(Jeff Thompson) Another day, another dollar. Unless, of course, you live in the United States. If that’s where you’re at, you are now living in a country that’s run out of money. Why? Because we’ve officially run out of silver.
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by Jeff Thompson, March 24th, 2022
And now, we’re seeing this once again.
According to the Deputy Director of the US Mint, Ventris C. Gibson (nominated for her position in December 2021 by Biden), this current silver supply problem is due to a shortage of silver blanks within the US.
She said, “We’ll be required to make business decisions like this until the supply chain for silver blanks recovers from the disruptions caused by COVID.”
Let’s analyze this.
If it’s just a shortage of blanks, why can’t we just melt down some more silver bars, chains, ingots, and other forms of bullion to make more blanks? The reason? Because we don’t have any of that silver to do so. We are out of silver. Of course, that doesn’t sound anywhere near as innocent as a shortage of silver blanks caused by COVID disruptions, right?
And what are the ultimate reasons why there are “supply chain disruptions” in the silver supply? Because everybody has been buying it up. Why has everybody been buying silver up? Because 2020 caused people to realize that society is fragile, and the US dollar, a fiat currency, is as well.
Here’s a pretty good video that will show you that the American dollar very well may be at the end of its lifespan.
Gibson went on to add, “I want to be ensure [sic] that our customers know that the modern renditions of the historic Morgan and Peace Silver Dollars will continue next year.”
But can we really believe that?
After all, we’ve been facing a serious silver shortage for the third year in a row. Why should we expect things to be any different next year? Because of a promise?
As we’ve discussed before here at The Organic Prepper, 80% of the US dollar supply was printed within the span of two years. Naturally, the price of everything has skyrocketed as a result. Food has gone up, gas has gone up, physical goods – everything.The dollar is worth less, and it results in more dollars being necessary to purchase the same number of goods.
People then see this and attempt to protect their finances by putting their money into what they believe to be as “safe” investments. Land, vehicles, precious metals. If you see the price of any of these three items skyrocket in a nation, you have a fairly good indicator that something strange is going on. It’s evidence that people are trying to protect their money. The people clearly believe that there is an incoming threat, and are doing what they can to fortify themselves against it.
And this is exactly what you see right now in the United States.
The price of land is astronomical right now. Used car lots are having a difficult time even finding product. Nobody wants to sell. And even our Mint has suspended minting more silver coins due to their not being enough silver to do so.
Americans currently see a problem and are responding.
It appears that the US dollar is in for some very serious trouble in the near future. The petro-yuan will replace the petro-dollar (something this guy predicted in 2017). Debt accompanies war, and it looks as if we are gearing up for one on a global scale. And now we’re having a heck of a time getting precious metals out there.
What comes next?
Are precious metals part of your prepping strategy? Is this a sign of worse economic things to come? Let us know your thoughts and comments below.
*None of this is financial or investment advice. If you are seeking financial or investment advice, find somebody else.*
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About The Author
Jeff Thompson is an avid fisherman who likes to spend time sailing on his boat and reading while at sea.
Stillness in the Storm Editor: Why did we post this?
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– Justin
Not sure how to make sense of this? Want to learn how to discern like a pro? Read this essential guide to discernment, analysis of claims, and understanding the truth in a world of deception: 4 Key Steps of Discernment – Advanced Truth-Seeking Tools.
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