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To: blam

Hmm...

Buy gold? America hasn’t BEEN on “the gold standard” since Nixon went to Chy-na... or slightly before, I don’t quite recall.

But banks, countries, George effing Soros ALL have YUGE stores of gold (Germany, among other countries, had the devil to pay to force the fed’s gold reserve bank in NYC to cough up the several dozen metric tonnes they’d been holding for them, playing “rob peter and pay paul” so paul will always side with YOU), but there’s no “gold standard.”

You can’t EAT gold.

If it’s value goes up to $5,000 an ounce, and you sell it, but hyperinflation catches up in a few days, you’re no better off than you were before.

Sell the market short. Starting with banks... small ones.


7 posted on 02/10/2021 4:50:06 PM PST by normbal (normbal. somewhere in socialist occupied America)
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To: normbal

“If it’s value goes up to $5,000 an ounce, and you sell it, but hyperinflation catches up in a few days,”

Only a simpleton would sell their gold WHILE hyperinflation is happening. You wait till it’s over and then buy back into the “new” currency, keeping your position in life relatively close to what it was before the crash.
Never sell it DURING hyperinflation to merely buy commodities you should have already had stored.


31 posted on 02/11/2021 8:41:21 AM PST by DesertRhino (Dog is man's best friend, and moslems hate dogs. Add that up. .... )
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