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The War On Cash Is Irrelevant If You Own Gold And Silver
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
investmentresearchdynamics.com / Dave Kranzler /
The fear porn headlines are beginning to flood the alternative media blogs. Everyone is warning about the growing “war on cash” and negative interest rates. Yes, it’s inevitable and all the reasons why Governments prefer a digital currency to cash are obvious. First foremost is that it is the bridesmaid to the Totalitarian creep engulfing our system.
But lost in this fog of fear is the obvious alternative: gold and silver. Worried about the elimination of $100 bills because it makes it harder to accumulate and safekeep meaningful amounts of cash? An ounce of gold stores a lot more wealth than a $100 bill. Currently one roll of silver eagles is worth more than three $100 bills.
Negative interest rates? Big deal. Over long periods of time the relative value of gold accelerates vs. all other currencies when real rates are negative. When the Fed takes nominal rates negative the price of gold/silver will begin to go parabolic. Will that happen immediately? Of course not. The Fed will try to cap the price movement of gold with B-52 payloads full of paper gold. When this happens, take as much cash out of the banking system as possible and convert it into physical gold and silver bullion coins.
The post The War On Cash Is Irrelevant If You Own Gold And Silver appeared first on Silver For The People.
Thanks to BrotherJohnF
Source: http://silveristhenew.com/2016/02/18/the-war-on-cash-is-irrelevant-if-you-own-gold-and-silver/
