Maybe you have been hearing rumors of the coming digital dollar. The idea isn’t new and digital currency is being considered by most major economies around the world.
I am not going to go into a lot of detail in this email but I am working on special report which I will share with you once finished. China and Russia have already launched pilot programs of their own digital currencies. More than 90% of Central Banks are exploring digital currency right now,
and President Biden signed an Executive order that sets the stage for this new war.
In essence a digital dollar would replace the paper you carry in your pocket.
Look, my kids will go for it as will many of the younger generations. They don’t carry money anyway. They use Vemno, Zelle and a variety of digital apps to transfer money and pay for things. So for the younger generation this is no big change in the way they do things. Frankly most of them don’t value privacy at all. They are on social media everyday sharing every part of their personal life. It’s just a matter of time until cash is something that exists on a computer.
But for the rest of us, just think what it means to have your money controlled by someone else.
Or heaven forbid you want a NEW gas stove- forget it. “They” control your money, what you can spend it on and if you can keep it.
We have already seen that our government is more than happy to control what you can say on social media and how they simply cancel those who think differently. Controlling you through your money is a natural next step.
Even before this we have seen the banks make it harder and harder to do business. If you take too much money out of your bank they are required to ask you what you are doing with it. They hold up your money. I have seen instances where they just refuse to send a person’s money to who they want. I have talked about these things before.
The one thing they really can’t control is Gold, Silver or even platinum.
You buy it. You hold it.
Gold has been used as money and as way to preserve wealth through catastrophes.
People escape war zones and take their gold with them. Imagine if you had to live through the 20000_% inflation in Germany 100 years ago, or the inflation in Venezuela.
It is no wonder that I have seen half a dozen advisors on financial news stations recommend gold over the past 10 days. I don’t ever remember that happening before.
In 1964 you could buy gas for your car at .25 a gallon in most states in America.
1964 was the last year that the U.S. Minted Quarters with 90% silver.
Today a 1964 Silver Quarter is worth about $5.60, with gas selling for about $4.75 to $5.60 a gallon.
A 1964 silver Quarter will still buy a gallon of gas for your car.
THE U.S. is still making $100.00 bills at a cost a cent and a half.
Yes, it cost them .015 each to print $100.00 bills.
THEY are not making any Silver Quarters.
The car you put the gas in was about $4500 or the equivalent of 128 ounces of gold.
TODAY THE AVERAGE PRICE OF A CAR IS NEARLY $50,000 BUT THE 128 OUNCES OF GOLD COULD BUY YOU ALMOST 5 CARS. THE 128 OZ OF GOLD IS WORTH $243,000.
The year I graduated from High School gas averaged .59 a gallon. Today 2 silver quarters and a silver dime would be worth about $11-about 3 gallons of gas here in Phoenix.
The average price of a new car in 1976 was $5450 or about 44 oz of gold
Today that average price for a new car is $48,094. The 44 ounces of gold is worth $83,600.
Talk about holding its value. This is why you should own gold and silver.
PREMIUMS ARE DOWN
Gold has done very well the past couple weeks and has touched the $1900 mark this week. However, the good news is that premiums- the amount you pay over the spot price has come way down.
So even though gold and silver are higher the price you pay is NOT.
I have a few limited special to offer bur supply is limited.