If you don't own some of God's money that they can't print more of, Gold metal that you can hold in your hand, you are going to lose your wealth. The up and coming areas of the world value Gold metal and they will want Gold for their manufactured goods in future not Monopoly paper from the morally bankrupt US and it's European, Canadian, Australian and New Zealand vassals. That's why banks have been loading up on Gold. If you bought Gold five years ago you would have seen its value in terms of most Fiat currencies rise by 50% but in reality that simply means that the Fiat currencies were hugely debased by QE during the last five years.
Some interesting quotes and charts. When bear market articles hit substack, that's my "reverse shoeshine" indicator. Let the nibbling of HQ blue chips for long term horizon commence.
Thanks - have you seen Webb's latest. Just posted it.
https://georgewebb.substack.com/p/malones-big-domane-lie-is-crashing
EXCELLENT post. Need to digest after the first read, then read again, and save.
If you don't own some of God's money that they can't print more of, Gold metal that you can hold in your hand, you are going to lose your wealth. The up and coming areas of the world value Gold metal and they will want Gold for their manufactured goods in future not Monopoly paper from the morally bankrupt US and it's European, Canadian, Australian and New Zealand vassals. That's why banks have been loading up on Gold. If you bought Gold five years ago you would have seen its value in terms of most Fiat currencies rise by 50% but in reality that simply means that the Fiat currencies were hugely debased by QE during the last five years.
George Webb claims the SVB failure is connected with risky loans for projects in something called "computational biology":
https://georgewebb.substack.com/p/malones-big-domane-lie-is-crashing
Now it is all over. 401k. Over. Stop feeding these animals your money.
Some interesting quotes and charts. When bear market articles hit substack, that's my "reverse shoeshine" indicator. Let the nibbling of HQ blue chips for long term horizon commence.