Thank you for your willingness to share wisdom. I have a question maybe you can answer: For someone who doesn't have enough to set aside 6 months expenses what would you recommend to do in order? Food pantry, learning skills, setting aside cash, paying down mortgage, etc. Thx so much, God bless your family.
What you think about storing Precious metals in Private vaults like Zurich. The vat is too expensive to take delivery and Ireland does not trade in 1,000 oz silver bar. Hoping I'll be able to continue paying the storage fees. A video on storage and fees would be great. Thanks.
Thanks for the real world examples of hyperinflation. My husband's family has rental properties, so I always had some concerns about what that will look like during hyperinflation.
I think the government will pause rent as a form of relief. This will mean landlords will have a huge problem if their tenants do not have to pay and the landlord cannot evict.
Arpad, i have a small lot of land (quarter acre) in another state that I'm holding onto since i don't need the cash right now. I wonder if i should sell it now or wait to see if it increases in value. I have already stockpiled all the food i have room for, plus gold and silver. If i sold it, the money would be at risk in a bank. So would i be better off with extra money or land? I'm in USA.
Holding physical silver, American Silver Eagles and pre 1965-90 percent would be the median of exchange for goods/services. I discourage bars/rounds because those you would need to sell to a dealer as they are not legal tender.
Unless I would need to money for something now, i would not sell property. Unless I would immediately buy income producing property with it I would not sell. But everyone need is different.
Arpad good day buddy, look to be honest with you I have no fully understood this episode. Sorry I don't have any house or land, because too unaffordable. So my only solution will be to rent what will be the situation for renters as me during hyperinflation?
Our collapse will be different, in his collapse there was a country that still used currency. If the collapse happens in America then gold and silver will be king, but a new form of currency(scam) might come I think it might be some crypto, but I’m only stacking silver
No only gold and silver, because if the currency collapses there is a verse in the Bible that the economic ninja read about one day people will toss everything into the streets and he read it as everything will become worthless
Never forget that your videos get more viewers than CNN!
This was valuable information. I appreciate your real life experience and also your calm any demeanor which helps me remain calm😊
Great advice as always
Thank you Arpad. ✝️🙏
Very interesting
Thank you for your willingness to share wisdom. I have a question maybe you can answer: For someone who doesn't have enough to set aside 6 months expenses what would you recommend to do in order? Food pantry, learning skills, setting aside cash, paying down mortgage, etc. Thx so much, God bless your family.
I would say food and a way to produce it would be the best bang for the buck. Would be interesting to see what Arpad says.
Things are so crazy
What you think about storing Precious metals in Private vaults like Zurich. The vat is too expensive to take delivery and Ireland does not trade in 1,000 oz silver bar. Hoping I'll be able to continue paying the storage fees. A video on storage and fees would be great. Thanks.
Thanks for the real world examples of hyperinflation. My husband's family has rental properties, so I always had some concerns about what that will look like during hyperinflation.
Paying TH-cam rent with a comment
Much appreciated
Do you still in our current situation think/keep track of things in months of wages?
Holding physical silver, Coin of your realm is key.
I’m a gram gold guy instead of silver…
I think the government will pause rent as a form of relief. This will mean landlords will have a huge problem if their tenants do not have to pay and the landlord cannot evict.
Interesting.... I think gold may be the best bet today, since the world's currencies are all losing purchasing power. Global hyperinflation.....
👍
Arpad, i have a small lot of land (quarter acre) in another state that I'm holding onto since i don't need the cash right now. I wonder if i should sell it now or wait to see if it increases in value. I have already stockpiled all the food i have room for, plus gold and silver. If i sold it, the money would be at risk in a bank. So would i be better off with extra money or land? I'm in USA.
Holding physical silver, American Silver Eagles and pre 1965-90 percent would be the median of exchange for goods/services. I discourage bars/rounds because those you would need to sell to a dealer as they are not legal tender.
Unless I would need to money for something now, i would not sell property. Unless I would immediately buy income producing property with it I would not sell. But everyone need is different.
@@StarPathAcademy Thank you so much ! 💓
Only global assets offset inflation fully, assets like $GOLD, $SILVER, $BTC, quality global stocks.
Arpad good day buddy, look to be honest with you I have no fully understood this episode. Sorry I don't have any house or land, because too unaffordable. So my only solution will be to rent what will be the situation for renters as me during hyperinflation?
I am so confused
Would farm equipment be considered a asset? Just gold silver and bit coin?
Our collapse will be different, in his collapse there was a country that still used currency. If the collapse happens in America then gold and silver will be king, but a new form of currency(scam) might come I think it might be some crypto, but I’m only stacking silver
No only gold and silver, because if the currency collapses there is a verse in the Bible that the economic ninja read about one day people will toss everything into the streets and he read it as everything will become worthless