In the city of Lunden in the year 1185, banking as we know it today was born. Prior to this time, houses of coin and money lenders had already existed for thousands of years. However, these people and institutions operated solely in the realm of the exchange of physical items of value.
So interesting! Thank you Abundantians.
Since I’m not rich enough to invest in forms of gold or silver. I’ll invest in gaining more skill sets, that way I can be useful anywhere in the world.
Leon, I always appreciate your perspective. Thank you for your insight, be well!
do you know any trustworthy source of gold and silver? I went through a few vendors and many of them charge astronomical fees and prizes. Many of them were even cheaters. All the best, Norman
Thanks again for the history-lessons from the "financial world" !!
- Silver minted coins or bullion up to 200 gr. for "daily" operations,
- Gold minted coins or bullion for "larger" transactions and long-term, generational security
but last, not least
- Lead than can be easily accelerated with bespoke instruments for general protection of loved-ones incl. pets, own grown/raised food and medicinal herbs, potable water and property ...
Have a good time with Sorelle in your secluded hideout !!
This is the best summary of the the gneiss of the banking system I've seen.
We live in interesting times for many reasons, one being the contest between precious metals, cryptocurrency, bank-issued fiat currency (CBDC being the WEF's favorite) and whatever the BRICS powerhouse comes up with.
Gold of course is favored by history; no harm in acquiring as much as we can!
This is a great part of history to learn from. The kings and church had a absolutel rule power. The templeres came out of nowhere to become a world power. There downfall was French king bowering more money than he could pay back, like todays governments. Crypto currency is not so easy to confiscate as land and gold.