Quote:
Originally Posted by bambino
That’s why you should buy silver. The dollar has been losing purchasing power since the early 70’s. Countries are dumping our treasuries and moving away from the dollar. Saudi Arabia didn’t renew the Petro Dollar agreement last year during Biden’s term. None of these things have anything to do with Trump or MAGA.
Fiat currencies always die.
There is strong possibility that the global monetary system may collapse in the near future due to a crisis of confidence in the paper money system. Individuals must realise that the current debt-based model for the monetary system is not sustainable and there will come a breaking point when the government debts become uncontrollable. When that happens, you want to keep your assets in the only real money - Gold and Silver!
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The problem is, with no usage of gold or silver as money since forever, nobody is prepared to take it, test it, and value it.
I have a cow, how much gold is it worth?
It makes ME, milk everyday, what incentive is there for me to trade for something that you can't even wipe your ass with.
I'm sorry, but the way I see it, is, I shoot you and take your cow, and, that's what's going to happen.
Your gold is going to be worthless, my guns and ammo, priceless.
But, lets think positive, and hope that Trump and then Vance, can drain enough corruption and thievery from the budget that it can again be balanced or surplused.
All you fuckers crying about the poor illegals, have no idea what they actually cost US, the taxpayers, or the Govmint PIG we feed.
No currency lasts forever, my thoughts are, it will be far worse, until the next one occurs.
The U.S. dollar heading toward worst first half of year since 1973
