Are we in the beginnings of a Doom Loop?

There are a lot of ppl talking on CNBC about the current state and even one of the Hosts wrote a book on it- comparing it to 1929 type of comparisons. I guess the bigger question is where do you park your money if you think that the "end is near". I'd say either gov.t bonds, real estate or gold, but even gold is really high priced based on statistics etc. right now. And real estate will devalue if a depression hits- as sellers will flood the market and buyers will dry up- till it's bargain basement prices again.

anybody doing any foreign currency trades etc? That's one thing I've not done despite having 5% in crypto just to keep a toe in the proverbial water. I don't believe in it much- but clearly there are some who do. Originally Posted by eyecu2

Silver. In your possession. Gold and silver are the only things that are constitutional money. Silver is still cheap. Although a pre 1965 dime will run you $5. Let that sink in. 1oz Silver Eagles are around $58 presently. I bought more yesterday.


Reminder.

Only 0.5 % (Less than 1%) of the population hold any physical silver savings at all!

Ammo, eye. Lead can help me secure silver, gold, bottlecaps or waffles in a variety of ways.

I've got lots of pew pews, and all that. I would think that heavy metals are difficult to keep and carry so I'm not so sure about that. I keep minimal cash on hand vs in my various savings and investment locations. But I am gonna think about purchasing maybe 80k in gold here as it's much easier to transport than 80k in silver. Lol.

I've got lots of pew pews, and all that. I would think that heavy metals are difficult to keep and carry so I'm not so sure about that. I keep minimal cash on hand vs in my various savings and investment locations. But I am gonna think about purchasing maybe 80k in gold here as it's much easier to transport than 80k in silver. Lol. Originally Posted by eyecu2

The Gold to Silver ratio is around 80/1. Historically high. Normally it’s around 15/1. You can buy a hell of a lot more silver. When the GS ratio tightens up, and it will, you can trade your silver for gold and have 6 times as much gold. I don’t know your living arrangements, but if you live in a house, you can easily store 2000 ounces of silver safely. It would cost a little north of 80k depending on what you buy. Real assets in your possession with no 3rd party risk.Then I would suggest you buying a firearm and some ammo. To protect your bottle caps and waffles.

Once the final dollar crunch hits and the Fed is forced to print, it’s over. That’s it.

Start the final countdown.

$4,200 gold isn’t an investment decision.
It’s a currency crisis warning.
Central banks don’t rush to gold because they think it’ll go up.
They rush to gold because they know their currency is going down.
And if central banks are scared?
You should be TERRIFIED.

Dollar has been shitting the bed lately. Ugh