This seems to be what everyone misses. If indeed this is some great reset aimed at the redistribution of property in a so-called more equitable manner, then how safe is owning land or any other asset (it didn’t work out for the Russians and Cubans)?
I’m looking at more sane countries (ie developing countries where this nonsense is unlikely to take hold). Don’t forget, isn’t this is all about taking from ‘rich, white, stupid countries’ and giving to poorer, developing countries? If I am right and it is I’ll be down somewhere on the coast in southern Brazil or in Bali. It’ll be safe there for quite a while.
Yup. The globalists want to pack us into cities like sardines to "Protect the Environment".
Leaving your designated habitation zone is forbidden without a travel permit. Access to "Red Zones" aka your former home town is only available to environmental scientists.
You will only be allowed to own the bare minimum of property. The rest is communal.
They want to transition to a county with no property rights, ubi, vaccinations vs concentration camps, and a digital currency with a chip implant to track it (you).
If you want to be able to trade for goods outside of the chip, you'll have to figure on a currency others would want. Physical gold is a good bet. Not sure how property distribution will occur though, so not sure if owning farm land is a good move as the new "system" might confiscate it.
If you want to trade outside of the country, then it depends what country you want to trade with.
Gold might be the safest bet as a store of value IMO. But I am not responsible if you lose money on your investment. Gold did go down a lot some years back. Invest at your own risk.
Bitcoin, Ethereum, etc. is even more risky than Gold. I've been into crypto for almost 5 years and I have seen bitcoin go from nearly $20k down to almost $3k. Be aware of the risks.
Silver will crash once this whole "pandemic" is over. While the gold price increased steadily through 2019 and 2020, the silver price jumped by almost 100% in March due to the pandemic. This will come down next year. Now isn't the time to invest in silver.
I don't understand this logic. If fiat currencies such as the CAD tank, anything with 'real world' value (such as silver) will increase in value. This only makes sense if you expect the Canadian economy to recover, and right now I would say it looks more like financial disaster in 2021.
Our economy is so interwoven with the US economy that the only way the CAD tanks (and with tanks I mean absolutely tanks) is when the USD tanks. And the chance for that is pretty low. Even while we have a record deficit, the US even spends more per capita currently.
What will happen is that there will be a strong recovery in 2021 and the silver price will crash again down to pre-pandemic levels. Gold will also suffer, but not to such an extent. This doesn't mean that you shouldn't buy silver at any time. In my opinion just wait until silver is down to under $20 an ounce and then you can buy it. You would get more for your money next summer. Way more.
Are you gunna keep it buried in your backyard? If world financial institutions collapse why would the companies honour your virtual gold purchases. Also, countries in dire straits have been known to outlaw private gold ownership and confiscate it at threat of death or torture.
So... your best bet is to get a self sustaining farm and stock up on weapons.
Equities are over inflated thanks to low interest rates globally. There isn't a single safe asset class right now, other than physical objects like gold bars.
Everyone is saying gold and silver, but without the actual metal in hand all you have is worthless paper.
Land, and equipment is going to be a better play. Ammunition is great, but ammunition and reloading equipment is even better. The ability to produce your own propellant and primers would be ideal.
If shit really hits the fan then land to grow food. Food will be used to barter. No one wants to trade scraps of paper when you have potatoes to trade - or potato vodka.
If the CAD crashes most ETF's will switch to USD or another stable currency to protect your investments from hyper inflation. Just make sure your retirement is diversified globally.
Bullets.
This seems to be what everyone misses. If indeed this is some great reset aimed at the redistribution of property in a so-called more equitable manner, then how safe is owning land or any other asset (it didn’t work out for the Russians and Cubans)?
I’m looking at more sane countries (ie developing countries where this nonsense is unlikely to take hold). Don’t forget, isn’t this is all about taking from ‘rich, white, stupid countries’ and giving to poorer, developing countries? If I am right and it is I’ll be down somewhere on the coast in southern Brazil or in Bali. It’ll be safe there for quite a while.
Thought of it but I don’t know anyone there, unlike the places I mentioned.
Yup. The globalists want to pack us into cities like sardines to "Protect the Environment".
Leaving your designated habitation zone is forbidden without a travel permit. Access to "Red Zones" aka your former home town is only available to environmental scientists.
You will only be allowed to own the bare minimum of property. The rest is communal.
Welcome to the NWO, wage slave
They want to transition to a county with no property rights, ubi, vaccinations vs concentration camps, and a digital currency with a chip implant to track it (you).
If you want to be able to trade for goods outside of the chip, you'll have to figure on a currency others would want. Physical gold is a good bet. Not sure how property distribution will occur though, so not sure if owning farm land is a good move as the new "system" might confiscate it.
If you want to trade outside of the country, then it depends what country you want to trade with.
Got news for you: Canadians have no property rights already.
If you want to test this for yourself, try not paying your taxes or building whatever you want on that land without getting permits.
Gold might be the safest bet as a store of value IMO. But I am not responsible if you lose money on your investment. Gold did go down a lot some years back. Invest at your own risk.
Bitcoin, Ethereum, etc. is even more risky than Gold. I've been into crypto for almost 5 years and I have seen bitcoin go from nearly $20k down to almost $3k. Be aware of the risks.
Only buy physical gold. Paper gold is heavily manipulated right now, and not following the usual inverse market patterns.
When shit hits the fan, all you'll be left with is an IOU
That should tell you something... the supply isn't what it seems.
Gold.
I'd say silver too. It would be useful for smaller transaction. Gold is about $2400 an ounce Canadian right now. And ammo, of course.
Silver will crash once this whole "pandemic" is over. While the gold price increased steadily through 2019 and 2020, the silver price jumped by almost 100% in March due to the pandemic. This will come down next year. Now isn't the time to invest in silver.
I don't understand this logic. If fiat currencies such as the CAD tank, anything with 'real world' value (such as silver) will increase in value. This only makes sense if you expect the Canadian economy to recover, and right now I would say it looks more like financial disaster in 2021.
Our economy is so interwoven with the US economy that the only way the CAD tanks (and with tanks I mean absolutely tanks) is when the USD tanks. And the chance for that is pretty low. Even while we have a record deficit, the US even spends more per capita currently.
What will happen is that there will be a strong recovery in 2021 and the silver price will crash again down to pre-pandemic levels. Gold will also suffer, but not to such an extent. This doesn't mean that you shouldn't buy silver at any time. In my opinion just wait until silver is down to under $20 an ounce and then you can buy it. You would get more for your money next summer. Way more.
A serious answer...
If you want to maintain/slowly grow your wealth, dump it into an S&P index fund like SPY. It's in USD and just follows the US stock market.
Are you gunna keep it buried in your backyard? If world financial institutions collapse why would the companies honour your virtual gold purchases. Also, countries in dire straits have been known to outlaw private gold ownership and confiscate it at threat of death or torture.
So... your best bet is to get a self sustaining farm and stock up on weapons.
Equities are over inflated thanks to low interest rates globally. There isn't a single safe asset class right now, other than physical objects like gold bars.
Gold, Guns, Whiskey
Everyone is saying gold and silver, but without the actual metal in hand all you have is worthless paper.
Land, and equipment is going to be a better play. Ammunition is great, but ammunition and reloading equipment is even better. The ability to produce your own propellant and primers would be ideal.
If shit really hits the fan then land to grow food. Food will be used to barter. No one wants to trade scraps of paper when you have potatoes to trade - or potato vodka.
If the CAD crashes most ETF's will switch to USD or another stable currency to protect your investments from hyper inflation. Just make sure your retirement is diversified globally.
7.62x39 in bulk