>>60908635
It is well known that economic systems have multigenerational lifespans. The economy is now saturated with debt and the banks and government are running out of resources to remain the engine of the economy. In these instances, you do not want your wealth tied to credit. Now is the time to be stacking assets that do not have counter party risk. When the time comes to pay up, people will not be taxed out of 100% of their wealth just to pay the debts. They'll just default on them. That means they'll default on all of the insurance, pensions, social security, healthcare, and every asset propped up with leverage will implode in value as well such as housing, collectibles, art, stocks etc.
All of this credit money is also flowing into balance sheets and income statements too. All sorts of worthless jobs will cease to be when people can't afford $20 chicken wings and $8 beers. The unemployment stemming from the collapse of the insurance industry and housing industry will be astronomical. It's all goes back to credit. Stacking layers upon layers upon layers of IOUs. Made possible by everyone having zero savings and the banks just trying to replace savings with credit.
It's going to be nasty, but fortunately none of us have to worry about it because we are all so far ahead of the curve. Chasing yield in this day and age is pointless.

>>60902563
I remember February 2022 when the Russia Ukraine war broke out i drunkenly FOMOd a high priced 100 oz bar for $3500. They're selling for like $4400 now.
I also remember during Covid and taking my Trumpbux and slurping 10oz bars for $170 each.
I took on a part time weekend job and worked my ass off to stack silver and GME and it was the smartest thing I ever did. I don't really have any concerns about my economic future knowing how strongly positioned I am on the back foot. Making bull moves in bear markets is the way to go.
Better to be making money profits when the market shits the bed. If I am working and making an income I don't need to worry about my investments.

>>60821739
The debt keeps growing as does the cost of interest. If the asset we all collectively own is only good if we all fork over $300,000 then what good are these investments if they can only even be bought with bank credit? Or the stocks that are overbought and worth pennies on the dollar. And a bankrupt citizenry who can only make a living selling hamburgers and craft beer who need credit cards to get by?
It's all a steaming pile of shit.
If the BRICS renegotiate the trade imbalance and fewer goods flow into America it won't matter how many dollary-doos you think you have when there will be less and less stuff to buy. People will find out they put a lifetime of work into their dollary-doo portfolio only to find they no longer have enough savings to retire. Collecting dollars and credit assets is a losing proposition because the debt is several times larger than the GDP. How can these debts be serviced when the entire future GDP is already owned twice over? There is nothing left for any of us. So that's impossible to pay back so all that is factually possible is that all of the credit savings and investments and claims get revalued to their intrinsic value. There won't be bank credit propping up nominal values any longer. You won't be able to get a buyer for your $1M house if a bank isn't creditworthy to give you a loan. You'll have a Millennial with $50,000 cash if you're lucky. And what will cash even be worth anyway?

>>60728059
They're not broke because they own gold. They can steal value from everyone who owns credit assets. Don't take my word for it, Alan Greenspan admits as much in that image posted here:>>60727899

>>60599863
I'd be lying if I told you I didn't enjoy it lol. I'm actually a bit surprised that I don't get any pushback whatsoever.