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In America the only people who hafta beg for a free smartphone are the taxpaying citizensBit Coin - El Salvador's Experiment
The reality.
BUT, But, but......In El Salvador, people trust the President.
HA, Ha, ha.....
Aloha, Mark
PS......
View attachment 1177357
70% of people (in El Salvador) don't have a bank account but they own a smartphone and can afford the monthly phone fee?
Yeah......SOMEONE is making money.
If it were in Amerika? Rrrrrright......some people might just demand a free smartphone and free monthly access.
Equity means = access to the system (including the internet).
Oh $@^*!?!? Not to worry.......someone will be along to suggest that more money could/would just be added to their EBT Card.
Yes.RE : Post #222
Irony or just Stupid People running the Govt?
Aloha, Mark
Try ordering some windows!As danger ranger said should have been done a long time back. Interestingly despite silver price declining it cannot be found anywhere. Gold/silver bullion shops around Portland I called a few days ago are sold out, and one advised 8 week lead time. JM bullion was showing 2 week + wait due to extreme order volume but not sure how that will actually pan out for people. One told me they weren't sure when they were going to close- could be any day now:-(
Dang, you speak too mouth truth!!!! Even in your movie!!!!Unfortunately, Silver and Gold is not a supply and demand game when the trillionaire elite can simply print certificates at will to suppress the price. Precious metals are still better than fiat currency, which has zero intrinsic value and is backed by nothing.
Silver though is also rigged because JP Morgan simply prints certs that are not backed by any reserve of physical silver at all.
If the price was based on physical silver and not fictional certs, the price would be somewhere 70x-170x the current melt value.
This is why you can see a low silver price not reacting to runaway inflation. Trying to buy generic .999 coins off CL for $4 over melt. Not happening.
Always have heard the saying 'wait until people demand physical silver!!!". When have people shown a backbone at all, especially in the last two years? They will never demand anything except perceived and false safety.
Just wait. We have had two entire generations born and raised in a disinflationary environment and that's all they know. Those of us who survived the 70's know what's gonna happen here. It's a learning curve.Always have heard the saying 'wait until people demand physical silver!!!". When have people shown a backbone at all, especially in the last two years? They will never demand anything except perceived and false safety.
They're going to savE it for when the economy untanks. Silver and gold have been appreciated/desired by every civilization known to history. PMs are used as currency, art and jewelry. People just want them. They will be wanted while and after civilization rebuilds from whatever collapse that happens.Does silver (or gold), in the modern world, really have the kind of intrinsic value they had before other materials and processes were invented? While still important, they seem far more decorative and less essential.
In other words, if the economy really tanked, what are the people who have real wealth going to do with the silver you have to trade?
Rare earths seem like a better bet. Or copper. Or heirloom seed stocks.
Yeah, I'm just saying that a lot of the reason they are/were precious metals had to do with things that aren't really the case anymore. Silver used to be extremely important for industrial processes and to make things like silverware. Now it isn't because we have stainless steel. Their decorative value can only continue if people view jewelry as necessary - which in egalitarian societies they might not because the symbolism is gone.They're going to sav it for when the economy untanks. Silver and gold have been appreciated/desired by every civilization known to history. PMs are used as currency, art and jewelry. People just want them. They will be wanted while and after civilization rebuilds from whatever collapse that happens.
Read your history. Find a time, if you can, when precious metals have not been valuable.I've never understood the mentality of people thinking gold/silver is going to be the in demand currency in a collapsed society. If we ever reach that point where chaos has truly become a reality survival will be the only currency there is. When food and water stop moving no one is going to be out looking for silver to trade for their items. Metals are a investment option for financial leverage during cyclical transitions in the economy. They are not saving graces for end times. I am not discouraging anyone from investing and I only speak for myself. I have a small % of my portfolio in gold but I am under no illusion it will help me if the world as we know it collapses. I look at like this, post collapse 2 guys show up one has a bag of coins the other a pack of tools and knows how to build/repair/farm whatever...who do I want invited in.
Your "thinking" is based on the widely assumed idea you will somehow just automatically live through the "poop storm". All the precious metal in the world does you no good if you don't survive the storm. Also I think you need to look at history, all civilisations initially had no standard currency and precious metals were NOT considered ideal for trade. Salt, booze, furs, spices, food were all used manyu many times well before metal. Why? Because you need them to survive. Your logic only works in a semi civil society. My thinking of skills/tools/knowledge works in every society whether rich or poor. As I stated earlier, I'm not telling anyone how or what to do with their plans or resources. I'll keep my bag of hammers anyday over a bag of silver as they can at least build, defend, and create.....silver does none of that.Read your history. Find a time, if you can, when precious metals have not been valuable.
Find a civilization, if you can, that didn't value precious metals.
Think further ahead than your immediate survival. Once the poop storm has passed and civilization begins rebuilding, precious metals will be one of if not the primary means of exchange and people with PMs will be in a better position than those without.
Only a fool would think that PMs alone will get you through a collapse. They are one tool to have in your post apocalyptic tool box along with guns, food , water shelter etc. What use is a toolbox that only had hammers in it? They are poor screwdrivers and even worse as wrenches. You need as many tools to handle whatever situation comes up. Same in your survival kit. You can't say "Plato o plombo?" without the plato
Barter is a clumsy way to trade. It's generally done out of necessity because I want that chicken and you want my hammer. Where barter stumbles is when my hammer is worth way more than that chicken. I'm not giving you, nor do you want half of a hammer for that chicken. That is why we need silver and gold. Because they have always been accepted as a means of exchange. They are familiar and the chicken farmer will know that that ounce of silver or gold is real, tangible wealth.
And last but not least, a bag of silver rides easier on your belt than a bag of hammers.
Paper and cyber assets get created out of nowhere by governments and central banks. They can just as easily disappear into nowhere. When a paper asset value goes down, it just does, and someone loses "money." In modern times, the financial establishment has stepped in to prevent societal chaos, run up the printing presses, and made everyone whole. Which disallowed normal, cyclical adjustment back to a previous norm and permitted the huge wave of loose money that exists at present. True "money" is only good if it's somewhat scarce. For example, if you have to work to get it. Otherwise it loses all respect.That money is someplace
There are paper precious metals and physical precious metals. Look at the present premium (spread) between quoted "spot" prices for silver, vs. what actually must be paid for physical metal. Market manipulation on a large scale probably isn't infinitely sustainable.Silver though is also rigged because JP Morgan simply prints certs that are not backed by any reserve of physical silver at all.
In that case, all you will need is one single bullet. To put through your head. Precious metals are bridging devices, hopefully, through a bad spell. So maybe it's a good idea to have some of both. Just like the prospect of death. You know there is a hole in the ground waiting for you, but you say your prayers at night just in case there is a Heaven.I am under no illusion it will help me if the world as we know it collapses
Why can't one have silver and a bag of hammers? Gold and food? This thinking that you only get to choose one or the other is a fallacy.Your "thinking" is based on the widely assumed idea you will somehow just automatically live through the "poop storm". All the precious metal in the world does you no good if you don't survive the storm. Also I think you need to look at history, all civilisations initially had no standard currency and precious metals were NOT considered ideal for trade. Salt, booze, furs, spices, food were all used manyu many times well before metal. Why? Because you need them to survive. Your logic only works in a semi civil society. My thinking of skills/tools/knowledge works in every society whether rich or poor. As I stated earlier, I'm not telling anyone how or what to do with their plans or resources. I'll keep my bag of hammers anyday over a bag of silver as they can at least build, defend, and create.....silver does none of that.
Try "reading" my message again I said PM's are A tool in the survival kit, NOT the only tool. And yes, before there were civilizations, people did use barter but when they became civilizations, they used money in the form of silver, gold and copper coins. Do you really think humanity will fall all the way back to the stone age? That we will start from scratch? We'll all be doing the Bartertown thing from the Road Warrior movies forever? Well, if that's your fantasy,, have fun with it. Personally, I think that we would rebuild society. It's what humans have done throughout history. It's what we do. And if I'm right about that, then even if I don't live to see it, my kids or grandkids will and the PM's I have saved will help them in that new society.Your "thinking" is based on the widely assumed idea you will somehow just automatically live through the "poop storm". All the precious metal in the world does you no good if you don't survive the storm. Also I think you need to look at history, all civilisations initially had no standard currency and precious metals were NOT considered ideal for trade. Salt, booze, furs, spices, food were all used manyu many times well before metal. Why? Because you need them to survive. Your logic only works in a semi civil society. My thinking of skills/tools/knowledge works in every society whether rich or poor. As I stated earlier, I'm not telling anyone how or what to do with their plans or resources. I'll keep my bag of hammers anyday over a bag of silver as they can at least build, defend, and create.....silver does none of that.
Well thank you for showing me that rationale discussion is dead. I can see by your responses it is not me living in fantasy as I do not base any of my decisions or thinking on movies or hyperbole. I wish you endless riches in your future Utopian society that you and your offspring create.Try "reading" my message again I said PM's are A tool in the survival kit, NOT the only tool. And yes, before there were civilizations, people did use barter but when they became civilizations, they used money in the form of silver, gold and copper coins. Do you really think humanity will fall all the way back to the stone age? That we will start from scratch? We'll all be doing the Bartertown thing from the Road Warrior movies forever? Well, if that's your fantasy,, have fun with it. Personally, I think that we would rebuild society. It's what humans have done throughout history. It's what we do. And if I'm right about that, then even if I don't live to see it, my kids or grandkids will and the PM's I have saved will help them in that new society.
So yes, you're damn straight I plan on living through any "poop storm"/collapse. If you don't think you're going to make it through the poop storm then you should probably hang yourself now to save yourself a lot of suffering.
And you're wrong about silver (and gold) Your hammers build things Gold and silver build civilizations including the ability to build, defend, and create.
Think bigger.