In this eye-opening video, we delve into a seismic shift in the financial landscape of the United States, one that has silver stackers and gold investors on high alert. As bank branches vanish from Main Street, we ponder the potential demise of in-person banking and cash transactions. With a growing reluctance to accept physical currency, a digital transformation seems imminent. We explore the impact of the recent FEDNOW launch by the United States Federal Reserve, dwindling traditional ATM numbers, and the rise of reverse ATMs, enabling cash-to-digital conversions. It’s becoming evident that an all-encompassing electronic Central Bank Digital Currency (CBDC) era may be just around the corner. For silver and gold bullion enthusiasts, this evolving financial landscape underscores the importance of precious metals as bastions of financial privacy in uncertain times. Tune in to stay ahead in this ever-changing financial world!
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In times of economic uncertainty and financial turbulence, investors and individuals often seek safe havens to protect their wealth. Amidst the ongoing challenges posed by central bank digital currencies (CBDCs), banking crises, and the looming possibility of a recession, both silver and gold shine as tried and trusted shelters.
The concept of a safe harbor is an ancient one. Throughout history, humans have recognized the need to preserve value in times of turmoil. Empires have risen and fallen, currencies have fluctuated, and economic crises have devastated economies. It is amidst these unpredictable circumstances that silver and gold have consistently emerged as reliable stores of value.
One of the primary reasons behind silver and gold’s appeal is their inherent physical nature. Unlike digital currencies or intangible assets, silver and gold can be held in tangible form. This characteristic grants them a sense of permanence and security that is highly valued in uncertain times. While central bank digital currencies may promise convenience and ease of use, their intangible nature can make them vulnerable to hacks, cyber attacks, and even accidental loss. In contrast, silver and gold can be physically held, which provides individuals with a greater sense of control over their investments.
Furthermore, silver and gold have a long-standing track record of preserving wealth. Both metals have been recognized as valuable for centuries, enduring countless economic crises, political upheavals, and market fluctuations. Their scarcity and limited supply contribute to their allure, making them attractive investments during times of economic uncertainty. In contrast, central bank digital currencies, being controlled and regulated by governments, may be subject to volatile policy changes, which can affect their long-term value.
Another crucial element that makes silver and gold a safe harbor is their ability to act as a hedge against inflation. In the event of a recession or periods of economic downturn, central banks often resort to quantitative easing or money-printing to stimulate the economy. This increased money supply typically leads to inflation, eroding the value of fiat currencies. Silver and gold, due to their limited supply and historical store of value, tend to appreciate in such scenarios, safeguarding investors’ purchasing power.
Furthermore, amidst banking crises and uncertainties surrounding traditional financial institutions, silver and gold act as a viable alternative to the banking system. In times when banks face solvency issues or undergo significant regulatory changes, individuals may find comfort in the physical ownership of precious metals. Holding silver and gold allows individuals to sidestep the potential risks associated with the fractional reserve banking system, reducing their exposure to bank failures or bail-in scenarios.
In conclusion, silver and gold have long proven their worth as safe harbor investments during times of economic uncertainty. While central bank digital currencies offer convenience and promise, their intangible nature and susceptibility to external threats can be cause for concern. The tangible and enduring nature of silver and gold, coupled with their historical track record of preserving value, make them reliable and trustworthy safe harbors in the face of CBDCs, banking crises, and looming recessions. As the world economy continues to face challenges, the allure of silver and gold as safe havens is likely to persist.
Chip choo
Cho Cho comin
Yes
Yes stagflation. Like a train hurling towards a mountain, the crash is coming and don’t expect Biden to get off the beach to help you. When STHF hits, it will separate the men from the boys. Be ready
Blows my mind. Why should we have or need state laws protecting gold/silver for transactions when it’s clearly written in the constitution which is the law of the entire US?
Some months ago, the Canadian Finance Minister, Chrystia Freeland publicly stated that many Canadians had savings and that was a problem. Freeing up money languishing in saving accounts would help the economy.
Guess what? She is succeeding in draining people's savings accounts through inflation.
Well Chrystia? Mission accomplished. Now pretty much everyone but you is broke. What's next?
I believe that with the advent of CBDCs, pms will remain a safe harbour. Why do I say that? Follow the money. We've watched governments, central banks, and the rich move more and more to pms. Who knows what game governments and central banks are playing, but the rich have an inside track on both.
The rich also seem to have advanced knowledge of what is to come in order to stay ahead of it. Governments will continue to alert the rich and uber rich allowing them to adjust accordingly.
Keep your eye on the rich. If they move, you move. Just beware of their false flags where they advise doing one thing while they themsleves are doing something quite different. Don't listen to what they say. Watch what they do and act accordingly.
I'm with you Ron on cashless U.S./world. IMO 5-10 yrs out. Gov's will issue minimum functional phones to the poor and est accounts to them. All others have phones to use for transactions for debt owed and retail.
Ezekiel 7:19-22 In-Context
19 “ 'They will throw their silver into the streets, and their gold will be treated as a thing unclean. Their silver and gold will not be able to deliver them in the day of the LORD's wrath. It will not satisfy their hunger or fill their stomachs, for it has caused them to stumble into sin.
After the implementation of CBDC, where people consume, how much money they have in total, and how much money they spend, all will be clearly visible to relevant departments, and there is no right to privacy at all.
btc is worth peoples time to learn about it,i will say it"your nuts"!:)love the show by the way great content
Choo choo
Choo Choo
You really need to get out of the basement.
I have been told there are people known as Linguists that can tell where you were raised within 10 miles by your accent so do not worry about pronunciation
Have you noticed that the paper silver to physical silver ratio has dramatically decreased. Someone who needs to trade paper silver to physical silver, wants to get the physical for as little money as they can. Since they can manipulate the market, they do. Meanwhile they are sucking up all the silver they can quietly. Someone else is going to get a huge bag of paper silver and they will cry.
Nixon reneged on the Bretton woods agreement 8/15/71. Gold has been money for 6 thousand years. Zero standard, Gold and Silver only.
Did They Pass the Cbdc's through Congress?
I’m in. Kuggerout
We have projected civil unrest on the rest of the world for decades. Now it’s our turn, and we are so weak. People are so soft in this country.. We’ll see how it turns out .I wouldn’t want to be in the Yankee North.
I’m sure it fentanyl used went up 2.1% is year.
Choo ch
choo
The federal government is the biggest money launderer in the world. And the most crooked instrument is the American dollar.