What Will Happen To Gold When A CBDC Is Released

The economic ninja talks about when the fed forces us to take a central bank digital currency of CBDC how the price of Gold will perform or if you will be allowed to buy gold with a cbdc. None of this is financial advice but it is for entertainment purposes only.

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DISCLAIMER: EVENTHOUGH I TALK ABOUT CURRENCIES, CRYPTOCURRENCIES, TOKENS, PRECIOUS METALS, AND OTHER "MARKETS". I WANT TO STATE THAT I AM NOT A FINANCIAL ADVISER. THESE VIDEOS ARE BASED UPON MY OPINION ONLY. YOU ARE RESPONSIBLE FOR YOUR OWN TRADING AND INVESTMENT ACTIVITIES
DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.

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[nancykurtz]

Congress will exempt themselves from digital currency tracking. Just like political funding, mandates, and market investments, and the ACA.

[shawnlinnehan]

I gave everyone silver last year for Christmas. Spent like $700 in silver that I gave away as gifts. I guess I am a trend setter. What about not accepting the CBDC? I do not intend to and I am trying to get some legal arguments for that. If the 'money' is going to have an expiration date or limits on its use, that would violate the already existing currency that we work under and I would think that would void the debts and contracts you have based on an old system of currency that a new CBDC is not equal to, and is in fact, a totally different system. When the bank wants my mortgage payment, I am going to tell them I have a contract to pay you in US dollars and this new currency is not that. The banks and the financial system destroyed the dollar and the vehicle for which I was to pay back the mortgage. The banks and FED violated the contract and it would be void. That's what I am going with because I will not accept a purely digital system without cash, which represents privacy. I have been doing most of my purchases with cash lately to stay out of the digital system. I have tons of food and we are just planning to head to the bugout land and live out of the system if this goes through. I will not use CBDCs. If enough people revolt against it, it can't happen. However, that would be impossible as the masses cannot be counted on to do the right thing, as evidenced by the last years of living a medical hoax.

[songseptember]

We cannot allow CBDCs to happen. If so they will allow cash at first and then they will ban cash eventually. This can never happen.

[nancywood]

You know, I think this whole reset thing is a total mess. No matter how many slick minds there are out there figuring all this out, I still don't see how all this is going to work. I feel like I am living in some kind of tragic joke of a world.

[exmarine]

Unless you want to be tracked - everything bought with CBDC will be tracked and controlled - buy your gold and silver now with cash.

[Mike-upgo]

Yep, I agree with most of what you say Ninja, but the idea of a "vaulting company"makes no sense to me. What happens if they go belly up ? Then what ? How do you get your PM's out ? Personally, I wouldnt trust them any more then I would trust a bank to watch over some of my valuables in a safe deposit box. A vaulting company is no better. Trust yourself, and no one else.

[stefanchung]

All currencies will be destroyed and people will ask for CBDCs...Most people do not understand!

[TheSHOP]

What has always been something the rich and wealthy have owned throughout history?
Gold, silver, land, and you can throw in expensive gems/diamonds. I started buying gold and silver back when I was poor because my thinking was if I do what they do, maybe I will be like them one day. I can say, gold and silver is way up from where I originally started buying. Good advice is, do what the rich people do.

[ownsilver]

What a great point, luckily I bought my physical silver long before when it wasn't cool to buy and hold silver, here's your chance to join the 1% club, keep stacking folks before the prices sky rocket

[plainboxer]

Stimulus checks went to precious metals. Do it again! I love it!

[RandomnessNI]

I think when it goes ahead we will end up with a bartering system people don't want others to know there business.

[Trukkface]

Silver and gold.
It's liquid in any country.
It's outside "the system".
Un trackable unless you buy the bars with chips.
It's GODs money

[Jeo_Momma]

My family has actually given silver dollars (grandparents to grandkids) since the 1950s. I'll start giving silver to my littles this year... A book and a silver dollar.

[jeffcauhape]

Another reason TPTB are not likely to confiscate gold this time around. Unlike silver, people who own gold bullion tend to be wealthy and well connected. If TPTB made it illegal or difficult to buy and sell gold, the would be p*ssing off people with political clout, and for very little return.

[kevintheweedman]

I gave my shipping dept (4 people) an ounce of silver for 0 shipping errors. They were excited! I will do the same for my picking and receiving dept in November. #silverinmystocking

[patrickconneely]

I'm worried. If they go the route of not letting you function in society without CBDC then those who refuse to use it will be forced to operate outside the rules and norms of said society to

[bobgriffith]

If you're buying gold and silver put it away and forget about it don't worry about it if it goes up or down or what's going to happen in the future because nobody knows that it's probably going to be something that nobody thought of that happens but I can guarantee you the gold and silver will be nice to have in the future just buy it and forget about it

[JSKgmail]

The Bitcoin crash will be devastating! Please consider selling or putting in stops now. Bitcoin has never seen a recession much less a depression.

[wuhanflu]

1/10th of an ounce of silver was a days pay. Imagine if silver returned to its historical price for thousands of years? At $100 a day would be $1000 an ounce.

[gracebest]

They already did that back in the 70s you could NOT buy Gold with dollars...it was NOT available. They will do that again.