Posted on 01/14/2025 11:48:16 PM PST by SunkenCiv
Try burying your USD’s dollars or E money and then see what it will be worth in 1,000 years.
Gold and silver has been wealth for centuries. Paper currencies are for spending, and quickly as they are losing purchasing power every day.
Why do people save (“ hoard” ) something that continuously loses it’s vale?
Watchers of The Curse of Oak Island will know….
Value is based on scarcity, and since no one is likely to be using actual physical currency in 1000 years, a hoard of US coins and/or paper money will be valuable as collectibles.
Gold and silver are bound to be found in and processed out of asteroids in vast amounts. All the gold ever mined on Earth would make a 80-90 foot cube, scarce, hence, value. It’s a commodity, nothing more.
Value is based on scarcity, and since no one is likely to be using actual physical currency in 1000 year
—————————
That wasn’t true for the last 5,000 years. Those that forget history……
Currency only goes back to ancient Lydia, but nice try.
“Gold and silver has been wealth for centuries. Paper currencies are for spending, and quickly as they are losing purchasing power every day.”
This contradicts your recent financial advice to accumulate US dollars.
Here is another recent interview of Armstrong, just for you. This is his third or fourth interview this year.People are starting to wake up. Enjoy.
https://www.youtube.com/watch?v=jeRULt4PDBM
Texasgator, be sure to listen carefully, take notes ( for comprehension).
Armstrong Economics: https://www.armstrongeconomics.com
Follow Armstrong Economics on X: https://x.com/StrongEconomics
00:00 Introduction
00:49 Predictions for Trump’s Term
14:55 Canada’s Political Turmoil
21:20 State of Free Speech Online
24:03 Fall of Assad in Syria
29:03 Russia-Ukraine Conflict
34:53 Risk of Nuclear War
I am more interested in whether you still predict a US civil war starting next week.
Here is the record of you agreeing with Armstrong that a civil war will soon start resulting in the breakup of the US into four new countries:
To: delta7
“When Trump is reinstated as President, I am sure he will call upon Armstrong for some advice ( like he did during his last Presidency).”
Which country will Trump lead when the U.S. breaks up into several countries?
4 posted on 10/29/2024, 11:59:43 AM by TexasGator
To: delta7
“US break up occurs further down the line.”
Then you don’t believe Martin’s 2026 year?
7 posted on 10/29/2024, 12:26:50 PM by TexasGator
Your #12
To: TexasGator
Then you don’t believe Martin’s 2026 year?
———-
I do,
https://freerepublic.com/focus/f-news/4274264/posts?page=12#12
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.