What a crazy ride!!

Buy Gold Buy SilverI have been in Alaska the last 10 days, freezing. I did get to see a snow fall for two days, got snowed in (we could have gotten out if we really wanted to, but decided to pretend it was impossible).  I haven’t had a chance to type up a post in a week or so and has a lot happened!

I’m not going to go through it all, we know we seen swings in the stock market unlike we have seen in many years, having broke some single day swing records.  Cryptocurrencies fell a good bit, gold and silver drop a bit, the dollar drops under 88, then someone got it back over 90, the Federal Reserve has a new chairman, dogs and cats living together it’s been pandemonium. Ok, so that last part was a bit of an exaggeration. Dogs and cats have lived together in my house for too many years to count.

I try to connect the dots as best I can. There are too many variables to consider, too much information to process to get a solid grasp on it all, but man, it is fun trying. Sadly, it can be literally life changing, what all is going on, we have to take it seriously. Just this last week there were billions lost in the markets and with cryptocurrencies. Someone is hurting right now from those losses.

Within it all I think I can see that the “slowing bleeding out” of the US Dollar is the plan, or so it seems.  I said from day one of Trumps administration that he’s be the one that see the markets crash.  Can trump take any credit for the record highs? Let’s see what happens when we continue to see record swings. Of course there are numerous factors outside of Trump’s control that creating the market’s bubbles and bursts.  I don’t think any one of us would argue that the dow hitting 26000 was natural. That’s funny, like anything that has anything to do with money is natural. The invisible hand was cut off before it got to guide anything.  I am referencing Adam Smith here with the invisible hand thing…it’s an interesting read if you have never heard of it.

I’ve been saying this for years now, I am one of a vast network of financial industry experts who are in agreement in saying that if you want to protect your savings and retirement, as the “experts” at Bloomberg (as liberal and anti-gold as they are) are stating that you need to get your money out of the U.S. dollar investments and into “the one asset class that rises as currencies collapse”. Yes, believe it or not that is from a Bloomberg article, form 2015! Even the liberal siding minds at Bloomberg saw thing coming and warned us. That speaks for itself.

Of course we all know what Bloomberg is referencing here with the wording, “get your money out of the U.S. dollar investments and into the one asset class that rises as currencies collapse”, they are talking about gold and silver.

The dollar has seen its day. I do sincerely feel that the dollar will continue to fall back to the great recession levels, if not lower.

The dollar is falling out of favor, fast! It may be gradual, it may overnight, but there will come a time sooner than later that the dollar is phased (if not directly taken) out of being the world’s reserve currency.  I don’t think that there will be an immediate alternative, no, I don’t think it will be a cryptocurrency, at least not at first.  I think that countries will do what China and their allies are, they’ll simple bypass the dollar and use whatever they please. Many are favoring gold, which is good for us gold bugs, bad for those who have dollars.

This year we are on pace to set a record when it comes to how much we have to borrow to keep the government running. Many experts are saying it could crest over $1 trillion, just this year alone! That’s a death blow…well, another death blow, to the dollar.

I guess our “leaders” are at the point that they know we are beyond repair so why not spend as much as possible, is there really a big difference between 1 trillion and 25 trillion why not 30 trillion? We can’t pay back 1 trillion, what makes you think we can pay back 20? It can’t get any worse, of course the amounts can go higher, but it can’t get any worse.

This is a very sad example, but we are in a sad situation that will hurt a lot of people. This reminds me of friend who’s grandfather was dying of lung cancer, the family asked the doctor if they should intervene and make the grandfather stop smoking. The doctor said, no, he’s going to die soon, just let him enjoy as many cigarettes as he wants the damage is done.

I think the federal reserve is that doctor, and congress with their beyond out of control spending is the cancer patient. The dollar is dying anyway, just let them spend as much as they want until it dies.

Despite what dots we can connect, it is a fact that all fiat currencies have failed since the beginning of recorded history, that’s an undeniable, indisputable fact. Our dollar is no different, it will fail.

For over 5000 years of recorded history (even longer actually) there has been one asset (two technically) that have outlasted every fiat currency ever invented the last 5,000 years: Gold and Silver

Will you heed the warnings or will you attempt to ride it out or worse yet ignore it all together?  The choice is yours. You know that the storm is coming, it’s a fact, not a matter of if, but when.  It’s up to you to protect yourself or not.

Ready for an run-on sentence?  …we’re already over $20+ trillion in debt, looming threats of a government shut down (old news, I know), threats of social security fading away due to our squandering, tax cuts, but massive increases in government spending (yeah that’ll bring the deficit down), we have perfected the art if financial squandering, Russia is making us look foolish, our allies questioning our judgement, China is about to take over the financial world, our Fed is stuck not knowing what to do, the stock market is literally flipping a crazy, cryptocurrencies are falling (some just disappeared), we are breaking records in tax revenue collected by our government yet still running massive deficits and expanding our handouts to those who refuse to work because they make more with handouts, I could go on and on, heck this is already a run sentence to epic proportions, my students at the university would mark me for this.

I have so much more I’d like to say, however, we have orders to fill for those whom have heeded the warnings and stopped or called us this week.

When you buy gold and buy silver you are buying financial insurance, just as so many countries, central banks and big investors have and are doing as we speak. There is no better time to buy than today.

Events that we are seeing unfold every single day offer even more proof that you need financial insurance and the confidence that comes along with owning physical gold and silver.

When you are ready or if you have any questions I am here to help you as best I can! If you simply just want to talk about it, feel free to call, email or stop by and see me at Pacific Coin Exchange, you’ll be glad you did!

Buy Gold Buy Silver

Buy Gold

Buy Silver

QR Code Business Card