Message from @SirW00f
Discord ID: 530536895990464514
So in a perfect scenario we wave a magic wand, rid ourselves of this debt and start a new with the current metal prices?? Am I close? I know it's not that easy.
Hopefully POTUS will be able to pin a lot of the debt on the banks by defaulting on the bonds owed to them. Yet prices are crazy high in markets and they will need to find fair value. In the current system that would mean stocks would shave off a lot in price. Yet, if you plan on switching to a gold standard, it is only,necessary to close the gap between very low metals price and the high stocks. It is poasible to flood the markets with money and prop up, while metals rise faster before the transition. However, that is a ton to ask for and likely the stocks will correct as metals rise. Also, convincing the publ8c that it is necessary to leave the central banking system (after years of,propaganda and free debt) will be hard without a bit of pain. It is better to have a pain in the wallet then have supply chains lock up or something crazy (wont happen although Hillary would of )
Well you can pay $1000 worth of debt with $100 worth of gold if you let the gold price rise by 10X
Thank you for your time and help. I understand better now
value of gold and silver will drop before the official 'takeover' ...then when the gold and silver goes up on international markets, not usa markets..u'll then know we've switched to gold and silver based currency
at that point, gold and silver will remain static of value vs the dollar
Next question
When is my fucking XRP gonna moon??
Haha
Some things to help for the transition:
-Audit Fed
-Default on debt/bonds to Fed and banks (in areas without public collateral if possible)
-Prove elite creeps guilty in court
-Confiscate all assets and give to treasury
-Mine metals the whole time and make purchases when possible and give to treasury
-End/absorb the Fed in Treasury
-After allowing to rise in free market, rise the metals price until debt is cleared
-Make sure trade is balanced & energy self sufficient
-Release a Treasury silver/gold back note, blockchain, &/or coin. Allow citizens to save in metals and have a form for easy transactions (100% gold/silver backd and redeemable treaaury blockchain)
Thats the perfect world...bad guys exist too though and fuck with plans so need to be flexible
@SirW00f that already happened
check value of gold and silver in usa markets ...did it move up or down today
And no they wont stay static
Up
it's not officially secured yet then
And who cares about 1 day haha
Dude, you have no idea what you're talking about
compare value of the dollar vs other currencies around the world
when u see the dollar go up....and keep going up while the rest of the planet is still on fiat system
then u know we're silver and gold backed, not fiat as well
it should remain mostly static against currency that is also gold and silver backed...with some slight differences for gdp
So your saying when countries are redeeming their bonds for dollars that they will want to keep those and not convert?
us treasuries are the only thing going up in value vs dollar
What do you think will happen to all the debt/currency already in the system
no clue at this time
@Kankels McGee any other legit questions?
Ya i can tell
Sorry for the saltyness ha
Just sounds ridiculous
but when u see known bankers and major investors doing selloffs of their assets (roths and soros) ...something is about to happen
Ya they have been for a while now
Even Q dropped the CEO of google selling
and oddly enough, the markets didn't really take much notice...except for the fact that they're basically blind now and have no clue whats worth investing in
@PawnWithAPurpose no my brother all good, thanks for that. Except that XRP statement tho, haha
No l, they have been propped up by decades of free money and 8 years of 0% interest rates until the past 2 of extremely low levels
I find ripple to be a bankster coin so dont follow
8yrs free money.....more like 50yrs of it
8 years 0% rates
actually over a 100