Great Monday Reads
Short note because I felt the need after this mornings reading. Please be aware that the US Dollar has gone from being 73% of the world’s reserve holdings in 2001 to 55% by 2021 and as of today the Dollar is siting at 47% with the largest drop ever last year (here). Further all or most of the financial disasters warned about by Dr. Ron Paul through the 80s, 90s, and early 2000s are materializing in horrific fashion (here). Unfortunately by the time you see this on CNN, MSNBC, or other major outlet it will be far to late and already I know people who wouldn’t listen and thought I was crazy for years that have had their retirement accounts gutted.
Even as these government and cooperate entities of the establishment gut our economic sovereignty that they hope to convert to dependence on the state at least in part. They are setting the stage to seize control of our bodily sovereignty as well (here). Those in the Death Cult that believe the news and think the Government is there to help them will lambast this view. Just as they were all about wearing the muzzle, avoiding their friends, and getting the death jab for years and some still today. I need not mention we all know how that turned out.
Get your money out of anything denominated in US Dollars or any fiat really (many will go down with the US Dollar). Put your wealth into tangible things like land, Gold, Silver, long-term food, equipment to store and process food, arms, ammo, and really anything else that you can have in hand and has the value of utility if nothing else. Retirement funds that can’t be converted to cash and then tangible assets should be moved as best you can to gold or silver ETFS.
The Top is gold and bottom is silver. That is my Gain/Loss column on the year to date tab (it is closely cropped to avoid personal data leakage). It might come that paper golds and silver isn’t worth anything either (in hand is always better), but if it gets to that point then a 401K will be the least of your concerns. At least for now however I wouldn’t be in stocks, bonds, or any fiat if I could avoid it.
Disclaimer time…. I am not an investment professional, butcher, baker, or candlestick maker (even though I have done all three). I am an IT guy who has been doing IT stuff and data analysis for almost 30 years. This article should be taken as my opinion and demonstration of what I have done not as financial advice. You need to look at all available information and decide for yourself what is the right course of action.
Be careful, be aware, and be safe God bless you all.
Philippians 4:6
6 do not be anxious about anything, but in everything by prayer and supplication with thanksgiving let your requests be made known to God.
-Sam