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Post by twp on May 28, 2023 3:06:56 GMT -6
The full title of this article: Gold, The Great Depression and the On-going Monetary System Bank RunPosted in Rawles' website, SurvivalBlog.com survivalblog.com/2023/05/28/gold-great-depression-going-monetary-system-bank-run-hubert-moolman/I recommend reading the entire article. It is not too difficult to understand and most of us will understand the historical reference to the previous period in US banking collapse which is called "The Great Depression". Preppers SHOULD take this as a serious warning and take actions to protect their wealth. The author, Hubert Moolman, and James Wesley, Rawles both offer suggestions on possible actions with respect to such protection. It is up to each of us to decide when to act (now, Now, NOW) and how much of our individual wealth to move to other places and other forms. Some will ignore the warning signs and some will act. Which camp will you be in, if/when the bottom falls out of the currencies (all of them, world-wide)? Remember: “Those who cannot remember the past are condemned to repeat it.” – George Santayana Do you hear the beating of the drum? I think it is getting Much louder. Please pay attention...
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Post by drhenley on May 28, 2023 9:05:44 GMT -6
I am now land poor because we sunk all our FRNs into buying property with cash last month that is way off grid. I'm putting together a solar system for it right now. It has a well with good water. No fiat left to speak of, but I've got beans and bullets, gold and silver, and land (with no mortgage) in three states with oaks and pines, and fish and game.
Bring it on!
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Post by kelabar on Jun 2, 2023 23:16:14 GMT -6
Good article, thanks. The comparison between gold then and cash now is worth knowing about.
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Post by twp on Jun 3, 2023 3:28:04 GMT -6
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