This is gonna be a hellava ride. A lot of ups, and a LOT of downs.
And betting on one wrong horse can leave you penniless (wait a minute, Trump just go rid of the pennies… oh no)
There is a really BIG PROBLEM with keeping your wealth. Nothing is right anymore. You cannot rely on old information. Even this blog post may get old.
Even bitcoin could go to zero. And that is the biggest, nearest to a safe bet as i can give right now.
Everything Wall Street has is going to turn to dust. After it falls over and collapses. I mean this in a darkness meets light way. It isn't that evil will be tracked down and put out of our misery, although that will happen a lot. It is that evil WILL GO AWAY. And there is nothing that evil can do about it. However, dying dinosaurs thrash A LOT
It all goes away
- Bonds - you can't pay interest on sound money
- Stocks - they go away, and the companies they supposedly own, will be gone.
- Insurance - How dare you make money on people's suffering. What replaces it is so much better.
- FRNs - Federal Reserve Notes, especially ones in a bank, will be gone. The bank, the bank account, the FDIC all dominoes falling
- Derivatives - they go poof! Smart contracts replace them, and make it obvious that they are less than hot air.
Basically, i have listed everyone's retirement accounts, and said, that they go poof.
Everyone's house may go away. Banks do really bad things when they are drying. Mortgages can be called in. Do you have enough money, not in a bank, to pay off your mortgage in 90 days? Well, then your house may get seized, and the "judges"/politroaches may choose to do it as one big bill/judgement. (It will probably happen individually in court, tying up courts for YEARS) This is a reason to pay off your house, with crypto during a bull run.
The thing to take from this, is that everything that is called a "safe" asset right now, will just go poof. Not slowly go down in price, it will be sudden, and unstoppable. Like your bank closing and never reopening.
Precious Metals lack lustre
This is one of the places that is really hard to accurately prognose. Because the metals aren't going to go away. No poof-ing going on here. But the value may go WAY UP, or it may become "The Devil's Money" and you aren't a good person if you have any.
Silver is about to become VERY HIGH PRICED. It will be used in new devices that people will pay anything for. $10,000 a gram for a particular isotope of silver may be seen AND!!! will be happily paid if the manufacturer can get their hands on it.
And then silver becomes a national defense metal, and you can only sell it "legally" to the govern-cement. But they will have vans at every grocery store to make you selling it easy.
And later, they will figure out how to create that element. Like out of plasma, or to separate it so much easier, and the price will fall back to what silver was at "normally". We use a LOT of silver in manufacturing, so it will always have value.
Gold, on the other hand, has a difficult journey ahead of itself. Gold is a pretty yellow metal that doesn't corrode. Not very useful outside of art. Despite this, many people believe it is rare and valuable.
It is about to be shown that it is NOT RARE. There are tons of it in vaults all over the world. Most of those aren't known about to the public. There is 10x-100x gold in vaults than is considered "all the gold in the world". The Rots-childs could sell gold to jewellers for $30 an ounce for a hundred years and not run out.
We will find out just how bad the rots-childs are (and the other 12 families) and find out that they are the source of gold we suddenly see being made into coins. And, at that point, many people may stop accepting gold. It is coming from the Lucifarians. It may become known as "The Devil's money". (we may also find the rots-childs hidden holdings and run in and take it, while we are hunting the 13 families. And thus, gold doesn't become known as "evil", but there is suddenly a lot more of it around)
Soooo, if you own gold and silver, there will be a definite rise in price, and a window where it may be a GOOD IDEA to sell it. It is so very difficult to foresee the future on this. It is still in flux.
Bitcoin and other cryptos
Cryptos are the future… as long as they survive.
AND!!! All the cryptos will be superseded by better moneys. (however, the better moneys will most likely be upgrades to the already digital code behind the cryptos we will be using.)
Bitcoin is a weird creature. It is the most likely crypto to continue existing. But sooooo much happens.
Let us say that your bitcoin is now worth $100,000,000 dollars a coin, and no one has that much money, so it is traded for things like mansions and super-yachts. And it doesn't really have a price, except from people saying how much that person paid that person, for that super-yacht.
What do you do with that??? As a little person, who only wants a house, or grow lights, how do you spend it? I am sure that lightning network will be made bigger and more robust, but can you afford the fee to transfer your little bit of bitcoin to lightning?
People say that they will take out loans backed by their bitcoin holdings, but this will be VERY SHORT lived. You cannot pay interest on a sound money. So, as soon as fiat goes, so will these loans.
Bitcoin will be so valuable as in satoshis will buy groceries. We will have milli-sats and pico-sats for pricing small items.
And then we must talk about Satoshi's stash. Will it move? There is a thought floating around that it will be apportioned out like social security.
And, if bitcoin isn't 100% safe, than what is? You will have to stay up on your crypto bag. 90% of cryptos are going away. And probably this year. Just poof.
You will need to keep up on which cryptos are used for what, and by whom.
Bet on the future. All the old standbys are suspect. Money in the bank is … gone. Money under the mattress may be the best thing you ever do… for a short period of time after the banks close.
Cryptos are the future, but do not get complacent. They will be changing.
Precious Metals may be great, especially silver, but gold could become verboten.
All the Wall Street Paper WILL turn to dust. All of it.
Really think about what you would buy if you had lots of money. Invest in a greenhouse. Invest in grow lights. Invest in water storage and collection. Invest in seeds.
Buying things that you will use is the best investment. No matter which way the markets go.
Make your list of what you will buy if your investments go way up. Yes, you should let yourself blow 10% of your crypto profits. If you limit yourself like this, you have a relief valve for the money-burning-a-hole-in-your-pocket. And, with a list, you can acquire the things you have put time into studying. And whether cryptos go down, or China stops shipping, you will be better off with the things you need in your hand.
And, be sure to stock up on food.