Also consider staying in Amazon. Everyone should see the Prime Trucks now, down with UPS, FEDEX and all Prime. Everyone should know this will have an effect on UPS and FEDEX. GOLD - Barrick Gold hit 28 a few weeks back. Gold itself will continue to climb past $2000.00 an ounce and much higher as we deliberately destroy the dollar and create Hyper Inflation. The FED, Treasury, and Banks are destroying us to Benefit the rich and force a dollar change into a crypto - FED induced electronic dollar. One which they, their family, their country (Israel) can control with a computer. You will be forced to own a phone and a bank account to make financial transaction. You may not be able to afford this so they will give you an account free and a phone you can RENT from them. For the people REALLY on the street. Most likely 10 - 15% of the population barter will be it... Old dollars will slowly change into silver swaps, old silver coins and other silver and Gold will be weighed and exchanged. Only 5 -7 years away. Until the Virus it was a good 10 - 20 years out. With this Printing and lack of control on the sickness who knows how fast the dollar will fall. Of course there will be a small period of deflation and everyone will say, see, no inflation is coming. https://www.theguardian.com/world/2020/apr/28/china-starts-major-trial-of-state-run-digital-currency China is ahead on 5G and digital currency. They will blow right past us because we are too busy handing 401k, pension funds, and bank accounts to the rich and famous. You would think the public would care. There is a chance to make money, dont miss it because a regular job of Avg. pay in America will soon afford you nothing more than a 1 bedroom apt. and bus fair. 2 people working avg. pay will get you a 2 bedroom 1 bath house in the suburbs, yet only one car or 2 old cars. Your bills, food, insurance, and other costs will eat up your money. 0% interest on your savings and your 401k will only grow with inflation which means you lose money.
Usually gold spikes during time of economic worry. As I was just explaining to another member in this forum, this is not necessarily indicative of inflation. Yes, the price of gold relative to dollars spikes, but it is led by a change in the price of gold, rather than a change in the worth of a dollar. None of this is to say there will not be inflation - I believe there will - but you can not necessarily judge inflation just by the price of gold (although it can be an indicator), and not all of this increase in the price of gold is being driven by inflation (I believe most of it is currently not). True economics hinges on complex subtleties, which is too complicated & subtle for some people.
Maybe just a side note, but just to point out, the Trump Administration seems to be waging a war against China's import of 5G to the US. Who knows what the result of that will be. I don't think 5G will give them any huge advantage (if we are not talking about them making money by selling in markets in other countries). Sorry if that's too complicated, but hopefully you understand what I mean. Digital currency can be a two-edged sword for the Chinese population. It can be convenient, but it also can give their government a huge level of control, civil liberties issues. Well, you would think the public would care that China was blowing past us, with those big trade deficits over the past 25 years, but apparently not. The public didn't care before, why do you think it would be any different now?
"soon" ? That, to some extent, has already been going on over the past 15 years. I've started an endless series of threads on some of these topics, and I couldn't seem to get many people's attention on this forum. Seems like the topics just get lost among so many other countless topics that people are posting.
You realize there are actually many members in this forum who have been arguing 0% interest is a "good" thing? It's not only a fight to bring these issues to people's attention and get them to care about it, it's also a fight to get people to even understand it is a problem. You touch on a large number of issues, so it is somewhat hard to address all the issues you brought up, but I have strong opinions on most of them. Sorry if me making separate responses to multiple different issues you brought up is not what you wanted, or not the direction you wanted this topic to go into.
All good stuff, thank you... Yes, lots of issues, but the FED lowering interest rates and then us allowing "starting in mid 80s" to import with ZERO Tariffs was the BIG mistake early. Todays Charles Hugh Smith sums up where we stand now. We brought this on our self by believing the pulpit. If it be Reagan, Congress, Art Laffer, etc. It was all slowly engineered "as you go along" to destroy, but never with that plan in mind. Each new REGIME set up a 7 year plan that included tightening AFTER they left. As always it was, get us up and going, that a recession CANT HAPPEN on my watch. All right here, probably the most simple explanation as to why we are getting ready to go thru HELL ! : https://oftwominds.com/blog.html The Guy along with Gordon Long are brilliant... As it is, they cant lower rates or create a dead "STOPPED" economy and blow up the deficit. They cant lower or at least they said they wouldn't, if they did it would trigger a run on the banks. They can buy bonds, but cant buy stock directly, even with buying BONDS, the market is close to all time highs. So it cant go higher without creating much higher inequality. Thus, how do the Pension funds, 401ks, Insurers, and so many more turn the 7% gain they need to stay solvent ? Most Pension funds are already in trouble, now they are looking at 0% return for how long ? Once again, 5,10,20 years bonds turn less than 1%. They need 7% It is that time and it wont end well.Outside of handing the bottom 90% a check for 20k each for the next 3 years, there is nothing. The country is going to collapse financially and GOLD with Inflation and all the other stuff is going to rocket. I get all your inflation comments, or understand it the best I can. I do know CPI is a joke, just like everything else they tell us. Like I have written, went thru the hurricanes here in 2004 Port Saint Lucie, nobody was prepared, maybe 5%, including myself. That is when I turned. Even today, maybe 30% prepare here, but only because they were hit in 04. 90% of the people are NOT ready and the lines for food and shelter will be long. Florida, lucky as I am, is probably in better shape than 45 of the other states. People and their money flowing in all the time. But what happens to all those "10k a DAY" retiring ? when the dollar loses 35% I cant even think about it because I know the only thing holding it all together is duct tape and a bunch of Public Relation experts controlling the news outflow. Just 2 days ago they did it again, "the fed will by bonds" market doesnt fall. BUT !!! It didnt really go up. Wiley E Coyote
There are other reasons to avoid doing business with the company... Harsh work conditions in Amazon workplaces
I would too, but it wont stop me from making money via investing in their company. Make the money and roll it over into GOLD and Silver. If you dont, someone else will. All I had to do was see the Prime vehicles everywhere in my town to know it is a good investment, until it is finally broke up. We destroy our own country thru deregulation under the law and control of MOSTLY republicans that fill the voting void to move money for their group. Not sure who it was, maybe Alistar McCleod,,, I destroyed his name, never the less. Every time you buy something at Amazon, Wallmart, big box, and online you transfer money out of your area. Help the rich get much much richer and china / others gain on us. Been doing it now for 35 years and ready to end soon. Big changes coming thanks to the VIRUS moving the dollar crash ahead 10 years.
I'm sorry if this is off topic, but I thought it a good place to get answers from folks who might know... If I am travelling with gold coins, do I declare the face value of the coin, or the weight value? Thanks, in advance...
It depends, as with most things there is never a clear cut answer. I heard a Piece on youtube about it. One guys experience. I cant quote it exactly, it just locked into my head that ROUNDS, BARS, etc. are not cross boarder as well. With the Metal you must declare the value at the time. Now, if you have 50$ maple leafs, 50$ Eagles (examples) then would you claim 20 eagles as $1000.00 face valueof the coins or the Gold at 20 Ounces ($36,000.00) ? Answer is simple... There are guys hustling across the Boarder I am sure as a living.... American's and Canadians are inventive... Each of the four sizes contains 91.67% gold (22 karat), 3% silver, and 5.33% copper. Denomination 1/10 troy oz 1/4 troy oz 1/2 troy oz 1 troy oz Diameter 16.5 mm 22mm 27 mm 32.7 mm Thickness 1.19 mm 1.83 mm 2.24 mm 2.87 mm Gross Weight 0.1091 troy oz (3.393 g) 0.2727 troy oz (8.483 g) 0.5454 troy oz (16.965 g) 1.0909 troy oz (33.930 g) Face Value $5 $10 $25 $50
Don't buy more gold than you can carry in a rucksack along with everything else you need to survive. If the dilemma is between gold or potable water in a Camelbak bladder take the water.
