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RE: The Greatest Transfer Of Wealth: What You Need To Know

in #gold8 years ago

Well, if you've still held your gold/silver, good for you! There's nothing like diversification. Occasionally I keep adding to the stack, but just getting my toes wet in crypto. It never hurts to have a bit of everything LOL... something is bound to work. Although, yes, there is little doubt that the fiat dollar, backed by air, will fall. What's that saying? 90% of the movement happens in 10% of the time? ...or something like that... hang in there.

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The fiat dollar is not backed by air, but oil. I am not convinced of any of the arguments for a new monetary system to be rolled out after a crash, I think that is hopium. Gold could be added to the SDR, but it does not show up even as a pending decision by the IMF. If I could be convinced that the cryptos will just create a parallel system that will not be outlawed by TPTB I could have more faith in it. But the bankers want it under their control, so how would that be better than what we have now?