Good time to buy gold&silver?

The global financial crisis will eventually happen and it's better to be prepared. I'm usually explain all my close friends the signs I see in the economy and very fundamental things that lead to a failure (eg. Ukrainian currency in 2014). Now it's time to say it to all of you, because it could be the last chance and the last few years before the disaster. I'll keep it very short, because I don't really like to type...



If you want to protect your savings, I think now may be the last good opportunity to do so. There are several reasons for this, which I can explain very briefly later.

For now, here are a few important points to keep in mind (guidelines):

  • Silver may be a better buy than gold, as it has more potential to increase in value (based on the silver-to-gold ratio). That said, gold is also a solid option.
  • Think long term, it's a multi-year game, you never know exact moment
  • If you decide to buy precious metals, it’s better to buy more than just a single ounce. Only do this if you have extra money - don’t spend your last cash on it.
  • Keep any silver or gold you buy accesible to you, not stored in a bank, not some financial instruments (unless you want to speculate short term, but I don't recommend this for majority).
  • If you don’t want to buy precious metals, at least consider holding your savings in a strong currency such as the Swiss franc. Avoid the US dollar and the euro, and never keep savings in local currencies (like the zloty, hryvnia, or krone).

Why's

There are many reasons why a currency can lose its value. To really understand them, you need some knowledge of how the global financial system works and how the modern world operates. There is a lot of confusing and conflicting information online - some of it true, some of it not - so I won’t try to explain everything here.

Instead, I want to quickly alert you to a few key ideas:

  • Much of the world is influenced or controlled by a small number of powerful people, while others follow their lead. Information, media, public reactions, and even public opinion can be manipulated or disrupted.
  • Many "values" today exist only on paper or virtually. By controlling information, it’s possible to shape what people believe, especially when they don’t have direct access to the facts. This is a very fragile system
  • You may not be able to change how this system works, but you can observe it and anticipate broader global trends.
  • Much of the world is living on "future money" (debt), and eventually this approach will stop being sustainable.
  • Many governments are handling politics poorly and passing laws that could lead to serious problems in the future

This is just a short warning meant to raise awareness and give you a chance to prepare - and possibly benefit. More details will follow later.

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