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RE: Stocks And Bonds Are At A Major Crossroad, Something Has To Give. By Gregory Mannarino

in #money8 years ago

I'm still a strong believer in Gold and Silver.
I do agree with you getting into crypto.
I'm learning everything,I ca ,and there's a lot, in understanding and buying as well as which "mattress" to put in under.
As much as I'm for it, just open an account with coinbase, so many mixed reviews, I'm going to try some small buys at first, but I still don't know enough to say anything for sure.
If the internet gets regulated to the point, which we can all be tracked by our digital footprint and if the damn governments get involved, will the tax it as you buy and sell, make you buy yearly licenses, could they make a legal form of coin outlawing the rest? I know I've got a lot to learn but right now these seem like good legit questions.

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The US/UK/Cabal cannot stand any alternatives to the petro-dollar / narco-dollar / US Treasuries system. I fully expect legislation and regulations on crypto currencies in the form of taxes and tracking.

Don't trust any software "wallets" held on someone else's computer. Learn and get desktop wallets and hard/USB wallets.

You Are Right To Be Concern The Fed Is Researching And Producing Their Own Block Chain Payment Model, Called "Fedcoin" ! That Is Why I Don't Have Any ! I Buy Silver Something I Can Hold In My Hand !

If the government is desperate enough to start taxing and confiscating precious metals then an alternative is numismatic coins and gold/silver jewelry.

Ive been doing some reading the last 24 hours and watching videos about Gold Silver and crypto.
Yes I couldn't agree with you moreAlexxx, Silver is WAY undervalued and even with crypto being the thing to get into, problem is which one will prevail?
At least we all know silver and Gold will remain a store of wealth.
I have no doubt the governments will get involved and this wont be a free monetary system, they cannot allow it, and here is a very interesting video if you haven't watched it with cliff high. VERY INFORMATIVE
Silver should be at $600 and possibly could even? Just think if he is right, gold and silver 1:1 ratio!!
http://usawatchdog.com/crypto-currencies-show-global-reset-underway-clif-high/

Clif's prediction would have been right if Silver prices weren't rigged since decades. The biggest threat to the US-$ was Gold and Silver (remember Paul Volcker!) as real money, as a real store of value throughout centuries! And they still are a not-only-alternative but a "must have"! But in my opinion, Cryptos will bring the FIAT paper system down to its knees; it's only a matter of time depending on "when will the common citizen recognize that the 'hunger games' of inflation is stealing his money on a daily basis, and when will be the day they're losing trust!?" By the way... - Clif is one of the brightest and wisest man I've ever had the luck to listen to! Cheers!

Thank You For The Video! I Am Trying To Understand This Situation !