Be warned! Smart Money Now exiting Real Estate - Beginning of the End

[mamboni]

Starting at 10:35
"...and that's what happened in Weimar Germany and all the other places by the way. I've put it out there many times, the stock market in Germany went up huge, but the cost of living went up much more, and the price of gold and silver went up much much more...."

Katmandu comments: I have heard in multiple places around the net people saying things such as, "So what if the POG goes up to $[insert big number here] per ounce? That just means that a loaf of bread will be $[insert big number here]," or something like, "an ounce of gold has always been able to purchase one man's high quality suit".

I think there is surely a measure of truth to that, but in contrast I have always believed that a dramatic rise in the POG will supercede a corresponding rise in the price of goods. Whether it proceeds it by a few months or a few years is TBD. But what that means is that there will be a period where gold owners will be able to cash out some of their gold to purchase an extraordinary amount of goods. The video above is also alluding to this at the 10:35 mark. That point in time will be an opportune time to strategically beef up one's preps and other items. I know that several of us here at GSUS are also waiting for that opportune moment to purchase land/retreats, etc. Let's just hope that when that opportune time happens, that the shit has only partially hit the fan such that safe travel and other basic functions in life are still relatively easy to do.

The most extreme gold-as-wealth-vessel predicts that when the system is reset to collateralize all of the fiat money, insurances, equities and derivatives that gold will be priced north of $130,000 per ounces. That said, holding physical gold during these days of bankrupt governments financing deficits with money printing and banks discussing bailins and paying zero interest on deposits has to be the most blatantly obvious no brainer of all time.