Banks, Cryptos and Precious metals
So In my honest opinion I don't think it's if the Bankers screw it all up again, Rather when are they going to screw us all over again?
And the short answer is... soon I'm afraid .
Listen guy's I'm no financial adviser but honestly, NOW is the time to truly take control of YOUR money ,whether it be investing in Cryptos or buying Gold, Silver other precious metals, do it and do it now before its to late.
When the Dollar inevitably crashes, the last place you want your life savings is in a bank where it has been deposited (meaning they own your money as soon as you put it in) or piled up under your bed ... Remember the money of today is just worthless pieces of paper, once the global banks crash and you will see thousands of people queuing round the block to get into the bank to get there savings, well guess what, not going to happen, by the time there's a run on the banks it will be to late, your money will be gone and what you have managed to keep in your pocket will be worth nothing . We will be back to trading in gold and silver . Or will we because...
Unless of course like the brightest amongst us, you will have invested in crypto currency's, Bitcoin EOS etc ... your screwed, Governments and the banking cartels wont like it but the little man will have clout for once !
How safe are our Cryptos truly?
Personally I don't trust anything 100% tho so
We come to Gold and Silver, even this cannot be trusted 100% ,as if you don't know what your looking for there are plenty of fake coins and bars out there ( I mainly Collect British Gold Sovereigns,or British Silver Crowns&half crowns as the tax is already paid !)
I sold some of my gold coins to get me into Cryptos and haven't looked back since .
So what was the point of this post ?
Well in the event of global currency meltdown,
Gold and Silver will see you right in the short term, And depending on how much you have, maybe you will be ok for a while, but understand your gold and silver will be a black market currency (like bitcoin once was ) you will be forced to hustle with it trading in the market for everyday items to feed yourselves. Handy but wont get you a house or car !
So to the ones of you with fiat currency you need to Understand your finances , no point being a billionaire if all your money is tied up with banks, because when the end comes, And as the bankers are still following the same practasis as they were before the last crash (lending money,selling HP to people who they know can't pay,is just kicking the ball down the road and the time is soon on us when it needs another kick,only there ponzie schemes wont work this time) you my friends will be piss poor , Diversify whilst you have the chance.
And to those of us holding Cryptos, when it all goes tit's up we can feel a little smug, but understand that governments and ultimately the banking cartels wont like it, And I'm sure they will try every trick in the book to screw us !
I think they will fail, but it wont stop them trying !
So in the event of global currency meltdown Gold and Silver will see you right in the short term, And depending on how much you have, maybe you will be ok for a while, but understand your gold and silver will be a black market currency (like bitcoin once was ) you will be forced to hustle with it trading in the market for everyday items to feed yourselves
Crypto currencies are the FUTURE and for me it can't come fast enough !