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Financial News US
@FinancialNewsUS
Financial News US is independent, fact based, objective, transparent and strives to provide accurate "truth-driven"content. Not Financial Advice or Advice.
U.S.A. and proud of it
Joined May 2022
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Real money isn’t made out of paper.
How will the next gold confiscation happen?They will artificially inflate the price of gold(happening now?) n you will willingly sell it back to them for worthless fiat or there will be a manufactured crisis & you will be told👮🏼♂️ it’s your patriotic duty🇺🇸 to turn in your gold👁️👁️
Why doesn’t the U.S. add to their gold reserves? They don’t have to, you’re doing it for them. U.S. consumers and investors buy approximately 175 to 250 metric tons of gold annually, if needed it will be confiscated. Never happen! executive order 6102 look it up?
History tends to repeat itself time and time again. https://t.co/nqgEQn85Nt
The key to bartering in a collapse is to have what other people need🥩🥦🌽🥕💧not to need what other people have.
You can live without gold but you can’t live without food & water. Start with a full pantry🌽🥦🥕🥩 develop gardening skills, raise foul, learn water💦 treatment techniques, protection, the ability to secure your locations perimeter & a secondary location.Then wealth protection.
Copper coinage will be a part of the new monetary system in the future. Gold for the rich, silver for the middle class, copper for the rest of us. Don’t you wish you had saved those copper pennies?
As gold was rising reckless exuberance and FOMO drove the price higher. Looking at charts from decades ago showed you that these events📈📉 happen periodically.If you bought gold as an investment on margin you should worry if you bought it for wealth protection you don’t have to.
A friend of mine told me he never lies, he just doesn’t tell the truth. A politician is born every day.
The price you paid for your gold & silver in a collapse will be irrelevant, you’ll just be glad you have it.
P2P Trading. End the CME.
When price discovery is left in the hands of traders you will never get a true price of the underlying commodity. Trading futures isn’t buying & distorts true value of the underlying commodity. Idea futures contracts mandatory deliverable then that’s the true price of a commodity
Even though you have your gold & silver in hand🫴 the counterparty risk will be you. Theft, forgetting where you hid it and the temptation to liquidated because of easy access.
Understanding counterparty risk. It is simply the risk that you take having someone else called a counterparty (bank, securities, derivatives, precious metals storage facilities,ect) hold, or manage your investments and then fails to pay, deliver assets,or settle your trade.
Having physical gold & silver in hand🫴 you have zero (0) counterparty risk. Something you absolutely don’t want to deal with when you need it in a collapse.
There are a lot of snake oil salesman out there dressed in suits. Be careful my friends what you invest in.
Don’t listen to what others say watch what they do.
This might seem counterintuitive to my thoughts on the subject but forget about wealth protection n concentrate on survival.Your gold & silver will only be good for after the collapse,if you can’t survive it what good is it? Food & water n the ability to produce it is paramount💡
When the next collapse happens similar to 2008 politicians will blame everybody but themselves for their reckless spending they will try to print their way out of it but they have printed us into it and there’s no way out this time. Another lost decade, but this time it’s us 👁️👁️
Think a collapse will never happen here? They thought that in Greece 2010-15 and Cyprus 2012-13.
In a collapse of the financial system, if you’re thinking of just wealth protection rethink. Not only will the financial system breakdown, & we will all be waiting for a new monetary system to be established by the government the likelihood of food shortages will be a reality.💡
Zero risk, the US nickel.
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