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Topic: You are not prepared what's coming quick analytics exacly of situation (Read 258 times)

hero member
Activity: 2968
Merit: 670
www.Crypto.Games: Multiple coins, multiple games
We buy Gold because we have a reason. It's mainly because we want to earn a profit later on because like Bitcoin, Gold's value is also rising due to scarcity. We don't know if WW3 is really coming so we continue to buy more Gold but if it's already confirmed then it would be better to sell off our Gold and invest on easy to carry and safe assets when it comes to wars. That would be cryptocurrencies. Don't worry because stocking of basic necessities are already in our minds.

This is of course more important than anything else because if we will die, our investments will still be useless. The governments are also going to provide a help for those who don't have the ability to buy goods.
I do agree that gold and bitcoin has a similarity in that sense, bitcoin and fiat has a similarity in the sense that we spend them as well and we do not spend gold. So, when you think about it, bitcoin has the best of both worlds, spend like fiat, save like gold and you have it digitally which is much easier to get considering the other two as well.

I believe that we are going to see bitcoin grow up exactly because of this reason, because people will keep on spending it, and will end up at the hands of people who want to save it eventually, leaving less and less bitcoin available in the market so people will have to spend more to get it and the demand will go way beyond the supply so in order to balance it we will go up in price without a doubt.
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
Ah, you're envisioning an economic cataclysm like some kind of 21st-century prophet! You've stitched together elements straight out of a summer blockbuster - stashing gold, financial freefalls, imminent conflicts. It's like you're directing 'Game of Thrones,' only with economic theorists instead of Westerosi nobles!

How about we take a chill pill, though? The move by big guns to stockpile gold doesn't automatically scream 'apocalypse incoming.' Gold has always been a reliable buddy in shaky economic times; maybe they're just playing safe, you know? Granted, if the Fed slashes rates again, we could be looking at inflation on the rise, but let's not go zero to hundred into hyperinflation territory. And the whole fiat currencies losing all their value? Mate, you're plotting an economic endgame scenario there!

And World War 3? I mean, c'mon! Yes, past wars have shaken up the gold market, but connecting a Fed rate adjustment to a global conflict is like expecting a sharknado because you spotted a goldfish in your toilet bowl! As for Russia, trade deficits, and embargoes, you're not totally off the mark, but let's not forget that economics isn't all black and white. There's always more stirring beneath the surface than meets the eye.
legendary
Activity: 2422
Merit: 1232
Leading Crypto Sports Betting & Casino Platform
Quote
And off course i don't like it you dont like it ww3 is about to break out any time soon
If World War 3 is about to start then what's the point of buying gold? We all should buy food, water and other necessary stuff in order to survive. We can't eat gold, when there's a food shortage. Grin Yes, you could use gold to buy food, but what's the point for the food sellers to acquire more gold? World War 3 would be most likely a thermonuclear war and the human civilization would be wiped out of the face of the Earth. There's no point of hoarding precious metals like gold.
And no, I don't believe that there will be hyperinflation in the USA anytime soon.
You are basically shit-posting in order to boost your post count.
We buy Gold because we have a reason. It's mainly because we want to earn a profit later on because like Bitcoin, Gold's value is also rising due to scarcity. We don't know if WW3 is really coming so we continue to buy more Gold but if it's already confirmed then it would be better to sell off our Gold and invest on easy to carry and safe assets when it comes to wars. That would be cryptocurrencies. Don't worry because stocking of basic necessities are already in our minds.

This is of course more important than anything else because if we will die, our investments will still be useless. The governments are also going to provide a help for those who don't have the ability to buy goods.
I agree. It is quite of a gamble to those who would purchase gold even if a war is being anticipated. What contributes to the increase with gold's price is the resources to mine it, which keeps harder and harder as years are passing hy simply because it has been mined for years consistently, and that it has a several usage. They know for sure the risk of not being able to make use of it and tendency to regret just buying essentials if a war happens. Even governments would have nothing to do once a wide war emerge. They might be paying their benefit of the doubt, that things will recover eventually.
legendary
Activity: 2086
Merit: 1058
Quote
And off course i don't like it you dont like it ww3 is about to break out any time soon
If World War 3 is about to start then what's the point of buying gold? We all should buy food, water and other necessary stuff in order to survive. We can't eat gold, when there's a food shortage. Grin Yes, you could use gold to buy food, but what's the point for the food sellers to acquire more gold? World War 3 would be most likely a thermonuclear war and the human civilization would be wiped out of the face of the Earth. There's no point of hoarding precious metals like gold.
And no, I don't believe that there will be hyperinflation in the USA anytime soon.
You are basically shit-posting in order to boost your post count.
We buy Gold because we have a reason. It's mainly because we want to earn a profit later on because like Bitcoin, Gold's value is also rising due to scarcity. We don't know if WW3 is really coming so we continue to buy more Gold but if it's already confirmed then it would be better to sell off our Gold and invest on easy to carry and safe assets when it comes to wars. That would be cryptocurrencies. Don't worry because stocking of basic necessities are already in our minds.

This is of course more important than anything else because if we will die, our investments will still be useless. The governments are also going to provide a help for those who don't have the ability to buy goods.
member
Activity: 1232
Merit: 12
Economic situations that are difficult to guess and usually more difficult to make us have to prepare from now on, preparation from the beginning by spreading a lot of money for investment is the right choice so that our future is not disturbed if bad things happen for example inflation that increases significantly.
hero member
Activity: 2604
Merit: 816
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We do not know when world war three will start but let's hope it won't be anytime soon. And if many people buy gold, it may be the best for them. But I'm sure other people won't think like that because they already have plans and will still survive.

We must be able to adapt to circumstances that will occur and that is why many people are still trying to be able to carry out their plans. Whether they will continue to buy gold, silver, bitcoin or something else, we must be able to prepare ourselves for whatever will happen to survive well.

And we don't need to worry too much about what will happen and it's better to focus on ourselves to prepare everything before it's too late. Just let the people in the government think about it and as the people, we can only try and survive.
hero member
Activity: 2240
Merit: 579
Leading Crypto Sports Betting & Casino Platform
Honestly speaking, the state of the u.s right now is a bit lopsided, to be honest. Because the country of America is already deeply in debt in the amount of 31T$ do you think this country can recover?

On the contrary, do you see them weakening? Even if their debt will grow even more in the future, these are just numbers they give, and they can delete or add whenever they want. They hold the money printing machine, how can they default?

Especially now that they don't even have a gold backup for their dollar currency. Then they defaulted and what they did could lead to a recession, something that most people don't want to happen. But I don't think we will end up in ww3.

It was they who proposed to remove the gold-pegged currency, so they did not need to reserve enough gold to back up the USD. But as far as I know, the US is also the country with the largest gold reserves in the world. I don't like America and what they do, especially their dirty political battlefield, but to say they will default is very unlikely.
hero member
Activity: 2968
Merit: 913
Quote
And off course i don't like it you dont like it ww3 is about to break out any time soon

If World War 3 is about to start then what's the point of buying gold? We all should buy food, water and other necessary stuff in order to survive. We can't eat gold, when there's a food shortage. Grin Yes, you could use gold to buy food, but what's the point for the food sellers to acquire more gold? World War 3 would be most likely a thermonuclear war and the human civilization would be wiped out of the face of the Earth. There's no point of hoarding precious metals like gold.
And no, I don't believe that there will be hyperinflation in the USA anytime soon.
You are basically shit-posting in order to boost your post count.
legendary
Activity: 2772
Merit: 1514
Your post reads like every doomsday prepper over the last two decades promising that the time has come. Maybe some facts and objective metrics would be in line instead of the economic hysteria. Are you privy to information the rest of us don't have?

Russia can keep longer....but the problem is trade defecite and trading embargoso Even after 2 years russia will run out of money and usa.
After 2 years world will run out of the money and war can not last long so the both sides west and the east must stop the war If they run out the financial resources.

You think countries sitting on many billions of dollars in natural resources will run out of money in two years. Maybe in your own head, not in reality.
sr. member
Activity: 406
Merit: 443
If buying gold was the right choice made by the rich during the past months, this does not mean that it is the ideal solution for the coming months. When you look at the economy today, you will find that the rate of interest rate hikes will slow down, and economies have begun to adapt to the conditions of war. There are no electoral campaigns this year, and therefore countries will be less strict in their policies, not to mention the oil and energy prices that will start to decline, all of which may make the dollar stronger, and we know the inverse relationship. between the dollar and gold.

This will require countries to start moving to accelerate production instead of saving money and drying up liquidity.
sr. member
Activity: 1526
Merit: 255
Current changes are easy and fast to happen, the presence of technology and the internet seems to change many things, now many malls and supermarkets are quiet and abandoned because people prefer to shop in online applications, as business people we must be able to take advantage of these opportunities from sales to sending packages to consumers .
legendary
Activity: 3542
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
This isn't even the most logical thing I read today, let alone in general. This is as obvious as it gets and everyone is aware of it. Why do you think that we are accumulating bitcoin so much? We know that economy can't handle the current situation, and do you know when will be the next debt ceiling increase USA will have? 2025, exactly one year after the halving.

So all in all we are all aware that a huge increase in bitcoin price coming because a huge decrease in value of fiat coming along with it. Russia doing worse everyday due to the war, China doing worse due to huge amount of bankruptcies and real estate issues, USA doing worse because of debt problems, UK doing worse because of brexit, and many other reasons. So in 2 years all the nations will crumble again, not as much as 2020-2022 period I assume but they will and we will have a bigger increase.
jr. member
Activity: 87
Merit: 4
You are not prepared becouse you are not interested economics and how the world works generally speaking how the system works.
In lately there been a lot gold buying transactions (otc) to avoid having the bullish influence over the gold price.
The biggest guys and girls don't make moves for fun...they know what's coming.
They bought big loads of gold becouse they know fed will cut rates one more time debt ceiling will be lifted and hyperinflation will be rampant we gona see the days when fiat currencies are close to or allmost near by 100% devaluation.
And off course i don't like it you dont like it ww3 is about to break out any time soon right after last fed 25 basis point hike.
Becouse before the war the big boys and girls the elite will always buy the gold you will know that by looking what they Actually doing it.
However USA russia ukraine NATO have only short time period left to know whos winner in this war becouse fed can only keep rates low 2-3 years not longer.
Russia can keep longer....but the problem is trade defecite and trading embargoso Even after 2 years russia will run out of money and usa.
After 2 years world will run out of the money and war can not last long so the both sides west and the east must stop the war If they run out the financial resources.

Becouse all of this i have Made my future life plan


You sound crazy, like many gold nuts who have come and go before you. You have no plan except hope, which is a major weakness. Unlike what you say, the stock market has been the best performing asset over the longest time frame. Gold might look good right now, because everyone flocks into these assets and cause a bubble, which inevitably bursts. If a peace plan was reached between Ukraine and Russia tomorrow, you would start to see these "safe haven" commodities crumble in price. It also overlooks the fact that if you buy into stocks instead, companies pay out - either through reinvestment or dividend payments, every year while the best companies just keep on growing their profits too.


I agree with you. You should be teaching here economics you talking correct.
Yes it's true Im not gold fan...but in times of hyperinflation it's good to make profit.
Since war Will last long max 2 years so that's the time we see the short time bull run for gold and off course crash of gold commodities prices.
legendary
Activity: 2688
Merit: 1192
You are not prepared becouse you are not interested economics and how the world works generally speaking how the system works.
In lately there been a lot gold buying transactions (otc) to avoid having the bullish influence over the gold price.
The biggest guys and girls don't make moves for fun...they know what's coming.
They bought big loads of gold becouse they know fed will cut rates one more time debt ceiling will be lifted and hyperinflation will be rampant we gona see the days when fiat currencies are close to or allmost near by 100% devaluation.
And off course i don't like it you dont like it ww3 is about to break out any time soon right after last fed 25 basis point hike.
Becouse before the war the big boys and girls the elite will always buy the gold you will know that by looking what they Actually doing it.
However USA russia ukraine NATO have only short time period left to know whos winner in this war becouse fed can only keep rates low 2-3 years not longer.
Russia can keep longer....but the problem is trade defecite and trading embargoso Even after 2 years russia will run out of money and usa.
After 2 years world will run out of the money and war can not last long so the both sides west and the east must stop the war If they run out the financial resources.

Becouse all of this i have Made my future life plan


You sound crazy, like many gold nuts who have come and go before you. You have no plan except hope, which is a major weakness. Unlike what you say, the stock market has been the best performing asset over the longest time frame. Gold might look good right now, because everyone flocks into these assets and cause a bubble, which inevitably bursts. If a peace plan was reached between Ukraine and Russia tomorrow, you would start to see these "safe haven" commodities crumble in price. It also overlooks the fact that if you buy into stocks instead, companies pay out - either through reinvestment or dividend payments, every year while the best companies just keep on growing their profits too.
legendary
Activity: 1806
Merit: 1159
That money has to go somewhere. If the West and the East loses their money in wars and other economic moves to disadvantage the other, that money they expend will be going towards those who produces the gears of these wars. No one will really lose that money in the long run, it will just be redistributed, and with it comes a power that these two huge entities are holding on for the longest of time.

I think by now, many people know that a recession is coming, but not sure when. We have had scenarios before that are even more grave than what we have right now, but still that didn’t lead to anything significantly bad.

I agree with you.  The law of conservation of energy applies in the world. It also applies to finance-if someone loses money, someone gains it. There is simply a redistribution of funds. For ordinary people hunger and war are bad, but for capitalists it's an opportunity to make additional profits. Unfortunately, the world is a very cruel place.
full member
Activity: 882
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I cannot comment on global political and economic events, nor can I provide specific investment advice. I emphasize the point that investing is a complex and risky process, requiring careful analysis and understanding of the factors affecting the market. In your life, you need to have a sustainable financial plan that is suitable for your needs and abilities. If you feel uncertain about specific investment decisions, it is best to stop doing this, learn and experience more things until you are confident enough without depending on anyone.
hero member
Activity: 2478
Merit: 621
Leading Crypto Sports Betting & Casino Platform
Honestly speaking, the state of the u.s right now is a bit lopsided, to be honest. Because the country of America is already deeply in debt in the amount of 31T$ do you think this country can recover?


Despite the debt that the US government has incurred, it doesn't stop them from executing whatever project they want to do including wars. While in Pakistan they were in debts, while going after all the terrorists wars they have also been in debts notwithstanding all the humanitarian aids they deliver to other countries of the world. In fact debts have been known with US government since it was created, it is the highest indebted country of the world. From what I gathered from my research , it only cleared her debt during President Andrew Jackson in 1835-1836.
Especially now that they don't even have a gold backup for their dollar currency. Then they defaulted and what they did could lead to a recession, something that most people don't want to happen. But I don't think we will end up in ww3.

No body wants ww3 because it is going to be disastrous for all Nations and US have been careful handling the other countries like China, North Korea including the NATO influence in Russia. But I don't think US is anywhere near recession for now, apart from printing more notes, they can sell bonds or treasury bills to help their economy.


legendary
Activity: 3542
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That money has to go somewhere. If the West and the East loses their money in wars and other economic moves to disadvantage the other, that money they expend will be going towards those who produces the gears of these wars. No one will really lose that money in the long run, it will just be redistributed, and with it comes a power that these two huge entities are holding on for the longest of time.

I think by now, many people know that a recession is coming, but not sure when. We have had scenarios before that are even more grave than what we have right now, but still that didn’t lead to anything significantly bad.
legendary
Activity: 1582
Merit: 1284
It is true that the Federal Reserve was harsh to curb inflation, but all the moves it made were expected, or at least it was too transparent, and therefore the markets were anticipating the outcome of the meeting before it happened, and therefore it built its plans to confront inflation accordingly.
all countries that buy gold do not buy gold to fight inflation, but rather to diversify their economy so that they have the preference to buy more dollars, or at least to strengthen their local currency.

The citizen does not have many options to fight inflation, at least the citizen who spends in the local currency, but he can and by using some tools and learning more from the economy to be in a better economic situation.
hero member
Activity: 854
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However USA russia ukraine NATO have only short time period left to know whos winner in this war becouse fed can only keep rates low 2-3 years not longer.

Even of the world war II has an end, Afghanistan war got to an end, then what is the Russian Ukraine war that will not end anytime soon, my own fear is the casualties of innocent people from the both sides dying like chickens, the other aspect being affected is the economy distortion of the two countries and the threat Russia has against it relationship with it's allies by NATO and US, but i believe nevertheless that everything will come down to normal soon.




sr. member
Activity: 658
Merit: 384
Honestly speaking, the state of the u.s right now is a bit lopsided, to be honest. Because the country of America is already deeply in debt in the amount of 31T$ do you think this country can recover?

Especially now that they don't even have a gold backup for their dollar currency. Then they defaulted and what they did could lead to a recession, something that most people don't want to happen. But I don't think we will end up in ww3.
Do you know how things could get easier for them if they venture into crypto? Instead of them hating on crypto, they should use crypto to their advantage, this is where money is going when inflation strikes hard and once they start printing those dollars again crypto benefits, why are they hating something that can lessen their economic problem? Must they be in control of everything? Bitcoin is the saviour they aren't ready to embrace and they will start in this dooming spot for longer which will worsen their situation.

hero member
Activity: 1358
Merit: 538
paper money is going away
We have been hearing about this doom and gloom and nasty recession for almost 2 years now. However aside from housing which slightly corrected nothing has happened which was bad.

Employment is very strong
Inflation seems to be contained
The bank failures has stopped
Etc

Sure all indicators are pointing to a recession. However if everyone thinks there will be a recession, then will there be one? Usually a recession is quick and by surprise.
I'm sure many folks have already taken precautions in case a recession actually occurs. There's nothing wrong with being prepared because recessions can catch people off guard, and those without preparations can crumble like dust.

But as of now, news and discussions about a recession are fading away. The recovery since COVID has been faster than the public's panic about a recession (in my country). What I can do for now is build an emergency fund to feel more secure, whether a recession happens or not.
legendary
Activity: 3738
Merit: 1708
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We have been hearing about this doom and gloom and nasty recession for almost 2 years now. However aside from housing which slightly corrected nothing has happened which was bad.

Employment is very strong
Inflation seems to be contained
The bank failures has stopped
Etc

Sure all indicators are pointing to a recession. However if everyone thinks there will be a recession, then will there be one? Usually a recession is quick and by surprise.
hero member
Activity: 1120
Merit: 504
If we look at big moves of those like BLACKROCK...then we can see what's the future ,follow the Money and follow their actions.
Off course now days it's easy becouse internet give us a lot info what we need.
BLACKROCK like what do you mean by this? Because even though there is already an internet network in all corners of the world, it doesn't mean it can be very easy to see the future because it is a very difficult thing to see clearly even though some people keep making predictions about the future. All the information that is on the internet is also made by humans, basically they cannot surpass their god, so I think there is no need to say about who can see the future or times that have not happened at this time.
legendary
Activity: 1414
Merit: 1108
Becouse all of this i have Made my future life plan
Sorry but, haven't read at least 2 of your posts today, I couldn't help but notice your continual spelling of the word "Because" as "Becouse" or isn't that the intended. At first I thought it was probably your keypad not making the alphabet but, that seem not to be the case as, the alphabet "A" has been produced severally in your piece. Perhaps some auto correct shit but, you could look into it. Like, I've attached that to you already.

You have a point in your observations of the big guys having to transfer some of there wealth to dump in gold. Can't say I've made same observations but, its got to mean something like you've anticipated. Although, I don't think gold is the best store of wealth or valued commodity out there. As a crypto enthusiast, I'll go for the asset which remains far above centralized systems and that is bitcoin, perhaps I'll diversify with gold but, chiefly bitcoin.
jr. member
Activity: 87
Merit: 4

The biggest guys and girls don't make moves for fun...they know what's coming.
They bought big loads of gold becouse they know fed will cut rates one more time debt ceiling will be lifted and hyperinflation will be rampant we gona see the days when fiat currencies are close to or allmost near by 100% devaluation.
And off course i don't like it you dont like it ww3 is about to break out any time soon right after last fed 25 basis point hike.
Becouse before the war the big boys and girls the elite will always buy the gold you will know that by looking what they Actually doing it.
However USA russia ukraine NATO have only short time period left to know whos winner in this war becouse fed can only keep rates low 2-3 years not longer.
Russia can keep longer....but the problem is trade defecite and trading embargoso Even after 2 years russia will run out of money and usa.
After 2 years world will run out of the money and war can not last long so the both sides west and the east must stop the war If they run out the financial resources.

Becouse all of this i have Made my future life plan

A devaluation of almost all the most valued currency of the world is another advantage to the value of bitcoin and not just gold alone, and so for those f us who can't afford to buy some gold and hold, bitcoin is the new and affordable gold, a gold you can always DCA whenever you're able to.

In the case of world war 3, if there should be any then that's a roadmap to the end of the world cause it's going to be one most destructive like never before if not an extinction of 95% of earth life, and that is why international organisations and world leaders are doing all they can to avoid a ww3. In the very words of Albert Einstein "I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones".

He Einstein was referring to the kind of scientific technological weapons development that exists in the possession of nation's today and the deadly impact of those weapons in the event of a ww3. Hence, if there should be a ww3 then our gold's and cryptos would be of no use.


If we look at big moves of those like BLACKROCK...then we can see what's the future ,follow the Money and follow their actions.
Off course now days it's easy becouse internet give us a lot info what we need.
hero member
Activity: 742
Merit: 529

The biggest guys and girls don't make moves for fun...they know what's coming.
They bought big loads of gold becouse they know fed will cut rates one more time debt ceiling will be lifted and hyperinflation will be rampant we gona see the days when fiat currencies are close to or allmost near by 100% devaluation.
And off course i don't like it you dont like it ww3 is about to break out any time soon right after last fed 25 basis point hike.
Becouse before the war the big boys and girls the elite will always buy the gold you will know that by looking what they Actually doing it.
However USA russia ukraine NATO have only short time period left to know whos winner in this war becouse fed can only keep rates low 2-3 years not longer.
Russia can keep longer....but the problem is trade defecite and trading embargoso Even after 2 years russia will run out of money and usa.
After 2 years world will run out of the money and war can not last long so the both sides west and the east must stop the war If they run out the financial resources.

Becouse all of this i have Made my future life plan

A devaluation of almost all the most valued currency of the world is another advantage to the value of bitcoin and not just gold alone, and so for those f us who can't afford to buy some gold and hold, bitcoin is the new and affordable gold, a gold you can always DCA whenever you're able to.

In the case of world war 3, if there should be any then that's a roadmap to the end of the world cause it's going to be one most destructive like never before if not an extinction of 95% of earth life, and that is why international organisations and world leaders are doing all they can to avoid a ww3. In the very words of Albert Einstein "I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones".

He Einstein was referring to the kind of scientific technological weapons development that exists in the possession of nation's today and the deadly impact of those weapons in the event of a ww3. Hence, if there should be a ww3 then our gold's and cryptos would be of no use.
hero member
Activity: 532
Merit: 508
Leading Crypto Sports Betting & Casino Platform
Haha, there is this country I know; the country is living in big debt because of the office of the formal president, even before the newly elected president. Like, the debt is really huge, and there is only one means that their government has been using to repay loans but has not been able to keep up In the past few years, they have accumulated a lot of debt and I wonder if there is a crisis in the country's currency, the value of their money will really not be worth anything because even the level of inflation in that country is so high. So, I think that even in that country and other countries, many people are already aware of what is happening to the economic system and know that it might even get worse, but the question is, what is the government doing to help the situation? I believe if it happens, there's no one who wouldn't be affected. Even those government officials in charge.
legendary
Activity: 966
Merit: 1042
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Most of the observations and feedback are related to the US debt and default I think there is nothing wrong in declaring yourself default because rather than increasing the debt limit call for default it can be a new start also Russia has defaulted and is still very standing strong against it. But, the point to notice here is Russia recovered because it has Natural resources and fertile land I am not sure about the geography of America can they depend on their slaves to rely on natural resources such as agriculture or Minerals the answers seem No very clear. America is an industrial country and this is where they can generate future resources for them.

One more thing people think WW3 is on the way haha I think we are living in WW3 and moreover, we are at the end of the Initial phase next to it it's gonna be more and more critical. Results are clear it will be the Rebirth of Manking after this era.
legendary
Activity: 1680
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#SWGT CERTIK Audited
If the Third World War breaks out, it will be a devastating nuclear one that could lead to the complete destruction of human civilization, and thus the infrastructure, especially electricity and the Internet, will be destroyed.

In the event of such a scenario, the cryptocurrencies will be worthless because you will not be able to access your wallet or the blockchain as a result of the power outage and the Internet, and the servers that store all this data may be destroyed.

In such a worst case scenario the best thing would be to stock up on gold and precious metals as they hold their value constantly.
legendary
Activity: 3458
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Leading Crypto Sports Betting & Casino Platform
Gold and Silver will always be a safe bet, so you have to hold some physical Gold and Silver in your financial portfolio as a safe haven. I believe that we will see a escalation in the military situation between North Korea and the West, because they are poking at the beast... and I do not know how long that will be tolerated. (One misguided long-range missile will start a global war)

China are also itching to enter into military action, because they have been preparing for that for years now. I doubt if a hoarding of Bitcoin or any other Crypto currency will be the safest investment in a time of war.  Roll Eyes
hero member
Activity: 2870
Merit: 612
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Can you tell us your future life plan because right now, I still have no slight idea what I should do also. I was also looking into having a plan but this always depend on what happen in the future and what my government will do and what crypto currency prices do.

If my country will also have recession, sure thing I will sell properties and will likely move to my parents. Family comes first, none of us would want to be alone in this war time.
jr. member
Activity: 87
Merit: 4
Honestly speaking, the state of the u.s right now is a bit lopsided, to be honest. Because the country of America is already deeply in debt in the amount of 31T$ do you think this country can recover?

Especially now that they don't even have a gold backup for their dollar currency. Then they defaulted and what they did could lead to a recession, something that most people don't want to happen. But I don't think we will end up in ww3.


Then everything Will be transfered into blockchain and new financial circle start again you need crypto to buy food ..so what you do ?
You borrow with % crypto from those who have crypto.
You need USD? Well you borrow the USD Stablecoins off course you get with lower % If you borrow with collateral with BTC.
No wonder why TETHER USDT recently started using BTC to backing up valuation of currency.
The future look like the USDC and USDT will share the Market and role of reserve currency status.

sr. member
Activity: 1666
Merit: 453
Honestly speaking, the state of the u.s right now is a bit lopsided, to be honest. Because the country of America is already deeply in debt in the amount of 31T$ do you think this country can recover?

Especially now that they don't even have a gold backup for their dollar currency. Then they defaulted and what they did could lead to a recession, something that most people don't want to happen. But I don't think we will end up in ww3.
jr. member
Activity: 87
Merit: 4
You are not prepared becouse you are not interested economics and how the world works generally speaking how the system works.
In lately there been a lot gold buying transactions (otc) to avoid having the bullish influence over the gold price.
The biggest guys and girls don't make moves for fun...they know what's coming.
They bought big loads of gold becouse they know fed will cut rates one more time debt ceiling will be lifted and hyperinflation will be rampant we gona see the days when fiat currencies are close to or allmost near by 100% devaluation.
And off course i don't like it you dont like it ww3 is about to break out any time soon right after last fed 25 basis point hike.
Becouse before the war the big boys and girls the elite will always buy the gold you will know that by looking what they Actually doing it.
However USA russia ukraine NATO have only short time period left to know whos winner in this war becouse fed can only keep rates low 2-3 years not longer.
Russia can keep longer....but the problem is trade defecite and trading embargoso Even after 2 years russia will run out of money and usa.
After 2 years world will run out of the money and war can not last long so the both sides west and the east must stop the war If they run out the financial resources.

Becouse all of this i have Made my future life plan
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