>in store shops locked down >online dealers delaying orders for months >online dealers completely sold out >online dealers won't be able to restock for months >online dealers constantly raising the minimum buy figure, thus pricing out poorfags >futures paper price at $13 >physical price double that >powell running the press 24/7 >typing trillions of digital USD onto the screen every day >there is no chance of default because we can always create more USD >but we cannot guarantee the purchasing power of that USD
Just got off the phone with my insider guy at the federal reserve, he said hyperinflation is a very big worry of the federal reserve, but if they don't keep minting more USD everything falls even more. There is a very high probability that globally, fiat will come crashing down to monopoly money tier value. The pyramid will funnel back into true money, quadrillions of worthless paper seeking refuge. If you do not have a stack I suggest you pick up a bag before it's too late, this is accelerating much faster than I could have predicted. For those already high IQ enough to pick up a sack, HOLD until the new financial paradigm. A new monetary system will be established very soon.
how come no one talked about this? Correct me if im wrong but he just said that they can give you cash but cant guarantee it will be worth something
Oliver Campbell
I just got off the phone with my buddy, who is head of economic forecasting at the Fed. He told me they hired this retarded intern they like to scare and make fun of. He also told me he was at a party with Jamie Dimon, and Jamie told him they're gonna dump 1/100th of the silver reserves they have sitting in the basement of the JP Morgan building in Manhattan over the next coming months. He says its equivalent to the total amount of silver in circulation as of today.
Good luck rockcuck
Aaron Gomez
>physical price double that so you will buy my silver for $25?
Nicholas Reyes
I just got off the phone with my buddy who's an expert on other peoples' buddies and he says your buddy is make-believe
Hunter Ortiz
Will is get my order from JM Bullion that I placed last week?
Nathan Howard
>Correct me if im wrong but he just said that they can give you cash but cant guarantee it will be worth something exactly, they can print as many dollars they want, type in however many digits into the computer as they want, but they can't guarantee that that dollar will be worth anything Read into weimar republic hyperinflation, this has the potential to play out exactly how WR hyperinflation played out, but this time it's global and will me substantially worse keep bagholding your digital illusions of wealth pleb that's implying you're dumb enough to sell at the absolute bottom
Charles Taylor
>that's implying you're dumb enough to sell at the absolute bottom i have been fucked in the ass by silver for so many years i will absolutely sell above $20 the first time i can.
Chase Long
>Not realising that these dealers bought at higher than current prices, hence why they can't sell. Fuckin name fag retards
Justin Perez
Compare the current slow down in economic activity to that of a regular recession. Realize that is not just a recession but an economic ice age.
1. Most shops are closed and most factories aren’t producing anything anymore. Most people will therefore end up effectively unemployed and lots of business will go bankrupt. People will become insolvent and default on loans and mortgages. Banks will not get their money back and then only end up with securities/assets that are dropping in value really fast which are now also illiquid to the point of being impossible to sell.
2. Once people start figuring this out they will start taking their money out of the banks compounding the original problem creating further liquidity issues in the banking sector. Borrowers may meanwhile also attempt to delay payments to their lender in hopes that a given bank that they owe money to will die before they have to pay the money back. And lastly banks will also stop lending to one another creating a total credit freeze on the inter bank lending and repo market.
3. Since many big corporations and banks are furthermore insured by derivatives in fantastic volumes it is enough for only one such firm to fail anywhere in this world to start the chain of falling dominos that will collapse most of the worlds financial system. Out of fear nobody will issue any longer any of these derivatives anymore stopping prolongations and rollovers or increase premiums to the point where nobody will be able to afford them anymore.
4. Because of this M0 and M1 will initially remain constant but M2, M3 and the derivatives market will collapse resulting in a crashing stock market and financial institutions getting killed from lack of liquidity alone. To stop the complete collapse of the world s financial system central banks will be forced to increase M0 so much that the money supply (including derivatives) stays the same in total. Expect therefore several hundred trillion dollars to be printed until June and then used in repo operations to buy any falling paper asset in the market. With investments failing everywhere banks will also require bailouts on top of that just to stay afloat creating a moral hazard of infinite proportions.
This poor idiot. Having a drunken good time on the beach, someone approaches him with a camera
>hey, why not? Lollllz
Jace King
your loss imagine actually believing this it will be nothing likes the which this world has ever seen before exactly, NO ONE is selling king shitcoin is trash, could've saved money if you listened to me, pic related
Physical silver has to be stupidest idea ever. How are you gonna preserve the metal? you are basically praying for the end of civilization while advocating for holding valuables in your personal capacity. In that scenario, if the bandits don't get you the government will. Not to mention all the premiums you have to pay to get those things.
Aaron Brown
That pic is not true. Gold is more scarce than silver.
Hunter James
>you are basically praying for the end of civilization Imagine thinking civilization is tied to fiat currency. Might want to read up on history a little bit user.
Jordan Green
IF everything will hyperinflate, then so will bitcoin. You are a fool to think bitcoin will not gain in fiat value when there is hyper inflation. Maybe gold and silver will gain more, who knows... Stocks will also go up in fiat value, everything will. This will be very good for people who are in debt. If they hold anything that isnt cash, they can sell and get rid of their debt.
Justin Rogers
>all the shiny rock salesmen coming out of the fucking woods after crypto and stock market bullrun
Andrew Gutierrez
I just got off with my friend who works at a coin shop. He says the coin dealers are mostly lying about their "low inventor" and "high order volume" because they can't sell silver 4 dollars below the spot price they paid for it because they will lose money and that nobody is actually buying much silver at all
Brandon Cox
>Just got off the phone with my insider guy at the federal reserve What a faggot fuck off to reddit you copy paste hack Schiff is the man tho
Andrew Lopez
>Just got off the phone with my insider guy at the federal reserve, he said hyperinflation is a very big worry of the federal reserve I just got off the phone with my insider guy at microsoft, he said registering your copy of windows 10 is a very big worry of microsoft
Kayden Gutierrez
wrong, there is 6 times more investable gold than there is silver, and the marketcap of silver is much much lower than golds I never said different assets won't go up, only that gold and silver will go up much much higher >it is impossible to be in contact with someone at the federal reserve what a reddit tier response
Jose Lewis
Here are some of the current dealer prices in Germany. Buy in on the left, sell on the right.
BUTTCOINS HAVE NEVER RECOVERED FROM ALL TIME HIGHS IT WILL GO TO ZERO LIKE ALL WORTHLESS SHIT COINS HAHAHAHAHAHAHAHAHAH YOU FOOL! ALL THE COINS ARE GOLD AND SILVER!
Is he the guy that stands at the check in lines when Nintendo promotes their games at festivals?
Aiden Gomez
My dad works at Nintendo. Bells are going to be the new money. You just have to grind for them by picking up sticks and weeds and selling them to the pawn shop owner in a tent.
Michael Long
If they are one ounce coins like maples or ases I definitely would.
I don't see why the jews would let hyperinflation happen in an era where so many people owe them money. Imagine paying off your mortgage and student loans for 2 days wages. You think they will let that happen?
Easton Hernandez
If the alternative is moving to a system not backed by debt, yes, I think they would. Schlomo would rather get some than none.
Anthony Walker
what is better to have in a shtf situation physical gold / silver property / house / apartment
Nolan Bennett
precious metals property can get invaded easily
Charles Parker
precious metals can't be stolen easily?
Daniel Richardson
>how come no one talked about this why do you think satoshi created bitcoin you idiot
Oliver Russell
not remotely as easily, no you can carry them with you, and hide them much more easily property is in a fixed place, and you can't exactly hide it
Nathan Bennett
>durr lets keep repackaging communism until we finally sneak it in
Nathaniel Cook
coin dealers are taking orders and creating invoices to be filled months from now--but they are %100 cashing your checks and buying up cheap inventory and probably for themselves personally with your money.
Ian Hall
i bury mine underground like pirate treasure
Nathan James
What about real estate? Seems like a good hedge against inflation too no?
Nathan Harris
unironically this might actually be quite a good idea
Joshua Flores
Aaaaaaaaaaarrrrrree!! Tickle me peter!
Jacob Miller
As opposed to corporations leading us down this path anyway? What do you think they're doing with big data? Do you really think their borderless digital financial system isn't going to be a part of it? The problem with Yas Forums is that they want capitalism and an ethnostate but they're going to need to think outside of the box if it ever gets beyond a larp.
