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1. Won’t the trillions of dollars being repatriated back to the US from the corporate tax reduction affect this? One would think it would increase the demand for dollars and bolster its price.

   1. Drop in the bucket.
      There’s still well over a QUADRILLION in derivatives out there.

2. 90% of my current transactions are in non- cash vehicles. Mostly CCs or ACH. I write less than one check a month. Is crypto the new world’s reserve currency? Despite its long history will gold fade from trade and become just an industrial metal? If you know the answers please shoot me an email. Meanwhile I’m paying down debts and buying silver.

3. Great article until the end. The price of silver and gold are highly manipulated, big banks are using paper contracts to move the price at will and nothing that happens with interest rates or T-bills is going to change the price of gold until the manipulation is stopped. Period.

   IMO they hold the physical price just above the cost of production so the miners keep supplying.

   Currently for every ounce of gold in the world there exists 5 ounces of silver.

   Historically silver vs gold exchange rate was 15:1.

   Currently the exchange rate is about 70:1

   The numbers don’t add up, but IMO if you have extra money to invest, silver looks like the best deal.

4. Silver, I think, is the big sleeper here.
   It’s easy to do business with, some of us are already using it for trade transactions, and the historic value ratio is very skewed.
   Gold is hard to obtain in small denominations/coin size.
   But, an ounce of metal will always only be worth what someone else is willing to trade for it. Trying to assess it’s value in dollars is misleading.

5. Question for the group. Is the following over simplification? When the petro dollar dies, recession/depression begins…because stock market crashes, businesses fail, prices rise, unemployment goes off the charts, foreclosures and repos begin again, people have no place to live, no way to get food, riots take over the cities and USA becomes Venezuela? What did I miss?

6. I used to be worried about investments. But the cycle will repeat itself and best to have an offgrid approach to sustainment. JWR was right all along. If you have grocery shelves clearing out in cities then you have your garden and food stock. When the Powers to Be shut off utilities to submit the Subjects you have your well water with solar and septic and maybe propane for a while. When a police or paramilitary action rises such to the likes of Venezuela then you have your arms and stock of peripheral devices (scopes, wind meters, body armor, camouflage, night vision, et al. ) to become more military like on the playing field.

   Having said that, everyone should be self sufficient before they get into stocks and bonds and real estate investments and the like. You’ll be much more hedged for a crisis than you think and sleep well at night.

   We will be getting back into our routine of investments once our three year hiatus stops upon building our peace of mind all off grid. It really does take that long to off grid for those of you thinking a bug out bag to the national forest is all you need to hedge against the zombies.

   God bless and thanks for sharing.

7. I disagree with Brandon’s last statement “Gold is one of the few assets that always does well during times of crisis.”

   1) In a deflationary depression, gold does poorly and long term Treasuries do well. Look at what gold did in the 2008 crisis: Fell from around $1000 an ounce in the spring to $750 by Jan 2009.

   2) US tax policy is very hostile to gold and other collectibles.

   3) Think your gold is secret? How? Any purchases of more than $10,000 in cash trigger Patriot Act reporting. Checks or credit cards payments to gold dealers are self-reporting.

   4) When you sell, you have to report capital gains. Golds sales are taxed at the maximum 28% rate (https://www.irs.gov/taxtopics/tc409 ).

   5) Take it overseas? Any assets over $10,000
   have to be reported to Customs. And let’s face it — the US is the biggest GDP on the planet.
   With nukes and by far the most powerful military. If we go down we will take the rest of the world down with us.

   6) And, of course, in the Great Depression Franklin Roosevelt banned private possession of gold. Think current government will be more respectful of private property rights?

   According to the Bill of Rights, FDR should not have been able to take people’s gold without paying a fair market rate. But guess who set the sales price?

   Now guess which pack of judicial prostitutes endorsed setting the sales price in that matter. with the truly brazen sophistry that since the government had banned private ownership of gold then the gold was obviously worth very little and payment of a few cents on the dollar met the Constitutional requirement of “no taking without compensation”. heh heh heh

   Read ’em and weep, rubes.

   1. Donny, I think Brandon’s last statement “Gold is one of the few assets that always does well during times of crisis.” might have been more simple than you realize.

      Clearly there is always a better investment in the short term. Technically gold should have a zero percent return long term. Long term it’s a store of value. Gold buried under your steel fence post out back can’t be destroyed by a personal, corporate or national debt bankruptcy.

      In a sense I guess you’re right. If I was a multi-millionaire and wanted to evade taxes and hide large gold purchases it would be difficult but at some point you just need to recognize there is nothing more you can do. I personally don’t worry about any FDR type actions because most gold is held by ETFs and banks. If the feds want gold they will take that. As I understand it, even FDR didn’t send out goons to everyone’s homes. They just trusted the rubes to do as they were told.

      1. The preponderance of liquid wealth in this country is in IRA’s and 401(k)’s. They know where it is and it’s composition. Very easy to grab.

8. The idea that the dollar is going to be worthless is not based on facts.
   The US dollar right now makes up 70-80% of all global trades. No other currency comes close to the size of the US dollar in the world.

   We are also the biggest dog in SDR’s.

   The idea that subversives in the Federal Reserve are going to purposely crash the global economy is nuts. They are a private institution not government and they like profits.

   I see the next economy crisis will create a strategy for the US to go cashless. That single act stops all sorts of illegal trade since all transactions can be tracked in real time.

   This matches Scripture too since in the End Times no one can buy or sell without the mark. This demands a high tech system not a barter system.

9. See Nortz v United States:
   http://caselaw.findlaw.com/us-supreme-court/294/317.html

   Note also how in Perry v United States, the government not only took the gold of the people — it also welched on the Treasury bonds it owed them. The Supreme Court agreed that that had happened but refused to order relief. SO much for the sacred validity of the public (i.e, federal ) debt.

   Franklin Roosevelt publicly stated that he would IGNORE a Supreme Court order re gold clauses if it went against him. And the Court backed down with truly crooked reasoning.

   https://scholarship.law.ufl.edu/cgi/viewcontent.cgi?article=1026&context=flr

10. So in the mist of all this uncertainty and guess work where would you put $20,000 to $30,000 in cash now so as to protect it but also to be able to use on short notice

11. Moral of the story: Thus predictably ends any system based upon fraudulent, fiat-currency, Ponzi schemes. Any way you dress it up, it’s all still a value-fiction, which people have been conditioned to believe (Full Faith and Credit) actually exists beyond the imaginative musings of an “elite” criminal class who have successfully played this “game” and have absorbed real world assets (including fruits of labor) with zero real investment or liability on their part.

12. The strategy of protecting $30,000 and yet to have access quickly than some parameters must be known.

    If losing principle was a non starter than the $30k would have to be in cash and not in a bank or stock market.

    To store such amount would difficult but not impossible.
    A good home safe would do the trick but not all of it.
    I would divide it up in 1/3’s with $10k in safe, small bills. Another $10k would be stashed in various locations as One purposes.
    Now if you want to travel, get $5000 in Euros and Pounds but that would be an individual choice.

    One could have the last $5000 in gold— 1/4 Eagles.

    You would have diversified the funds and you could be mobile.

    Now you know all money has a magnetic strip in it and it can be detected.

    1. Skip, so you would keep $5,000 in gold, $5,000 in Euros or Pounds and $20,000 in US cash?

       Not a terrible plan but it’s a little dollar heavy for my taste. If I was in the “grab and run” mindset I would probably exchange $10,000 of the $20,000 in US dollars for $5,000 in silver and maybe $5,000 of Chinese or Japanese currency.

13. Steve, the reason it’s dollar heavy is just the scope of US dollars influence.
    Most European nations accept green backs. Canada does also but will not take a Euro or British Pound.
    The 1/4 gold Eagles could be sold anywhere there is a coin shop. But you still have to sell it to get fiat currency in that nation.

    As for China or Japan, their debts are higher than the US and to far away to make travel in the event of crashing markets.

    Just check and see how many nations that do not trade in US dollars. It’s not that many and they are 3rd rate nations with Uber corrupt leadership.

14. I am not licensed to give financial advice –following is just my opinion.

    1) If you want money overseas, then it seems best to move it there now. Whether to have it show up on IRS records or not is left up to the reader. But obviously moving it there now gradually is easier than trying to move it across international borders in a crisis. In the later case, I don’t see many alternatives to swallowing some diamonds. Hopefully , not zircons some crook offloaded onto you.

    2) I don’t understand the idea of putting the money into foreign banks. Either they pose a gangster risk (see Cyprus) or they are rent boys to Washington. Whereas precious metals and currency can be buried in the ground with no one in the foreign country the wiser.

    3) I kinda like Harry Browne’s idea of keeping speculation funds separate from wealth that must be preserved and his idea of preserving wealth with the Permanent Portfolio: 25% cash/short term Treasuries , 25% gold, 25% stocks and 25% long term Treasuries. The idea being that adverse events that drive down one asset class will lift up another. Inflation may drive long term bonds down but will lift gold. Whereas long term Treasuries with high security and guaranteed income do well in a depression with deflation (falling prices.) Stocks do well if prosperity (including the false kind of government bailouts) occurs. PRPFX is a more complicated version of this:

    https://en.wikipedia.org/wiki/Fail-Safe_Investing

    https://en.wikipedia.org/wiki/Permanent_Portfolio_Family_of_Funds

    I admit I wince at the idea of putting money into the current stock market but as someone once joked, the market can stay irrational a lot longer than you can stay solvent.

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