Mike Adams (aka the “Health Ranger“) is a best selling author (#1 best selling science book on Amazon.com called “Food Forensics“), an environmental scientist, a patent holder for a cesium radioactive isotope elimination invention, a multiple award winner for outstanding journalism, a science news publisher and influential commentator on topics ranging from science and medicine to culture and politics.
Not only is gold up about 50% since early 2022 (in dollars), but it's also an asset that has NO counterparty risk, and can't simply vanish in a hard drive crash, and doesn't need a password to access, and is a physical element that cannot be created or destroyed by man. It also can't be (easily) tracked. Gold is MONEY. Dollars are debt. If you are holding dollars instead of gold, you are holding debt, not money. Correct your holdings or lose your assets. It's that simple.
GARD .
2024-2025 Winter.
Subject: Gold as fiat.
History shows that indigenous Americans in some regions had no use for gold, and tread over it without over much regard.
It appears to my way of thinking that gold and other precious metals have huge counterparty risks. Here are a few:
- storage and guarding demands
- difficulty in transporting
- uncertainty about local merchant acceptance
- no well known local exchange mechanisms
- mining, refining, and minting toxicity
Zoom out the historic picture to see that the value of gold and other precious metals is as arbitrary as any other fiat system.
I prefer the United States Post Office money orders as security instruments.
See you,
JB.
collaborighting.com