Gold, we know its worth something, looks good on your finger or as accessories and has been valuable throughout the ages.
I started thinking about it a bit more when you see all of those commercials from different brokers, pawn shop owners and jewelers. You know the ones, “Give us your unused gold and we will give you cash!!”. Like this sheister
That should have sent the red flags up immediately! These people are spending allot of money on T.V. advertising to get grandma’s jewelry and give you CASH! So what’s in it for them? With the dollar tanking and the price of gold rising the elites are dumping their fiat currency as it is becoming very apparent it is loosing its value and hedging their assets with gold and silver. (not to mention real estate- thus why the banks are doing massive foreclosures and seizing property)
Seems really nice and convenient doesn’t it? So when the crash happens you will be holding a bunch of really devalued or worthless money. When times are bad gold and silver are the commodities of exchange and that’s the way it’s been for all of history.
A really good fella Ive run into through my travels does a newsletter dealing with silver and gold and everything about how this all works called the Road to Roota Letters by Bix Weir. Bix also offers a free newsletter with updates and is really informative with fantastic research.
On another note is seems the cupboard is bare! Fort Knox gold may be just gold plated tungsten as found out by some banking houses that had gold with the Fort Knox seals on them!!
Hyperinflation is the buzz word for when money becomes so devalued you need more and more money to buy the things you need. For instance when a loaf of bread costs about 2 bucks in hyperinflation it could cost about 200! Its happened before and could easily happen again, especially when governments repeal laws put into place to make sure that doesnt happen.
The following video(s) shows an illustrative example of what your local grocery will look in a state of hyperinflation such as Zimbabwe’s.
This pic as seen below here is kids in Germany during the 1930’s playing with money. The money was actually that devalued to the point of being worthless.
Some good examples of Hyperinflation around the world can be found here. Hold on to that silver and gold friends and dont get duped into selling it for cash. Silver and gold coins are pretty safe just be careful buying bars. -EvS