D
Deleted member 17791
Insane in the brain
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Now what you need to know is the difference between fiat currency and money.
You see fiat currency (US dollar, Euro, Yen etc) like to pretend to be money but they are not, they function the same as money but they are NOT a safe store of value. All fiat currencies are falling currencies, they are always losing value, when you have cash in the bank, you are slowly leaking economic energy. Meanwhile money (gold, silver) are true money because they ARE a good store of value, gold does not leak value, it stays the same. I will explain why.
Now the US dollar is constantly being devalued because it can be multiplied as much as the state wants. The reason is that the US dollar is just paper, it can always be printed, the ability to create more dollars is easy, it doesn't require you to engage in expensive mining operations to increase the supply. Gold and Silver are very rare, the only way to increase supply is to to first find a deposit, then you must spend billions of dollars buying assets, you must blast a bunch of rock, you must take the rocks and put them through chemical processes to separate the gold/silver, all this to maybe increase supply by 0.001%. The biggest gold rushes in history increased gold supply by like 1%, maybe 2% throughout the entire period.
The thing is, gold is not a rising asset, currency is a FALLING asset, gold and silver are just rising relative to the dollar because they're maintaining their value.
Do not buy into the lies, the USD, Yen, Euro or any fiat currency is a BAD place to store your wealth. A good idea is to store a good sum of wealth into gold and Silver.
People usually say that precious metals are a bad thing to use as money because it weighs so much. Now that is a bad argument. First of all, a single ounce of gold is equal to around 1,760 US dollars.
So we only need 20 gold coins to buy a car. Only 20.
Gold may be heavy but each ounce holds an EXTREMELY large amount of value.
You see fiat currency (US dollar, Euro, Yen etc) like to pretend to be money but they are not, they function the same as money but they are NOT a safe store of value. All fiat currencies are falling currencies, they are always losing value, when you have cash in the bank, you are slowly leaking economic energy. Meanwhile money (gold, silver) are true money because they ARE a good store of value, gold does not leak value, it stays the same. I will explain why.
Now the US dollar is constantly being devalued because it can be multiplied as much as the state wants. The reason is that the US dollar is just paper, it can always be printed, the ability to create more dollars is easy, it doesn't require you to engage in expensive mining operations to increase the supply. Gold and Silver are very rare, the only way to increase supply is to to first find a deposit, then you must spend billions of dollars buying assets, you must blast a bunch of rock, you must take the rocks and put them through chemical processes to separate the gold/silver, all this to maybe increase supply by 0.001%. The biggest gold rushes in history increased gold supply by like 1%, maybe 2% throughout the entire period.
The thing is, gold is not a rising asset, currency is a FALLING asset, gold and silver are just rising relative to the dollar because they're maintaining their value.
Do not buy into the lies, the USD, Yen, Euro or any fiat currency is a BAD place to store your wealth. A good idea is to store a good sum of wealth into gold and Silver.
People usually say that precious metals are a bad thing to use as money because it weighs so much. Now that is a bad argument. First of all, a single ounce of gold is equal to around 1,760 US dollars.
So we only need 20 gold coins to buy a car. Only 20.
Gold may be heavy but each ounce holds an EXTREMELY large amount of value.
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