind causing instant deflation. Of course it will inflate after that but it will have the American economy behind it.

America is the best customer. We buy the most. Other countries don't want us to become poor.

The customer is always right comes to mind.

VK wen moon for physical gold/silver? I’m about to make some large investments into a PM vault exchange. Is the supression almost done?

Make sure it is in your own hands. If it is an IRA rollover..there are self directed.

I was told by Bix Weir- Road to Roota (when his channel was able to take questions) that Vaults are not safe, even with Noble Gold etc. Who really knows though. 🤷‍♀️

i have physical but also need liquid

With everything going on right now with uncertainty, what would u say a person with a million dollars should do?
Maybe knock it into short term CD's for now even though they are low paying along with Money Market accounts?
If stock market crashes like Trump predicted, is our money safe in a Credit Union vs Regular Bank?
I am asking for a friend who recently came into a lot of money.
Scary times.

Im personally going 35% gold, 35% silver 20% crypto and 10% bank but im almost out of the bank due to precious metals backed vaults tied to debit cards and crypto debit cards. This is not financial advice and I’m sure legit financial advisors would say im dumb.

Best place to buy silver?
ty
Crypto Crap going rt over my head. lol

Cant go wrong with APMEX

Ghost Ezra was pushing to buy on Ebay.