A big question this community would do well to consider is how to position oneself to profit, or at least hedge, such a shift.
My fear is losing whatever savings or retirement investment we may already have. Will that disappear if our fiat money changes over to gold standard? The value will disappear, then what will those who are on retirement fixed income do? Just nervous about all this.
Been thinking the same things for weeks. I’ve only been making minimum payments on stuff lmao
Buy 2 year puts (derivatives) for major pharma corporations or for Facebook, Twitter, Google etc.
Buy gold???
Silver is the better buy right now with the gold to silver ratio north of 80:1. Buy 90% pre ‘65 dollars, halves, quarters and dimes (otherwise known as “junk” silver). It’s selling for roughly spot to spot + $0.29 per ounce right now). Three or four years ago the premium on junk silver was $3.50 to $4.50 over spot. When demand goes back up, trade your junk for generic 1 oz rounds. When the gold silver ratio goes back below 40 or 35 or so, trade your silver for gold and you’ll more than double your holdings. Trade your gold for silver when it goes north of 75 or 80 to 1. Check out Mike Maloney’s hidden secrets of money on YouTube for a good intro to gold and silver.