Is this the big one? ( ie how imminent is imminent?- Advice needed)

The world is a strange one. Sometimes before you can rebuild it, you need to have it destroyed first. The destruction of the dollar will actually help the American people. A strong dollar has never been good for American jobs.

This is something which Russia can't see - a strong dollar actually restraints America.

Why is China trying so hard to fix the exchange rate?

Jobs, jobs, jobs.
 
Holdfast said:
Bank run has already started.
Soon, I'd anticipate withdrawal limits.
I wouldn't worry about the exchange rate loss, I'd get the cash.
If there's a loss, so be it; if it worries you, pretend you just went on a cruise holiday.
The most important think to remember is that we do not know what the politicians have in-store for us.
Remember Greece? Over 100, 000 grand in the bank; the government stole it. (Something like that, I can't remember the details)
This is bird in the hand time (cash) you can get folk to do things for cash. Secure the property the best you can, if you can't get it to lock-up stage, you'll need to improvise even if it costs money.
Cash and physical metal "now" is the ticket. If things come good, great, if they don't, you'll need cash.
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I get your sentiment, but with this new digital currency bill angle the democrats are making a condition fo the stimulus package, i wonder if even cash will also become worthless. After all they seem seem to be intent on waging a war upon it.
 
Jason1 said:
if the drug turns out tobe actually effective to save lives and some one has enough meds sitting in the cupboard they dont need because they arent sick so is going to waste but could save half a dozan lives if it was available, then yer I think hoarding silver and gold is likely less harmful for the lives of others compared to hoarding medications.

If it turns out it is completely ineffective and people are hoarding something completely useless while those people who actually need it cant get their meds for its intended use are sitting around in pain for no reason.

the Jury is still out and its not fully proven this med even works
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meanwhile people who actually have malaria die because westerners who are unlikely to die from corona are stockpiling the medicine and driving the price up for poor countries who can't afford it even at the best of time.
 
anglox_b said:
I get your sentiment, but with this new digital currency bill angle the democrats are making a condition fo the stimulus package, i wonder if even cash will also become worthless. After all they seem seem to be intent on waging a war upon it.
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Perhaps cash is already worthless since folk are buying precious metal, but I also know where you are coming from anglox_b.
When the local bullion dealers, and the so called, guru dealers like Schiff, Maloney and the rest of the "crew" stop selling metal for currency, it's time to worry.
Having said that, many of those gurus warn not to hold too much cash, they recommend to hold hard assets (I digress, sorry). I think, in the future, there's going to be no such thing as a USD, it will probably be US crypto format.
Do you have a link to your "digital currency bill" please?
Cheers
 
Yes, they are scared!

Folk may consider, there's a huge amount of extra online traffic on the system, the huge amount of traffic could cause outages.
If there's outages, Eftpos may not work and ATM's could go down.
There's been outages before.
 
Holdfast said:
Perhaps cash is already worthless since folk are buying precious metal, but I also know where you are coming from anglox_b.
When the local bullion dealers, and the so called, guru dealers like Schiff, Maloney and the rest of the "crew" stop selling metal for currency, it's time to worry.
Having said that, many of those gurus warn not to hold too much cash, they recommend to hold hard assets (I digress, sorry). I think, in the future, there's going to be no such thing as a USD, it will probably be US crypto format.
Do you have a link to your "digital currency bill" please?
Cheers
Click to expand...
https://www.forbes.com/sites/jasonb...ation-surfaces-in-the-us-senate/#383c47743866

90579708_10158329345441096_2557496984311169024_n.jpg
 
SuprmeLeadr said:
To be fair, she said no depositor has lost any money held in an FDIC-bakced count since '33 when the FDIC was founded.
They mightn't have lost a penny from the account, but they've lost 97% of their purchasing power.
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We print it out of thin air, lend it to you, charge you interest on it, then tell you it's safe with us while neglecting to mention Greece and Cyprus...
 
Record numbers of new businesses forming just to qualify for free bail out money.
Why didnt I think of that!
 
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