{"id":18852,"date":"2016-03-15T10:39:57","date_gmt":"2016-03-15T15:39:57","guid":{"rendered":"http:\/\/olduvai.ca\/?p=18852"},"modified":"2016-03-15T10:40:26","modified_gmt":"2016-03-15T15:40:26","slug":"will-gold-and-silver-become-the-underground-currencies-of-the-future","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=18852","title":{"rendered":"Will Gold and Silver Become the Underground Currencies of the Future?"},"content":{"rendered":"
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Will Gold and Silver Become the Underground Currencies of the Future?\u00a0<\/a><\/h3>\n<\/div>\n
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\"Surviving<\/a><\/div>\n
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QUESTION:\u00a0Martin \u2026 the reasoning behind goldbugs \u2026\u00a0advising people to buy gold to thwart the cashless society\u00a0that govts will soon impose on us all. \u00a0Do you think\u00a0gold and silver will become the underground currency of the alternative economy as people try to get around the official cashless economy or not?<\/p>\n

thanks
\nRegards
\nP<\/p>\n

ANSWER:<\/u>They probably will to some extent, but it will be very limited. Gold and silver have lost their mobility. You can no longer hop on a plane with a briefcase full of metal. The more likely outcome is that gold and silver will simply be a hedge against government. It is unlikely that everyone will simply be using them at the local Starbucks.<\/p>\n

Government will make transactions in gold or silver illegal and equivalent to money laundering.\u00a0These people are not about to let anything circumvent their dreams. Nevertheless, their plans are by no means sustainable. The more likely outcome will be that they collapse and we move to some new political system. However, keep in mind that this could take until 2032 for a complete reboot.<\/p>\n

In France, a train that passes through Switzerland and Liechtenstein is routinely stopped. The French financial police enter and search bags and luggage for valuables. You cannot travel with valuables worth more than $10,000. They will confiscate whatever they can. In Italy, if you look like you have a lot of gold chains on they will pull you over and weigh them.<\/p>\n

\"Business<\/a><\/p>\n

The likelihood that you will be able to travel with gold is about zero. The likelihood that you will be able to go to the local grocery store and buy food with silver or gold coins is also zero.<\/p>\n

…click on the above link to read the rest of the article…<\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Will Gold and Silver Become the Underground Currencies of the Future?\u00a0 QUESTION:\u00a0Martin \u2026 the reasoning behind goldbugs \u2026\u00a0advising people to buy gold to thwart the cashless society\u00a0that govts will soon impose on us all. \u00a0Do you think\u00a0gold and silver will become the underground currency of the alternative economy as people try to get around the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[5496,12950,951,1883,374,5479,647,730],"class_list":["post-18852","post","type-post","status-publish","format-standard","hentry","category-economics","tag-armstrong-economics","tag-cashless-economy","tag-currency","tag-economic-depression","tag-gold","tag-martin-armstrong","tag-precious-metals","tag-silver"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/18852","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18852"}],"version-history":[{"count":2,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/18852\/revisions"}],"predecessor-version":[{"id":18854,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/18852\/revisions\/18854"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}