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.
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!
Not rich enough? Silver is less than $25 per oz, or around $25-$30 each for many of the most well-respected s1oz silver coins. Personally, even grabbing a couple of those a month is a wise investment for me.
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!
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
In Europe, I personally use Gold Avenue. Based in Switzerland, backed by PAMP (one of the biggest gold miners on Earth), their commission is relatively low, they carry all the major coins/bars you'd generally want, and they ship all over Europe. The only thing to keep in mind that I personally do myself, is that in Europe, silver purchases have VAT added to them, whereas gold doesn't (generally). So if you're buying silver, there will be VAT added if you're getting it shipped to you. However, I personally store some of my silver with them in their vaulted storage, as if you buy bars and store it there, you won't be charged VAT on the purchases; the VAT-free silver is clearly marked on GA's store as well. Hope this helps!
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 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.
So interesting! Thank you Abundantians.
Thanks for reading.
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!
Not rich enough? Silver is less than $25 per oz, or around $25-$30 each for many of the most well-respected s1oz silver coins. Personally, even grabbing a couple of those a month is a wise investment for me.
Otherwise, thanks for reading!
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!
Thanks for reading!
Hey Leon,
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
Where in the world are you located? That generally depends on who I personally would use in certain regions.
Hey Leon, I live in Germany. Thanks for the fast answer:-)
In Europe, I personally use Gold Avenue. Based in Switzerland, backed by PAMP (one of the biggest gold miners on Earth), their commission is relatively low, they carry all the major coins/bars you'd generally want, and they ship all over Europe. The only thing to keep in mind that I personally do myself, is that in Europe, silver purchases have VAT added to them, whereas gold doesn't (generally). So if you're buying silver, there will be VAT added if you're getting it shipped to you. However, I personally store some of my silver with them in their vaulted storage, as if you buy bars and store it there, you won't be charged VAT on the purchases; the VAT-free silver is clearly marked on GA's store as well. Hope this helps!
Thank you, mate. Appreciate it!!
Pleasure.
You may want to consider silver coins. They are typically 70% and the common ones go for close to spot prices.
Do you have experience with siver?
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 !!
"Lead that can be easily accelerated". I love that.
Interesting, I never thought about how digitalising our payment methods may make us more controllable by the government.
Would be investing in stocks also a break-free or the opposite?
Gold Avenue in Switzerland for buying gold sounds reliable, I want to inform myself about that.
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.