- Registrado
- 20 de Abr, 2021
As the United States is entering an inflation. People have been stocking up on Silver and Gold to attempt to survive the devaluation of the US dollar where people are anticipating the end of the United States dollar. History has shown instances of hyperinflation that has happened in many countries (some of the most infamous happening in Germany in the 1920s and Zimbabwe in the Late 2000s). A lot of countries have become dependent on the US dollar for things that trading and any country that has introduced currency linked to gold to compete against the US dollar such as Iraq and Libya has been invaded with their leaderships toppled with China planning the introduce that same gold linked dollar in 2018 only to back down later.
This chart for example has shown that purchasing power has never recovered to pre Federal reserve levels with only a few instances of revaluing and key events that has led to consistent falling of the US dollar from 1913 - 2020. Ever since Joe Biden has become president, the US dollar has been anticipated by many to fall and cease to exist. This would only serve to benefit the bankers of the United States while everyone else would suffer tremendously due to the dependency on the US dollar. It's hard to tell if the dollar would collapse in our lifetime even though it is long past the average 94 year lifespan. As of today. Only 20% of the world's currency remains.
Since 1971. US has ran out of Gold reserves to keep the valuation of money and was forced to abandon it, decades prior had the dollar planned to be based on petroleum which explains why the United States keeps their alliance with Saudi Arabia to keep the dollar stable while relying on Oil from Saudi Arabia. Many countries such as Russia and China also plan to create alternatives to the US dollar to prepare if the US dollar does collapse. Many Silver and Gold companies also anticipate the end of the US dollar to sell people so called Silver and Gold which in many cases have been scams.
This chart for example has shown that purchasing power has never recovered to pre Federal reserve levels with only a few instances of revaluing and key events that has led to consistent falling of the US dollar from 1913 - 2020. Ever since Joe Biden has become president, the US dollar has been anticipated by many to fall and cease to exist. This would only serve to benefit the bankers of the United States while everyone else would suffer tremendously due to the dependency on the US dollar. It's hard to tell if the dollar would collapse in our lifetime even though it is long past the average 94 year lifespan. As of today. Only 20% of the world's currency remains.
Since 1971. US has ran out of Gold reserves to keep the valuation of money and was forced to abandon it, decades prior had the dollar planned to be based on petroleum which explains why the United States keeps their alliance with Saudi Arabia to keep the dollar stable while relying on Oil from Saudi Arabia. Many countries such as Russia and China also plan to create alternatives to the US dollar to prepare if the US dollar does collapse. Many Silver and Gold companies also anticipate the end of the US dollar to sell people so called Silver and Gold which in many cases have been scams.
Última edición:
