How To Survive The Financial Storm That Is Coming

in #bitcoin6 years ago

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If a great storm is coming your way, most people would like to have a warning in order to prepare. Watching the weather is a popular past time because people want to know what to expect and how to prepare. Here is an example, have you ever seen a grocery store get cleared out of milk, bread and eggs just prior to a snow storm? I have. Well, should anyone be different if a financial storm is headed your way. Would you not also want to get your "eggs, bread and milk" while you can before the storm strikes?

The global debt is out of control. Government, corporate and personal debt has never been this high in mankind's history. All REAL economic indicators are showing RED ALERT. The velocity of money is way down, trade is out of wack, hard durable goods orders are down. Unemployment is very high globally (not the rigged government figures). Wages are not keeping up with inflation. The U.S.A. stock market is artificially kept high. Over 75% of the stock market is high frequency trading among computers. Ordinary "Joe Citizen" is not investing in the market like he did in the 1970's and 1980's. The resent decline in Emerging Market nations currency is a disturbing sign. This indicates that the global Fiat monetary system is hemorrhaging and it will lead to currency collapses until it finally reaches the last currency standing, the U.S. dollar.

Global hyper inflation is starting in emerging nations economies. Venezuela, Argentina, Turkey, Pakistan and Brazil are seeing this right now. Soon 20 to 30 more nations will join them. The economic dominoes are falling. There will be an unprecedented rush to a "safe" financial harbor. What is a safe harbor? It is not the stock market. It is kept artificially high by the fraud F.A.N.G. stocks and real manufacturing companies like G.E. are removed from the Dow Jones List. Any asset that is valued in paper fiat money will not be a safe harbor. Assets outside of fiat are safer. Physical gold, silver, real estate, rare cars/trucks, art, diamonds and crypto currencies fit this category. Out of this list, some are easier to transport and hide from confiscation/theft than others. One problem, for example, with real estate is that you can not move it. As State or local governments get more desperate for tax revenue, real estate is a sitting duck.
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In either case the point is that it has started. It will not take long for the entire globe to be engulfed in hyper inflation. The run to "safety" will be great. It is always best to head for the exit before the rest of the crowd does. For now, some of these financial safety rafts are cheap. They will not stay this way much longer. It is always good to have insurance in case of a disaster. Well, a disaster is coming and insurance is still available. Do you have some?

images from: motherjones.com, telegraph.co.uk, finder.com

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Yes sir.............. the early bird gets the worm. Enjoyed.

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