Wednesday, January 20, 2021

Mexican New Peso 1993

Remember when Mexico introduced the "New Peso" of old pesos in 1993? That conversion was 1:1000. Thus if the US did this, your grandparents that maybe get $2000 a month from Social Security would then get $2. That is what is going on with devaluing the dollar.

Tuesday, January 12, 2021

last 50 years it has gone from $35 to over $2000

In the last 50 years it has gone from $35 to over $2000 recently. The problem for them is that if they suppress the price for too long eventually they will lose a lot of physical from their official holding which is about 17% of all gold in the world. That is why it is so important for people to try and avoid Wall Street gold (paper) instruments like futures and ETFs. The bankers hate it when clients ask for physical delivery. The only way to defeat the bankers is for the general public to stack gold and silver. Even if it is only half an ounce of gold or 20 ounces of silver it will make a huge difference if millions start doing it.

Wednesday, December 30, 2020

Monday, December 28, 2020

1929 Crash

What is never mentioned is that the Federal Reserve Bank called in all short term notes. All short term notes were at brokers and small banks that were financing 10% margins in the stock market. As soon as the brokers got the news they, next mourning, went to the market to sell. The sell of sucked in farms, homes, businesses and peoples savings to pay off the debts. Complicating the situation, the Fed restricted the money supply for the next 10 years until the war. This allowed the Morgans - Rockefellers etc bought up these companies for pennies on the dollar and destroyed 100 of thousands of people. The Fed was and is the problem
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