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How to play Gold Rush
“Are we remaining passive while society drowns in debt? Are we remaining passive while society is driven to madness – because this is an illness? People lose their minds; they contemplate suicide or abandoning their homes. So, we are going to take serious action.”
During the livestream, the president stated that he had spoken with a woman who said her 26-year-old son had taken his own life because of online betting. He also mentioned hearing from a bettor who had racked up BRL2 million ($388,410) in debt in just three months of wagering.
Lula said he intends to discuss the matter with his team and analyse potential measures to consider the social impact of online betting.
How to play Gold Rush
So here’s what happens from here, in my view. In a few months, food price increases are going to start to become very glaringly obvious. Price inflation will not be able to be hidden anymore. You can tinker with the inflation statistics only so much, but once it gets to food prices, it’s game over. It’s already happening. Food bills are rising and are about to rise much faster.
That inflation is going to be priced into bond yields very quickly and the balance sheets of all the banks with worthless bonds squirting out of their eyeballs are all going to collapse. All at the same time. The whole process once it starts will take no more than weeks. The Fed will embark on one last round of printing to try to save the system one more time, but it will not work. Not this time. This time, the dollar, the reserve currency of the world, will be completely destroyed, and with it all other fiat currencies and the entire global financial system. Done, finished, the end. That means everything running on the assumption that dollars have any value, including the electricity grids that mine cryptocurrencies mind you, will freeze up.
The prices of gold and silver will become undefined in dollar terms, and the only way you will be able to buy anything at all will be through barter. It’s easiest to barter with gold and silver, which is why they have always been used as money throughout civilization. That’s how money developed, until FDR stole the gold supply in 1934, gave everyone paper in its place, and the United States embarked on the world’s most dangerous financial experiment in human history that is about to blow up 87 years later. Best have some monetary metals physically with you or you’re going to have some serious problems.
What is Gold Rush?
Bitcoin Association – Bitcoin Industry Organization – The Bitcoin Association is a non-profit group that supports businesses, developers, transaction processors and others working with the technology. The group offers education to business, organizes the Bitcoin SV technical standards committee and offers out of the box solutions for people and companies looking to build solutions with Bitcoin.
BuyBSV.com – An easy way to purchase Bitcoin SV – As the name suggests, BuyBSV.com offers people an easy way to purchase Bitcoin SV without needing to go through a large exchange. It’s available in most major countries around the world.
Just like in the gambling industry, there are plenty of conferences and events revolving around Bitcoin SV, although they’re slightly tamer ;-).