Loading ...Fiat’s FINAL Chapter
The book on the globalist fiat system has been written and the world is in the final chapter. It can play out in either a devastating, uncontrolled hyper inflation, like Weimar Germany, or in a controlled massive revaluation of the gold(and silver) price. The later is the better solution because it would include a return to a gold standard, and should include measures to assist the citizenry in the transition. This week is likely to be the last, best time, to get out of fiat and into precious metals.
Oh, goodness. How many times have we heard “this is the last chance” – the last month, the last week, the last weekend, the last couple of days, the last day, the last hour, the last minute, the last second, to dump everything and load up the precious metals and miner stocks.
About a 99% failure record.
YEP
Lotsa last times. One is bound to hit though.
The track record of “last times” loses to a broken clock, which is at least right twice every 1,400+ minutes.
Try reading with comprehension.This was the EXACT quote, “This week is likely to be the last, best time, to get out of fiat and into precious metals.” Any time except maybe a crash in PM’s, IS always the best time to exchange fiat into PM’s.
Seriously? That’s the best you can do?? The last, best time…until next week. Or next month. Bwaahahahahahahaaa
Sir Chartmaster, I agree with your assessment.
People keep looking at gold in terms of how many dollars it costs to buy an ounce.
I look at it the other way around … Example how many ounces of gold does a house cost.
And that number is dropping and dropping fast and hard.
We have to keep FIAT to buy things and pay bills… but we should keep our savings in PM’s.
Of course I exclude stock investments which must be in FIAT.
This is a long game, not a day traders game.
I first started into PM’s in 1999 when gold was trading at 250-275$ per ounce.
What an amazing return in my investment.
And by the end of this year it will surely be much better than now.
I have been ridiculed and made fun of as I saved and bought Gold, Silver and miners.
Let the critics have their say.
In the end the truth about the poor state of the global financial economy will be known.
Cheers
What you are saying is totally irrelevant to the critique of someone who for months proclaims its the ‘last week.’
On his part it ia absurd to reply that we are grouches who need to complain..
NO we are not. The pontification on the subject is a bit much… thats all.
I agree and could care less about critics especially ones that are just cranky grouches. I ignored the first comment but when knowing that it is someone who expects the metals to instantaneously go higher everytime you make a post, even when you put specifics about a week or month or whatever timeframe you put forward I have to go back and repeat what I specifically said because some are not happy unless they have something to complain about. I know my track record on both long range and specific trading calls and will match it against any I have seen here. I don’t always get it perfect and neither does anyone else.
Farmer kept us in check to some extent.
These days I know when to keep quiet.
Silence is the sleep that nourishes wisdom.
Francis Bacon
It took me until age 66 to learn the wisdom! Until then it was just a fight at every turn. LOL