Not this Kracken. Digital currency only sets up the new world Ponzi Scheme that the Great Reset is all about. Use God's currency. What's that you ask? It's the same currency that has been used throughout history and has ALWAYS kept its value.
But is it about the metal or the paper? Brokers cant deliever the demand. Law of supply and demand dictates if something is in limited supply with high demand the price goes up. And visa versa. The price of this commodity along with silver is greatly manipulated.
Once the wheels come off this buggy, what happens to the dollar? Aka petro dollar?
Its just a question. Trying to expand thinking.
Man you are taking some heat from this post. But I agree, I think people are knee jerk reacting and not reading between the lines of what is taking place. Big banking and wall street are being challenged and this is part of the war. The petro dollar will remain because oil is still the new gold, oil's continued use has more intrinsic value than gold at this juncture, so in one form or another currency will still be based on energy production.
Yeah some people dont get brain activity. Lol. And that is why I posted this, to get people to look around at all that activity. Especially the last couole of weeks. All related.
All digital currencies are petrodollars derived. In fact, any energy innovation would dramatically injure the price of all digital currencies.
We need money, not petro currencies which can all be controlled and tracked so as to facilitate totalitarianism.
I agree. Digital currency is the future for how the NWO Nimrod world order.... intends to enslave all people. Social credit. Either comply or die. They will gladly starve your children to death to enforce their rule.
All paper denominations throughout history end up worthless. I still have pre-1984 thousands of Mexican pesos and they are all worthless. I also have currency from the Khymer Rouge-- also worthless. The demand for metals is high because every one believes Biden's going to destroy the economy. Digital currency has been pretty unstable compared to metals. If you want to distribute your assets and to diversify from paper denominations in to metals, and the hold-up is due to a back log, you might want to sink your investment temporarily in 'something' else to preserve it's value until you can buy metal.
>"Once the wheels come off this buggy, what happens to the dollar? Aka petro dollar?"
The dollar is petro-based. However, Trump mucked things up for them and their 16-year plan. The collapse of the dollar has been their plan for a long time through expanding and contracting the money supply. Back in the early 1990s Ron Paul was predicting the inevitable collapse of this great Ponzi Scheme known as fractional reserve banking. No one knows exactly when this will occur. The dollar will be the last of the world currencies to disappear. I only say that because it is the reserve currency for the rest of the world. Even the Great Reset isn't 'ready' to be launched. This is because the carbon tax has to be implemented for the new world digital currency to be implemented. Americans are opposed to a carbon tax. This is why Climate Change is being promoted. Under it's guise, it makes the carbon tax more implementable. They have their work cut out for them. It's not easy to destroy a giant economy with out making the 'natives' restless first. This is what Biden is being told to do though by the central banks.
Thanks for dismissing and down voting my comment below, that aside here are a few facts. Gold has less intrinsic value to the world than oil, natural gas and the production of energy. In one form or another future currency will be based on energy production, end of story and end of fantasy to you gold goblins.
Another fact, block chain technology prevents fiat money creation, laundering and fraud.
Knowing these two facts, where do you predict the future going?
Edit: It scares the shit out of me but I am just reporting the facts as I see them. Would you throw 1.5 billion at your beliefs? Musk did.
Now rhis is a well thoufht out comment. Thx. I wonder tho' why Musk is taking bitcoin as payment? Is this a push to force digital currency? When gold and silver bouce big, currencies will drop.
Interestinf thread.
As far as gold, the only acceptable form of paper would be stock in a gold / silver mine. Which might be a gamble type investment, seek advice if that's your approach.
Otherwise, get the metal in hand. Keep silver wrapped so it doesn't tarnish. Stash it somewhere safe.
One possible outcome is that a run on gold coins / bullion will expose the disconnect the market price has with what it costs to get the metal in hand.
Most likely. But lets keep our eyes pealed, the markets are jittery since the common Joe spoiled their plans last week. Bitcoin can be used or would be used in a digital currency scheme and is handy dandy in a social credit score system.
Can gold be used to crush their plans?
I've felt much the same. The argument is always that the "algorithm holds the value" but in practice we see that the value is based on a "market" of supply and demand. The demand comes from new investors mainly, which is the main feature of a ponzi scheme.
The markets are far more susceptible to pump and dump schemes than any other market that I'm aware (not an expert).
I agree that gold/ silver is far superior, and the fraud in those markets being exposed would be way more significant than cryptos.
Good remark. I agree.
The Kraken is that bitcoin can destabilize the status quo fiat currency, whether bitcoin is a wave of the future or not is irrelevant to the fact that the old school banksters are being challenged on all fronts.
Also, the article said Bitcoin was up 10%, I don't know about close of day but it went up 15% during the day today, which is beyond huge.
>"... bitcoin can destabilize the status quo fiat currency,..."
I'd like to know how this is so. It isn't that I disagree, it's that it seems to be the playing of 'different-slot-machines in the same casino' though. The fractional reserve banking system is already wanting digital currency and the banning of paper denominations. This is so they can have their Great Reset and start a brand new, but one world digital currency. FRBS has already told us their intentions on banning all other digital currencies. This is the reason why places like China and India are banning digital currencies like Bitcoin.
My thoughts on this is old school, but proven. Possession is 9/10ths of the law. I have always felt uncomfortable with digital currency because of how easy it is to wipe away someones digital fortune. The Fractional Reserve Banking System is the greatest Ponzi Scheme there is. With all Ponzi Schemes they begin to collapse under their own weight of fraud. It spirals out of control. This is why they want to create a new Ponzi Scheme that is worldwide and completely digital currency. Welcome to the Beast System when this occurs.
I do not disagree, at all with anything you have said.
One has to factor in that there is a hidden war taking place, against the globalists and the banksters, it just scares me that the tool we use will eventually come back to bite us in the ass.
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