I don’t think cryptos are going away. Even if one country tries to block it another country can use it in place of gold. It could wind up competitive. It’s also out of bank and rogue Gov control Amy you own it. When China went to ban it then selfishly tried their own it drive Bitcoin up to 20K.
If I knew how to store it correctly starting back in 2010 or somewhere around there I’d have a lot of it.
There are still people out there that haven even heard of it.
SNG
Here you go Mr Copper. Here’s a good discussion from Mike Maloney on gold, silver, and cripto’s.
For myself, I am not comfortable with the world situation but I am comfortable with the diversification of our assets, which includes close to equal parts real estate, gold and silver phyz, precious metal stocks, and cash or equivalent. As far as crypto’s go, you can’t teach an old dog new tricks so I’ll leave crypto’s to those young geniuses who are standing in line for their Covid-19 vaccine. ;o)
Mr Copper
Yeah if you got a lot of money you could buy tangible assets but for most of us in a depression type scenario we don’t need debt or more taxes. You could rent but if that person loses there job in the fall your gonna have added debt.
They’re going to use this next downfall to try to eliminate cash. You yea tangibles that you can use and gold/ silver can help you hold on to your money when they come to take the digital slash paper notes that’s only backed with credit now not gold. You should of watched some of those Simon Dixion videos I posted one.
I wasn’t aware that Britton Woods fixed it so now once you put your money in a bank you don’t own it anymore.
Since up to 70 percent of the economy taxes come from small businesses and multi nationals have loop holes seems to me they are purposely trying to crash the economy.
Not recession but destroy it.
Banks won’t be safe.
Instead of bailing out banks next time there gonna have a meeting. The countries holding the most gold. We definitely don’t need Biden or Kamila at that meeting but will be the ones with most gold.
That’s when they’re gonna push fir the digital currency. They will say this time their going to bail out the people but with a price to our freedom and owning our own money.
That’s why certain crypto tech stocks are moving along with the cryptos. Gold will also have important value. The US dollar the most heavily traded will too.
This young man has been in stock broking, a market maker, a investment banker.
He also got invested heavily in cryptos.
Yes according to him you can rent your cryptos with reliable people with collateral and cryptos backed by dollar and gold ect.
He warned not to lose money in scares like the next crypto killer ect.
Personally I’d like to see the people purposely destroying this economy and all the people lives they destroyed in GITMO.
Here are dozens of testimonials from doctors all over the world stating their rejection of the Covid-19 vaccine for reasons from the virus is a fraud, to the vaccine has not been proven to be safe, to there is no pandemic so no need for a vaccine
I hope you can open this video and after watching it pass it on. It might save many lives and give many people the courage and confidence to say “no” to the vaccine.
https://www.facebook.com/patrickcoffin.media/videos/2761161717455924/
@goldilocks re 16:57
I know what you mean, if you decide to bail too late. I wasn’t talking about a deflationary real estate crash like ’08. I’m certainly not bullish on real estate investments. I was describing a loss in confidence in the dollar, and our money on the computer, and people getting scared and cashing out of stocks and bonds, and what various directions that withdrawn money would might go. Other than Gold. Some wealthy owners from NYC have been buying houses cash like gold coins. Some might go to bit coin but that’s still nothing tangible near by. They don’t rent them out.
Covid Gulags Coming to America
There is no time to waste if you want to save yourself.
The traitors in DC have it in for you.
Fight back
It’ll be civil war or cession…
…if SCOTUS sticks with the DC parasites after this.
Getting very interesting.
Big crowd expected in DC again this coming weekend.
Any other Charlie Chan buffs out there? (hint: think R640)
Texas suit
The SCOTUS will hear the Texas suit. Louisiana has joined. They are asking for some states elections to be thrown out.
Null and void, baby, null and void. Has a nice ring to it.
Here ya go, Captain…
complacency has gone to ’11’ as the weekly Cboe ratio of volume traded in puts versus calls fell to the lowest since July 2000 just as the S&P 500 Index hit an all-time high.
Source: Bloomberg
What could go wrong?
Especially with global stocks over $100 trillion and massively extended relative to world GDP…
Mr Copper, Give this video about 18 minutes and then please come back and tell me how much better the world is today than it was 40 years ago. This is not conspiracy theory, it is facts happening around the world, and even includes, about minute 18, all the side effects associated with this great Covid-19 vaccine you will “voluntarily” take if you want to live on this planet.
If Trump doesn’t pull the rabbit out of his hole, er hat, this whole scenario applies to America too. Hope you’re locked and loaded my friend, not that it’s gonna make a difference!
Told ya…
…SCOTUS bought off too.
Oh well. America was a nice place to live.
Watch them toss the Texas suit too.
No reasons or explanation.
America now a banana republic.
And they think Trump is an outsider chump.
Oh yes – and the citizens are stupid and to be exploited.
Have a nice day.
Scumbag Alert
Democrat Proposes Tying $1,500 Stimulus Checks To COVID Vaccinations
Mr Copper 16:06 plus
It might be too late by then less they get word out days before. Even then it would take awhile to have it “ gold” gathered and sent.
In a crash real estate as we saw on 08 probably won’t help and might just be a extra financial debt less you can make use of it or have a sure renter. High end might have a harder time with that less moving from another country worse off and good luck selling it till things calm back down and who knows how long that will take or depending wcs if ever in our life times anyways and certainly Soros but karma. Yust don’t know lol
Yep on being close to food sources. I’d rather be in north cal which I am than south cal in that case. You’d have a lot of competition though. I used to live in southern Cal and would come up here to hunt and fish. There were rivers where good fishing like the Kern river Id water raft too. You could get up at 5 or 6 am go get breakfast in some cases a few minutes minuet time cleaning a fish. I’m guessing in a bad situation it could get quite crowded.
If it were work at home that caused it it wouldn’t be sudden. It was sudden at first and luckily I sensed it coming so stocked up on things but as time went by even with many people now working at home it came back. It was then no work at home just stuck at home thanks to those idiots wanting to kill off all the small businesses to make America UN GREAT again. Then this mayor in southern cal plus Gov started up again while going out to 300 a plate dinner themselves.
@goldilocks
Right food shortage is a potentially big thing. We have a lot squirrels around here. Bay and ocean near by for fish. Or move to where food is produced, cattle states, or be near commercial fishing towns. Maine lobster sounds good. 🙂
The toilet paper shortage is related to people working at home. And hoards of bulk toilet paper and not getting consumed in various buildings. Its different packaging not going to super markets.
@goldilocks re 15:17 Watch For Signs, Of Course
If things start crashing, the signs will be obvious. At that point, you just log onto the best US Mint direct buyer dealer, and wire transfer what’s left in the IOU paper account, of profits, and convert it to the tangible of your choice. Naturally a safe deposit box might be a problem.
An old fashioned post hole bank would be better. 🙂 Or maybe buy a piece of real estate immediately and wire the money to the seller. Just put the fake surprisingly functional money on things that take up space and have weight.
I don’t they’re going to capitalizing on anything, like what? They are all in the same boat. Gates, Soros, all the multi billionaires, are also sitting on IOUs. They will have to do the same things. Wire transfers to Gold dealers, $50 million dollar Ocean Front estates in the Hamptons or Ca etc, or in THEIR tons of fake money they need diamond dealers.
Mr Copper
From what I heard it that most states don’t have food supply shortages, only the states locking down so they’re creating the problem.
I noticed toilet paper gone again as well as power drinks.
What people can miss in a food scare is protein and vitamin powder that could come in handy if anything was prolonged you can get that and dried greens veg and instant powdered milk and make Heath drinks.
Maybe Hope?
Supreme Court Formally Dockets Texas Election Case Against Georgia, Michigan, Pennsylvania And Wisconsin
Mr.Copper @ 15:40
Agreed.
It’s been crazy-town for years.
I hope America flourishes in the years to come because as a single entity it will be stronger to fight off the commies – which is basically the rest of the world. Even Canada is a problem now in this regard.
You never know what that nutbar Trudeau will do next.
Cheers
@Captain Hook,
Roger, noted, agree. Thanks. I think all the distortions are righting themselves. In fact, crazy me, I don’t think the commies are intent on bashing Gold anymore. But most gold bugs don’t KNOW that yet. And still have understandable fear, and holding back. The ETFs and futures markets seem to distort values until reality takes hold and says “Holly shit, this lumber or steel or Copper or Gold is too low.
In fact I noticed in the supper market last night, practically no meats beef available. So I asked the butcher, “Whats up? are the people hoarding again? I heard Costco news say that” He said NO. We are NOT, getting deliveries we need. See how the media lied about Costco? Blame game. Blame the CONSUMER. not the distorted “centrally controlled” they know better than the invisible hand of capitalism, manipulated priced commodity markets.
My view is be happy, the smart ass jerks are getting found out and Trump helped a LOT. AS Obama said recently, the “biggest crisis for America, is nobody knows what to believe anymore” and probably years for the days when only THEIR obnoxious stupid views were available via THEIR media. The internet info and reality, inadequate entry level wages adjusted for inflation has culminated. Obama should have said….
“biggest crisis for the central planners, and democrat types is nobody believes THEM anymore, and we have too many problems we created”.
Instead of money and prosperity and reality for Americans, their MAIN objective since 1964 was to teach people how to think, to be concerned about social justice, the blacks the gays, the transgenders and even climate, trees, plastic bags plus animal and fish injustice. But with less money there is less freedom and less justice and money is the most important thing.
Capt Hook 15:15
I think your right. These people are rotten the core.
Mr Copper
If the banks fail and the market crashes all your gains will go with it so hope if you go long watch the signs or move them to safer stocks. Have you noticed all these tech stocks on the move that appeared to be moving along with the cryptos. Up
They’re planning on capitalizing off this perceived cashless one world economy from hell. Likely gold will follow it in the physical first for sure and calls for delivery to those who store it that they might not get. If banks fail their safe deposits will be at risk.
You might not have to go to cash but at first then move to tech or whatever will profit if it happens. If it doesn’t all the better.
I’m pretty sure…
…this is what they mean when they say ‘the fox is watching the hen house’.
Gotta get rid of that electronic voting if America is ever to have an honest vote again.
Have a nice day.