Editor’s Note: For transparency, we are obviously VERY bullish about gold. This story by Ethan Huff is just another in a long line of articles and videos that have further solidified my belief that everyone needs to protect wealth or retirement as soon as possible with physical precious metals from an America First company.
The world is transitioning from a paradigm of Federal Reserve fiat currency dominance to what appears to be a gold-backed digital currency that will eventually serve as the new world reserve currency instead of the United States dollar.
The BRICS (Brazil, Russia, India, China, and South Africa) nations have already announced plans to create this new gold-backed digital currency as competition for the dollar, which is rapidly declining as the U.S. military-industrial complex loses its foothold of control over the world.
In order to level the playing field, especially for smaller nations, BRICS is in the process of bringing a gold-backed digital currency to fruition, and soon. And the recent failures of FTX, Genesis Trading, and other fraudulent cryptocurrency exchanges and platforms is helping to speed things along.
- (Related: The FTX crypto fraud helped fund the “TOGETHER Trial,” which aimed to discredit the usefulness of ivermectin as a remedy for covid.)
“This theme of fraud and money laundering is now a recurring motif as the truth about these exchanges is revealed,” writes Stan Szymanski for Encouraging Angels about this transition of power and currency control.
“While the implosion of crypto is continuing to be exposed through money laundering and bankruptcy, the U.S. Dollar (and by default, the United States) has clearly lost its stranglehold on world currency leadership.”
Soon the world will be free of central bank-owned fiat monopoly money
Finance as it currently exists under fiat-based central banking schemes is nothing short of fraudulent. It benefits a select few at the expense of everybody else and the fruits of their labor, which continue to be stolen via inflation and the constant boom-and-bust cycle of the markets.
The BRICS idea of pegging digital currency to actual gold – and ensuring that gold actually exists through solid accounting – has the potential to create a fairer and more just monetary system not controlled by the globalists like the current system is.
“The countries of the world are tired of being whipsawed by Fed policies,” Szymanski writes.
“Gold is the eternal constant … the BRICS will use Gold as a lynchpin in the establishment of their new currency. The rabid purchase of Gold by central banks that is noted above is a harbinger of its future employment in wider financial matters to come.”
Crypto in and of itself, in Szymanski’s view, has no inherent worth. Its blockchain backbone, however, has incredible utility potential, and could serve as a solid backbone for a future world reserve currency backed by real gold.
“Since the new coming world reserve currency will have a gold component, it must also be linked to an electronic medium for the instantaneous accounting and settlement of trade and transactions,” he explains. “Combining Gold (value) and crypto (accounting) can make sense if done right.”
Already, there is a gold-backed cryptocurrency scheme in the works between Russia and Iran. This gold-backed crypto will enable cross-border transactions instead of fiat currencies like the U.S. dollar, the Russian ruble, or the Iranian rial.
“The world is working feverishly to break free from the dollar hegemony of the United States,” Szymanski writes. “Gold will be a key to the new system as it has been real money for 5,000 years. Crypto will play a part as a transaction and accounting mechanism.”
“To the American populace (this is not financial advice-consult your financial professional): If your net worth is invested in dollar denominated assets including but not limited to 401(k), pension plan, savings accounts, Certificate of Deposit, mutual funds, stocks and bonds and the like you will most likely not believe how low the value of your assets can go when your country is not the holder of the world reserve currency.”
If you enjoyed reading this story, you will find more like it at Collapse.news.
Sources for this article include:
Five Things New “Preppers” Forget When Getting Ready for Bad Times Ahead
The preparedness community is growing faster than it has in decades. Even during peak times such as Y2K, the economic downturn of 2008, and Covid, the vast majority of Americans made sure they had plenty of toilet paper but didn’t really stockpile anything else.
Things have changed. There’s a growing anxiety in this presidential election year that has prompted more Americans to get prepared for crazy events in the future. Some of it is being driven by fearmongers, but there are valid concerns with the economy, food supply, pharmaceuticals, the energy grid, and mass rioting that have pushed average Americans into “prepper” mode.
There are degrees of preparedness. One does not have to be a full-blown “doomsday prepper” living off-grid in a secure Montana bunker in order to be ahead of the curve. In many ways, preparedness isn’t about being able to perfectly handle every conceivable situation. It’s about being less dependent on government for as long as possible. Those who have proper “preps” will not be waiting for FEMA to distribute emergency supplies to the desperate masses.
Below are five things people new to preparedness (and sometimes even those with experience) often forget as they get ready. All five are common sense notions that do not rely on doomsday in order to be useful. It may be nice to own a tank during the apocalypse but there’s not much you can do with it until things get really crazy. The recommendations below can have places in the lives of average Americans whether doomsday comes or not.
Note: The information provided by this publication or any related communications is for informational purposes only and should not be considered as financial advice. We do not provide personalized investment, financial, or legal advice.
Secured Wealth
Whether in the bank or held in a retirement account, most Americans feel that their life’s savings is relatively secure. At least they did until the last couple of years when de-banking, geopolitical turmoil, and the threat of Central Bank Digital Currencies reared their ugly heads.
It behooves Americans to diversify their holdings. If there’s a triggering event or series of events that cripple the financial systems or devalue the U.S. Dollar, wealth can evaporate quickly. To hedge against potential turmoil, many Americans are looking in two directions: Crypto and physical precious metals.
There are huge advantages to cryptocurrencies, but there are also inherent risks because “virtual” money can become challenging to spend. Add in the push by central banks and governments to regulate or even replace cryptocurrencies with their own versions they control and the risks amplify. There’s nothing wrong with cryptocurrencies today but things can change rapidly.
As for physical precious metals, many Americans pay cash to keep plenty on hand in their safe. Rolling over or transferring retirement accounts into self-directed IRAs is also a popular option, but there are caveats. It can often take weeks or even months to get the gold and silver shipped if the owner chooses to close their account. This is why Genesis Gold Group stands out. Their relationship with the depositories allows for rapid closure and shipping, often in less than 10 days from the time the account holder makes their move. This can come in handy if things appear to be heading south.
Lots of Potable Water
One of the biggest shocks that hit new preppers is understanding how much potable water they need in order to survive. Experts claim one gallon of water per person per day is necessary. Even the most conservative estimates put it at over half-a-gallon. That means that for a family of four, they’ll need around 120 gallons of water to survive for a month if the taps turn off and the stores empty out.
Being near a fresh water source, whether it’s a river, lake, or well, is a best practice among experienced preppers. It’s necessary to have a water filter as well, even if the taps are still working. Many refuse to drink tap water even when there is no emergency. Berkey was our previous favorite but they’re under attack from regulators so the Alexapure systems are solid replacements.
For those in the city or away from fresh water sources, storage is the best option. This can be challenging because proper water storage containers take up a lot of room and are difficult to move if the need arises. For “bug in” situations, having a larger container that stores hundreds or even thousands of gallons is better than stacking 1-5 gallon containers. Unfortunately, they won’t be easily transportable and they can cost a lot to install.
Water is critical. If chaos erupts and water infrastructure is compromised, having a large backup supply can be lifesaving.
Pharmaceuticals and Medical Supplies
There are multiple threats specific to the medical supply chain. With Chinese and Indian imports accounting for over 90% of pharmaceutical ingredients in the United States, deteriorating relations could make it impossible to get the medicines and antibiotics many of us need.
Stocking up many prescription medications can be hard. Doctors generally do not like to prescribe large batches of drugs even if they are shelf-stable for extended periods of time. It is a best practice to ask your doctor if they can prescribe a larger amount. Today, some are sympathetic to concerns about pharmacies running out or becoming inaccessible. Tell them your concerns. It’s worth a shot. The worst they can do is say no.
If your doctor is unwilling to help you stock up on medicines, then Jase Medical is a good alternative. Through telehealth, they can prescribe daily meds or antibiotics that are shipped to your door. As proponents of medical freedom, they empathize with those who want to have enough medical supplies on hand in case things go wrong.
Energy Sources
The vast majority of Americans are locked into the grid. This has proven to be a massive liability when the grid goes down. Unfortunately, there are no inexpensive remedies.
Those living off-grid had to either spend a lot of money or effort (or both) to get their alternative energy sources like solar set up. For those who do not want to go so far, it’s still a best practice to have backup power sources. Diesel generators and portable solar panels are the two most popular, and while they’re not inexpensive they are not out of reach of most Americans who are concerned about being without power for extended periods of time.
Natural gas is another necessity for many, but that’s far more challenging to replace. Having alternatives for heating and cooking that can be powered if gas and electric grids go down is important. Have a backup for items that require power such as manual can openers. If you’re stuck eating canned foods for a while and all you have is an electric opener, you’ll have problems.
Don’t Forget the Protein
When most think about “prepping,” they think about their food supply. More Americans are turning to gardening and homesteading as ways to produce their own food. Others are working with local farmers and ranchers to purchase directly from the sources. This is a good idea whether doomsday comes or not, but it’s particularly important if the food supply chain is broken.
Most grocery stores have about one to two weeks worth of food, as do most American households. Grocers rely heavily on truckers to receive their ongoing shipments. In a crisis, the current process can fail. It behooves Americans for multiple reasons to localize their food purchases as much as possible.
Long-term storage is another popular option. Canned foods, MREs, and freeze dried meals are selling out quickly even as prices rise. But one component that is conspicuously absent in shelf-stable food is high-quality protein. Most survival food companies offer low quality “protein buckets” or cans of meat, but they are often barely edible.
Prepper All-Naturals offers premium cuts of steak that have been cooked sous vide and freeze dried to give them a 25-year shelf life. They offer Ribeye, NY Strip, and Tenderloin among others.
Having buckets of beans and rice is a good start, but keeping a solid supply of high-quality protein isn’t just healthier. It can help a family maintain normalcy through crises.
Prepare Without Fear
With all the challenges we face as Americans today, it can be emotionally draining. Citizens are scared and there’s nothing irrational about their concerns. Being prepared and making lifestyle changes to secure necessities can go a long way toward overcoming the fears that plague us. We should hope and pray for the best but prepare for the worst. And if the worst does come, then knowing we did what we could to be ready for it will help us face those challenges with confidence.
