WAKE UP!
The US dollar is currently worth .93 cents USD. why is know one talking about this? Are people so blind that they cant see this?
So lets looks at this in a simple form.
If you have $1.00 USD, it is now worth $0.93 USD, or maybe lets look at it this way, if you make $10.00 an hour at your job, you really are only making $9.30 an hour.
Here a chart of the dollars decline over the past 3 months.
chart by Marketwatch.com
Thats a significant drop in 3 months. Is this your warning sign?
Maybe this will hit home for you.
If you have $100,000 in your savings account, the value of that $100,000 is down to $930,000. Thats a 7% loss.
How much more will you lose untill you do something about it?
What can you do about it, you can move into tangible asset.
gold, silver, platinum, palladium, copper these are all examples of tangible assets.
Do not let your wealth slip through your fingers.
these are my opinions, I am not a financial expert nor am I offering financial advise.
Follow me @raybrockman
Upvotes and comments are appreciated and welcomed.
As a 20 year stacker, I've been planning for this eventuality. I don't know WHEN it's going to happen, I just know it's GOING to happen. It HAS to happen!
Oh it will happen!!! Soon if i had to take a uneducated guess. Keep stacking buddy
Now convert that to the Canadian dollar and u can see why all my shoes have holes in them haha
You and I both, silver, new shoes? Silver, new shoes? I am going with silver. Thanks for the visit my friend.
No pesos to buy new shoes damn. You must be hitting rock bottom lol.
I might have begun; have you seen THIS VIDEO?
Great video, thanks for the link.
Now taking in account the purchasing power of that dollar today its worth about 3 pennies
Your right, if that.
EXACTLY!!! Bullion is better!!! It won't run out of batteries, or become inaccessible when the power goes out. You just can't beat THE REAL THING!
Upvoted & Resteemed. Thanks for using the #steemsilvergold tag.
This is 1 of the main reason i started stacking. Plan was to stack and preserve wealth. Same plan 4 years on. The british pound has taken a hammering since briexit so i am already benefiting from stacking PM's. My vaule of my bank balance is down but the vaule is my silver is more. Slowly but surly getting there, the dollar will last for years and its callapse will be a slow dragged out process. Stack on buddy
Last for years, I hope you worng. I can see a collaspe before 2018. Stack it high while its low.
You seeing Trump as the fall guy? That, i think could be possible within the next 4 years.
Fall guy, clean up guy, blame guy, etc.. but yes i see it happening on his watch.
This is one of the top reasons I started stacking! It's been just over a year but I cashed out my 401k (that kept hemmorrhaging money) and all my savings (technically not at a negative interest rate but we all know better) and now I'm sitting pretty on some shiny stuff that's already appreciated a bit! Great post, thanks for sharing as always!
Smart stacker @ timitwist , i also cashed out my 401k, cost me a penalty, but its in silver now, just waiting. Thanks for the visit and comment. Keep stacking buddy.
You guys will be the two richest men in Babylon!
Thats the plan my brother, you are going to be right there with us.
Another great post RB! It's shocking to see the decline in purchase power. My heart goes out to all those good grannies and grandpas who have been diligently saving in their bank accounts...
Well.... I've seen DXY lower. I'm just waiting for that woosh sound where it goes completely down the toilet so I can cash in my short SPX positions and make bank on my stack of silver.... I ain't the Silver Surfer for no reason....LOL
Thanks silver surfer for the comment and visit. Keep stacking my friend.
Yeah people need to be stacking for sure. The bottom is going to fall out eventually.
Agree, thanks for the visit my friend.