yield on 10 yr bond

Food
Water
Shelter
Land
Garden
Family
Serenity
Peace
Strength
Knowledge
Guns
Bullets
Gold
Silver
Crypto
Stocks

What is wrong with diversification?

Commodities.

Wheat
Cattle
Corn
Land

The rest is trash.

Brutal in what way? Most money I've made in the stock market has been from nasdaq stocks, more this year than any year prior and I've been investing for many years. I also hold tons of crypto.

The only place to park your money for inflation is the items listed here. Choose wisely.

[link to markets.businessinsider.com (secure)]

Millions of programmers can write infinite amounts of crypto.

And even monkey liberals can copy the bitcoin codebase and set up their own "Tomcoin, Dickcoin and Harrycoin".
.

Thats right!!!


You cant make crypto's out of thin air.

Yep. been saying that for years. Bitcoin is there to siphon out the stimulus and free money and preserve it. Till the system is reset, which will include a CBDC (digital dollar) - yet the NEW IMF and "basket" if you will, will be BitCoin and other cryptos.

why would governments and central bankers allow people to escape their system when it is easy to stop and easier to replicate and legislate. Funny money is funny money. Gold, silver, and platinum group minerals ftw.

Everything, all the assets, Crypto, even shitcoins, stocks,even shitstocks, are making all time highs and staying up except for precious metals. I know they are manipulated but come on gold and silver are tagging stock markets on the downside but when it goes up Gold and silver are moving sideways. A bunch of kids can make a stock go to the moon and back but so much physical and derivatives buying is barely moving the needle on gold and silver. Silver is stuck at 26 to 27 level with all the hype and alleged shortage. Gold still hasn't found a bottom since last year.

One side argues that Precious Metals can’t be eaten and those holding these bags will be screwed...
The other side argues that Cryptocurrency will be worthless and those holding these bags will be penniless...
I say, BUY IT ALL! If you’re easily swayed by Internet “Experts” and their “Financial Advice”, then you deserve to go broke!

My opinion, BUY IT ALL! BUY GOLD! BUY SILVER! BUY CRYPOS! BUY AMMO! BUY FOOD! BUY LAND!

Diversify! Diversify! Diversify!

In the end, no matter where the Fiat Currency takes us, you’ll have covered all of your bases...

cool story bro

They doublespeak. Reality is, if they can't control it, they won't invest in it because they wouldn't want to take any risk of losing a dime.

inflation is controllable

by lifting interest rates


so the theory of super inflation

is out the window

Every 4 years, the halving causes the price to double because it becomes twice as costly to mine it.

$10k -> $20k
$20k -> $40k
$40k -> ...

This is the minimum growth trajectory for Bitcoin. Of course it can be over- or under-valued at times.

But the break-even for the average ASIC miner right now is about $40-45k...

Miners will more efficient but also way more costly and rarer to come across. Meanwhile, exponentially less Bitcoin becomes available for minting as time goes on.

Bitcoin itself is anti-inflationary. It is practically deflationary.

Explain.

How valuable will gold be when Elon takes a rocket to the nearest asteroid and mines 100 lbs of gold for every person on this planet?

if gold is worthless why does russia and china buy so much of it?

You don’t think alchemy is real and that they know how to make silver and gold? It’s actually easier to make gold than to make silver.

The most valuable “precious metals“ when SHTF will be lead wrapped in a copper jacket stuffed into a little brass casing filled with gun powder. End of story.

US Bonds are finished at the rate Uncle Scam is spending. 1.9 trillion stimulus in a few weeks to be followed up by a 4 trillion infrastructure bill in April.

Investors aren't going to purchase bonds with this level of fiscal irresponsibility occuring.

Digital currencies are a solid hedge against inflation as long as one knows when to bail out at the right time.

PMs still have their value, but will never reach true price discovery until the USD enters a hyper-inflationary phase.

I keep it simple vs what is currently happening.

Digital Currency = hedge vs inflation short - mid term
PM = hedge vs inflation mid - long term

WRONG!!! IT started with the federal reserve act of 1913 which effectively changed the gold standard only requiring the US Treasury to have 40% gold reserver backing the US doallar. The emergency banking act of 1933 effectively eliminated the gold standard and Roosevelt(FDR) was president. What your referring to is Nixon removing the ability of foreign countries to convert US Dollars for Gold.

In March 1933, the Emergency Banking Act gave the president the power to control international and domestic gold movements. It also gave the secretary of the treasury the power to compel surrender of gold coins and certificates. The administration waited before employing these powers, in hope that the situation would correct itself, but gold outflows continued.

On April 20, President Roosevelt issued a proclamation that formally suspended the gold standard. The proclamation prohibited exports of gold and prohibited the Treasury and financial institutions from converting currency and deposits into gold coins and ingots. The actions halted gold outflows.

In May 1933, the administration once again weakened links to gold. The Thomas amendment to the Agricultural Relief Act gave to the president the power to reduce the gold content of the dollar by as much as 50 percent. The president also received the power to back the dollar with silver, rather than gold, or with both silver and gold, at silver prices determined by the administration.

On June 5, a congressional resolution abrogated gold clauses in all contracts, both government and private. Gold clauses guaranteed that contracts would be repaid in gold or in gold’s monetary equivalent, at the value set in 1900. A series of cases in the United States Supreme Court upheld the constitutionality of these actions.2

Together, these measures weakened the dollar’s link to gold. The dollar nominally retained its value, but the Department of the Treasury would not exchange dollars for gold and forbade the Federal Reserve from doing so. The administration could, at any time, change the dollar’s value or begin backing the dollar with silver. In the future, the government might (or might not) allow the conversion of paper dollars into gold (or silver or both) at some price that the government would announce at some point in the future. To ordinary men and women, in other words, the dollar’s value in terms of gold (and other goods) was uncertain.

The second phase of the Roosevelt administration’s gold policy began in October 1933 with the inauguration of the gold purchase plan.

This phase involved the deliberate devaluation of the dollar. The government did this by authorizing the Reconstruction Finance Corporation to buy gold at increasing prices. These purchases raised gold’s value in terms of dollars, conversely lowering the dollar’s value in terms of gold and in terms of foreign currencies, whose value in gold remained pegged at old prices.

The goal of these programs was to raise American prices of commodities like wheat and cotton, returning them to the level of 1926, before the beginning of the contraction. This reflation would counteract the deflation that had dragged the economy into the abyss. The reflation would relieve debtors, resuscitate banks, and revive businesses. The reflation would lower prices of American goods abroad, encouraging exports, and raise prices of foreign goods in the US, discouraging imports.

The third phase began in January 1934, with the Gold Reserve Act and a return to stability. The new stability solidified the emergency measures enacted in 1933, resurrected the gold standard, and re-established financial links between America and the rest of the world.

At the time, the Roosevelt administration’s gold policies were controversial. Critics asserted that they were “completely immoral” and “a flagrant violation of the solemn promises made in the Gold Standard Act of 1900” and promises made to purchasers of Liberty and Victory Loans during World War I (Angell 1934, 492). Critics claimed these policies set the stage for an inflation of supply of credit and currency, which would trigger a speculative boom bigger than ever before and eventually end in a disastrous depression (Bullock 1934, 44). Critics claimed that these policies delayed economic recovery by frightening and confusing consumers and businessmen.

Lol, sure it is. That’s why all major countries have been stock pilling metals for years. China was caught selling fake gold bars. I guess they didn’t get the memo that they can just make the stuff.

Can eat 6 out of 16 here.

And just how much is that gonna cost? A lot and that cost will be in the price of gold.

Here's a guy on utube I listen to quite a bit. Steven Van Metre, or the Bond King (self proclaimed). He says the price of gold is indicating that deflation is coming. He knows his stuff, so I can't argue with him. But this may be why they are talking about reparations, a way to flood the system with money. Deflation is terrible for the banks, but good for people (your money buys more).

:rere23:

Man made gold and diamonds cost way too much money for industrial use.

Yes, you can tell man made diamonds from real and real diamond sales have surpassed previous years even through this fake pandemic...

Lab link?

An American Eagle Silver Dollar is legal Tender for one dollar.

It will cost you 37 dollars to purchase one right now from the US mint.

So, how's this work again?

Well put.

You also can't drive a cow, so I guess printing more worthless fiat currency is the only way out of the looming economic disaster we face.

OR maybe we'll all just trade corn kernels and apples for everything - you can eat those.