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    Silver

    No Paper, Just Plastic: Europe “Next Offensive in the War on Cash” to Force People on the Grid

    Shaun Bradley
    February 10th, 2017
    The Anti-Media.org
    Comments (69)
    Read by 6,798 people

    Greece-euro

    This article was written by Shaun Bradley and originally published at The Anti-Media.org.

    Editor’s Comment: Though the various governments at play prefer to emphasize how cash would cut down on crime and terrorism, they overlook the true source of funding and facilitation for those activities. The real motive is to beat back independence, and force the future comply with real-time tracking of all their activities; have only authorized vendors and points of purchase, and to monitor all behavior. Innovation, small business, household wealth and the freedom we have all enjoyed is being eroded away by the big shift away from cash.

    This is about rights of individuals, and about power for banks, governments and those who hold the keys to encryption, etc. And it clearly won’t stop with Europe, India or any other single place; this is a global agenda.

    Cash No Longer King: Europe Moves To Begin Elimination Of Paper Money

    by Shaun Bradley

    In the shadow of Donald Trump’s spree of controversial actions, the European commission has quietly launched the next offensive in the war on cash. These unelected bureaucrats have boldly asserted their intention to crack down on paper transactions across the E.U. and solidify a trend that has been gaining momentum for years.

    The financial uncertainty amplified by Brexit has incentivized governments throughout Europe to seize further control over their banking systems. France and Spain have already criminalized cash transactions above a certain limit, but now the commission has unilaterally established new regulations that will affect the entire union. The fear of physical money flowing out of the trade bloc has manifested a draconian response from the State.

    The European Action Plan doesn’t mention a specific dollar amount for restrictions, but as expected, their reasoning for the move is to thwart money laundering and the financing of terrorism. Border checks between countries have already been bolstered to help implement these new standards on hard assets. Although these end goals are plausible, there are other clear motivations for governments to target paper money that aren’t as noble.

    Negative interest rates and high inflation are a deadly combination that could further destabilize the already fragile union in the future. With less physical currency circulating, these trends ensure that the impact of any additional central bank policies will be maximized. If economic conditions deteriorate, the threat of citizens pulling cash out of their accounts and starting a bank run is eliminated in a cashless system. So long as the people’s wealth is under centralized control, funds can be shifted at will to conceal any underlying problems. But the longer this shell game is allowed to persist, the more painful it will be when reality overrides the manipulation.

    Since former Chief Economist at the International Monetary Fund (IMF), Kenneth Rogoff, published a paper last year advocating for the U.S. $100 bill to be removed, governments around the world have pushed forward their agendas towards a cashless society. He wrote:

    “There is little debate among law-enforcement agencies that paper currency, especially large notes such as the U.S. $100 bill, facilitates crime: racketeering, extortion, money laundering, drug and human trafficking, the corruption of public officials, not to mention terrorism. There are substitutes for cash—cryptocurrencies, uncut diamonds, gold coins, prepaid cards—but for many kinds of criminal transactions, cash is still king. It delivers absolute anonymity, portability, liquidity and near-universal acceptance.”

    This announcement comes just months after the 500 euro note was discontinued, and it follows India’s lead in subverting the financial independence of their citizens. The incremental steps currently being taken may look trivial in isolation, but the ultimate end is to lay the foundation for an entire network for economic repression.

    The German people have placed themselves in strong opposition to the action and previously pushed back hard against domestic legislation that would have limited cash. Nearly 80% of all transactions in Germany are made with paper currency, putting Europe’s economic engine in direct conflict with the vision coming out of Brussels.

    The spillover effect has affected new forms of investment, like Bitcoin, which witnessed an astronomical rise over the last months and has been brought back into the discussion as a viable alternative to fiat currencies. Of course, the E.U. Commission is also attempting to impose similar limitations on crypto-currencies to make sure no transactions fall outside of their domain. The ECB and BOJ are working towards a trojan horse blockchain network that will serve only to entrap those naive enough to trust it.

    Former Treasury Secretary Larry Summers wrote last year that the E.U. would likely be the trailblazer of the West towards this new digital model:

    “But a moratorium on printing new high denomination notes would make the world a better place. In terms of unilateral steps, the most important actor by far is the European Union. The €500 is almost six times as valuable as the $100. Some actors in Europe, notably the European Commission, have shown sympathy for the idea and European Central Bank chief Mario Draghi has shown interest as well.”

    Since the public’s attention has been drawn to emotional manipulations and political stunts, the threat the war on cash represents has gone unrecognized. Instead of feeding energy into systems meant to divide and conquer, individuals must educate themselves to secure their own financial futures. By submitting to the hive mind and following the media down whichever rabbit hole they choose, the most important issues of today will go unnoticed. The value of advocating for decentralized and physical alternatives to the banking system may not be easily grasped by the activists of today, but few other things have the potential to erode freedom on such a massive scale.

    This article was written by Shaun Bradley and originally published at The Anti-Media.org.

    Click here to subscribe: Join over one million monthly readers and receive breaking news, strategies, ideas and commentary.
    Gas Masks, Filters, Body Suits, Anti Radiation Pills
    Please Spread The Word And Share This Post

    Author: Shaun Bradley
    Views: Read by 6,798 people
    Date: February 10th, 2017
    Website: http://theantimedia.org/cash-europe-moves-elimination-paper-money/

    Copyright Information: This content has been contributed to SHTFplan by a third-party or has been republished with permission from the author. Please contact the author directly for republishing information.

    69 Comments...

    Vote: Click here to vote for SHTF Plan as a Top Prepper Web Site
    1. Plan twice, prep once says:

      People might think this is a great way to track illegals.

      Force them to register with the state, to have a plastic identity, so they can be tracked when they buy and sell. Problem is the example we see here in the US, the progressive Democrats just build back doors that allow illegals, terrorists, and criminals to register without identity verification.

      The craziest example is the guy that shot up the Fort Lauderdale airport, who used his minority status to obtain multiple identities, so he could travel anonymously, as well as purchase weapons without his orders of protection against him not getting in the way. Thus he was able to sidestep at will, democrat treat created gun laws, by using Democrat created loopholes…. You just have to help those poor poor illegals!

      • KY Mom says:

        We need to keep an eye on this.

        I too believe a cashless society is a global agenda.

        Remember, regulations that start across the pond, often end up here.

        • awed bawl says:

          USA has been cashless since 65-71.

        • Zeus says:

          Brexit, Norway, Greece, Italy, are abandoning the Euro. The Central bankers have lost their grip. The EU public declares this Phony EU paper fiat, based on nothing part of the Problem not the solution. They all want their sovereignty back. They can go digital all they want, but people will find other ways to trade and use Gold and Silver to pay for products off their Digital Grid.

          This is why the CB are pushing rally fast to replace their fake paper debt notes. How would you like to go print up a Million IOU’s and go use and trade that IOU paper for real tangible products and services and get away with it. They Faith has been lost. Paper money has no real value. Wake up sheep!!!! Get your PM’s.

        • FeloniousPunk says:

          After they implement a cashless society, the next step to world domination is forced micro-chipping.

      • BlackMoe says:

        They can be tracked with their EBT cards.

        • KY Mom says:

          “He causes all, both small and great, both rich and poor, both free and slave, to receive a mark on their right hand or on their forehead, so that no one may buy or sell, except he who has the mark or the name of the beast or the number of his name.”
          Revelation 13:16-17

          Microchip in hand allows you to pay for goods in UAE
          “The UAE telecoms giant unveiled new injectable microchips, which store all your credit card, ID and business card data inside…

          The technique is called bio-hacking, where an alien device is embedded on the back of the hand between the thumb and forefinger using a special syringe…”
          ht tps://7days.ae/microchip-hand-allows-pay-goods-uae

          Remember this…
          Elites were inspired by the “success” of the cash ban in India. Was the cash ban in India a test?

          Davos Elites Call For a Ban on Physical Cash… in the U.S.
          “Globally a war on cash has been declared. And India has now proved that it can be done with little consequence. The fact it INCREASES tax hauls (something every Government on the planet wants) is just icing on the cake.”

          “The war on cash is NOT slowing down. India effectively removed 86% of the physical cash in circulation and no one was forced to resign.

          Put simply, India signaled to the global elites that you can implement a near complete ban on physical cash, and there are no real consequences as far as political aspirations.”
          ht tp://www.zerohedge.com/news/2017-01-17/davos-elites-call-ban-physical-cash-us

          A Well-Kept Open Secret: Washington Is Behind India’s Brutal Experiment of Abolishing Most Cash

          “U.S. President Barack Obama has declared the strategic partnership with India a priority of his foreign policy. … In the context of this partnership, the US government’s development agency USAID has negotiated cooperation agreements with the Indian ministry of finance. One of these has the declared goal to push back the use of cash in favor of digital payments in India and globally.”

          “Not even four weeks before this assault on Indians, USAID had announced the establishment of “Catalyst: Inclusive Cashless Payment Partnership”, with the goal of effecting a quantum leap in cashless payment in India.

          The press statement of October 14 says that Catalyst “marks the next phase of partnership between USAID and Ministry of Finance to facilitate universal financial inclusion”.
          ht tp://www.washingtonsblog.com/2017/01/well-kept-open-secret-washington-behind-indias-brutal-experiment-abolishing-cash.html

      • durangokidd says:

        Yo !!! My Peeps !!! Need your signature to petition the TRUMPSTER to arrest George Soros, the financial source of the Nations’s ills (after the FED).

        https://petitions.whitehouse.gov/petition/issue-international-arrest-warrant-george-soros

        Take it VIRAL !!! 🙂

    2. A boot on your neck, forever. Orwell.

    3. Anonymous says:

      If you’ve read and understood the prophecies you understand what is going on and why.

      If you haven’t, you don’t.

    4. Kevin2 says:

      North Korea, China, Iran and Russia are the concerns of TPTB. Your concern is TPTB.

    5. The Deplorable Braveheart says:

      My bank recently sent me a credit card application in the mail and I threw it away. Most of my transactions are already cash. My debit card I only use for 2 particular bills every month and some occasional online shopping. No credit cards for me, period. I won’t sacrifice anything else I do to pay the minimum amount on a credit card bill every month. No credit score to worry about either. If cash gets banned, then I’m headed for the hills.

    6. Sgt. Dale says:

      Just another way to slow down the crash.

      Get as many $1’s $5’s, $10’s, $20’s as you can a put them away. Silver and Gold. Use the black market as much as you can if this comes here. Learn to batter. Develop a skill that people will need and get damn good at it.

      Once this comes here it won’t belong before the BIG CRASH HAPPENS. All money transactions will be CYBER, and someone or something will hack and crash it. and no more money!!!!

      Sgt.

    7. TEST says:

      Yep, the mark of the beast continues apace. And these people are too arrogant to even be aware of that. I always laugh, because one of England’s greatest writers of th 20th C., CS Lewis, wrote about a horribly dystopic England where one of the leading entities creating ultimate evil had the acronym of N.I.C.E, or Nat’l Inst. of Coordinated Experiments. Well, the illiterate left not too long ago named one of their health departments by the EXACT same acronym. Brilliant

      As Tallyrand said over 200 years ago about the brain dead French nobility, “They learned nothing, and they forgot nothing.” Same today with the left.

      Of course, therein lies our opportunity.

    8. waiting says:

      It’s another way of controlling you. A person should be entitled to their own hard earned money in any form they wish. I deal in cash. Use a credit card and there’s a fee; use on line banking and someone hacks your account and then you’ve got a mess to deal with. It’s MY money and it’s MY choice how I want it.

    9. TEST says:

      Every time I look at the EU and things like the article above, I realize that Hitler and his National SOCIALISTS actually won the war (Nazism is the merger of the socialist state with co-opted crony big biz, of course). They just took a little longer than expected. The story above is case in point.

      As I often note in my posts, various flavours of the left (Nazism and Communism are simply cousins), per the Black Book of Communism murdered over 100 mm last century. They don’t include Nazism in the book, but IMHO they should have.

      Today, many of these leftsts are Fabian socialists, who use cultural subversion, propaganda, usurpation of the educational system, forcing Lady Kaka and those idiot SuperBowl commercials (I will NEVER, ever, buy an Audi, and I don’t drink a lot of beer, but will make a point to avoid Bud going foward). Antonio Gramsci, Frankfurt School, Alinsky – all doing the cultural war. Some quotes are instructive here:

      “Necessity is the plea for every infringement of human freedom; it is the argument of tyrants; it is the creed of slaves.” –British Prime Minister William Pitt (1759-1806)

      And a few for your reading pleasure:

      “The right of the citizens to bear arms is just one more guarantee against arbitrary government, one more safeguard against the tyranny which now appears remote in America, but which historically has proved to be always possible.” –DEMOCRAT Vice President Hubert H. Humphrey (1911-1978)

      “President Obama said this week that he wants to find a ‘pathway for citizenship’ for immigrants in the United States. Don’t we have that? It’s called the Rio Grande river.” –comedian Jay Leno

      “A new study shows that 60% of young Americans plan to buy firearms. The other 40% were confused, saying they thought they were free under Obamacare.” –Fred Thompson

      • Yeah,right says:

        Hey, Mr. T, where do you live? And how many people do you have working for you. I just want to get a flavour of where you opinions come from. They don’t seem to be from Illinois. Unless you’re in the basement of Chicago’s city hall.

        • The Deplorable Braveheart says:

          Yeah right, watch it there. TEST is one of our best posters here and always makes sense. I admire his insight.

          • Yeah, right says:

            All this guy wants you to do is to hate the people that threw his people out of Germany. He wants you to hate Nazis. Everything else that he posts is camouflage to push that point. It’s actually the alt-right that he’s railing against because they are waking up to who is really in charge of the country right now. The point that he doesn’t make is that the people that are in charge of the country right now are actually the Neo-Nazis, and they aren’t white.
            He’s trying to play everyone for a fool here. And if you can’t see that, that’s exactly what turns him on. And I actually think that he was a teacher before. Most likely in the Chicago public school system. That’s about one of the only systems that would accept someone who puts out these idiotic rambling posts. But he has to ramble, because if he actually told the truth, the whole truth, and nothing but the truth he would be a determent to his own agenda.

          • Yeah, right says:

            They wouldn’t post my explanation to you so how’s about this instead.
            Who are you to tell me what I can post of not post? This isn’t ‘your’ site if you didn’t notice. And I’m not even talking to you. So here’s what I think. You are either just like your buddy, you are completely ignorant of your buddy’s agenda so you actually are a deplorable in his eyes, or you are a control freak that thinks that the world belongs to him only and he’s going to make everyone else fit into his myopic view of that world. Just because your buddy pats you on the head for reading his b.s. doesn’t mean he respects you. Figure that out if you can.
            Or maybe run to your safe space. I mean BOL.

      • Frank Thoughts says:

        Lady Kaka – very funny!

        I totally agree: it is Hitler’s world, we just live in it. The new historians have come to realise the Nazis didn’t lose WWII, they won it by infiltrating the US and to a lesser extent, the Soviet Union. One of the reasons why we are being flooded with Muslims is because we have actually been losing in the war on terror. Muslims were one of the strongest allies of the Nazis and this is basically their pay-off for that loyalty: the West is like an all-you-can-eat p#ssy and welfare benefits smorgasbord for Islam.

      • KY Mom says:

        Socialist parties, different branches…

        Nationalsozialistische Deutsche Arbeiterpartei (National Socialist German Working Party).
        But it’s frequently just abbreviated to ‘Nazi.’

        Newly Found Document Reveals Obama Joined Socialist New Party in 1996
        ht tp://godfatherpolitics.com/5568/newly-found-document-reveals-obama-joined-socialist-new-party-in-1996/

        Obama’s Third-Party History
        ht tp://www.nationalreview.com/articles/302031/obamas-third-party-history-stanley-kurtz#

      • Zeus says:

        Nazi-ism was about expelling the Cross-Bread Homo Pedophiles Parasite squatters from the planet and cleaning house (Germany). Kudo’s Hitler!! He was so right, and America needs a healthy cleaning out too of all the Parasites. What Germany looks like today, is what Hitler was fighting against. Hitler was right. German’s Chairman Markel is a Tenticle extention of the NWO Globalist Bankers (((Tribs))). Germany is being destroyed daily like allowing the Huge Influx of Syrian Refugees to pollute their society.

        Here is one such (((Tribe))) Parasite Carrying out his mission of Destruction of America.

        Netanyahu’s Real Feelings about America were revealed in a secretly tape-recorded conversation in Fink’s Bar in Jerusalem al-Quds in 1990.
        Netanyahu’s Quote: “If we get caught they will just replace us with persons of the same cloth. So it doesn’t matter what you do, America is a Golden Calf and we will suck it dry, chop it up, and sell it off piece by piece until there is nothing left but the world’s biggest welfare state that we will create and control.
        Why? Because it is God’s will and America is big enough to take the hit so we can do it again, again and again. This is what we do to countries that we hate. We destroy them very slowly and make them suffer for refusing to be our slaves.” Smoloko.com

        You save these words to remind you of Who America’s REAL Enemy is.

        Braveheart, you don’t even know what you are agreeing to. Watch the subliminal BS droppings in Tests writings..

    10. The Central Bankers are criminals.

      The system can not be depended on.

      Buy heirloom seeds. This is the most important thing you can do for your survival, besides a water source.

      If you live in an area where trees grow, plant trees with edible fruit, nuts. Be sure to get nonGenetically modified. GMOs cause the growth of tumors.

      Your health is extremely important. The number one cause of personal bankruptcy is catastrophic illness. Most illness is caused by poison or toxin (same thing), and nutritional deficiency. You can not get nutrition from pills. You must eat. You must heal your gut. You must grow some food because you can’t depend on the availability of food.

      Stop watching television. Advertisements for floride based chemical pills are being programmed into your subconscious as “The Final Solution” to disease. The programs are promoting degeneracy, race mixing; disrespect for parents, Western culture, white people in general and the white Christian Founding Fathers.

      Don’t put your children in public school.

      Women should start supporting their husbands. Men need the love and support of their women. Children need a mother full time. Men need to step up, protect and provide for their women and children.

      A cashless, Godless, depraved society at War is the goal of our enemies for us. We must fight we we are by becoming strong we we stand.

      __

    11. Jim in Va. says:

      Its all about controlling you whether you are a criminal or not. They will then determine how much a month you will get. If there is any left at the end of the month,too bad,they keep it and then you get your next check. You will learn to spend it all…no saving it. It will be in credit card form(EBT).

    12. Bert says:

      The scum bansters once they eliminate cash will then charge 5% for all savings account, and raise the fees on all transactions to 10%. Central banksters will have to continue QE and buy the world’s stock markets. IN THE YEAR 2050 ::: National debt exceeds $750 trillion, gold $50k ounce, silver 1,000 oz, DOW 500,000… welfare mothers getting entitlement payments of over $250k per year, and the minimum wage will be $225 per hour. Anyone not spending their cash today will find their money to be nearly worthless in 35 years. It will cost you 10% to save money in the electronic banking service and 30% to borrow it!!

    13. Susan says:

      Plenty of people will agree that going cashless has big risks and will also agree it’s a very bad thing but continue to spend on cards, contactless etc

      Spend cash as much as you can – when buying food, furniture, electrical products and cars even!!

      We don’t want retail staff to think it’s strange people paying in cash and the only way to prevent this is to use it!!!

      • Genius says:

        I say that all the time. Cash… use it or lose it! Don’t be a fool! Besides it gives you a much much better level of privacy.

        • Genius says:

          I constantly see losers buying a soda or some little crap with cards, makes me want to punch them in the buttsniffer!

          • Susan says:

            You make two good points there, Genius.

            People don’t seem to understand that there’s a lead up to cashless. It involves a concerted effort by those seeking to rid us of cash to slowly get there by making cash seem either (intentionally of course!!) obsolete or a method of payment only used for criminal purposes.

            It’s very dangerous and I’m not going to comply.

          • watching and waiting says:

            I was at a Community college for a class. Wanted a snack.

            And they charge a processing fee. I had money but the machine would only take a card. I said ok,should have said I will skip.

            Wisdom: Take your own snacks

    14. Anonymous says:

      They have time for the war on cash but can’t root out the real perps in all the child abuse rings over there. By the time they’ve figured out who some of these high profile perps are they are so old they have died.

    15. RandomTangent1957 says:

      Hey , have any of you been watching “Hunted” on CBS on Weds nights ?
      If not check it out, you will learn a lot about how big brother is tracking us every day. It is amazing how they catch these folks. If they can stay hidden for 28 days they wil $250,000. ! You have to know how to disapear in plain sight. Learn about phone tracking , vehicle tracking, cameras everywhere, how they check social media for friends , hobbies, where you go for leisure fun, etc.
      They go back to look at highschool yearbooks, hack your computer & phone records. I have learned a lot. I had no idea that the survelience state has progressed so far. …😳

      • Archivist says:

        I watched some of the British version episodes. Almost every one of the contestants got caught because they couldn’t resist calling home using a cell phone.

        I could disappear for a month easy. I would just go next door and live in their attic. My wife would know exactly where I’m at, and I wouldn’t have to contact home or risk being seen by surveillance cameras.

    16. Anonymous says:

      I hear of more foul ups and thefts with credit cards than checks or cash. The eradication of plastic will be next.

      • Genius says:

        Yep, I have never been mugged by a person but I HAVE been mugged by the bank!

      • The Deplorable Braveheart says:

        Anonymous, by not having a credit card, I keep my exposure to identity theft really low. That’s a plus in my book.

        • Zeus says:

          Dep NH. LMFAO!!! By using your Debit Card Only, you are fully exposing your liabilities to hacking that will harm you way more than any credit card would.

          You see when they hack your Debit Card they will wipe out YOUR Entire Bank Balance. And you will start bouncing checks. $37 a Pop. Do the math.

          If your Credit Card is hacked (Which you can’t own) they are stealing MC & Visa’s money and not yours. Credit Cards offer an extra layer of protection, NO Debit Card can provide to you.

          Besides NOBODY WANTS TO HACK YOUR SHITTY CREDIT HISTORY OR IDENTITY. You are what hackers refer to as “Week Old Road Kill.” They have lots of other bigger fresh fish to fry who has credit.

          So why is your credit so shitty Dep BH? Explain. Did you failed to pay your bills, or you have no clue how to manage your credit or money. Foreclosures repossessions? Explain. We are all ears.

    17. Jude says:

      Many people I talk to who actually agree with buying silver and gold are patting themselves on the back for being so forward thinking…And then I learn they are talking about stocks, shares in mining companies with their little pieces of paper to prove it.

      My response?

      If it isn’t in your hand physically, you don’t own it…You own nothing but paper printed by a corporation as an IOU. Kinda like Fiat Currency.

      Many of these same people believe their money is safer with the banks because of security.

      My response?

      You take all of your earnings, give it to a stranger in the bank who then locks it away behind 3 feet of concrete, steel and glass with you being the only one not holding a key to the vault. And then *poof*. It’s turned into 1’s and 0’s accessible only by a little plastic card that can be turned off at any time.

      I don’t win too many popularity contests as many can imagine. 🙂

      • Susan says:

        My saying is close to yours – ‘If it’s not in your hand……..it’s not yours!’

        It doesn’t mean it HAS to be in your hand but it has to be were you can get to it without hindrance.

        I keep a fair amount of cash hidden at home (that no-one knows about) so if they stop me accessing my money, I’ve already got some to keep me going.

        • Zeus says:

          If it’s NOT in your hand, it is just an IOU to you on paper.

          Would you rather have your assets in your hand and in your full control or someone owing it to you?

          Germany’s been waiting 3 years for their IOU Gold to show up. Texas has been waiting for 2 years. See how well IOU’s Are working out for those folks. ETF’s are also IOU’s. Your Gold you have in an ETF, is also being loaned out to 252 other people. Called (Rehypothification) Like fractional banking. When the music stops which 1 of 252 person’s will actually get their Gold back. The other 251 will be holding their dicks in their hand.

          When I own Silver in my Hand I own it free and clear. If you own Paper Silver stocks you also own the companies liabilities, and all its failures as well as some IOU to promise to pay you are some other date.

          When the Grid crashes, see how well those paper stock IOU’s work for ya and try to collect it or cash it in. lol.

          • Jude says:

            Absolutely.

            That IOU won’t buy a bag of dried beans or even a bottle of water.

            To be fair, gold won’t buy much for awhile when the grid goes down either. I believe the only trades to be made will be with the wealthy who would (should) have enough supplies to barter with while waiting for society to normalize enough to the point where gold&silver become king again. The rich will have the luxury of time to wait out their investment.

            Banks will most likely accept your coins/bars but will offer very little in exchange only to give you an atm card or food card. I believe the trade-in value will be higher if using the metals to pay mortgages, loans etc. It’s still only numbers to them and they will have more worthless mortgages than they can handle. Can’t police and board up millions of homes so they’ll take what they can get.

            I could go on with this but that’s a good start. 🙂

    18. eagle1 says:

      Been reading foreign news EU is dead!

    19. Templar 1 says:

      I too keep hard/liquid assets on hand. I keep them hidden, cached and spread out.
      I have also taken to keeping and picking up things that could be used in barter.
      I do operate in the current system but have and am increasing my ability to operate in the post capital environment as well.
      What is mine, is just that, mine. If you come to take it, you will have a fight on your hands, my even “harder” assets will then come into play. Not going to be good day for anyone!!

    20. 2isone says:

      e watched John Wick last night… the first one. In the storyline, all the assasins pay for services withe “coin”, that is, gold coin. There was one scene where Wick handed a “cleaner” about 13 coins in a stack, and I guesstimated to my husband the stack was worth 15K conservatively. The movie Looper with Bruce Willis also has the killers being paid in silver- silver bars. The bars were big… guessing 50 or 100 ounce raw poured. I don’t have any that big for comparison, but a rough estimate of worth for bars that size is 1K and 2K respectively. All of that mental calculation is made with today’s values of course, and the figures are rough and conservative. But it is interesting to see how the fictional characters store their metals, and just how viable trade is with metals when a consensus is reached among members of a small group. I believe trade in metals is going on right now in cartels and criminal broups, as well as gemstones. And until trophy and nontrophy women stop wanting real gold and diamonds, these things are ALWAYS going to hold a value.

    21. Beaumont says:

      I have no personal respect, for trolls, no matter what point they are trying to make.

      But…

      The Mark Dice gag, where people are given a choice between candy and silver, might lead us to ask whether most people are mentally-fit, to participate in trade. You might just as soon hoard energy drinks and cigarettes, if you really want to deal with that.

      I think that different people are entitled to different standards of treatment and most will not have anything useful, to exchange for your valuables, which mainly have sentimental value, to you.

      Gold has reportedly been pegged at minuscule values, under intentionally-depressed, foreign economies. People still scavenge for it, as we do, for recyclables. What makes these things valuable is artificial market controls. These so-called nation-less currencies will never be sold, at any rate, any higher than the common price point.

      Tulips, hardwoods, and Roman glass have been traded as treasure, beads have been traded for islands, but not one millisecond longer than the popular trend.

      For those purposes, electronic placeholders and preferential access, through their legal channels, can literally accomplish something, in the here-and-now.

      • Yeah, right says:

        If you mean that they will not be able to sell their gold in dollars beyond the common price point you are right. But what that common price point will be in the future is another thing. How many Zim dollars is an ounce of gold worth today? As long as people value it as a use of common exchange, not tied to electronic anything, it will have value in that sense without a paper currency amount tied to it. It’s about confidence in a median of exchange and it’s perceived value across the world. The other part or the question is how much is a sandwich worth in gold when it’s the only food that is left. It all varies and will continue fluctuate.

    22. skeptic says:

      My thoughts on a cashless society, as a person that traveled the world at length for some years, is, I want to control the last currency that exits since that will buy drugs, guns, and gold just like always. I don’t think the world will go cashless The last currency will be god like.

    23. Bert says:

      2060:: DOW 1,000,000 All the money on the planet is controlled by six banksters, multiplied by 100 in leverage, all the money on the planet will end up in the world stock markets with over 80% of the shares owned by the big 6 bankster families… EVEN THOUGH the banksters bought up the exchanges using their depositor/saver’s money!! Meet the new boss, same as the old boss. I figure once the banksters own 80% of the all the world shares the banksters will take all the companies private and the banksters will own everything worth anything.

    24. LikeWTF? says:

      Why are my posts disappearing when posting. WTF?

    25. realist says:

      With cash you can go to ground,literally. Don’t need a bank account, don’t need an address,nor social security number,medical insurance etc.Dont need a physical drivers licence even. Just crib off someone who looks similar to you. Traffic cop won’t arrest you if you give him details that seem to check out.Dont need a passport even,the Northern Border is very porous.South a bit more difficult. Depends on how you blend in.Sophisticated surveillance programmes can’t identify you. What’s not to like?? And the government well knows this.

     

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