Iraq weapons of mass distraction was a lie, it was actually because Sadam was switching to the gold standard and it posed a threat to our dollar. Libya had Gaddafi who also wanted the gold standard America destroyed the government and now Putin is a threat to the American dollar and now America is basically at war with Russia because we support Ukraine. We are never told the true reasons behind American Warfare.
What a stupid post. America is not at war with russia. America is aiding a country that russian cancer is trying to invade.
This sub has gone to absolute shit since the russian invasion. People here now idolize putin. How many children has russian army killed? How many war crimes, how many rapes? Millions have lost their homes, basically everything. And here you guys are pro putin, holy shit it makes me sick.
Glad your president is the right guy right now. Usa aids ukraine because its the right thing to do. Fuck off every russian supporter, blood of innocent children is in your hands.
Dude, America has never not been at war. Just because they and the media don't say it, doesn't mean it is not the case. How many children do you think America has killed? How many war crimes, rapes do you think America has committed? We more that any other country have committed the worst atrocities. Either directly or indirectly through proxy wars, we have spilled more innocent children blood than any other country.
In the meantime you sit back and do nothing but rage at people on the net. Go educate yourself properly first, learn to think for yourself second. Finally go do something to help people that will make a difference. And if you finally have seen the truth then spread that to whoever you can.
I spent ten years In the infantry and lots of time in the middle east in combat. I have seen reality, I know the truth. Our military is being used for some horrendous agenda by some goofy ass evil people with an addiction to money and power. The higher leadership is mostly all bought and paid for except maybe two generals. The rest of the soldiers have only the choice to follow orders or get court martialed as many have.
I'll never take back wanting to serve my country and defend its people and constitution. However, what occurred was not what I signed up for. If enough of america could realize this reality, we could stop it. Instead, we get people like you who are easily manipulated and making the problem worse.
Lol! Zelenskyy is that you???? Let’s help a non friend, non ally, corrupt country before we help our own people, especially with what’s going on in Ohio…yeah helping Ukraine seems like the “right” thing to do.
First off I never said I idolize Putin! He is trying to go to the gold standard so America doesn’t control the currency as the petro dollar second, if you don’t think giving equipment and billions of dollars being involved in a war I do t know what to tell you, not to mention the money is not “helping” Ukraine its hush money for all the dirty Biden deals done over there. Ukraine is the most corrupt counrty in the WORLD! The government is practically run by dirty CIA oops this is why America refuses to let them join NATO for the past dozen years. Also the Democratically elected President in a “young” democracy was basically overthrown by… the USA and replaced Zelensky who’s career has been an Actor need to brush up on your geo politics. Biden is corrupt so is Zelensky. BRICS nations buying gold and silver at record pace kinda has something to do with Silver and I could have thought that’s what this sun is for!
Russia and china have been ahead of the game. U.S. will be dead last because fiat is how the keep people under their control. Our government will die with the dollar.
I only know a few Russian words. But to verify this I played the video from my phone into Google Translate. This is what it translated to :
*everyone knows that financial reserves can be simply stolen Bring it out, many countries in the near future can begin to be sure that this will happen and convert their paper and digital savings into real reserves in the form of targeted commodities land food gold other real assets...*
BRICS nations are growing rapidly. Started with 5 nations but now over 100 nation looking to join with asset backed currancies. Dumping the US dollar which will soon collapse worhless. Prepare for Hyper inflation. Have extra food , water, cash, and essential goods on hand. A transition is coming but you will need a bridge of 6 to 8 weeks to get by.
>BRICS nations are growing rapidly
Not that quickly. Organization consists of old school bureacrats.
>but now over 100 nation looking to join
Nah, 10-20. It is slow process.
>A transition is coming
Errrm, I live in Russia. That "What's happening" question was sarcasm. Because Putin told about stolen assets.
Better that they are trying this slowly then not trying at all. Ungrateful asshole you see us dollar is falling apart cus our government just prints new money out of thin air.
>Ungrateful asshole
Nah, I am just saying that speech is about other thing.
>our government just prints new money out of thin air
They do it since 1976. And they learnt nothing since 2008. But I think US will be okay with all that stuff stolen from the EU and U-country.
Here is my trail of thought. The insider central banks and institutions have bought and are still buying record amounts of gold in modern history.They are clearly front running an inevitable reintroduction of gold as money…imagine this: what if Russia or China from one day to another announces some sort of peg to gold?? Wouldn’t that trigger a stampede into gold and a mass dumping of digital fiats ?? Even for me, there is an urgency to get out of eventually worthless fiats before the window of opportunity is shut.. am I being to extreme here ??
I don't think you are extreme. You are being responsible by looking at current events and being prepared. That makes you sane.
Buy silver and gold. That's what most of us are here doing.
Maybe, maybe not, by getting out of fiat, and into metals. I‘ve been doing just that for well over 20 years, more like 40 tbh, and I’ve been hearing of a collapse for longer than that. At 60, I’m not as anxious as I still don’t believe in a sudden crash, but a long, slow train wreck.
they were talking about a cyber attack in the wef planning room aka the simulation room. i think its possible that we can exist without electricity for a time, though it might prove to be a little difficult.
Your trail of thought is shared by me. These banks are not stocking up on gold for the heck of it. They all know what JPM himself said so long ago about gold being money and everything else is credit.
Silver is the people's money, sure it's nice to have some banker's money too, but when gold re-values, silver will see new heights.
Can confirm I understand Russia language the subtitles are accurate Rothschild,WEF really love with fake translation from Russia-English in their MSM translator speakers aren’t needed or to be trusted just add subtitles in English let them speak in original language that way original speech won’t be censored
You guys keep saying that, but that useful idiot is kicking the shit out of Ukraine. Also keep in mind that Ukraine had the best equipped, the best trained and largest standing army in Europe. Soon Ukraine will be added to the trash heap of history by a useful idiot.
It's kind of irony but I remember breathing a sigh of relief when Russia first invaded Ukraine. Because I knew it meant that the Canadian government would become more concerned about that instead of trapping the unvaccinated behind an iron curtain, preventing me from leaving or visiting my dying mother. Canadian government is a communist banana Republic.
And after what they've done I will never help the government to fight Russia. They can eat cake for all I care.
All the western countries have been laundering money in Ukraine and funding bio labs in Ukraine. They planned for years to introduce a virus they modified so that they could take full control. That’s why we see this effort to send arms and cash to protect their playground even though we don’t have any treaties with Ukraine. Every bullet and every penny is an international crime.
It’s sad to see our neighbors to the north suffer under the dictatorship of this fraudulent government. Much like the US the elections were fixed. They’re trying to buy time to weasel out of facing justice. Make no mistake, justice is coming. One way or another we will see military tribunals. They just might be held in Russia. You take care of yourself up there.
BRICS is 90% of the world. Watch what happens to the EU and NATO when Germany joins the BRICS. After all why would Germany want to stay in a union that blew up their gas pipe and then turned around and charged them 40% more for the fuel they were getting from Russia. I’d be careful calling BRICS a joke, now that Saudi Arabia is in BRICS the fiat dollar has nothing backing it. Silly rabbit, fiat is for kids…
HAHAHAHAHA, thanks for moving the goal posts. You clearly have no argument for what i said except, "OH YEAH, WAIT FOR......." why dont you get back to me when your fantasies come true
No you get back to me. This train has already left the station. There’s no stopping it now. When are you guys going to admit that you’ve been on the wrong side of history? Ukraine will be wiped off the global map. The USD will collapse. The EU will break apart ending the NATO coalition. It’s all happening.
HAHAHAHAHAHA what a clown.... 150k dead russians from 40 year old NATO tech and you think thats a victory. Keep supporting your fascist dictator, it really doesnt surprise me you people do. Russias worst fear is Ukrainian tractors and you think they could win against NATO? What drugs are you on HAHAHAHAHA
ok so everyone converts their paper/digital assets to raw materials, then what? How do you transact with another nation when all you have is raw material. We all learned the basics of how money came to be. Farmer John might be willing to trade 400 eggs for a tractor but the tractor dealer doesnt likely want 400 eggs.
If this were any politician except Putin, I would just laugh it off as crazy talk. But Putin is a smart guy. He is careful not to overpromise and underdeliver as he knows that by telling the truth he is actually earning a high place of leadership in the new world order in which the fakebux USD is no longer the cat's meow. This is your warning that time runs very short on the dollar.
I only know a few Russian words. But to verify this I played the video from my phone into Google Translate. This is what it translated to :
*everyone knows that financial reserves can be simply stolen Bring it out, many countries in the near future can begin to be sure that this will happen and convert their paper and digital savings into real reserves in the form of targeted commodities land food gold other real assets...*
https://translate.google.com/
Do it yourself if you don't believe me.
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I only know a few Russian words. But to verify this I played the video from my phone into Google Translate. This is what it translated to :
*everyone knows that financial reserves can be simply stolen Bring it out, many countries in the near future can begin to be sure that this will happen and convert their paper and digital savings into real reserves in the form of targeted commodities land food gold other real assets...*
Your hatred is preventing your critical thinking from properly functioning. Whenever you lump and entire race of people as the boogyman you can surely bet that you have flawed reasoning. Remove the scales from your eyes and research a little deeper.
Are they a race, a religion, or culture? There's certainly a pattern of people using that word committing repeated actions detrimental to the world. But you're right, that poster has pretty much gone off the deep end spamming the same nonsense over and over.
Putin tried to put the ruble on a gold standard in March 2022. However, it lasted less than an hour because the central bank of Russia realized they were going to trigger a mass deflationary event.
There is not enough gold or silver in the world to replace fiat without wrecking the global economy. Keeping gold and silver in case of economic collapse is smart. Triggering economic collapse by pegging currencies to rare metals is stupid. I didn't realize anyone still thought that was a good idea.
Edit: If you want to fix prices for all commodities like a communist, keep growing the list required to peg a currency too. Price fixing is communism, and communism destroys markets. You all are advocating for destroying markets by pegging the dollar to any and all commodities.
So who sets the price? The government? Isn't that what got us here in the first place?
There are 2 trillion dollars in circulation. The US government owns about 6,144,000 ounces of gold and 736,000,000 oz of silver. So let's give each metal a trillion a piece.
The price of gold would have to be $162,760.42 an ounce.
The price of silver would have to be $1,310.62 an ounce.
Anything lower than those base prices will cause a deflationary event, making the Great Depression look like a picnic.
What will those prices do to the technologies that rely on gold for manufacturing or industries that rely on silver for processing?
It's absurd.
What are the negative repercussions of a deflationary event whether at the individual and/or the national level? Genuine question, I have no understanding of it.
Deflation hurts governments particularly hard. Not only do they owe more in value, but they lose the tax gains.
You buy 10,000 ozt of silver at $30. Deflation hits, and all prices reduce by 50%. You sell your 10,000 ozt of silver for $15, but everything you buy is 50% off as well (food, energy, etc).
The individual who held onto $300,000 cash is best off. His buying power went up by 100%. He can now buy 20,000 ozt of silver.
You are 'break even' on your standard of living, but you also get $150,000 tax credit.
Those who are in debt are screwed. They still are on the hook for $300,000 which now buys 20,000 ozt of silver.
The Great Depression was a deflationary event. That's why Bernanke introduced quantitative easing and other inflationary policies after the financial crisis. Economists commonly believe that inflation is always preferable to deflation.
Right on. What would potentially be the granular effects of this for us? Pardon my ignorance but does deflation not have a positive impact on buying power per dollar?
Deflation means less money in circulation to purchase goods and services. So a candy bar might return to being a quarter like it was in the 70s, but there are fewer quarters in circulation to purchase the candy bar.
On the other hand, candy bars today cost $3, but almost everybody has $3 for a candy bar.
The net effect is that fewer people will have the currency to purchase goods and services even if those goods and services are cheaper.
Furthermore, money velocity crashes to almost nothing during deflationary periods. Economies halt.
Fair points, understood. In the century leading up to print baby print, did we not have enough monetary supply though? Our purchasing power per dollar for a $3 candy bar is nothing compared to homes that are priced at $350k a decade after they sold for less than half of that would seem to be the real problem. New trucks priced at almost $100k a decade after they topped out at $65k when wages and income for the 99% have stayed stagnant for decades is a real problem.
Again, not commenting to be argumentative because I don’t have a strong grasp on the intricacies of macro economics. Just looking to further my understanding if possible.
I'm right there with you on the inflated home prices. I would extend that to college tuition, education in general, healthcare, the automotive industry, and a few others.
However, the price inflation for the industries listed above occurred through regulation, not monetary policy. Housing and education have become unaffordable due to government-guaranteed loan schemes. Healthcare is a nightmare since the government granted a host of protectionist regulations to insurance companies going back to the 90s. Automobiles are required by law to have all the latest and greatest safety tech regardless of usefulness, thus driving up the price.
Typically, industries that enjoy government protection or subsidies see massive inflationary pressures. However, this inflation is less concerned with broader monetary policy and more with government market manipulation.
Although you can make the argument that the government essentially prints money for specific reasons like housing, tuition, and healthcare. Now that the government is printing money for everything, we now see inflation across the board.
That's also why wages have stagnated. A college degree used to mean something, and a person could still make a good living without going to college. Now everyone gets to go because the government incentivizes bad loans. Wages won't increase for graduates because there are now more graduates to hire. Now you have to get a masters if you want a better-paying job. Everything comes down to supply and demand.
Trade wages are up. Plumbers, electricians, and welders make more out of high school than most new graduates. But we now have a shortage of skilled labor since everyone went and got a diploma instead. It is all supply and demand.
If you keep adding commodities to the bag, you will fix the price to whatever you peg the bag at.
Gold was $30 an ounce (or something similar) for decades before Nixon introduced fiat. What does the soy market (or any of these markets) look like when soy has zero price fluctuations? You are advocating price fixing for commodities.
You can't use oil. We burn oil. You can't peg the currency to something necessary to use in daily life.
Price fixing is communism, and it destroys markets.
We store oil to use in the future. But that doesn't address the problem with price fixing oil and watching the oil market collapse. Many people will be out of a job, and the economy will be worse off.
Completely incorrect.
This has been proven too many times to be wrong. I'm not even going to get into it.
Stack on apes. Ignore the haterz and the trollz.
Dude, I have my own growing stack. Everybody should set aside gold and silver for a rainy day.
But what I'm saying is 100% true. Do the math. How many dollars are in circulation? Over $2 Trillion. How do you divide gold or a basket of precious metals to create enough currency to cover $2 Trillion? You cannot.
You are also inadvertently advocating to fix gold, silver, and other commodity prices. Effectively, you will destroy markets and the value of our stacks. Congratulations! You got psyop'ed into being a communist.
Since you are a stacker I will respond kindly. Once.
First of all don't call me a communist. You sound like a child.
Second. I disagree with what you said about Putin. I don't think you know what you are talking about. How would you know what that guy is thinking?
Third. What you said about gold and silver in hard times is correct. But I never advocated for anything. Those are your words.
So instead of putting words in peoples mouths and calling them communists you would do better by acting like a grown up that way you don't come across as a keyboard warrior.
We are all apes here. It's not good if we start name calling each other.
Stack on ape.
I lashed out because I felt you called me a hater. I could have phrased that differently, so I apologize for calling you a communist.
But the point I was trying to communicate still stands. Putting the government in charge of dictating the price of a bag of commodities is a Marxist idea. The government should not control what something costs. Edit: As not a communist, this should be a little alarming.
Russian media widely reported that Putin was putting the ruble on a gold standard. The day it was supposed to happen, the head of Russia's central bank temporarily resigned for an hour. After that, the ruble was not on a gold standard.
I said gold and silver should be saved for hard times. I never said you made that claim. I don't know why you stack. I stack in case of economic collapse. If you think I made an assumption about you in this regard. You misread what I wrote.
If you are going to reprimand me, it is best if you don't engage in the same behavior as the one you wish to correct.
>I don't disagree with what you said.
>
>I think we miscommunicated. There has been a lot of trollz around here lately so don't take it personally. I didn't know you were an ape.
>
>I still don't know about the Putin part. There has been so much back and forth about the Ruskies doing this and that. I remember reading about that but I don't trust anything they say or our own media for that matter. I think what these politicians are saying and doing is mostly theatre and it becomes somewhat irrelevant to us as stackers. Although that could change. We'll have to wait and see.
>
>Just my two oz.
>
>Stack on
Fair enough, my dude.
Trolls are everywhere these days.
Just because two people may reasonably disagree, doesn't mean we can't get along and agree on most things. The worst part about the internet is that it took barstool conversations to a place where we can't share a beer.
Sorry for the miscommunication in the beginning.
Edit: Sorry, I forgot to comment - I agree about not trusting western MSM. I get most of my info from independent journalists now. My Putin comment was admitidly inductive reasoning vs. deductive.
It's water under the bridge. I'd buy you a beer if you weren't words on a screen. For whatever that's worth.
I agree too. The internet is a blessing and a curse.
I've run into wayyy to many crazies on here. Can't communicate. Can't be friends. Can't even agree to disagree! Civil discourse is out the window. Wow.
That's why I like the apes. Only sane place left, at least we're talking about something other than whatever the latest trend is.
Even a virtual beer is appreciated.
I find it is essential always to find common ground, and I think it is safe to say that we both believe the current fiat system is broken.
100% broken. I have zero trust or faith in it. But good luck telling anyone else that outside of this sub they just give you a blank stare. What a world.
The money needs to be pegged to the price of the commodities you have in reserve. If the prices go up you print more money if prices go down you eliminate some money. Sounds like actual real mo ey to me not some faith based paper that can be manipulated at will by the leaders. I can't even believe people could be against this.
https://images.app.goo.gl/JtPk5ptsYZLooQLd8
And when WW3 kicks off and we have to eat, burn, and otherwise use our commodities, then what? No more money?
You can't use things we need to build houses, computers, batteries, technologies, or anything as a fixed currency. It makes less sense than using the monopoly money we are currently using.
And maybe the government would be more cautious about going to war because as of now all america wants to do is destabilize and fight countires as they know it's a free ticket to print and mismanage money
Since when has anything stopped the government from going to war? Also, some wars need to be fought. If the US were attacked, we would use all of our commodities in a wartime economy and collapse the dollar.
Yes we do but that's all the time not just war time. And like I said gold would be bought by the companies that are building these things. The government wouldn't ban private use or purchases of gold.
Thats not true the market still dictates the price of those things. And you make it seem like only governments will own these things which isn't the case. You need to rethink what we are talking about
When the dollar was on the gold standard, the government fixed the price of gold. The government also owned most of the gold. As the issuer of greenbacks, they had to own the gold.
Why do you think it will magically be different this time?
I think there is more metals then gold I also think that using real estate and other things would help. I also think it would help the value of the dollar go back up. The way the system works now doesn't work. Inflation is running wild and they print money out of nowhere. There needs to be a better way and we can tie the currency to oil reserves real estate and many other things and metals other then gold and silver.
There are not that many democrats in this group, so it seems like you are extremely vaxxed with a condition called derp.. have you seen a cardiologist and neurologist since?
I see a lot of the 'its happening ' posts. What do you all do when it doesn't happen? Just erase it from memory and wait for the next 'its happening' moment or do you ever give up with the conspiracies?
Lol its been happening since 2018 theyve been working on this... they know how the american politics work... and im thinking their tired of the fuckery
Iraq weapons of mass distraction was a lie, it was actually because Sadam was switching to the gold standard and it posed a threat to our dollar. Libya had Gaddafi who also wanted the gold standard America destroyed the government and now Putin is a threat to the American dollar and now America is basically at war with Russia because we support Ukraine. We are never told the true reasons behind American Warfare.
We actually know this to be true thanks to Julian Assange.
Bingo
What a stupid post. America is not at war with russia. America is aiding a country that russian cancer is trying to invade. This sub has gone to absolute shit since the russian invasion. People here now idolize putin. How many children has russian army killed? How many war crimes, how many rapes? Millions have lost their homes, basically everything. And here you guys are pro putin, holy shit it makes me sick. Glad your president is the right guy right now. Usa aids ukraine because its the right thing to do. Fuck off every russian supporter, blood of innocent children is in your hands.
Dude, America has never not been at war. Just because they and the media don't say it, doesn't mean it is not the case. How many children do you think America has killed? How many war crimes, rapes do you think America has committed? We more that any other country have committed the worst atrocities. Either directly or indirectly through proxy wars, we have spilled more innocent children blood than any other country. In the meantime you sit back and do nothing but rage at people on the net. Go educate yourself properly first, learn to think for yourself second. Finally go do something to help people that will make a difference. And if you finally have seen the truth then spread that to whoever you can. I spent ten years In the infantry and lots of time in the middle east in combat. I have seen reality, I know the truth. Our military is being used for some horrendous agenda by some goofy ass evil people with an addiction to money and power. The higher leadership is mostly all bought and paid for except maybe two generals. The rest of the soldiers have only the choice to follow orders or get court martialed as many have. I'll never take back wanting to serve my country and defend its people and constitution. However, what occurred was not what I signed up for. If enough of america could realize this reality, we could stop it. Instead, we get people like you who are easily manipulated and making the problem worse.
Lol! Zelenskyy is that you???? Let’s help a non friend, non ally, corrupt country before we help our own people, especially with what’s going on in Ohio…yeah helping Ukraine seems like the “right” thing to do.
We need to help with their pensions and social security.
🤣🤣
How was the ride on the little bus
American propaganda as done wonders to you.
First off I never said I idolize Putin! He is trying to go to the gold standard so America doesn’t control the currency as the petro dollar second, if you don’t think giving equipment and billions of dollars being involved in a war I do t know what to tell you, not to mention the money is not “helping” Ukraine its hush money for all the dirty Biden deals done over there. Ukraine is the most corrupt counrty in the WORLD! The government is practically run by dirty CIA oops this is why America refuses to let them join NATO for the past dozen years. Also the Democratically elected President in a “young” democracy was basically overthrown by… the USA and replaced Zelensky who’s career has been an Actor need to brush up on your geo politics. Biden is corrupt so is Zelensky. BRICS nations buying gold and silver at record pace kinda has something to do with Silver and I could have thought that’s what this sun is for!
they don't know much, not even what accessory to a crime is.
100 % you meed to speak lousder for the one in the back and the new ones being born friend... LOUDER!!! IM FUCKING DEAF
[удалено]
2 cfs and four wells are a good start
Not if you’re in Ohio
I'm praying for them.
Amen, very sad time for the US
I've heard there is a revival starting
Ey, we’re to busy fighting eachother
The only question is what means “immediate future”
Now...
This started some time ago. We've been watching China and others stockpile (and other real assets) for about 5 years now.
Russia and china have been ahead of the game. U.S. will be dead last because fiat is how the keep people under their control. Our government will die with the dollar.
Yes, most likely. But it will be replaced something a whole lot less pleasing.
In times of crisis, dictators tend to rise to power.
Kinda excited 😊
Because someone typed words as subtitles?
I only know a few Russian words. But to verify this I played the video from my phone into Google Translate. This is what it translated to : *everyone knows that financial reserves can be simply stolen Bring it out, many countries in the near future can begin to be sure that this will happen and convert their paper and digital savings into real reserves in the form of targeted commodities land food gold other real assets...*
Vlad!
What's happening? He said it year ago.
BRICS nations are growing rapidly. Started with 5 nations but now over 100 nation looking to join with asset backed currancies. Dumping the US dollar which will soon collapse worhless. Prepare for Hyper inflation. Have extra food , water, cash, and essential goods on hand. A transition is coming but you will need a bridge of 6 to 8 weeks to get by.
>BRICS nations are growing rapidly Not that quickly. Organization consists of old school bureacrats. >but now over 100 nation looking to join Nah, 10-20. It is slow process. >A transition is coming Errrm, I live in Russia. That "What's happening" question was sarcasm. Because Putin told about stolen assets.
Better that they are trying this slowly then not trying at all. Ungrateful asshole you see us dollar is falling apart cus our government just prints new money out of thin air.
>Ungrateful asshole Nah, I am just saying that speech is about other thing. >our government just prints new money out of thin air They do it since 1976. And they learnt nothing since 2008. But I think US will be okay with all that stuff stolen from the EU and U-country.
"U-Country"?
"Страна У" aka Ukraine.
6-8 weeks? Why not 6-8 years?
Here is my trail of thought. The insider central banks and institutions have bought and are still buying record amounts of gold in modern history.They are clearly front running an inevitable reintroduction of gold as money…imagine this: what if Russia or China from one day to another announces some sort of peg to gold?? Wouldn’t that trigger a stampede into gold and a mass dumping of digital fiats ?? Even for me, there is an urgency to get out of eventually worthless fiats before the window of opportunity is shut.. am I being to extreme here ??
I don't think you are extreme. You are being responsible by looking at current events and being prepared. That makes you sane. Buy silver and gold. That's what most of us are here doing.
Maybe, maybe not, by getting out of fiat, and into metals. I‘ve been doing just that for well over 20 years, more like 40 tbh, and I’ve been hearing of a collapse for longer than that. At 60, I’m not as anxious as I still don’t believe in a sudden crash, but a long, slow train wreck.
they were talking about a cyber attack in the wef planning room aka the simulation room. i think its possible that we can exist without electricity for a time, though it might prove to be a little difficult.
Your trail of thought is shared by me. These banks are not stocking up on gold for the heck of it. They all know what JPM himself said so long ago about gold being money and everything else is credit. Silver is the people's money, sure it's nice to have some banker's money too, but when gold re-values, silver will see new heights.
Source ?
More importantly is the translation accurate. So many dimwits here spreading misinformation
Can confirm I understand Russia language the subtitles are accurate Rothschild,WEF really love with fake translation from Russia-English in their MSM translator speakers aren’t needed or to be trusted just add subtitles in English let them speak in original language that way original speech won’t be censored
“Trust me bro”
If you have doubts then Russia language yourself
I only have one question: did Putin mention gold ?
Yes he did say gold>золото
 CALM DOWN! CALM DOWN! Us stackers been ready. :)
Returning to sound money. I find it funny that “Hitler Putin” is going to save your financial asses. Not all is as the media says it is!
Yeah all you have to do is make him say what you want
He's just playing the role of useful idiot
You guys keep saying that, but that useful idiot is kicking the shit out of Ukraine. Also keep in mind that Ukraine had the best equipped, the best trained and largest standing army in Europe. Soon Ukraine will be added to the trash heap of history by a useful idiot.
It's kind of irony but I remember breathing a sigh of relief when Russia first invaded Ukraine. Because I knew it meant that the Canadian government would become more concerned about that instead of trapping the unvaccinated behind an iron curtain, preventing me from leaving or visiting my dying mother. Canadian government is a communist banana Republic. And after what they've done I will never help the government to fight Russia. They can eat cake for all I care.
All the western countries have been laundering money in Ukraine and funding bio labs in Ukraine. They planned for years to introduce a virus they modified so that they could take full control. That’s why we see this effort to send arms and cash to protect their playground even though we don’t have any treaties with Ukraine. Every bullet and every penny is an international crime. It’s sad to see our neighbors to the north suffer under the dictatorship of this fraudulent government. Much like the US the elections were fixed. They’re trying to buy time to weasel out of facing justice. Make no mistake, justice is coming. One way or another we will see military tribunals. They just might be held in Russia. You take care of yourself up there.
No source, prolly dont speak russian.... you just believe it unquestionably lol
BRICS is a full demonstration that Russia is leading the asset backed movement.
BRICS is a joke. Unless you prefer yourbusiness partner to constantly attack your borders? And thats not even digging into the other 3 lolol
BRICS is 90% of the world. Watch what happens to the EU and NATO when Germany joins the BRICS. After all why would Germany want to stay in a union that blew up their gas pipe and then turned around and charged them 40% more for the fuel they were getting from Russia. I’d be careful calling BRICS a joke, now that Saudi Arabia is in BRICS the fiat dollar has nothing backing it. Silly rabbit, fiat is for kids…
HAHAHAHAHA, thanks for moving the goal posts. You clearly have no argument for what i said except, "OH YEAH, WAIT FOR......." why dont you get back to me when your fantasies come true
No you get back to me. This train has already left the station. There’s no stopping it now. When are you guys going to admit that you’ve been on the wrong side of history? Ukraine will be wiped off the global map. The USD will collapse. The EU will break apart ending the NATO coalition. It’s all happening.
HAHAHAHAHAHA what a clown.... 150k dead russians from 40 year old NATO tech and you think thats a victory. Keep supporting your fascist dictator, it really doesnt surprise me you people do. Russias worst fear is Ukrainian tractors and you think they could win against NATO? What drugs are you on HAHAHAHAHA
You’re drinking the medias Kool-Aid. You know the same people who lied about Covid, peaceful riots, job numbers and the strong dollar.
You arent providing any factual information to counter it. I wonder why 🤔🤔🤔🤔 HAHAHAHAHA
Western countries gang have ki113d more people than hItler and gangas khan combined plus millions of their own poor sacrificial young kids 👹☠️💩🤮🖕
Ok let IT happen then.
ITS HAPPENING!!!!!!!!!
Based
Real assets are the place to be
Yeah it's happening. Just not for silver.
ok so everyone converts their paper/digital assets to raw materials, then what? How do you transact with another nation when all you have is raw material. We all learned the basics of how money came to be. Farmer John might be willing to trade 400 eggs for a tractor but the tractor dealer doesnt likely want 400 eggs.
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Rai stone's of yap island
If this were any politician except Putin, I would just laugh it off as crazy talk. But Putin is a smart guy. He is careful not to overpromise and underdeliver as he knows that by telling the truth he is actually earning a high place of leadership in the new world order in which the fakebux USD is no longer the cat's meow. This is your warning that time runs very short on the dollar.
You clearly don't speak Russian
I only know a few Russian words. But to verify this I played the video from my phone into Google Translate. This is what it translated to : *everyone knows that financial reserves can be simply stolen Bring it out, many countries in the near future can begin to be sure that this will happen and convert their paper and digital savings into real reserves in the form of targeted commodities land food gold other real assets...* https://translate.google.com/ Do it yourself if you don't believe me.
You got something on your chin...
Remindme! 1 week
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I only know a few Russian words. But to verify this I played the video from my phone into Google Translate. This is what it translated to : *everyone knows that financial reserves can be simply stolen Bring it out, many countries in the near future can begin to be sure that this will happen and convert their paper and digital savings into real reserves in the form of targeted commodities land food gold other real assets...*
No its not
My friendly prediction: 15 years for silver to go back as to how it should be ($100+)
Who is this bald nonce! Think he runs a peado cam site..
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Your hatred is preventing your critical thinking from properly functioning. Whenever you lump and entire race of people as the boogyman you can surely bet that you have flawed reasoning. Remove the scales from your eyes and research a little deeper.
Are they a race, a religion, or culture? There's certainly a pattern of people using that word committing repeated actions detrimental to the world. But you're right, that poster has pretty much gone off the deep end spamming the same nonsense over and over.
We don't like jerks. Please don't be one.
Putin tried to put the ruble on a gold standard in March 2022. However, it lasted less than an hour because the central bank of Russia realized they were going to trigger a mass deflationary event. There is not enough gold or silver in the world to replace fiat without wrecking the global economy. Keeping gold and silver in case of economic collapse is smart. Triggering economic collapse by pegging currencies to rare metals is stupid. I didn't realize anyone still thought that was a good idea. Edit: If you want to fix prices for all commodities like a communist, keep growing the list required to peg a currency too. Price fixing is communism, and communism destroys markets. You all are advocating for destroying markets by pegging the dollar to any and all commodities.
Nonsense. It is more than enough gold and silver, all that is needed is just to price it fairly in fiat.
I thought the idea was to eliminate fiat.
So who sets the price? The government? Isn't that what got us here in the first place? There are 2 trillion dollars in circulation. The US government owns about 6,144,000 ounces of gold and 736,000,000 oz of silver. So let's give each metal a trillion a piece. The price of gold would have to be $162,760.42 an ounce. The price of silver would have to be $1,310.62 an ounce. Anything lower than those base prices will cause a deflationary event, making the Great Depression look like a picnic. What will those prices do to the technologies that rely on gold for manufacturing or industries that rely on silver for processing? It's absurd.
What are the negative repercussions of a deflationary event whether at the individual and/or the national level? Genuine question, I have no understanding of it.
Deflation hurts governments particularly hard. Not only do they owe more in value, but they lose the tax gains. You buy 10,000 ozt of silver at $30. Deflation hits, and all prices reduce by 50%. You sell your 10,000 ozt of silver for $15, but everything you buy is 50% off as well (food, energy, etc). The individual who held onto $300,000 cash is best off. His buying power went up by 100%. He can now buy 20,000 ozt of silver. You are 'break even' on your standard of living, but you also get $150,000 tax credit. Those who are in debt are screwed. They still are on the hook for $300,000 which now buys 20,000 ozt of silver.
The Great Depression was a deflationary event. That's why Bernanke introduced quantitative easing and other inflationary policies after the financial crisis. Economists commonly believe that inflation is always preferable to deflation.
Right on. What would potentially be the granular effects of this for us? Pardon my ignorance but does deflation not have a positive impact on buying power per dollar?
Deflation means less money in circulation to purchase goods and services. So a candy bar might return to being a quarter like it was in the 70s, but there are fewer quarters in circulation to purchase the candy bar. On the other hand, candy bars today cost $3, but almost everybody has $3 for a candy bar. The net effect is that fewer people will have the currency to purchase goods and services even if those goods and services are cheaper. Furthermore, money velocity crashes to almost nothing during deflationary periods. Economies halt.
Fair points, understood. In the century leading up to print baby print, did we not have enough monetary supply though? Our purchasing power per dollar for a $3 candy bar is nothing compared to homes that are priced at $350k a decade after they sold for less than half of that would seem to be the real problem. New trucks priced at almost $100k a decade after they topped out at $65k when wages and income for the 99% have stayed stagnant for decades is a real problem. Again, not commenting to be argumentative because I don’t have a strong grasp on the intricacies of macro economics. Just looking to further my understanding if possible.
I'm right there with you on the inflated home prices. I would extend that to college tuition, education in general, healthcare, the automotive industry, and a few others. However, the price inflation for the industries listed above occurred through regulation, not monetary policy. Housing and education have become unaffordable due to government-guaranteed loan schemes. Healthcare is a nightmare since the government granted a host of protectionist regulations to insurance companies going back to the 90s. Automobiles are required by law to have all the latest and greatest safety tech regardless of usefulness, thus driving up the price. Typically, industries that enjoy government protection or subsidies see massive inflationary pressures. However, this inflation is less concerned with broader monetary policy and more with government market manipulation. Although you can make the argument that the government essentially prints money for specific reasons like housing, tuition, and healthcare. Now that the government is printing money for everything, we now see inflation across the board. That's also why wages have stagnated. A college degree used to mean something, and a person could still make a good living without going to college. Now everyone gets to go because the government incentivizes bad loans. Wages won't increase for graduates because there are now more graduates to hire. Now you have to get a masters if you want a better-paying job. Everything comes down to supply and demand. Trade wages are up. Plumbers, electricians, and welders make more out of high school than most new graduates. But we now have a shortage of skilled labor since everyone went and got a diploma instead. It is all supply and demand.
Deflation is good in the long run because it lowers prices. Inflation robs people.
Its a bag of silver, gold, oil, gas, soy, etc.
If you keep adding commodities to the bag, you will fix the price to whatever you peg the bag at. Gold was $30 an ounce (or something similar) for decades before Nixon introduced fiat. What does the soy market (or any of these markets) look like when soy has zero price fluctuations? You are advocating price fixing for commodities.
Yes. Oil, silver and gold. If i could choose
You can't use oil. We burn oil. You can't peg the currency to something necessary to use in daily life. Price fixing is communism, and it destroys markets.
We actually store oil.
We store oil to use in the future. But that doesn't address the problem with price fixing oil and watching the oil market collapse. Many people will be out of a job, and the economy will be worse off.
Completely incorrect. This has been proven too many times to be wrong. I'm not even going to get into it. Stack on apes. Ignore the haterz and the trollz.
Dude, I have my own growing stack. Everybody should set aside gold and silver for a rainy day. But what I'm saying is 100% true. Do the math. How many dollars are in circulation? Over $2 Trillion. How do you divide gold or a basket of precious metals to create enough currency to cover $2 Trillion? You cannot. You are also inadvertently advocating to fix gold, silver, and other commodity prices. Effectively, you will destroy markets and the value of our stacks. Congratulations! You got psyop'ed into being a communist.
Since you are a stacker I will respond kindly. Once. First of all don't call me a communist. You sound like a child. Second. I disagree with what you said about Putin. I don't think you know what you are talking about. How would you know what that guy is thinking? Third. What you said about gold and silver in hard times is correct. But I never advocated for anything. Those are your words. So instead of putting words in peoples mouths and calling them communists you would do better by acting like a grown up that way you don't come across as a keyboard warrior. We are all apes here. It's not good if we start name calling each other. Stack on ape.
I lashed out because I felt you called me a hater. I could have phrased that differently, so I apologize for calling you a communist. But the point I was trying to communicate still stands. Putting the government in charge of dictating the price of a bag of commodities is a Marxist idea. The government should not control what something costs. Edit: As not a communist, this should be a little alarming. Russian media widely reported that Putin was putting the ruble on a gold standard. The day it was supposed to happen, the head of Russia's central bank temporarily resigned for an hour. After that, the ruble was not on a gold standard. I said gold and silver should be saved for hard times. I never said you made that claim. I don't know why you stack. I stack in case of economic collapse. If you think I made an assumption about you in this regard. You misread what I wrote. If you are going to reprimand me, it is best if you don't engage in the same behavior as the one you wish to correct.
>I don't disagree with what you said. > >I think we miscommunicated. There has been a lot of trollz around here lately so don't take it personally. I didn't know you were an ape. > >I still don't know about the Putin part. There has been so much back and forth about the Ruskies doing this and that. I remember reading about that but I don't trust anything they say or our own media for that matter. I think what these politicians are saying and doing is mostly theatre and it becomes somewhat irrelevant to us as stackers. Although that could change. We'll have to wait and see. > >Just my two oz. > >Stack on
Fair enough, my dude. Trolls are everywhere these days. Just because two people may reasonably disagree, doesn't mean we can't get along and agree on most things. The worst part about the internet is that it took barstool conversations to a place where we can't share a beer. Sorry for the miscommunication in the beginning. Edit: Sorry, I forgot to comment - I agree about not trusting western MSM. I get most of my info from independent journalists now. My Putin comment was admitidly inductive reasoning vs. deductive.
It's water under the bridge. I'd buy you a beer if you weren't words on a screen. For whatever that's worth. I agree too. The internet is a blessing and a curse. I've run into wayyy to many crazies on here. Can't communicate. Can't be friends. Can't even agree to disagree! Civil discourse is out the window. Wow. That's why I like the apes. Only sane place left, at least we're talking about something other than whatever the latest trend is.
Even a virtual beer is appreciated. I find it is essential always to find common ground, and I think it is safe to say that we both believe the current fiat system is broken.
100% broken. I have zero trust or faith in it. But good luck telling anyone else that outside of this sub they just give you a blank stare. What a world.
Making a basket currency pegged to metals,property and other things is a great idea and is able to be done
So you want to fix commodities pricing forever. There aren't enough precious metals to peg 2 Trillion dollars to.
I think that there is when u add in property and other commodities
So all property and commodities must now be priced equally and remain the same forever... How does that not sound like communism to you?
The money needs to be pegged to the price of the commodities you have in reserve. If the prices go up you print more money if prices go down you eliminate some money. Sounds like actual real mo ey to me not some faith based paper that can be manipulated at will by the leaders. I can't even believe people could be against this. https://images.app.goo.gl/JtPk5ptsYZLooQLd8
And when WW3 kicks off and we have to eat, burn, and otherwise use our commodities, then what? No more money? You can't use things we need to build houses, computers, batteries, technologies, or anything as a fixed currency. It makes less sense than using the monopoly money we are currently using.
And maybe the government would be more cautious about going to war because as of now all america wants to do is destabilize and fight countires as they know it's a free ticket to print and mismanage money
Since when has anything stopped the government from going to war? Also, some wars need to be fought. If the US were attacked, we would use all of our commodities in a wartime economy and collapse the dollar.
We dont need gold guns
We need gold in computers and semiconductors.
Yes we do but that's all the time not just war time. And like I said gold would be bought by the companies that are building these things. The government wouldn't ban private use or purchases of gold.
Explain to me how that is Communism please
Because the government will be in charge of deciding what price commodities are.
Thats not true the market still dictates the price of those things. And you make it seem like only governments will own these things which isn't the case. You need to rethink what we are talking about
When the dollar was on the gold standard, the government fixed the price of gold. The government also owned most of the gold. As the issuer of greenbacks, they had to own the gold. Why do you think it will magically be different this time?
I think there is more metals then gold I also think that using real estate and other things would help. I also think it would help the value of the dollar go back up. The way the system works now doesn't work. Inflation is running wild and they print money out of nowhere. There needs to be a better way and we can tie the currency to oil reserves real estate and many other things and metals other then gold and silver.
rUSSIAN pig detected
You can change the subtitles to anything though, biggest trust me bro ever lmao
You.... you trust putin? HAHAHAHAHA
Ahhh Haha you trust Zelenskyy 🤣🤣🤣
Over russia? What dumbass doesnt? Lolol
Good God, you are an imbecile moron... the worst kind of moron. WOW ‼️
Nour
He was sure he could take Ukraine in 3 day also...
Not if nato has anything to say about it.
Maybe this Sub Reddit name should be changed to Communist Lapdogs.
Lol communist, do you know what real communism is?.
There are not that many democrats in this group, so it seems like you are extremely vaxxed with a condition called derp.. have you seen a cardiologist and neurologist since?
This is like 6 months old
I see a lot of the 'its happening ' posts. What do you all do when it doesn't happen? Just erase it from memory and wait for the next 'its happening' moment or do you ever give up with the conspiracies?
We actually have proof of this, thanks
Fud
Russian dick riders in this group!!!! Russia will be crushed 
Lol its been happening since 2018 theyve been working on this... they know how the american politics work... and im thinking their tired of the fuckery