History doesnt lie. Why wont people learn from it....

in LeoFinance2 years ago

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Mark Twain once said that “History never repeats itself, but it does often rhyme.” So why is it that the world is still blind to the absolute shit-storm that is just on the horizon?? Maybe its because the worlds government have found a new way to lie, or maybe the majority of the worlds people are happy to be lead....

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You wouldnt have thought that it was only in 1929, that the United States was plunged into the Greatest Depression of all time, when the Wall Street stock market crashed on 29th October, with devastating effects for the economy worldwide. This depression lasted for several years and had ramifications at all levels of society, with more than 13 million people being unemployed during its worst period.

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If 1929 seems like too far back, then maybe the financial crash of 2008 would have made the world realise how fragile the manipulated system actually is!! Yet today, the fear of a financial collapse has surprisingly receded, and so have the prices of GOLD and SILVER. Gold sits at about £1,300 an ounce, and silver languishes a long way behind at a little above £17.45.

When the central banks and world government are saying that "inflation is transitory" and that there is "nothing to worry about", or "everything is fine", then let me tell you; inflation is not transitory, you should worry, and nothing is fine with the state of the financial syste..

Economists the truly believe in the system stand as much chance of forecasting the next financial disaster about as much as seismologists can predict the next tsunami.... They know it only after they see it, but then it’s too late to take cover.

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When all else fails, people will turn to gold and silver!! WHY?? Because when nothing else works, people will look to buy up the "safest assets" to get their finances through to the next phase of this global currency game! Exter's pyramid shows how in times of crisis, money will flood to the safest asset, which, throughout ALL OF HUMAN HISTORY has been.... Yep you guessed it - PRECIOUS METALS..

Is it time to buy at these bargain prices?

Buying precious metals is somewhat akin to buying insurance, insurance against sudden inflation and the loss of purchasing power. You can pay a little premium before disaster strikes, hoping that you won’t need to make a claim. Knowing you will always have a "get of of jail free" card should the next 2008 crisis, or 1929 depression start.

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I started my "stacking" journey only back in 2015. As i saw it, it was best to get in on precious metals back then because the birth of my son changed my outlook on life. I wanted some form of physical asset i could buy to secure his financial future. I knew that even back then, saving money in the form of Precious Metals would be the the most efficient way of transferring wealth to him when he turns 18. I realised that as the purchasing power of fiat continued to plummet, saving in pounds(£) would technically mean, as the years went by, i would be giving him less and less.

So my one bit of advice for you would be: "dont save in precious metals to become rich, invest in precious metals to stop you from becoming poor".... Start today!! Theres no better time.... wouldnt you rather be 6years too early, than 1 day too late??? Because when this system does come crashing down, the maths is inevitable, it would be gradually, youll wake up one morning to find the global financial system is in freefall.

Want to find out more about gold and silver? Get the latest news, guides and information by following the best community on the blockchain - #silvergoldstackers. We're a group of like minded precious metal stackers that love to chat, share ideas and spread the word about the benefits of "stacking". Please feel free to leave a comment below or join us in the community page, or on discord

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Hi @welshstacker,
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Thanks for sharing , so much has been learned

You are the pillar of intelligence buddy. 🤪

And the other Twain Favorite is the Three kinds of lies; Lies, damn lies, and Statistics.