9 Comments

There are different narratives:

1) The Central Banks will crash the economy soon and impoverish everyone before they offer the "salvation" of UBI and Central Bank Digital Currency.

https://live2fightanotherday.substack.com/p/endgame-take-3-wrapup

2) The Central Banks won't crash the economy until CBDC is ready and perhaps a lot of people have died from the clot shots. It could be years before CBDC is ready.

https://renegademind.substack.com/p/decoding-the-narrative

3) The debt-ridden global economy is incredibly fragile and will tank on its own soon. Mike Adams thinks the Evergrande default will ripple through the global economy in coming weeks and months.

https://www.brighteon.com/516ab89b-5426-4c4c-8a93-7ef67fcb690f

Expand full comment

Having been caught red handed in insider trading, they investigated themselves, and found no evidence of wrong doing. No jail sentences were handed out. No penalties were assigned to the culpable. No Fed board member was required even to pay one of the "token" fines that big banks are required to pay when caught in fraudulent and criminal activity. Nor were they even required to give back their ill gotten gains. When you make the rules, you don't need to follow them.

Expand full comment

Death to the New World Order.

Happy new year if I'm not online again this week.

Expand full comment

So stocks crash soon, what happens to crypto and gold in this situation?

Expand full comment

Major blue chip cryptos will be okay, even during power grid outage event, and gold over time will start to resemble crypto in large moves to the upside.

Expand full comment

Jim Rickards and Mike Adams think bitcoin is a huge fraud now because of Tether (stablecoin):

https://www.dailyreckoning.com.au/bitcoin-future-money-or-just-a-bubble-crypto-bubble-burst/2021/06/16/

I'm buying gold coins because I don't trust bitcoin (I could be wrong) and because I'm not sure the power grid will stay up. Gold prices have long been manipulated by Central Banks via paper gold (derivatives).

Expand full comment

btc and eth are trustworthy in terms of the blockchain, and if the power grid goes down and stays down gold will be worth little to nothing -- at that point antibiotics, lighters, ammo, food and skills will be all that matters.

Expand full comment

Torba is trying to create an alternative community, including payment system How do we (who do not comply) set up an alternate currency for when they flip the financial switch? I'm already on the rural/suburban edge. About to put my house on market with plan to move adjacent to Amish communities.

Expand full comment

When the switch is flipped initially even gold and silver will not do much. Barter with essentials, including skills. It will be difficult to run payment systems via crypto on THEIR phones and infrastructure with the NSA in full possession of 12 word phrases and all passwords.

Expand full comment