The FOOLPROOF way to protect real assets from any financial collapse, currency collapse or economic apocalypse
by: Mike Adams
NaturalNews.com
Friday, December 06, 2019
The title of this article makes a strong claim. I get it. You’re skeptical, and you should be. But such a method really does exist, and it’s far simpler than you might have supposed.
The easiest way to understand what I’m about to reveal is to first get your head around the idea that anything which is dollar denominated will of course vanish when the dollar collapses. If you have a common “checking account” at your bank, that checking account is dollar denominated. The same is true for a savings account, or a pension fund, or even a whole life insurance policy.
The dollar is fiat currency, and like all fiat currencies, it will eventually collapse into worthlessness. By definition, this means that all dollar-denominated assets will also collapse at the same time. Logically, the first step to surviving such a catastrophic financial event — which is inevitable — is to trade dollars for stores of wealth that are not dollars.
What are reliable stores of wealth, then? What assets will hold value and not lose value when the dollar collapses?
It’s a fairly shortly list. Do all the research you want, but it comes down to just a few key things:
gold, silver, land and certain collectibles such as stamps, art or firearms.
Almost anything else can vanish, including corporate stocks, municipal bonds, pensions, etc.
Some people might say, “What about Bitcoin or other cryptocurrencies?” They are no more real than the digital infrastructure on which they exist. When the power grid goes down, all cryptocurrency instantly becomes worthless. Crypto has real value when the grid is working, however, and it’s great for ferreting assets out of a collapsing nation like Venezuela, but when the full wave of s##t hits the fan, you don’t want to be left holding cryptocurrency on a thumb drive when there’s no working computer in sight.
The Rest…HERE
