In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. If there were, the government would have to make its holding illegal, as was done in the case of gold under President Franklin Roosevelt. If everyone decided, for example, to […]
How To Use Gold & Silver Coins Intelligently. For Those Who See A Need To Be Prepared – Others Can Feel Free To Suffer The Consequences.
The following list of values is based upon the date noted. It fluctuates daily. The purpose of this type of charting is so you can see how easily you can make change and pay for things in gold and silver when the paper currency fails which all paper currencies throughout history have done – […]
Silver is the common man’s money. Silver is typically worth, on an historical basis, 1/16th of the value of gold. Right now, it’s worth approximately 1/70th of the value of gold. Meanwhile, J.P. Morgan Chase Bank (A Rockefeller Institution) is holding 800 million ounces of silver. At today’s price, that amounts to about $12 billion. […]
The chart below shows the darker bars which reflect inventory being held, but not for sale, at least not at today’s prices – people are holding this gold. The light yellow bar reflects what is available to buy now – which is not much! The big squeeze is on! Feel Free To Pass On Any […]
Future Of Money? Jim Ricards is a very intelligent and articulate economist who is neither Keynesian nor Austrian, although he leans Austrian. Feel Free To Pass On Any Posts – Pen Pensamiento Peligroso writes the truth as he sees it, and if it upsets you, then it makes you think! http://www.touchstoneconnect.com Subscribe for free […]
If there are over 1,400 cryptocurrencies, how does a retailer or individual know which ones are legitimate? How do they know the value of those cryptocurrencies. Don’t get “value” and “price” confused. 1 oz. of gold minted 1000 years ago, is still 1 oz. of gold. That value never changes, but the price of […]
Discovery Channel Documentary On Bitcoin Pen does not endorse Bitcoin, and has reservations about it. Below, are previous posts that expose some of the problems of Bitcoin. Nonetheless, Pen is encouraged by anything that puts the BANKSTERS on the ropes (so to speak). VIDEO – BITCOIN & BLOCK CHAIN VS. HASHGRAPH. THERE’S NO COMPARISON – […]
Hashgraph can handle hundreds of thousands of transactions per second while Bitcoin can only handle 3 per second! How much sense does that make? Hashgraph is “greener”, safer, faster and more accommodating. Don’t miss out on the new wave that will change the world. Related previous post: VIDEO – WHO IS THIS GUY? HE’S […]
27 Minute Video – The Death Of The American Middle Class – Debt, Debt, & More Debt – Banks Own It All!
Thomas Jefferson Quote: “If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered…. I […]
Greg Hunter conducts a fascinating interview with Cliff High, former top mucky muck “techie” with Microsoft. Imagine silver at $600 an ounce or more! Imagine Bitcoin at 16,000 +! Should I be chagrined because I didn’t buy Bitcoin at $5 a few years ago? See link below: Bitcoin’s Future Relative to Gold & Silver – […]