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Interesting . Have always been perplexed with banking and its insatiable greed. Perhaps it’s like a drug addict or alcoholic ? Their addiction drives them to more and more insane measures.
Human nature is an interesting thing. A handful of people inflict wide-ranging misery yet the populace does nothing to remove them.
As far as the president is concerned will hold off judgement for now. It’s quite obvious the Establishment is against him and that means he’s working in my best interest.
The bankers and their enablers, media and politicians are depending on people’s ignorance, apathy and and sometimes plain stupidity to carry out their plans.
We can continue to try and educate our fellow citizens . It looks like an uphill battle.
And then they’ll promote their wonderful tattoo of numbers they’ll put on your hand so you can buy or sell.
Tangibles, the most important of which are the Holy Bible and our walk with Jesus Christ.
This article lead me to re-read Philippians 4:19. The truth today, tomorrow, forever.
Already, many in the preparedness community embrace bitcoin. How gullible are we?
I’ve been reading about the collapse of the dollar for two decades. Relative to many currencies, it’s only gotten stronger.
Yes please box up and mail to me all of your useless and failed dollars. I will be sure to find them a good home.
In the Rabbit Hole touched on this the other day. In a nutshell, they said there are say, 40 steps between now and a complete collapse of the dollar as currency. In steps 1-39, dollars are still useful.
I will also accept worthless socialist dollars in exchange for glass beads.
You could wipe your @ss with them….
Just sayin’
I’m not an economist and I’m not a world traveler, but what I observe through various media sources is that all economies of all countries are struggling with the same or similar influences. So is that the “globalist plan” or is it that every one is cat scratching to get to the top of the sovereign nationalism heap? I have faith in the USA, it’s manufacturing capability, it’s creativity and economic inventiveness. It needs to be allowed to function and not be manipulated. I’m not going to comment on Biblical prophecy’s role in that.
The world’s “informal”, reserve currency has changed approximately every 80-100 years. I say “informal” since there is nothing mandating the use of said currency, but it seems the world flocks to the new reserve currency after each transition.
Ironically, that 80-100 year cycle seems to align with the transitions mentioned in the 1997 book The Fourth Turning. In the book the authors discuss a repeating pattern with every fourth generation.
https://amzn.to/2B467wO
The next transition might be to the Chinese Yuan. However, China would need to develop a Bond market. Watch for this.
I personally believe a large war will precede the transition. The war would be a distraction to the debt problem.
For goodness sake people, gold and silver do not have any true intrinsic value, just like everything else. Gold is only worth, what, $1500 an ounce because people are willing to buy it for that much. It’s a figment that can and does change daily. I know a lot of you choose to invest in it, but what you’re hoping is that gold’s value will decrease less in comparison to other items in a crash. You may well be right, but it isn’t magic.
Yes, but all fiat currencies eventually inflate away to near zero. That will never, ever happen with gold and silver. There is safety in a diversified portfolio. Everyone who has any substantial net worth should keep 10 to 20% of that in precious metals. It is your fire insurance on the Dollar.
Agreed, there is always safety in any diversified portfolio. There is even precedent where landowners in the South were able to pay taxes on their properties after the collapse of the Confederate dollar using tangibles. But when people swear to me that gold will never decrease in value, it makes my eye twitch.
Correct me if I’m wrong, but even if we returned to the Gold Standard tomorrow, there would still be fluctuations in currency markets and exchanges based on the value of gold. I don’t see how it fixes the situation?
I didn’t say that “…gold will never decrease in value…” I said that it would never go to zero. Again, gold is not a traditional investment for speculative gain. It is for wealth preservation. Buy on the dips.
JWR, comment wasn’t directed at you. You don’t say that, but other people have in conversation. I’m willing to bet other people here have heard similar. Long story short, whenever gold comes up I see people engage in what I consider magical thinking, which I find odd for a group otherwise firmly rooted in risk analysis.
I agree with you 100% Mr.Rawles. Gold, Silver, precious metals, will never be reduced to zero. Bitcoin and all the other “electronic” forms of money are of little value if you cannot access them. What you can carry in your pocket, or in the larger sense, what you have available to trade, purchase what you want or need will be the only thing of value in the long term. Paper dollars or any form of currency simply made it more convenient than carrying around a pocketful of gold or silver. It is supposed to be based upon the value of gold held in trust, bit for probably the last 80 – 100 years has not been the case. I’ll put my trust in what I can physically control, all other is simply here today, and when you wake up the next morning, you’re flat broke with no recourse. All it takes is the right virus with a bad attitude and all of a sudden an entire continent, or worse, is flat broke.
Add to that all the Verucia Salt’s (“I don’t care! I want it NOW!”) out there, and you can see where things are headed. Stick to gold and silver! They will always turn heads!
I believe things will steam along fine until the rapture hits. The rapture will cause chaos and set the stage for the antichrist to overtake the world rapidly as it’s savior (white horse). Once in control, he will force Israel to give up Jerusalem, which is the causation of the war in Isaiah. This is the red horse. The end of this battle will cause the peace treaty to be signed and the Great Tribulation begins. Next comes the black horse famine. This will be the result of the loss of many of the American farmers due to the rapture, and through financial collapse of farms. Either the crops don’t get planted, or don’t get harvested. Next comes the ashen horse with death and disease in it’s path. Also during this time, animals will loose their fear of man, so you may not be able to trust your dog. By the time these riders have ridden, one quarter of the Earth’s population will be dead. And this is just the start of things to come!
From the time of the rapture to the signing of the peace treaty, there will be no Christians on Earth. Then the two witnesses appear and save the 144 thousand from Israel. They in turn, save all that can be saved during the tribulation. This is just as it was before. The Word went out first to the Jews, and then unto the Gentiles. This is my goal in prepping! To give my blessing to those caught in this time who have come to our Lord. My hope is to provide them with what they need to survive until the Kingdom, and also to minister to others.
PM’s have “intrinsic” value as chemically inert electrically conductive, reflective, etc. However their value as “money” is that they are easily identifiable, rare, and durable…”pretty” has not hurt them, either. These intrinsic physical properties have historically given them real value as media of exchange AKA money. That will not go away. So JWR is correct, fiat money, and especially electronic money the value or availability of which to particular individuals can be politically controlled CAN and often will go to zero (or negative, if your transaction traces you). PMs’ value can go low, but not to zero.
Many Globalists view the death of many of us, as their ultimate goal. Economics and Politics is just part of the process, to ultimately kill-off a large number of people. Yes, there are Globalists that want a lot of people around to boss about, and rule over. But, there’s always the specter of death. Mao, Stalin and Hitler were all mass murderers.
China had the one child policy; there are still limits to the size of families now. In many places in China now, there’s now a two child policy; plus, apparently no forced abortions for women that conceive triplets. [The Globalists want to send many of the USA jobs and manufacturing plants to China. The Globalists want to get richer, using their economic slaves in China and elsewhere.]
There’s information available, that couples in the USA, will voluntarily limit the number of children they have, when there is a bad economy.
It’s commonly taught in USA schools and colleges, that = there are too many people in the world. … Movies and video games such as Fortnite, portray the ‘elimination somehow’ of most of the people in the world, as an opportunity to live in paradise; or to live a more exciting life. [Fortnite the game is described on Wikipedia]
The possible collapse of our system will not be fun. … SurvivalBlog has useful information about living through a collapse. On the SurvivalBlog site, is also information about how to store the needed information, and keep it available for later use.
Thank you to JWR for posting this column.
Thank you Brandon, You very clearly laid out the problem. What you failed to do is present a solution by which people, at least thinking people, might resist or overturn this head long rush to the final days. As I see it the only thing that is presently sustaining the U.S. place in the world is that we have had one of the preeminent military forces in the world with nuclear capabilities. (As social changes in the military proceed there is a question as to how long the preeminence is maintained.) I believe a large percentage of veterans would agree that this is no longer the country for which they were willing to put their body in harms way. I would not want my father (U.S. Army -N. Africa / Italy) to ave seen what the U.S. is becoming. The cultural. social, economic shifts are being brought on intentionally by a dumbing down of Amerikans, which is prevalent at every level of education (exclusive of private and home schooled). On a college level professors teach what THEY believe as fact rather than teaching the student to use empirical data and logic to think for themselves. Brandon, you mention the fall of the British Pound, let’s remember there was a Hungarian, disavowed Jewish, Nazi sympathizer who was a key player in that debacle , with great benefit to himself. (I will not mention his name but will say that when he whistles, Satan’s dogs come running. ) Returning to the Global reset, I believe that it will financially have multiple steps. I believe the steps will be Currency (paper money) precious metals, lead. Interestingly enough Americans are so complacent that the “lead” phase may never materialize. However I do believe that the country will see an active black market / tangibles/ precious metals economy thrive, albeit illegal. (think of the penal industry as a growth industry) While paid off real estate is a great hedge for the present keep in mind how easily it can be confiscated.
Anyone that is looking can see the problem. AGAIN BRANDON, what is the solution??
The Economist is pining for the slowing of globalization:
https://www.economist.com/leaders/2019/01/24/the-steam-has-gone-out-of-globalisation
Will Globalists Sacrifice the Dollar to Get Their ‘New World Order’?,
In a hot minute.
Great article. Brandon Smith is one of my favorites. Here is the last line of it that I would like to make a comment on.
(Without ample resistance, the introduction of the cashless society will be presented as a natural and even “heroic” response by the globalists to save humanity from the “selfishness” of destructive nationalists. They will strut across the world stage as if they are saviors, rather than the villains they really are.)
My question is what kind of resistance is Brandon talking about? If there is still a system in tact if/when the dollar collapses is it possible to live outside of it?
Outside of a (God forbid) world wide EMP there is no doubt going to be a system. Even those of us that are prepping for a collapse are are going to be hard pressed not to be dependent on it in one way of another unless we go totally cave man.
But I’m thinking that for those of us that are Christian there will be a way. Why? Because it looks like Jesus has warned us about this. In Luke chapter 21 he made this statement.
34 And take heed to yourselves, lest at any time your hearts be overcharged with surfeiting, and drunkenness, and cares of this life, and so that day come upon you unawares.
35 For as a snare shall it come on all them that dwell on the face of the whole earth.
I wonder how many people through the ages have scratched their heads wondering what he could possibly be talking about that would affect the whole world. It’s not hard to see now what it could be. It’s something that almost the whole world has become dependent upon to be able to eat, drink, clothe ourselves, house, play, raise families, ect.
How many are aware that in 2019 there will be held what is called ‘The World Social Security Forum’?
https://hvw.fgov.be/nl/world-social-security-forum-2019
The goal is to give every one on earth a number. Until I looked it up I wasn’t aware that most countries already have a numbering system in place for their populace.
Getting back to my question of how can we resist. It’s a tough one. How many of us have given much thought of how dependent we are upon our number? Without ID it is now almost impossible to navigate through society. And all ID is generated through the birth certificate and ss#.
May the King of Kings and Lord of Lords give us wisdom.
Your thoughts?
A “cashless” society doesn’t really mean “cashless” but means that more transactions will be cashless and even mandated to be cashless. I will still buy my groceries and gas with cash. But my question is this: Will a “cashless” society mean that the police will be able to seize for forfeiture any cash you are carrying? This assumes that today they only seize suspicious amounts of cash, presumably cash in excess of $10K.