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DIVERSIFY *BEFORE* THE DOLLAR COLLAPSE — FTM’s Jerry Robinson

from SGT Report:

Jerry Robinson from FollowTheMoney.com joins me to discuss the ways we can – and should – diversify BEFORE the collapse of the US Dollar as world’s reserve currency.

And if you want to sign up for a free webinar to learn more about one such opportunity, email my friend Stephen Penny at [email protected]

To see webinar dates and time options

WEBINAR SCHEDULE:

Sun, Feb 26, 2017 8:00 PM – 8:30 PM EST
Mon, Feb 27, 2017 10:30 AM – 11:00 AM EST
Mon, Feb 27, 2017 1:30 PM – 2:00 PM EST
Mon, Feb 27, 2017 6:30 PM – 7:00 PM EST
Mon, Feb 27, 2017 10:00 PM – 10:30 PM EST
Tue, Feb 28, 2017 11:00 AM – 11:30 AM EST
Tue, Feb 28, 2017 6:30 PM – 7:00 PM EST
Wed, Mar 1, 2017 10:30 AM – 11:00 AM EST
Wed, Mar 1, 2017 1:30 PM – 2:00 PM EST
Wed, Mar 1, 2017 6:30 PM – 7:00 PM EST
Thu, Mar 2, 2017 11:00 AM – 11:30 AM EST
Thu, Mar 2, 2017 6:30 PM – 7:00 PM EST
Fri, Mar 3, 2017 10:30 AM – 11:00 AM EST
Fri, Mar 3, 2017 1:30 PM – 2:00 PM EST
Fri, Mar 3, 2017 6:30 PM – 7:00 PM EST
Sat, Mar 4, 2017 10:30 AM – 11:00 AM EST
Sat, Mar 4, 2017 1:30 PM – 2:00 PM EST
Sat, Mar 4, 2017 6:30 PM – 7:00 PM EST
Sat, Mar 4, 2017 10:00 PM – 10:30 PM EST
Sun, Mar 5, 2017 10:30 AM – 11:00 AM EST
Sun, Mar 5, 2017 1:30 PM – 2:00 PM EST
Sun, Mar 5, 2017 6:30 PM – 7:00 PM EST
Sun, Mar 5, 2017 7:00 PM – 7:30 PM EST

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20 comments to DIVERSIFY *BEFORE* THE DOLLAR COLLAPSE — FTM’s Jerry Robinson

  • Eric

    Good to have income. Good to have cash flow. But I never shop at Target or Walmart.

    However, I love shopping at SD Bullion.

    https://sdbullion.com/100-face-value-90-percent-silver-half-dollars

    https://sdbullion.com/generic-platinum-bar-1-oz

    The fake news network gets blocked from the WH press briefing. lol. We are winning.

    http://thehill.com/blogs/blog-briefing-room/news/321061-cnn-responds-to-being-excluded-from-press-briefing-this-is

    Bring on the government shutdown!

  • Troy

    I would pay off your house…thats the most important thing…learn to like rice

    • Eric

      It might be if you plan on living in the house until the day you die.

      I’d rather wait for at least $50 Silver before I pay down the loan any further. Once it’s over $50 USD, I’ll stop stacking Silver so much. Would rather watch the debt be inflated away.

      If I had a wife and kids, it would be different.

    • Craig Escaped Detroit

      @Tony,
      Paying off the house, takes a bit of observation & calculation of the circumstances and of the future.

      It would seem that the future price of gold & silver, when the SHTF, will start to go a lot higher and with greater and greater speed, while at the same time, “prices” of homes will start to fall, with greater and greater speed.

      That right there, is a very powerful reason to NOT put any extra money on the house, but to put every extra “dollar” into more silver & food. Wait for things to happen, and then be able to pay off that house with single ounces of silver being worth from $100-$3,000 per ounce.

      Looking at the numbers of the 2008 crash, it became painfully obvious that house prices in many or most areas, fell down by very fat percentages. My own house in a major city, fell from $110k, down to just $10k. It lost about 90%.
      That’s another great reason to hold the gold, and wait for a better house, in a better location to fall down by 30-80% while your gold goes up 500% or even 3000% higher, and then you’ll be in a better position for having a better life for less “money”.

      The next crash cannot be too far away. It has already been about 9 years since the previous economic crash, and history shows that stock markets, economies, etc, typically suffer some pretty big drops just about every seven years.

      Another big thing to consider, is that during severe crashes, crime rates, poverty, violence rises. It always rises much higher in populated areas, cities are the worst place for the safety of your family. Even if your city had no poor people or any “minorities”, but if a large percentage of people lost jobs, could not pay bills or buy food, we all know it only takes “3 days without food” for EVERY population to become dangerous.

      So, if you are living in any area where there are houses closer together than 100ft from each other’s homes, then you are probably living in an area that can become dangerous when people have no food. Even if you have a garden that is large enough to feed your family, it will be decimated by all the local people who did not grow the same garden. They will clean it out like crows & locusts.

      But hey, you’ve been reading SGT reports long enough to know this stuff. Perhaps you live in some nice, swanky area that makes your wife happy (Vancouver, Toronto, Georgetown, Beverly Hills, or any of the many “popular” places. They can all become like Caracas, >.A., Chicago or Iraq very quickly. But you know this too.

      Spending paper money today, those $100 notes that can buy 5 ounces of silver right now, but those ounces should each be worth more than $100 in the next few years… you just have to be patient and wise to get the biggest “bang for your bucks”.

      Choose poorly, or choose wisely. You’ll end up rich, happy, healthy and safe? or you’ll get yourself (and your entire family) killed.

      • Ed_B

        @Craig

        We all have to do what seems best in our own personal financial situation. For us, it was paying off our house in 2014. I have not regretted that decision one bit. It is a terrific weight off our shoulders to not have a house payment each month. Not all of the benefits of a wholly owned by us home is tangible. For someone else, it very well might not be the best approach but it sure was for us.

        As for buying more food, silver, gold, and ammo… well, we did that too, so this is not always an either / or question. The more limited one’s assets are, however, the more carefully they should approach this question. A lot of the reasoning behind making this critical decision rests on what happens in the future. None of us knows this or can know it. It will be what it will be and it will come when it comes. Whether that is weeks, months, years, or decades away is not up to us. But if we are well prepared for hard times the WHEN of their coming is pretty much irrelevant. Only those who procrastinate in their prepping will be fascinated by WHEN the SHTF. The rest of us won’t much care because we will have done pretty much all we can anyway and will be WAY ahead of the many who do not prep at all.

        • Craig Escaped Detroit

          @Ed,
          There is one BIG thing about paying off a house that I agree with, and that is getting out from underneath those interest payments. It “returns” more of your money to you than trying to EARN interest on bank CD’s, etc.

          And considering that most stocks (and certainly not bonds) are not going to give you the type of return on your money as you will “capture” by getting away from home mortgage interest rates, in this case, paying it off is a good move. (Unless of course, the value of our “money” crashes soon and the “price” of PM’s skyrockets 1000% in the next 12 months…etc.)

          When it comes to ROI, I really like how a solar panel system, typically “pays” you 7-8% ROI…(this is limited to people who actually have a clear-sky view and not any SHADE on their roof.) Solar systems save you money year after year, and it actually is “in your hands” so you really own it.

          But, it’s a pretty rare situation for anybody to have the “liquid” resources available to be able to PAY off the mortgage. Most of the world is living paycheck to paycheck.

          There are people who buy a complete solar system, with bank financing that gets paid by the annual power savings/meter savings, and not coming out of the homeowner’s budget.

          • Ed_B

            @Craig

            “There is one BIG thing about paying off a house that I agree with, and that is getting out from underneath those interest payments.”

            Indeed so. It is an incredible feeling of freedom that comes with such a removal of debt that holds back our finances. I also wrestled with this decision and did not do it earlier because the market was stronger at that time. When I was earning 10-12% on my stocks and mutual funds, it made no sense to pay off a 4% mortage. Once the market became unpredictable and unstable, it was time to get out of it and use a small part of that money to retire the mortgage. Believe me that I would much rather have earned the 10-12% and kept the mortgage but that was not my decision. All I could do at that point was respond to the changing market conditions.

            “Unless of course, the value of our “money” crashes soon and the “price” of PM’s skyrockets 1000% in the next 12 months…etc.”

            Agreed. But like other aspects of the future, we cannot know this ahead of time.

            “Solar systems save you money year after year, and it actually is “in your hands” so you really own it.”

            Agreed. I would have such a system installed now but for the fact that we will soon be moving to a smaller place, hopefully with a few acres of land where I can finally have my BIG garden. We will have a solar system there and it will be good. 🙂

            “But, it’s a pretty rare situation for anybody to have the “liquid” resources available to be able to PAY off the mortgage. Most of the world is living paycheck to paycheck.”

            My depression era mother was an excellent money manager. I learned a great deal from her simply by listening rather than talking. She knew that debt was a terrible burden in one’s financial life, so rarely ever borrowed money if she could avoid it. She taught me that it is much better to save up for the things that we want rather than borrow the money to buy them. The anticipation of waiting for something we want is delicious… as is finally satisfying it. Of course, one pretty much has to borrow to buy a home. This is not a bad thing as long as: 1) the home buyer can maintain the home themselves; and 2) buys a home that fits their income.

            A year before I retired in 2004, I was looking into buying a Jaguar XJR. It was a beautiful car in sapphire blue with a “fawn” colored interior. But then, the thought hit me: “Do I think that it is worth delaying my retirement to buy this car?”. NO! came the reply, it is not. So, I did not spend the $84k that it cost and retired on schedule. I never regretted that decision, although that WAS one sweet ride. 😉

            “There are people who buy a complete solar system, with bank financing that gets paid by the annual power savings/meter savings, and not coming out of the homeowner’s budget.”

            Yes, that is a good way to do it, especially in the current low interest environment.

  • Millicent

    The “THE DOLLAR COLLAPSE”. Will that be like the Grexit and the Brexit?

    Lots of noise and flashing lights but nothing of substance…

    • Eric

      No. It will be more of a government shutdown combined with a bank holiday.

      Gold is up 3500% over the past 50 years. You haven’t been paying close enough attention.

      • Millicent

        From a comment on the Hunter interview:

        “As for Greg Hunter’s introductory comments about Stockman’s anticipation of a Trump presidency, for the record, after the second presidential debate on Oct. 9, Stockman sent out a letter via Agora Financial’s Daily Reckoning in which he stated regarding Trump, “…the 2016 election campaign is over. The establishment media have destroyed his candidacy…” The should remind the reader to take Stockman’s prognostications about the future with a grain of salt.”

        • Eric

          Yeah I’m sure they’ll raise the debt ceiling any day now and the Gold price will crash when they do which will reflect fair market value.

          Do you need to revert to somebody else’s comment on that or got anything original?

          Strange how I told my Dad Trump was going to win a year before he did, and never really had much doubt about it. Mom really liked the “Jesus clears the temple” 10 oz Silver bar I just gave her. I said “Yeah I thought you might.” I always did like playing connect the dots but not everyone can connect them all I guess. So sad. This isn’t really all that complex.

        • KRELL427

          I also put Dr Paul Craig Roberts in the same camp. Both know how the old system works, but to use your own words I take both David and Dr Robert’s prognostications about the future with a grain of salt.

        • Ed_B

          ” The should remind the reader to take Stockman’s prognostications about the future with a grain of salt.”

          IMO, ALL predictions should be taken with a truck-load of salt. A large truck at that.

          That said, other than predictions, I like Stockman’s comments quite a lot. They seem quite rational, reasonable, and well thought out… unlike a lot of people who are interviewed by the alt-media.

  • Craig Escaped Detroit

    Diversify? Yep.

    90% stuff…Silver dimes, quarters & half dollars. 999 stuff- single ounces and ten ounce bars.

    Canned goods, dry goods & frozen foods.

    garden seeds for veggies, grains, herbs & spices, by the packet, by the ounce and by the pound.

    fruit trees (and soon to add some nut trees).

    ammo- 22LR, 9mm, 40 cal, 30 cal., 223, 12 gauge, etc

    What I don’t have? Stocks & bonds & cash?

    Houses in cities & suburbs? Not for me.

    Luxury car brands? Not for me either, as they can break down more often than “lesser” brands, and cost more to repair and keep them on the road.

    I am also disappointed at the diesel pickups these last 10 years or so, because they charge outrageous prices compared to the 90’s. Injectors, you used to be able to buy 8, remanufactured Bosch injectors, for less than $200 (for a pack of EIGHT), but today, Ford, GM, etc, a SINGLE rebuilt injector costs $300 or higher. Eight of them will cost you about $2,500.
    That’s robbery.

  • Eric

    Free shipments of Brawndo!

  • CAJUN

    GOLD SILVER WTF
    DOWN @ 11:00

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