Loading ...“Silver Was Called The Poor Mans Gold” It should have been described as
Silver The Self Employed Cash Business Owners Private Stash Of Cash.
My friend and I were buying and selling small amounts of silver coins with local newspaper adds. I remember well who was buying, and they were NOT poor. I remember one in particular, a delicatessen owner….
“I have $100,000 cash, to invest” Naturally I said I’m not your guy. But anyway we all know what happened to all that unreported cash. It evaporated, taken away, by TPTB punishing the buyers. Also they contracted the money supply to head off inflation. Like a big Paul Volker Sponge Mop.
Bitcoin??? You watch. TPTB will do the exact same thing. They will wait until the right time, and take or sop up all that unreported money away, mop the floor. Then, they can increase the money supply on THEIR side, for infrastructure, space and defense etc.
Mark my words. It may take a few years.