Archive for gold

Gold, Savings & Security In The Real World

Posted in Uncategorized with tags , , , , , , on May 18, 2020 by jtoddring

Here is what the crowd, the authorities, and the mainstream media, including the business press, will tell you: It’s called BS.

Think for yourself.

For example, when real inflation rates of 8% or more are counted, money in the bank is losing money, and most investment funds are losing money. Why not just burn it in your backyard over a campfire? At least you could roast marshmallows and hot dogs with it.

Think better. Think for yourself.

Another example is currencies and gold. (Always hold the physical gold yourself, by the way.)

A typical list of top 50 countries by gold reserves lists the US as having roughly 8,000 tons of gold reserves, Germany 3,000 tons, Russia and China 2,000 tons, etc.

Interesting figures. Questionable how much basis in reality they have.

Imagine going to a bank for a loan, and the bank clerk asks what you have for collateral. You say, “I’ve got thousands of tons of gold in a vault in my basement.” The bank clerk asks for proof, and you say, “You’ll have to take my word for it.” The bank clerk then smiles and says,”Sounds good to me. How many more trillions of dollars in loans would you like?”

This is the situation with the US. As the world’s biggest debtor nation, the rest of the world is supposed to smile and take their word for it when the US claims to have 8,000 tons of gold reserves, although nobody gets to see them or take an inventory. 

Sure buddy, we’ll just keep loaning you trillions of dollars forever. Sounds like a good plan to me.

I think Max Keiser is probably right. He said that if the US ever opened its doors to a vault inspection or audit, there’d be nothing there but an old Smith Corona typewriter.

Yet people run to the US dollar as a safe haven? Are they mad? 

The US dollar is strong only in relation to other world currencies that are even weaker. The whole system is broken. Paper money, fiat money, is going to implode. The US dollar is no exception. 

If you want a safe haven, plant a garden. Buy heritage seeds and solar panels. At least buy some gold, silver and Bitcoin.

The US currency and economy is going down, and it will pull down most national economies, and currencies, with it.

Self-reliance, cooperation and community, along with gold, silver and select cryptos, are your best bet; and of course, march: mobility, adaptability, resilience, courage and hope. (Nemonics work too.)

Slash expenses, build community and resilience, and march to the beat of your own drummer.

The elite are unreliable guides at best, and frankly, more often corrupt. Don’t blindly follow or obey authority.

Question everything. Most “news” and most “analysis” is sheer rubbish, propaganda, delusions or lies.

Lemmings do not make good leaders. Do not follow the crowd. They are sleep-walking into disaster.

Be adaptable. Throw out the script. Question everything. Think for yourself.

The people are being devoured by the elite. That is the short answer. It will take courage, cooperation, resilience and resourcefulness to get through this. But we can.

And we will.

JTR,

May 18, 2020

Digital Dystopia & The Killing of Cash – and – Advice For Hard Times

Posted in Uncategorized with tags , , , , , , , , , , , , , , , , on April 19, 2020 by jtoddring

Here is another aspect of the unfolding fascist power grab we are seeing globally in 2020 – along with sweeping powers for governments, suspension of all constitutional rights and freedoms, mass indefinite detainment, global surveillance, and accelerated economic warfare by the 0.1% elite against the 99.9%: fully digital currencies that will track everything you do and everywhere you go, and can conveniently be switched off if you protest, dissent or do not comply with the new order of this Brave New World.

Buy (physical) gold, silver, Bitcoin, heritage seeds, tools, solar panels and land, if you can – individually or collectively. More importantly, slash all spending, and plant a garden. Remember community gardens and guerilla gardening, as well. And fight for your rights. We are losing them fast.

Self-reliance now is a good idea, more than ever. Not isolationism, but self-reliance: there is a difference. (Read Emerson and Thoreau.) Be it individual, family, community, or national self-reliance, or  a combination, self-reliance is a smart idea, always, and especially now.

Build resilience, adaptability, mobility, community, solidarity and self-reliance.

Weather the storm. Keep your chin up. And fight for your rights. It ain’t over ’till it’s over.

JTR,

April 19, 2020

See also:

Digital Dystopia: The Dash From Cash Begins, April 14, 2020, Trends Journal

Credit card size sheets of gold for uncertain times

Posted in Uncategorized with tags , , , , , , , , , on January 31, 2013 by jtoddring

A Swiss-based company has introduced credit card size sheets of gold that can be broken like a chocolate bar into 1 gram pieces, and they are rapidly growing in popularity across Europe – especially in Germany, where the people still remember the massive devaluation of the currency and the pain of hyperinflation.

The current market value of 1 gram of gold is $53 CDN. A credit card size 50 gram sheet of gold costs a little over $2,000 and can be carried in a wallet. 1 gram pieces can be broken off and used as an alternative method of payment.

Gold prices have soared since 2001, up 500% – vastly out-performing mutual funds and other investments. Gold makes sense, especially when currencies are being systemcatically devalued and may crash, as the German mark did in the Weimar republic, when a wheelbarrow full of money was needed to buy a loaf of bread. Get gold now.

New gold for a scary new world – Yahoo! Finance
http://t.co/D6ulPZFk

%d bloggers like this: