Early Market Update and Why Fiat Money Poses a Bigger Threat Than CO2.
In this report i cover the early market activity from London on Monday July 17th, 2017. I look at the precious metals, stock market, foreign exchange and crypto currencies. I also argue that our current monetary system (fiat dollar) poses a bigger threat to the planet than carbon dioxide.
Good simile my friend and I couldn't agree more ! Like Jim Richards say the Fed is playing with the thermostat of a nuclear reactor.
Thanks @dandesign86
While fiat monetary systems are inherently flawed, I'd say that Gold and Silver also have a critical weakness.
They are ring-fenced by the governments that control their distribution and trading. It is a hard pill to swallow, but if precious metals were truly able to threaten government sovereignty, they wouldn't allow them to be bought and traded.
I know it isn't popular to think this way, and that it may just sound like a complete outlier theory -- but recall whenever precious metals are deemed a threat, the confiscations begin.
Its a dangling carrot that is used to keep elements of the population pacified, while its utility is constantly being eroded.
It seems the worm may be turning for the pm's which is great. I concur with your analysis of the climate change agenda. I would also like to add that this agenda also stifles economic and production advancements in poorer nations, imho. Especially those nations who's main resources are considered "dirty". Thanks for the video!
You are welcome @agcrypt.
@maneco64 Banking Cartel Agendas - yeah carbon tax, global warming, worldwide technocracy is certainly revealed!
They wish to control everything within a monetary system they control and coming soon the digital economy (blockchain, cashless society) if they have they way.
There is a difference between a cashless society and blockchain technology though. How do you think they would go about controlling cryptos?
@hallvardo I provide the evidence in my posts.
Great informative post once again @maneco64 keep up that work! Yes our current monetary system is totally in need of an update when you combine the wreckless spending of the government and the continuous money printing of Fed our system has been a walking disaster for quite so time we are experiencing a collaspe already anyway due to the fact that every countries currency is pegged to and backed by the dollar it just hasn't hit home things are gonna get bad in other places before it hit us because the head is always the last to go.
@mrtip365 I agree with your analogy about the head (US and dollar) always being the last to go.
Yes all US collaspes always start somewhere else before it makes it home.
Just got on this website. I look forward to now watching your content on this site. Please follow back hope to post things soon. Would love anyone else to follow me too. I plan on discussing coins, crypto and Tech
Rising CO2 levels dont even present a threat. Decreasing CO2 levels present a threat to life with less plant growth.