I am a metals guy. Not just gold and silver, but aluminum, copper, etc.
The best investment, aside from property, imho is skills. Learn auto and home maintenance, plant some seeds, learn how to sew, buy some books on survival and medical treatments, etc. (some good books are “When there is no Dentist” and “When there is no Doctor.”
If you can safely store gas, like 500gallons or more, i’d fill your tanks. Starting in May, OPEC+ is going to cut 1MM barrels/day.
I think at some point, China and the BRICS will sanction or restrict exports to the US. We’ll be able to buy the same stuff, but through middlemen.
As the dollar falls, it’ll be easy for tangible things to increase in “dollar value,” especially the metals and minerals needed for a war effort. But you can’t eat money.
And if you have room, keep a steady surplus of toilet paper and liquor.
They are all food exporters, China is an importer but they have been buying up food like crazy over the past couple of years.
Brazil is being run by a WEF puppet India isn't that keen on China and south africa turned in to a joke.
India is nice with Russia because it's been cool with them since forever while the US picked Pakistan.
the Brics thing should be ignored. China dumping US debt and sanctioning the west in turn will cause enough problems that even the vegetable in charge will notice something is off with his favorite ice cream.
I agree with the main thesis: own US gov obligations such as treasuries. I think you might be missing some of the trends in PM- I think the mother of all short squeezes is going to happen as foreign CBs are using them to decouple their commitments to the US.
Also, money markets might be an easier way for most people to gain access to treasuries. The TDirect approach is a liquidity nightmare.
The Dollar will remain strong, but you want the ones issued by the Treasury, not the Fed: Bills, Notes, Bonds. These are what foreign gubmints hold, not dollars. These are backed by the US, not the Fed.
You're wrong about crypto because it has value due to blockchain technology which will boom with the continued surveillance state and the failure of fiat. You're right about treasuries tho.
Also its not that someone needs the crypto currency itself per se. It is tied to the blockchain technology which is valuable. Only if you doubt the value of block chain technology avoid crypto.
And yet you can’t describe what that specific value is, nor what that technology is, nor what “value” itself in a general sense is.
which will boom with the continued surveillance state and the failure of fiat.
Yes, the most perfect fiat currency ever created, which has no privacy whatsoever because every single transaction is publicly visible, is definitely going to defeat the surveillance state and failing fiat currencies.
There’s literally nothing at the treasury backing those notes. I have two silver certificate dollars yet myself; there’s no money in any bank anywhere through which to redeem them. No one has any ‘money’ parked at the Treasury; it has no reserves and no limits on printing.
I am a metals guy. Not just gold and silver, but aluminum, copper, etc.
The best investment, aside from property, imho is skills. Learn auto and home maintenance, plant some seeds, learn how to sew, buy some books on survival and medical treatments, etc. (some good books are “When there is no Dentist” and “When there is no Doctor.”
If you can safely store gas, like 500gallons or more, i’d fill your tanks. Starting in May, OPEC+ is going to cut 1MM barrels/day.
I think at some point, China and the BRICS will sanction or restrict exports to the US. We’ll be able to buy the same stuff, but through middlemen.
As the dollar falls, it’ll be easy for tangible things to increase in “dollar value,” especially the metals and minerals needed for a war effort. But you can’t eat money.
And if you have room, keep a steady surplus of toilet paper and liquor.
I dont know man, every single thing i buy that isn’t food says “made in china” on it.
They are all food exporters, China is an importer but they have been buying up food like crazy over the past couple of years.
Brazil is being run by a WEF puppet India isn't that keen on China and south africa turned in to a joke. India is nice with Russia because it's been cool with them since forever while the US picked Pakistan.
the Brics thing should be ignored. China dumping US debt and sanctioning the west in turn will cause enough problems that even the vegetable in charge will notice something is off with his favorite ice cream.
I agree with the main thesis: own US gov obligations such as treasuries. I think you might be missing some of the trends in PM- I think the mother of all short squeezes is going to happen as foreign CBs are using them to decouple their commitments to the US.
Also, money markets might be an easier way for most people to gain access to treasuries. The TDirect approach is a liquidity nightmare.
TLT is another way. ZROZ if you're after the rate cut speculation
What are your thoughts on Operation Sandman?
Not a bad take.
You're wrong about crypto because it has value due to blockchain technology which will boom with the continued surveillance state and the failure of fiat. You're right about treasuries tho.
Also its not that someone needs the crypto currency itself per se. It is tied to the blockchain technology which is valuable. Only if you doubt the value of block chain technology avoid crypto.
Also doesn't crypto bypass exchange rate fees for fiat? I think so.
Don't you think it would have already cratered by now of there's no value in blockchain. Not even logical.
And yet you can’t describe what that specific value is, nor what that technology is, nor what “value” itself in a general sense is.
Yes, the most perfect fiat currency ever created, which has no privacy whatsoever because every single transaction is publicly visible, is definitely going to defeat the surveillance state and failing fiat currencies.
They’re literally exactly the same.
There’s literally nothing at the treasury backing those notes. I have two silver certificate dollars yet myself; there’s no money in any bank anywhere through which to redeem them. No one has any ‘money’ parked at the Treasury; it has no reserves and no limits on printing.
💯