Commodity Trade Mantra

Posts Tagged ‘Physical Cash’

Own Physical Gold, Not ETFs on Account of Looming "Wealth Tax"

We’re getting to the point where people are going to be able to see the picture & at that point gold is the answer. It’s not just an asset anymore it’s the answer to a lot of questions. When that happens, the most important stage of this completes itself & that is the resolution between the paper price & the physical asset. Then people wiuld want to own gold, ETF’s won’t suffice anymore.

The War On Cash: Why Now? What Does It Mean?

A war on cash means, governments are limiting the use of cash & a variety of official-mouthpiece economists are calling for the outright abolition of cash. Authorities are restricting the amount of cash that can be withdrawn from banks & limiting what can be purchased with cash. Who ultimately benefits by this war on cash? Government & central banks – pure and simple.

Hold “Physical Cash, Gold and Silver” To Protect Against Systemic Risk – Fidelity

Ian Spreadbury, who oversees the investment of over £4 billion of clients’ money in bond markets for Fidelity, said, “Systemic risk is in the system and as an investor you have to be aware of that.” To deal with these risks Spreadbury advocates a well-diversified portfolio. Cash should be spread out in different banks & that investors hold gold and silver.

The War On Cash: Officially Sanctioned Theft

Why are governments suddenly declaring war on cash, the oldest officially issued form of money? Governments say – Physical cash has the potential to evade both taxes. The real Reason: Physical cash can evade officially sanctioned theft via bail-ins and negative interest rates. In short, physical cash is extremely difficult for governments to steal.

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