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I know why Nixon is unjustly hated, but I don't know if that's the reason for blaming him like the lie that is (((watergate))). But I can't find anything sufficient to explain why Nixon is blamed and not FDR. Gold Standard was effectively ended by FDR.

1933 - Citizens must turn in, can't own gold, gold certificates, federal reserve gold notes or w/e etc. 1971 - Nixon ends the fixed price of gold that cant' really be used because of the above.

If gold's price is fixed by the fed - be honest, it's them - then is there really a gold standard at all from 1933 to 1971? It all seems like smoke and mirrors, gold was stolen from everybody and abandonned in '33.

I know why Nixon is unjustly hated, but I don't know if that's the reason for blaming him like the lie that is (((watergate))). But I can't find anything sufficient to explain why Nixon is blamed and not FDR. Gold Standard was effectively ended by FDR. 1933 - Citizens must turn in, can't own gold, gold certificates, federal reserve gold notes or w/e etc. 1971 - Nixon ends the fixed price of gold that cant' really be used because of the above. If gold's price is fixed by the fed - be honest, it's them - then is there really a gold standard at all from 1933 to 1971? It all seems like smoke and mirrors, gold was stolen from everybody and abandonned in '33.

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[–] • 6 pts 
International trade was still used with a gold pegged dollar.  As soon as Nixon did what he did, hyperinflation took hold.  Granted, because Nixon did that, the US was able to export inflation and debt to other countries, but we have no discipline as a country and dug our own debt grave as well as the rest of the world.

Stack physical gold and silver as hard as you can to weather the coming financial apocalypse. Be your own bank.

[–] • 3 pts

Okay so it was just the scope. 1933 was inside the US but the US itself still used the gold backed currency until 1971. Thanks.

[–] • 0 pt

Stack BTC for financial apocalypses. It's portable, easier to secure, more fungible, harder to confiscate, and carries smaller acquisition costs (acquiring physical gold or silver is what, a 5-10% premium?).

The only downside is if more than the financial apocalypse arrives, at which point even gold is dumb and all we need are metric shit tons of ammo to fend off Mad Max biker gangs.

[–] • 0 pt

I'm not going to talk bad about bitcoin except for a likely scenario that if the government does introduce cbdc and seeks further control, bitcoin will be forfeit.

Like gold and silver stackers say, if you don't hold it you don't own it.

[–] • 0 pt

Stack physical gold and silver as hard as you can to weather the coming financial apocalypse. Be your own bank.

I find this so funny because how is the average person supposed to decide the new value of the precious metals after the collapse? Doom and gloom preppers are the most optimistic pessimists I've ever met.

[–] • 3 pts

Read up on the free market. Somehow it decides the price of those, and everything else.

[–] • 2 pts

He prefers to rely on jew bankers and computer algorithms to tell him the price of everything. Dude would understand what real money is if it slapped him in the face.

[–] • 1 pt

CBDC, FEDNOW, mark of the beast. In revelation, it says the day will come when you can no longer buy or sell without a mark given to you by the satanic government.

I don't intend to receive any such mark.

I intend to live and help others through those troubled times if I can. As I said, I want to be my own bank.

Why do you think that after 6000 years of people deciding the value of precious metals for ourselves, because of the past 100 years it was taken over by jew bankers and SUPPRESSED, we won't be able to now?