A week or so ago I went to exchange some silver for currency, and the experience was very... cringe.
They say that silver is the winning currency in a world dominated by illusion, but disregarding the "illusion" part, I had to watch as the dealer struggled to count the ounces and half ounces, looked online for the spot price and took off 40 cents from the value.
Hell, we even had to plug in formulas for finding the silver content in the pre-64 coins.
In the back of my head I thought about this, that cryptocurrencies right now depending on where you live are actually more liquid, less taxing, and far easier to find the value for. They have a greater potential yield with prices evolving up to 100x faster than gold or silver. Gold can go up 2% and it's significant, while Bitcoin goes up 15%. Silver goes up 3% on a rare day, but daily in the altcoin world prices go up 10, 20, 40, 100%.
Did I mention the liquidity? Holding USD Coin in my wallet is a mere 10 minutes away from my bank account for 1%, and 4 minutes away from the exchanges for less than a dollar.
Silver is a 30 minute drive away for 40 cents/ounce, and a 3% Coinbase fee + a dollar to get into my USDC wallet. Silver isn't traded directly for anything anymore, and you would be an idiot to actually spend it for consumption purposes.
Now I have to mention first, the big crypto indices are likely rigged by USD Tether, which is the outlet for the banks to control the price of the markets.
That being said, with the central banks cutting rates and the real economy devolving and struggling under the weight of debt, there's hardly anywhere else for cash to go for passive/investment income other than the equity markets, including cryptocurrency.
I wish I could advocate for everyone stacking silver as a form of real wealth, but it looks almost certain to me that the ubiquitous amounts of distractions, entertainments, drugs, and no real way to expand on poor linear pay are going to feed us not into the physical world just yet, but evermore into the virtual economy, with rigged markets that slowly fleece everyone of their debt-based wealth.
The money sucking machine is not going to die until it destroys everything, and only after that will precious metals be able to be used again for something.
I repeat: The money sucking machine is not going to die until it destroys everything.
And until then, it will be a parabolic descent into madness. These markets are going to explode especially as the currency dies. Gold will lose in terms of liquidity compared to Bitcoin and the cryptos and that liquidity will serve to anchor our economic system onto the digital economy.
The currency will die and businesses will go belly up, EXCEPT FOR THOSE BUSINESSES WHICH ARE SUBSIDIZED BY THE CENTRAL BANKS - Big Tech, AI, Human-digital Interfacing and the like. The new currencies will be lifted by the same entities via money printing to buy said digital assets, raising the value of the companies which utilize said tokens.
In other words, this Independence Day is a mere realization of the current dependency on the system as well as coming total control of you via it. You've already lost the game, it's just a matter of how long you last from here.
And simply raising our hands and resetting ALL of the debt, doesn't erase the problem which caused the debt in the first place. Everyone will have to learn their lesson here whether or not they're rich or broke or comfortable or incarcerated.
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