Gold and Silver hold their own as STOCKS FALL: Plus CEDE &CO. They own EVERY STOCK YOU THINK YOU OWN.
I'm not worried about the cryptomarkets getting lower. Bitcoin is a buying opportunity that is here to stay. When the stock market collapses, companies vanish and everything that was invested with them goes away too, JUST AS ANYONE who invested in Eastern Airlines is well aware. Bitcoin will still be here.
The Dow Jones actually changes the companies in the list of 30 to prevent it from showing it's true colors anyway. Just ask General Electric , Bethlehem steel ...
http://www.businessinsider.com/dow-original-companies-2016-12
Gold and Silver? Yes, they have been up and down but in today's bloodbath on Wall-street my Silver coins lost NOTHING; in fact they are a little more valuable today than yesterday. WHY?
Because they are REAL and can be used and owned without a BROKER (notice they are not called RICHERS).
Did you know that you do not even really own your stocks in your own portfolio anyway? If they are like over 99% of stocks out there they are registered by your brokerage in their own name NOT YOURS! That's right boys and girls ! it is called "STREET NAME REGISTRATION"
http://www.escapeartist.com/assetprotection/who-really-owns-your-stocks/
According to the American BANKER : In the United States, publicly traded stock does not exist in private hands.
It is not owned by the ostensible owners, who, by virtue of having purchased shares in this or that company, are led to believe they actually own the shares. Technically, all they own are IOUs. The true ownership lies elsewhere.
The LARGEST SHARE HOLDER in the WORLD most likely owns your shares as well .
Cede & Co., which is the nominee of the Depository Trust Co., a depository that holds securities for some 600 broker-dealers and banks. For each security, Cede & Co. owns a master certificate known as the "global security," which never leaves its vault. Transactions are recorded as debits and credits to DTC members' securities accounts, but the registered owner of the securities — Cede & Co. — remains the same.
If you think your 'securities are secure' you're kidding yourself or you never met anyone with a Lehman brothers account.
Please click the following link to discover the real danger in the stock market.
https://www.americanbanker.com/news/you-dont-really-own-your-securities-can-blockchains-fix-that
Several years ago I went about from brokerage to brokerage asking anyone there if they had ever heard of CEDE & CO, which is technically the wealthiest company in the universe, and not one person knew anything about it.
According to BLOOMBERG it was founded in 1996 as a clearing house but that is a LIE. THEY OWN the GLOBAL CERTIFICATES you have a sort of claim if everything goes well. Is it any wonder that this PRIVATE company located at 55 Water Street New York, NY 10041 does not have any Key Executives recorded on the company profile on Bloomberg?
According to WIKI: A common misconception is that Cede and Company is merely a fictitious legal name used to refer to Depository Trust Company. In fact, Cede is actually a New York City-based partnership of certain employees of DTC.[5][6] Cede is a separate legal person from Depository Trust Company, which is owned by DTC Participants, who are banks and brokerage houses, and not employees of DTC.
One reason Cede is structured as a partnership is that each general partner can order transfers of stock registered in the name of the partnership without the need of presenting a separate corporate resolution to the stock issuer's transfer agent or stock registrar to validate the authority of the transfer.
OK, SO I looked in my BOX and my SILVER was Still there and the only thing written on it not related to the denominational value and country of minting was "IN GOD WE TRUST".
Personally I think that is pretty good...
I own Crypto because when I own it, it belongs to ME. I own SILVER for the same reason, it is MINE. I do not need to declare it to anyone and it is far more liquid , that is I can turn it into FRNS if needs be much easier than I can a stock or bond and still preserve my Constitutionally guaranteed protection of my privacy.