Why are Gold, Silver and Bitcoin prices so stagnant? Here’s the Answer! March 12, 2020,
One of the funniest things I see are people who stock up on Gold and Silver, who can’t or who have never fired a gun! A simple wake up call to all you Gold bugs, if you can’t protect your property during periods of anarchy, don’t bother making yourself a target. If you’re assuming that your government is going to lose control of the situation, only buy gold, silver, and bitcoin if you have the HEART to protect your property.
Most people who hoard Gold and Silver without hoarding the other precious metal guns and ammo, clearly don’t know how anarchy works. The reason people want a well designed Republic is that in an anarchy state, you’re 100% responsible fr protecting your own property if you think Police are inefficient now, consider what would happen if the government loses control.
A reminder when you purchase Gold and Silver bars or coins, the insurance for such items if you’re smart enough to purchase insurance is based on the value of fiat currencies, so in the event, someone robs you of your property whether it’s in your home or you left it in a fault somewhere, those assets are gone and chances are you’ll be lucky to get Fiat cents on the dollar. I mean really how much time will have to negotiate with an insurance company who probably being going bankrupt.
With that set-aside, Zimbabwe as an example has already found a way to ban Bitcoin, yes more developed countries like China already ban bitcoin, but I bring up Zimbabwe because if Zimbabwe can ban bitcoin, what good is bitcoin during times of anarchy? This is not to say that a person shouldn’t buy Gold or Silver, but Gold and SIlver skyrocketing to the moon in fiat dollar terms is only as good as the infustructure for a precious metals monetary system.
Most Gold and silver stocks don’t pay dividends, you essential buy and hold with the hope one day in the future you can cash out. Good luck with that! If you’re a volunteer who has worked in third world countries, you’d know already know that in times of anarchy or even in times when your country is being ruled by a dictator, wealth is derived via bartering. Gold and Silver is only as good as your ability to barter. If you’re a hoarded of liquid assets, you’re a sitting duck waiting to get plucked if you don’t know how to negotiate.
I get that god bugs would like to wish the world were the way they imagine, but morality is subjective when you’re starving. When the government fails, what tends to happen first are thieves start to take over, then eventually when people realize that the government has lost control, then the dead in Christ shall rise first which means those of us who play nice just for the goodwill of society will start to assert ourselves because there is no way in hell I’m being ruled by thieves and criminals and when people like me have been given a reason to restore order in society, be aware that everyone has to do their part.
You could play the role of Wildebeest and all power to you if you can pull that off while hoarding your gold and silver. But history is often more complex than simply hoarding liquid assets and hoping to cash out at the expense of others. Gold has been rising and so has silver, but I’m often confused with people who purchase Gold and silver stocks. If you’re purchasing gold and silver stocks what you’re buying, in my opinion, is the company and if Gold and Silver become money and governments are able to hold onto power, do you not see Nationalization?
Central Banks are nationalized, why wouldn’t they nationalize properly managed gold companies? As a buyer of Gold and Silver myself, I comprehend the old saying “guns and butter”. Being that a large chunk of idiots have not only abandoned Christianity but they’ve also tried to discredit it, I’m amazed when I listen to atheists who assume that humans are born with a moral compass 😂.
Morality in the Islamic world isn’t the same as morality in the Western World, now, imagine if a person embraces atheism, oh, oh I know, natural law right? Whose natural law are you referring too? Is your natural law authoritarian or is it based on volunteerism, because atheistic natural law equates to there being no God, no created, we’re all going to the same place when we die, so naturally I can embrace whatever morality I volunteer my humanity too? I find atheists hilarious in their belief that a society absent God can be anything but an authoritarian government.
We separate church from the state because people have the choice not to give their lives to God. Suppose a person decides not to give their life to the government, that person would be considered a delinquent who needs to be monitored in a Xinjiang re-education camp. I think there is a chance for Gold and Silver to rise, but if you’re buying gold stocks you’d better watch those stocks like a hawk because when they go up, chances are they’ll nosedive.
The steady rise of Gold Stocks make perfect sense to me, I think this trend will continue until the global debt is renegotiated. I personally think Donald Trump will win a second term and I anticipate a debt renegotiation of some kind, oddly enough I think this coronavirus is going to provide central banks with a chance restructure debt, which to me could potentially equate to a normalization of interest rates by the year 2022.
In regards to Bitcoin, I like its speculative nature, it’s not a blood in the street type of investment, to me Bitcoin is a sign global prosperity. A large number of people know that central banking is communism, recently even Facebook was turned down by creating it’s own currency tied to fiat dollars. A lot of people understand that central banking needs to be changed, the way how I see it is that money in the future may return to how it was in the past, in which money was more of a convenient bartering tool.
Just like investing in the stock market or purchasing any assets can protect you from inflation, I suspect in the future, gold and a plethora of other assets may have their own currency, which is accepted at the consumer level. One regulation destroyed tobacco, as humanity wakes up to liberty, skies the limit as to what the world might look like in the future.
But I suspect Bitcoin is onto something, the challenge to the U.S dollar will be bartering tool that unlike gold or the U.S isn’t being controlled by a chosen. Instead the chosen form of barter will be decided by the market. Gold has yet to make itself fluid, it’s still clunky, there are still unions and other things that can artificially drive up the price of Gold. The future of humanity is liberty and although we have symbols of liberty, true liberty is ability for people of high moral stature to trade freely without the hindrance of a middle man!
Beware of fools gold!
Why Olin Stock Dropped 11% by 11 O’Clock
| fool.com
Ammo demand is booming, so why is this stock down?
Interesting times head