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ID: apbiCp27/biz/60659655#60662784
7/20/2025, 7:08:14 PM
>>60662223
You are suffering from a normalcy bias in that we are used to seeing commodities priced in dollars. If metals were remonetized, prices would then be trading in relation to that metal-backed currency.
One very important thing to mention is that the difficulties of remonetizing metals is sort of a red herring. The main purpose of investing in commodities is to retain PURCHASING POWER. The simple fact is that bad debts can not be paid and those economic losses will be put on to the dollar. The treasury loses half of its tax revenue to interest alone so we are well beyond the point of no return. And if the Treasury is in trouble, then so too are the banks and then so too is Wallstreet and insurance companies and pensions and social security and every last business, balance sheet and income statement that comes anywhere close to these IOU-peddlers.
Commodities are useful intrinsically and they are needed in a way that toxic-IOU-paper is not. When losses are actualized it will occur via dollar-dilution. And in these events people spend cash as soon as they acquire it. Your paycheck will noticeably lose purchasing power every two weeks and panic will have people scrambling for something to buy that has value and will retain its value.
Coins and metal are the most obvious, albeit other safety nets will exist. Crypto-bros will not be immune to the loss of purchasing power as scarcity rules the day. Crypto holders will be selling crypto for real-world assets and they will find that few people can stomach their wealth tied up in digits. They will be superfluous as real world scarcity rules the day.
You are suffering from a normalcy bias in that we are used to seeing commodities priced in dollars. If metals were remonetized, prices would then be trading in relation to that metal-backed currency.
One very important thing to mention is that the difficulties of remonetizing metals is sort of a red herring. The main purpose of investing in commodities is to retain PURCHASING POWER. The simple fact is that bad debts can not be paid and those economic losses will be put on to the dollar. The treasury loses half of its tax revenue to interest alone so we are well beyond the point of no return. And if the Treasury is in trouble, then so too are the banks and then so too is Wallstreet and insurance companies and pensions and social security and every last business, balance sheet and income statement that comes anywhere close to these IOU-peddlers.
Commodities are useful intrinsically and they are needed in a way that toxic-IOU-paper is not. When losses are actualized it will occur via dollar-dilution. And in these events people spend cash as soon as they acquire it. Your paycheck will noticeably lose purchasing power every two weeks and panic will have people scrambling for something to buy that has value and will retain its value.
Coins and metal are the most obvious, albeit other safety nets will exist. Crypto-bros will not be immune to the loss of purchasing power as scarcity rules the day. Crypto holders will be selling crypto for real-world assets and they will find that few people can stomach their wealth tied up in digits. They will be superfluous as real world scarcity rules the day.
ID: WM/IH9H//biz/60566168#60575040
7/3/2025, 1:57:44 AM
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