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What does it mean to become a millionaire ?
- You don't need a tag of "millionaire"
- You want to
* buy what a million can buy
* at the time you want to buy
Time for a THREAD to show
Why you need to be in hard assets like
- Gold
- Silver
- #BTC
Let's talk
- You don't need a tag of "millionaire"
- You want to
* buy what a million can buy
* at the time you want to buy
Time for a THREAD to show
Why you need to be in hard assets like
- Gold
- Silver
- #BTC
Let's talk
1. USD global standard.
Whichever part of the world you are in,
Whatever you do for a living,
Chances are you are most likely paid in your own currency.
Like
+ USD,
+ INR, EURO, YEN etc...
The prices of what you buy with them always go
Contd
Whichever part of the world you are in,
Whatever you do for a living,
Chances are you are most likely paid in your own currency.
Like
+ USD,
+ INR, EURO, YEN etc...
The prices of what you buy with them always go
Contd
2. This means that more of your units are needed
to buy the same goods because of "inflation"
everyone on money twitter preaches investing to make more.
USD is the global reserve currency
That's just a fancy way of saying,
whole world accepts USD for business.
Contd
to buy the same goods because of "inflation"
everyone on money twitter preaches investing to make more.
USD is the global reserve currency
That's just a fancy way of saying,
whole world accepts USD for business.
Contd
3. Which means to do business outside your country,
People have to
- Sell their currency
- Buy USD
Result --> USD always in demand.
NOW USD is
- NOT backed by GOLD
- backed by trust of US Govt.
- backed by authority of Fed Reserve.
People have to
- Sell their currency
- Buy USD
Result --> USD always in demand.
NOW USD is
- NOT backed by GOLD
- backed by trust of US Govt.
- backed by authority of Fed Reserve.
4. Federal Reserve is neither
+ Federal NOR
* has any reserves.
They print $$ out of thin air and let it flow through
- the global banking system
- all across the world.
WHY AM I TELLING YOU ALL THIS ?
Simply put
- Value of YOUR money is dependent on USD.
+ Federal NOR
* has any reserves.
They print $$ out of thin air and let it flow through
- the global banking system
- all across the world.
WHY AM I TELLING YOU ALL THIS ?
Simply put
- Value of YOUR money is dependent on USD.
5. Now let's talk about a thing called
"Competitive Devaluation"
WTF ?? Can you simplify it for us please:
It literally means
---> Who can't print their currency faster
---> kill it's purchasing power faster.
That's what it's all about.
Every country CB is DOING IT.
"Competitive Devaluation"
WTF ?? Can you simplify it for us please:
It literally means
---> Who can't print their currency faster
---> kill it's purchasing power faster.
That's what it's all about.
Every country CB is DOING IT.
6. That's mainly why we love to
"invest" our money in
- Stocks
- Bonds
- Currencies
- Commodities (We will get to this shortly)
In this current env,
all fundamentals are OUT OF WINDOW.
They are going up because
---> Trillions printed are going into the list above.
"invest" our money in
- Stocks
- Bonds
- Currencies
- Commodities (We will get to this shortly)
In this current env,
all fundamentals are OUT OF WINDOW.
They are going up because
---> Trillions printed are going into the list above.
7. Currently
1. Federal Funds Rate: 0% till next few years
Means value of creating money is 0.
2. Fed BS: 7 Trillion.
3. USD Supplied to whole world through swap lines.
If you don't know what swap lines mean,
It's just Fed sending USD to other CBs across world.
1. Federal Funds Rate: 0% till next few years
Means value of creating money is 0.
2. Fed BS: 7 Trillion.
3. USD Supplied to whole world through swap lines.
If you don't know what swap lines mean,
It's just Fed sending USD to other CBs across world.
8. USD has lost 99.6% of value since 1913 when fed was created.
Meaning $1 from 1913 = $0.04 in 2020
NOW that rate is going to SPIKE EXPONENTIALLY.
Meaning there are higher chances:
Rate of currency devaluation >> Rate of Return
Meaning $1 from 1913 = $0.04 in 2020
NOW that rate is going to SPIKE EXPONENTIALLY.
Meaning there are higher chances:
Rate of currency devaluation >> Rate of Return
9. Other way to say this:
USD in current form is designed to go to
"ZERO" in terms of purchasing power
I know what you are thinking
WTF do i have to do with this.
My answer is
- You can sell million gumroad e-books
- Make $$ in stock market
But that can't be the end.
USD in current form is designed to go to
"ZERO" in terms of purchasing power
I know what you are thinking
WTF do i have to do with this.
My answer is
- You can sell million gumroad e-books
- Make $$ in stock market
But that can't be the end.
10.
With their speed of printing,
YOUR
- 9-5
- Typical investing returns (with exception of few stocks)
- Even side hustles
won't be enough if you are not ending up in
HARD ASSETS.
Hard Assets are
- Scarce
- Decentralized
- Hard to create or inflate more
With their speed of printing,
YOUR
- 9-5
- Typical investing returns (with exception of few stocks)
- Even side hustles
won't be enough if you are not ending up in
HARD ASSETS.
Hard Assets are
- Scarce
- Decentralized
- Hard to create or inflate more
11.
This is why going to back to the first post is
Your million might become worthless at time
You want to use it.
If you have those millions in
- Gold
- Silver
- #BTC
They will either be same or more than to start with
These assets will SUCK $$$ created.
This is why going to back to the first post is
Your million might become worthless at time
You want to use it.
If you have those millions in
- Gold
- Silver
- #BTC
They will either be same or more than to start with
These assets will SUCK $$$ created.
12. Now amongst these 3.,
Gold -- > Mcap 5 Trillion
Silver - most undervalued asset (44 Billion)
#BTC - 170 million
Max 21 million.
They can't perform fuckery to inflate it to 210 million.
Okay, I have nothing against other 5000 cryptos as well.
Contd..
Gold -- > Mcap 5 Trillion
Silver - most undervalued asset (44 Billion)
#BTC
- 170 millionMax 21 million.
They can't perform fuckery to inflate it to 210 million.
Okay, I have nothing against other 5000 cryptos as well.
Contd..
13.
If you believe in other 5000 cryptos,
go for it.
Basically summary is:
You need to
---> BE IN A NON-CENTRAL BANK CREATED ASSET"
This includes
- Gold
- Silver
- #BTC
- Real Estate
- Art
- Wine (if you are into this)
- Even Cigars ( You can smoke it, i know)
If you believe in other 5000 cryptos,
go for it.
Basically summary is:
You need to
---> BE IN A NON-CENTRAL BANK CREATED ASSET"
This includes
- Gold
- Silver
- #BTC
- Real Estate
- Art
- Wine (if you are into this)
- Even Cigars ( You can smoke it, i know)
14.
Finally depending on which part of the world you are in (outside US),
Make sure to choose any of these in the order from least to best.
- USD
- Silver
- Gold
- #BTC
For those in USD,
As much as you can,
GET OUT OF USD
Have some for expenses BUT don't SAVE these.
Finally depending on which part of the world you are in (outside US),
Make sure to choose any of these in the order from least to best.
- USD
- Silver
- Gold
- #BTC
For those in USD,
As much as you can,
GET OUT OF USD
Have some for expenses BUT don't SAVE these.
15.
They will inflate the SHIT OUT OF IT.
The last thing you want to do is to get that
"Million" buy 10,000 worth of goods.
That's it.
Thank you for reading.
I hope this gives you WHAT to do to preserve that hard wealth
we have hustled for our families.
They will inflate the SHIT OUT OF IT.
The last thing you want to do is to get that
"Million" buy 10,000 worth of goods.
That's it.
Thank you for reading.
I hope this gives you WHAT to do to preserve that hard wealth
we have hustled for our families.
16. If you like this,
Give it a RT.
That's all for today.
I will see you next time to ways of saving & building wealth.
Cheers.
Raj out.
Give it a RT.
That's all for today.
I will see you next time to ways of saving & building wealth.
Cheers.
Raj out.
