Getting scared about the dollar
- We warn you to be careful
- The other thing we would caution people about…
- Also, if the world comes to the point where…
You can always tell when people are getting scared about the dollar. You hear more and more of the gold and silver ads on TV and radio just like you heard a couple of years ago before they started crashing.
How soon people forget. Every day it seems like every second or third commercial is about you investing in gold or silver. However, we warn you to be careful. These ads tell you that storage off-site and management off-site is included in your purchase. Isn’t that like telling someone that you need to buy a new car, but we will keep it in our garage over here and you will never see it, you will just pay for it?
The other thing we would caution people about commodities is, if the dollar should crash, it will be replaced with another currency used as a world reserve. This new currency just may be backed by gold and silver which would make any holdings that you control very valuable. However, if you don’t have physical control of your investment it could disappear from underneath you.
Also, if the world comes to the point where major currencies are failing, even if you have gold and silver you can’t eat it or take it to the store. What if you need food, water, medicines, or something as basic as soap? We are telling you that in addition to owning some gold and silver you must also own some commodities that are tradable – something you can use to barter with someone who has something you need. You could always trade toilet paper for peanut butter. The world will become a bartering system amongst the citizens if currencies crash and commodities are taken off the market.
QUESTION: What should readers take away from this message today?
ANSWER: That if a new currency backed by gold or silver becomes the norm then you will have a tough time holding onto any gold or silver you have in your possession as it all could be called in.
QUESTION: Why is this information timely?
ANSWER: This information is timely because when currency was backed by gold it actually worked.
QUESTION: How can readers best apply this information to their lives right now?
ANSWER: Be smart about what it is you decide to hoard and think about how you would use it if and when the time came.
COMMENTARY: As the currencies of the world start to crumble you need to prepare for the what ifs. In other words you need to diversify. It’s like coming into a balance by having some metals and some necessities. In a world of bartering it will humanize people for the first time in their lives. For example; trading food you have for medicine you need is more than an exchange, it’s helping each other because you care. When was the last time you did business with someone where it included this human element? This is what has been missing and what needs to be restored in society. The currencies continue to lose their values while we continued to lose our values. The failing currencies of the world are symbolic of the fact that it’s time to replace our old “values” with real values.