Does the Dodd-Frank Act Contribute to Legalizing Banks’ Confiscation of Funds?

Hurricane Helene’s devastation of the western North Carolina region was catastrophic. There are many lessons to be learned, and many warnings to heed.

One lesson is that prepping is not something only crazy conspiracy theorists do because they fear some Mad Max apocalyptic dystopian future. It is something sensible people do because sometimes it rains. The people getting along best in the mountains right now had generators on hand, a way to filter water and make it drinkable. They had batteries, flashlights, shelf stable food supplies and gas-powered cooking equipment. It never hurts to be prepared.

We also got a new look at what modern life looks like in the face of longer term, widespread power and internet loss. To quote this Facebook user, “It gets weird fast.”

You can’t hardly open a hotel room anymore without electricity. It was a challenge to pump gas at stations that had any left, let alone pay for it. Out came the calculators and paper ledgers. It was back to the stone ages. If you didn’t have enough cash on hand for your immediate needs, you were relying on the kindness of strangers. And hurricane victims in the mountains are receiving a lot of kindness right now, but some of us hate to be put in that position. We prefer to have resources to pay our own way, as needed.

Keep these lessons in mind as the world continues to barrel towards a cashless society. More and more businesses are taking cards only for their normal daily operations. What will they do when their power grid fails someday?

And if cash disappears altogether, you’ll be glad you put aside a little gold and silver in your home safe. Should disaster strike, even many years in the future, a couple silver coins will likely still buy you a tank of gas or a few days supply of groceries. Maybe an ounce or two of gold will handsomely reward the fellow who repairs your driveway. You never know.

But it will be better to have it and not need it than need it and have nothing. And of course, bitcoin doesn’t do anyone in the mountains one bit of good right now if they have no internet and a dead phone.

Are you ready to get serious about preparing for the future? There are so many reasons to invest in physical gold and silver right now. Emergency preparedness is just one. And not even the best one. There are so many more. Call us and let us help you get started.

For thousands of years of human history, humans have naturally gravitated to gold and silver as money. Is paper losing ground?

Money is both a store of wealth and a medium of exchange. For something to be considered money, it must have certain characteristics. Scarcity, desirability, divisibility, universal recognizability and acceptance, portability, durability. Gold and silver have almost magically fulfilled those requirements in unconnected cultures in diverse times and places all throughout history. No other substance lends itself so naturally to these purposes.

Is it hubris to think that paper and digital representations of money can permanently replace what has worked for hundred of centuries? Maybe so…

Consider that since the US weaponized the dollar and shut out Russia and other nations with sanctions, that negates an important and vital characteristic of money – universal acceptability. If a significant portion of the globe is shut out of the dollar, yet they still have oil and goods and a desire to engage in global commerce, they will still do so, but will trade in something else.

Consider Russia’s recent announcement that they will use their recent oil windfalls to acquire more gold. Russia selling oil for gold in September – The Jerusalem Post (jpost.com) And not just by a little. Their purchases of gold will go from 1 billion rubles a day to 8 billion rubles a day. This is largely enabled by massive profit increases from gold sales.

What are they doing with this gold? It looks like they are using it to pay Chinese suppliers. https://vblgoldfix.substack.com/p/russian-businesses-now-using-gold The Chinese are more than happy to accept payment in gold for manufactured goods.

Gold has become a medium of exchange between Russia, the oil markets and China.

Will this trend grow? Is gold retaking its place as a global currency? That remains to be seen, but it recently reached yet another all-time high last week at $2580 an ounce.

The dollar used to capture trade deals like this. Yes, even between foreign countries that were not even interacting with the US. That universal acceptance and desirability was part of what spurred so much demand for US dollars. The dollar’s status as THE currency of international business allowed us to print so much currency with little to no inflation here at home to show for it. We exported all our inflation. In fact, dollars have been our chief export for over 5 decades, since Nixon closed the gold window in the 1970’s.

If that comes to an end, you should look at the price of gold not so much as gold going HIGHER, but the reality of the dollar going LOWER.

Are you ready to preserve your purchasing power with gold? If this trend DOES continue, this would be a power move to make right now. Call us while you can still get a good amount of precious metals for your diminishing dollars!

In today’s uncertain financial landscape, protecting and diversifying your portfolio has never been more urgent. The latest economic indicators are flashing warning signs that a downturn could be on the horizon, leaving many investors exposed to the volatility of dollar-denominated “paper” assets like stocks, bonds, and cash.

Why wait to act? Here’s what we know:

Economic Pessimism is Rising: A recent survey from the Fed shows weaker job growth and a slowing economy. More Americans are locked into jobs they may not be satisfied with because hiring is more and more stagnant. Growing pessimism among leading economists and financial experts is partly fueled by a widening trade deficit and lower productivity in the US. Sluggish growth, inflationary pressures, and other factors indicate potential market corrections could be on the horizon.
Market Volatility is Increasing: Today’s markets anticipate and then react to more and more bad news. Uncertainty surrounding Federal Reserve policies, rising debt levels, and geopolitical tensions is leading to greater instability in global markets, with many pointing to an almost inevitable downturn.
Inflation is Eroding Wealth: As inflation persists, the purchasing power of your dollar-denominated assets is diminishing, putting your financial future at risk. In spite of optimistic economic indicators from the ivory towers, Americans are still grasping at pennies when shopping for basic necessities.

What can you do to safeguard your wealth?

It’s time to consider moving a portion of your portfolio out of “paper” assets and into hard assets like gold and silver. Precious metals have been a trusted store of value for centuries, acting as a hedge against inflation, economic uncertainty, and market volatility.

Here’s why you should act now:

Diversify Your Portfolio: Gold and silver can reduce your exposure to dollar depreciation and market downturns, offering greater stability in times of crisis.
Inflation Hedge: Historically, precious metals retain their value and even appreciate during inflationary periods, protecting your purchasing power.
Global Demand is Increasing: As more investors flock to safe-haven assets, demand for gold and silver is surging. Acting now ensures you lock in today’s prices before they rise further.

Your Next Steps
Don’t wait for the markets to dictate your financial future. Protect yourself by diversifying into gold and silver now.