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The Great Reset - where do precious metals fit into the plan?


bulllisheagle

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Hi everyone!  This is my first post here so forgive me if this subject has been hashed and re-hashed here.

I know everything is speculation at this point, but I was curious what people's thoughts were on this.  I see plenty of people who seem to know what they're talking about saying that precious metals will do very well in an economic reset situation.

On the other hand, I'm noticing the great reset narrative seems to be leaning toward digital currency and mobile payments exclusively because transparency is the key.  Everything must be tracked and traces left for everything.  Sure you could still buy and sell physical metals digitally, but from a prepper standpoint buying fractional silver for direct payments and bartering seems to go against what will be allowed in the new system.  Would the metals be required to be exchanged into the accepted currency so it can be tracked and possibly taxed?  I see a lot of people being frustrated with that.  Transactions taking place outside of the system?  Any surveillance to keep that to a minimum?

I'd love to hear some thoughts on this.  Thanks!

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The state will never be able to stop barter, no matter what those in power at the moment think. If enough people want to go outside the system it will happen, and if they remove cash and track every transaction that is exactly what they will get - barter. A lot more barter. If its not precious metals it will be something else. 

If you are worried about precious metal confiscation then consider buying jewellery instead of coins. If it does go the way you say (barter), or potentially if things get hairy in a financial crisis, jewellery will be much preferred to coins anyway due to the hall mark. 

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Digital currency is good as long as people have access to digital equipment that works. Think EMP and nuclear ☢️ bombs targeting & wiping out electrical generators, data storage areas, cloud infrastructure etc. Hopefully I could still spend somewhere 🤷‍♂️ 

I think it was Einstein who said something like WW3 will be fought with nuclear weapons but WW4 with be fought with sticks and stones.

Most knowledge is held in the cloud these days and accessed via “Google”. So strikes on the worlds data and knowledge repository could send us back hundreds of years. Once the paper libraries are gone it could be very dangerous. Hopefully they are keeping a physical library somewhere very well protected (like they are going with the seeds)  for whatever is left of the human race one day 🤔 who knows what could happen 🤷‍♂️ 

Decus et tutamen (an ornament and a safeguard)

YouTube - https://www.youtube.com/channel/UC5OjxoCIsDbMgx7MM_l4CmA

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I take it as a given that eventually they will seek to ban gold and bitcoin, either literally or defacto. Why? Because history shows they always move to trap the plebs completely in the fiat system as they devalue it to oblivion. If too many people check out it stops them controlling how it happens. A digital currency might come first but if you buy gold with it you are screwed when it comes to a ban as they would know you had it.

But as well as controlling money, as you mentioned, they will also seek to control people. and lives. We are seeing the start of this in 2020. As we continue it will be new rules and agendas and threats... much of this will be wrapped up in language about equality, diversity, safety, health and environmentalism but in reality everything they do will result in them having more control over your speech, movements, finances and personal choices.

It will be risky times as they will surely continue to make people focus all their hatred and frustration on each other also and not the elite or banksters. So civil unrest will get worse in cities and society will become increasingly fractured and spiteful towards one another.

As such my main priorities would not be what to do with my gold. If you have it great, keep it hidden as it may save you at some point or help you in the future. But right now Id be more concerned about personal safety and food security in the coming years. Britain is particularly vulnerable on those fronts. PM’s cant save you from the societal crises that are to come. Moving to a safer location, growing your own food, having a plan for emergencies etc might. Brexit happening at the end of December this particular year is no coincidence, after January 1st Brits become a captive audience.

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I am not a conspiracy theorist but imagine that governments would love to implement a non cash global currency that is fully traceable.  Why? Primarily taxation but they just can’t resist a database and tracking people.  If you are under any illusions just look at the Snowden papers..

As for PM’s I suspect they would Slowly want to bring them into the system and control and custodies them in banks and central banks.  
 

Just my thoughts

Best

Dicker

Not my circus, not my monkeys

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8 minutes ago, dicker said:

I am not a conspiracy theorist but imagine that governments would love to implement a non cash global currency that is fully traceable.  

That "goal" is many decades away. We still have over a billion people without electricity on this planet. Depending on who you read, between one third and a half of the world's population don't even have bank accounts.

With those numbers, moving to a non cash global currency is a non starter. 

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2 hours ago, HighlandTiger said:

That "goal" is many decades away. We still have over a billion people without electricity on this planet. Depending on who you read, between one third and a half of the world's population don't even have bank accounts.

Those places you mentioned are not seats of power or influence so they're not that important to the rulers of this world. But they can still exploit them if there's anything to be gained. So a global digital system would still be effective.

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1 hour ago, RacerCool said:

Those places you mentioned are not seats of power or influence so they're not that important to the rulers of this world. But they can still exploit them if there's anything to be gained. So a global digital system would still be effective.

Not important ?

😂

Those places without power, are where the bulk of the worlds raw materials are located. The mines may have power, but the local villages where the workers come from don't.  And the places where the majority of people don't have bank accounts are the places that manufacture things on the cheap, so the western world can have £2 t shirts from Primark and make Apple rich paying a pittance to build I phones

You can't exploit the vulnerable poor with c**p wages of tuppence an hour, If there is an electronic trail showing that you are paying them bugger all. 

A global digital currency that would be in use everywhere, is science fiction not science fact. Never going to happen in my lifetime, and probably not even this century. 

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They have no other choice but to take this to the logical conclusion so I would expect them to do anything and everything they think will enable them to control the collapse of the current monetary system. Historically speaking we can see signs that we are now in the end game for the current system and the US dollar as the reserve currency.

Whilst 2008 they succeeded in kicking the can down the road in late 2019 we appeared to catch up with that can when the repo market spazzed out signalling something nasty was coming. This was when the federal first stepped in but based on what we know now its likely they knew even back then this was a very short term fix. They probably saw that what was needed to stave off a full collapse was not just hundreds of billions but trillions in new money. Of course their real predicament was how to create the political and public will for this massive fiscal stimulus.

So Cometh the hour, cometh the man. In March 2020 there is a crisis, global and terrifying. Of course, the central banks were ready and jumped in saying 'we have no other choice!' and began printing in earnest. Fast forward a few months and they had printed such obscene amounts of money it dwarfed all the previous QE's in scale and magnitude. This year we saw them print more then the entire amount debt the US government had amassed over 200 years in just few months.

This was not stimulus however it was literally just to stop an immediate collapse and kick the can not years down the road this time...but months! The next wave of printing is already being discussed. Whilst the US can double and then quadruple its debt from here...the time decay on how effective this is at staving off a deflationary collapse will grow shorter and shorter....but, with more and more printing and the onset of MMT, the likelihood of hyperinflation will grow with every new wave of printing.

Ultimately the path they have taken is a hyper inflationary one. I think they will use these last stages to implement 'the green revolution' they desire, knowing that this is the last hurrah before they hyper inflate it away as the system at some point has a collapse triggered either by their own volition or through the consequences of their actions.

A digital currency will be the system they develop alongside this whole end game, it is already underway in terms of the Euro, Dollar and Pound etc in terms of development. It might be a transitory system to a new one world currency or it might not but the transition from independent digitial currencies to a universal one or quasi universal (Europe and America and Asia for example) will be very simple after the old system has collapsed so it could happen quickly. Much quicker then we think. As the past year has shown us, when they need to move quickly...they can do an awful lot in a very short space of time. We saw just how quickly our laws, liberties and the soverieginty of individual countries could be bypassed and revoked when they had to will too. If we took one lesson from 2020 it should be this...when it occurs it will unravvel very quickly.

 

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On 23/11/2020 at 03:04, HighlandTiger said:

A global digital currency that would be in use everywhere, is science fiction not science fact. Never going to happen in my lifetime, and probably not even this century. 

Well, you say that...

Philippines pop. 110,000,000

77% of the population are unbanked meaning only 15.8M have a bank account, however, 75.6M have a mobile phone.

Technically, alcohol is a solution..

'It [socialism] poses a growing threat, however unintentional, to the freedom of this country, for there is no freedom where the State totally controls the economy. Personal freedom and economic freedom are indivisible. You can’t have one without the other. You can’t lose one without losing the other.'

"There is no such thing as public money, there is only taxpayers' money"

Let not England forget her precedence of teaching nations how to live.

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The idea is probably to race which state/interest groups will print more paper money and give it to selected groups for free and with that money to buy all what is offering in real world. Idea is probably to do that on expense of groups who do not get free paper print money, so on that way they hoping they will compensate effect of mass printing. Can that be effective? Maybe! Can PM play some role in that? Probably can!

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On 20/11/2020 at 19:21, KDave said:

The state will never be able to stop barter, no matter what those in power at the moment think. If enough people want to go outside the system it will happen, and if they remove cash and track every transaction that is exactly what they will get - barter. A lot more barter. If its not precious metals it will be something else. 

If you are worried about precious metal confiscation then consider buying jewellery instead of coins. If it does go the way you say (barter), or potentially if things get hairy in a financial crisis, jewellery will be much preferred to coins anyway due to the hall mark. 

Talking about the Great Reset and banning gold - of course - didn't you listen:

You will own nothing and you will be happier than ever before.

Do you think you will own nothing BUT gold?

If they are successful with their so-called Great Reset (it should be called Not So Great Transition as it wouldn't set us back but transform us into a communist world), you won't need to worry, what to invest in because you won't have anything to invest.


 

Their plan clearly lies in front of us to see it:

F.cking up the economy so that unemployment is high as never before and the private sector and small and medium business almost all dead - not in order to greatly reset it - but to then offer their solution - THEIR solution, thus our burden - the universal basic income. Very quickly it would not be unconditional. Once it's established, they will ask you to jump on one leg and quack like a duck and you better do it or otherwise you will find yourself in the woods eating roots, if not in a gulag. Yes, demanding completely senseless things is part of it, we can see it already now during the fakedemic, it's crucial in order to bring us on our knees.

A digital currency - they might well try and go for it next year. Not worldwide for practical reasons, but in Europe, the US, parts of Asia. If it happens, it will happen over night. Announced during a weekend - "from Monday on paper is no legal tender any longer, you can still redeem it for the next month or so" I would not just be a digital currency but they would very soon block you from making certain purchases. "We have a global food crisis now, you have bought enough food already, you greedy, selfish capitalist bast.rd!" The Social Media Censorship and Cancellation model but with our money. Also soon it might get implemented a negative interest - becoming worth less - nominally - all the time. But this might also not happen in order to limit the resistance against this money. In this case I would expect wide spread lack of acceptance. "If you want me to give this good to you, if you want me to work for you, you will have to give me something real, not this c**p digital Dollar, Euro, Pound, etc" This real thing will be private crypto currencies and of course precious metals.

If they try to install their Great Reset, gold will absolutely sky-rocket, no question. The next question is, will they be successful - in that case, as said, at the end of it, you wouldn't own ANYTHING.

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Yes "you will own nothing and be happy" - in other words they wish to extend the modern slavery system of debt to all people. Universal income means they control you, behave as they want or it goes away. Social credit score would tie in with it. You own nothing, you are reliant on the state to maintain your standard of living and you must behave the way they want to keep it - No thanks. 

I used to be for basic income due to the fairness aspect (compared to current disgustingly unfair welfare system), but the way the state behaves I am firmly against any form of basic income now. They will use it as a lever of power, like everything else. 

Why can't they just leave us alone? 

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4 hours ago, KDave said:

Why can't they just leave us alone? 

Because they hate us in the literal sense of the word. From ancient Rome until present day, emperors, monarchs and now their modern day equivalents the elite trillionaire families have generally despised the populace.

They believe we are dumb and left to our own devices become dangerous. As such we need controlling like animals in such a way we can be easily exploited for their gain, profit and pleasure. Its actually amazing that our ancestors even managed to scratch and claw their way to some semblance of freedom and autonomy at all. But they did, and we were allowed to become free range animals at least.

But alas, now we are allowing it to be destroyed before our very eyes and its back to the cage in the zoo we go. What is wrong with us? 

It was always likely that once technology was powerful enough for them to control whole countries en masse they would seek to centralise power again and reassert themselves through new technocratic totalitarian means. Thats what the unabomber Ted Kaczynski warned us about, he saw what was happening and were it would lead and it actually drove him to madness. He rightly predicted they would opt for far left ideology as the route with which they could convince vast swathes of people to willingly give up freedom of speech and action.

But, we still had to acquiesce on a massive scale for it to work and sadly over the past 2 decades more and more we have until we got to the point they could pull off what we are seeing right now.

 

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