Prior to its maiden voyage in April 1912, the Titanic was considered to be an unsinkable ship. That notion turned out to be erroneous, founded on a fallacy.
So to with the Dollar and all the other financial devices associated with the US Empire.
US Bonds, for example, have been considered by investors as being the safest assets in the world to invest in in the modern era. But, in the not-too-distant future, they will, I believe, turn out to be not so safe as previously believed. Indeed, I think that they will soon be considered as being such high-risk investments that the US will struggle to find any investors to fund any programmes dreamed up by any US Administration.
I should perhaps add that I think that this course of events will play out unless there are drastic changes in how the US is governed. But as far as I’m concerned, that’s highly unlikely to happen. So, for me it’s something of a mute point …
I did a video in August last year entitled, “USA Corp downgraded” in which I said “The USA will not just come to look a lot like Argentina, but will surpass Argentina in terms of creditworthiness or rather lack thereof.” I still stand by what I said back then.
Staying with the analogy of the Titanic … Gold and Silver are the lifeboats. And while it’s probably true to say that buying Gold is beyond the budget of a great many of us ordinary folk, (so something perhaps only for the wealthier members of society … “the 1st class passengers”) Silver is a whole lot more affordable. And given the current suppressed prices, most people should be able to buy some Silver – and some is better than none … in my personal opinion at any rate. In some respects, therefore we should perhaps be thankful for the manipulation of the precious metals markets that’s still in operation.
By the way, I should, at this juncture, say … as I’ve said in other videos before … that I’m not offering financial advice here. What I say amounts to an opinion. I could well be wrong about all that I’ve said and all the predictions I’ve made. So, don’t just take my word for any of what I speak about. You need to do your own due diligence on these matters. Don’t base what you do on what I’ve said without having done your own research and without having considered things very carefully.
One other thing to say … if all this stuff I’m talking about is entirely new to you, and you do decide to start thinking about such things in a serious way, you might want to get up to speed ASAP - make haste my friend, make haste. Because I don’t think we have much time before we have a systemic collapse.
Anyway, back to our analogy … lifeboats are available for “the steerage class” on this occasion, at this point in time.
However, there is another important point to be made. The number of lifeboats on board the Titanic was very limited. Something similar can be said about precious metals. The amount of above ground precious metals in the world is actually infinitesimally small in comparis
