Survivalism & Self Sufficiency Topics > COVID-19 Coronavirus Pandemic

covid crash ?

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surfivor:

 I don't follow Glen Beck tho sometimes I listen a bit in the car on long road trips. He is calling for serious true hyperinflation and sounds alarmist

 Gerald Celente just said it's going down big time. He and Peter Schiff have been talking about how precious metals are going high

 It seems we live in uncertain times but if they keep strangling the economy and I guess they are just printing a lot of money then what happens next ? What happens after the election in November, will that change things or can it make it that far ?

iam4liberty:
It is uncharted territory.  Money is being parachuted but at the same time, the velocity of money has crashed.

https://fred.stlouisfed.org/series/M2V

This creates a crazy circumstance of big inflation in some areas and deflation in others.

FreeLancer:


Money printer go brrrrr......

surfivor:

 I am not sure if I should buy more silver soon or not. I don't need more except I am concerned about losing cash positions. If I could predict how long the covid lockdowns where going to last then it would give me a better idea. If they don't end soon then buying more silver seems like a good idea but if the lockdown ends at any time then it could crash the price of silver so I don't know

iam4liberty:

--- Quote from: surfivor on August 17, 2020, 04:23:14 PM ---If I could predict how long the covid lockdowns where going to last then it would give me a better idea.

--- End quote ---

That's easy, November 3, 2020.

https://youtu.be/vs8ba-nbQT8

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