Pimpy's Investment Chat
Jul 5, 2020
One of the things I talk about is the change in Monetary systems. It’s happened in the past. It’s a fiat currency reserve thing…..They switch them. They have a life cycle.
Portugal was the reserve currency for 80 years. Spain for 130 years- they were the reserve currency . Netherlands- 80 yrs. France was 95 years. Britain was 105 years and now we the US are the reserve currency which makes us one of the most powerful currencies…..but they have a life span and every time they move from one reserve currency to the next something major happens. Whether it’s a world war or some type of pandemic (believe it or not) . This has happened more than once.
As you can expect our current fiat currency system is about to expire. Meaning that we will be moving into the next “whatever” monetary system. Every time this happens we see big jumps in Gold and silver value.
Notes from Dinar Recaps
https://www.youtube.com/watch?v=5chDfIwDGoM
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