What if...

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Silver
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What if...

Postby Silver » Wed Aug 09, 2017 4:48 am

...the US stayed on its current trajectory and went to war with North Korea (in other words, a proxy war against China and Russia like the last time our soldiers fought on the Korean Peninsula under the flag of the United Nations)? What if the Federal Reserve Hiney Wipe was then proven to be nearly worthless, not compared to other fiat currencies, but against the lasting value of real money as defined by the Constitution? What if grocery shopping consumed your income leaving no room for rent/mortgage payments? What if most people in your ward and stake and city were in the same boat as you? What if the resources of the Church were simply insufficient to take care of everyone?

Wouldn't now be a good time to diversify your financial reserve into something made by Jehovah, like silver?

Sincerely,
Silver

PS The Federal Reserve System is both illegal and immoral. Why keep your wealth tied up in such a system?
As a prophet reveals the truth it divides the people. (T)he worldly either want to close the mouth of the prophet, or else act as if the prophet didn’t exist, rather than repent of their sins. Popularity is never a test of truth. Ezra Taft Benson

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BeNotDeceived
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Re: What if...

Postby BeNotDeceived » Wed Aug 09, 2017 7:39 am

... As the international standard of commerce, the American dollar has had its day.

The proposal by Zhou Xiaochuan, governor of China’s central bank, in March 2009, to establish an international financial reserve currency based on a basket of national currencies is only the start of the process to replace the US dollar as the medium of trade and finance.

But a basket based currency, even if it is more stable, also adds more complexity. It is still based on printed money valuations and incorporates all of the other weaknesses inherent in currencies which are not hard asset based.

Even though the Chinese proposal was widely rejected, the need for a stable international trading currency is clear and is the subject of ongoing discussion. But why settle for another fabricated currency? The opportunity exists to advance to a real and stable standard.

Upon which bedrock can an upgraded currency be based to facilitate accurate valuations, stability, fluidity to represent any scale of asset or transaction and offer resistance to speculation? Gold is limited by scarcity and scalability. Although it can dampen the gyrations of national currencies, it doesn’t represent in and of itself, the real wealth creation process.

There is only one commodity which is universally produced and consumed with both the scale and resolution to represent the full scope of any human endeavour. We already measure it in tremendous detail and it is central to every economy and process. ...

If ... then we will have developed the perfect currency Image
Recognize similarity
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Destruction's door
gapes wide 2024 :ymdevil:

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Silver
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Re: What if...

Postby Silver » Wed Aug 09, 2017 8:47 am

Maybe someday, BND. Just off the top of my head, who will control energy and who will control energy currency come to mind as concerns.
As a prophet reveals the truth it divides the people. (T)he worldly either want to close the mouth of the prophet, or else act as if the prophet didn’t exist, rather than repent of their sins. Popularity is never a test of truth. Ezra Taft Benson

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Robin Hood
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Re: What if...

Postby Robin Hood » Wed Aug 09, 2017 9:08 am

Silver wrote:
Wed Aug 09, 2017 4:48 am
...the US stayed on its current trajectory and went to war with North Korea (in other words, a proxy war against China and Russia like the last time our soldiers fought on the Korean Peninsula under the flag of the United Nations)? What if the Federal Reserve Hiney Wipe was then proven to be nearly worthless, not compared to other fiat currencies, but against the lasting value of real money as defined by the Constitution? What if grocery shopping consumed your income leaving no room for rent/mortgage payments? What if most people in your ward and stake and city were in the same boat as you? What if the resources of the Church were simply insufficient to take care of everyone?

Wouldn't now be a good time to diversify your financial reserve into something made by Jehovah, like silver?

Sincerely,
Silver

PS The Federal Reserve System is both illegal and immoral. Why keep your wealth tied up in such a system?
I'm trying.
I keep buying Silver Britannia's whenever I can.
Might even push the boat out an get some gold too.

Silver
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Posts: 4067
Joined: Sun Jul 19, 2015 3:31 pm

Re: What if...

Postby Silver » Wed Aug 09, 2017 9:42 am

Robin Hood wrote:
Wed Aug 09, 2017 9:08 am
Silver wrote:
Wed Aug 09, 2017 4:48 am
...the US stayed on its current trajectory and went to war with North Korea (in other words, a proxy war against China and Russia like the last time our soldiers fought on the Korean Peninsula under the flag of the United Nations)? What if the Federal Reserve Hiney Wipe was then proven to be nearly worthless, not compared to other fiat currencies, but against the lasting value of real money as defined by the Constitution? What if grocery shopping consumed your income leaving no room for rent/mortgage payments? What if most people in your ward and stake and city were in the same boat as you? What if the resources of the Church were simply insufficient to take care of everyone?

Wouldn't now be a good time to diversify your financial reserve into something made by Jehovah, like silver?

Sincerely,
Silver

PS The Federal Reserve System is both illegal and immoral. Why keep your wealth tied up in such a system?
I'm trying.
I keep buying Silver Britannia's whenever I can.
Might even push the boat out an get some gold too.
Silver is really the wiser purchase at this time given the exchange ratio. But sometimes a little spot of gold in your hand can be handy. Remember, it's not that gold is expensive. It's that fiat currency is so worthless.
As a prophet reveals the truth it divides the people. (T)he worldly either want to close the mouth of the prophet, or else act as if the prophet didn’t exist, rather than repent of their sins. Popularity is never a test of truth. Ezra Taft Benson

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BeNotDeceived
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Joined: Fri Dec 23, 2011 4:55 am

Re: What if...

Postby BeNotDeceived » Wed Aug 09, 2017 9:58 am

Silver wrote:
Wed Aug 09, 2017 8:47 am
Maybe someday, BND. Just off the top of my head, who will control energy and who will control energy currency come to mind as concerns.
The if cited above should be in capital letters as storing large quantities of energy is currently beyond our capabilities. In lieu of storage there is certified capacity to produce.

Care is needed to ensure safety, limit pollution, etc. Something similar to ICAO :-?
Recognize similarity
7 years of prosperity

2 cents paid advance
2 days wasn't chance

Destruction's door
gapes wide 2024 :ymdevil:

The wise will know change is near
Be prepared and you shall not fear

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BeNotDeceived
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Posts: 572
Joined: Fri Dec 23, 2011 4:55 am

Re: What if...

Postby BeNotDeceived » Wed Aug 09, 2017 5:18 pm

Robin Hood wrote:
Wed Aug 09, 2017 9:08 am
Silver wrote:
Wed Aug 09, 2017 4:48 am
...the US stayed on its current trajectory and went to war with North Korea (in other words, a proxy war against China and Russia like the last time our soldiers fought on the Korean Peninsula under the flag of the United Nations)? What if the Federal Reserve Hiney Wipe was then proven to be nearly worthless, not compared to other fiat currencies, but against the lasting value of real money as defined by the Constitution? What if grocery shopping consumed your income leaving no room for rent/mortgage payments? What if most people in your ward and stake and city were in the same boat as you? What if the resources of the Church were simply insufficient to take care of everyone?

Wouldn't now be a good time to diversify your financial reserve into something made by Jehovah, like silver?

Sincerely,
Silver

PS The Federal Reserve System is both illegal and immoral. Why keep your wealth tied up in such a system?
I'm trying.
I keep buying Silver Britannia's whenever I can.
Might even push the boat out an get some gold too.
Gold is found in its natural state and large deposits are likely to exist in the Earth. When tapped or released to the surface via volcano the price will plummet.

On the other hand there's nothing fiat about titanium. It's a commodity whose value is based mainly on its work content. BTUs KWHs barrels of oil, uranium fuel rods and many food items are also commodities valued because of work content.

You can even win a bonus ounce by being the first to post the destination of this package which was sent in part to try international shipping. I'll gladly ship international if you or anyone wishes to participate.
Recognize similarity
7 years of prosperity

2 cents paid advance
2 days wasn't chance

Destruction's door
gapes wide 2024 :ymdevil:

The wise will know change is near
Be prepared and you shall not fear

harakim
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Posts: 221
Joined: Mon Dec 15, 2014 10:08 pm
Location: Near Lehi, Utah

Re: What if...

Postby harakim » Fri Aug 11, 2017 4:04 pm

I save dollars because I have debt. If our fiat money becomes worthless, great. I'll pay off my house. If not, I have some dollars. At some point though you need to diversify. I would consider ammunition in addition to silver.

brianj
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Location: Vineyard, Utah

Re: What if...

Postby brianj » Fri Aug 11, 2017 9:39 pm

One thing that needs to be pointed out is that the Korean war never ended. A temporary cease fire has been in effect for the last 64 years, but a state of war still exists and this has never been forgotten by leaders of North Korea even though Americans and most South Koreans like to pretend the war is officially over.


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