ACCUMULATE metals while they are still artificially depressed! the lower they go the more should buy................ bitcoin is a scam.
Interesting...how much of a discount can I get on my Amazon purchases using metals?
How do I send them my metals from Europe for payment?
25,000 isn't a lot of people, but if they all wanted to spend or send bitcoin in the same hour, they couldn't do it, no matter how much in fees they paid.
At least PMs scale.
How many PM transactions can your local pawn shop do an hour?
You can at least walk into a Subway restaurant and buy food with Bitcoin. Who takes gold for food? Nobody? Maybe some place in India? Or maybe spending a $1000 gold coin at $1 govt face value?
that is not why we hold gold .. we obviously would not use gold to buy a sandwich at subway... instead, we would exchange gold at the state depository for local currency, or possibly even bitcoins, or other crypto-currencies. .. today, i can exchange bitcoins for gold or gold for bitcoins at bitstamp... we buy gold to store our wealth outside the banking system .. if you keep your local currency in the bank you risk bail-ins, and at the very least, watch its loss in purchasing power due to the federal reserve shenanigans .. that is the difference between money and a currency.. money is a store of value, while currency cannot store value as it is always losing value.
i do not believe anything is going to change from the status quo until the usd collapse and death as reserve currency.. until that happens, pms will continue to be artificially suppressed, bitcoin and crypto-currencies will continue their games, stock market will be where most the sheeple are herded into, the remainder of the sheeple are being herded into bitcoin.
when the usd collapses then will commence the "big block of cheese day" in which all usd will require to be converted to the new us currency (whatever that might be, maybe it is the amero, or schiest dollar, or whatever) .. all bank accounts will auto-convert to the new currency during the after banks close on friday for bank holiday .. during the conversion about 70% of wealth over 100k will be bailed-in to the banks .. for some it will be a double hit .. stock market will be wiped out during the reset because they will have to pop that bubble to reset stock market for new currency that has lesser purchasing power ..
those who have metals will then see their stashes multiply during the reset. it appears silver will likely out perform gold during the reset. i speculate this due to JP Morgan Chase Bank stockpiling silver. i believe the speculation that silver will reach $100+ is conservative. i think one oz of silver will increase to $1000+ (complete speculation) in the new currency and bitcoins or other crypto-currencies..
bitcoin is probably NOT going to be the local US currency unless it resets at like 1M per bitcoin before they roll everyone into it. they need people to 'miss the boat' with bitcoin so that most people will only ever see fractions of bitcoin and never a full bitcoin in their lifetimes... of course they cannot do that today due to the bandwidth issues .....it appears as though bitcoin has been designed to be an international form of currency due to their wishes to install "blockchain blacklists" ..... i think they require a new currency that will be heavily devalued, which i am not sure bitcoin would fit the bill here ..... they might be planning to kill bitcoin and replace w something else that already has the sanctions code built in.... . the goal of all this is to transfer/steal as much wealth as possible from americans while maintaining international power of monetary control with sanctions using the new innovative technology of blockchain.