OleReynard
Well-known member
It's nice to be off the system, aye.Yesterday, I made the Big Leap.
My Red Witch and I cashed in my insurance annuity. Kept a minor amount of cash in the bank and got a Cashier's check made out to my LCD with the rest. Got some silver rounds, Valcambi fractional gold slabs, and junk silver.
I call it my Big Leap, because yesterday was the day I stopped stacking. I started when I bought my first Krugerrrands for $198 including vigorish. That was 1978, IIRC.
I am now off the "system". No mortgage, no debts. Dollars only kept for the Interim**
**Interim until dollars equal bolivars and pengoes.
For those with annuities, or savings in banks or mattresses, know this:
The US Federal Debt-to-GDP Ratio:
34.74% in 1960.
54.91% in 2000 <-- Notice the 20% baad rise in forty years.
But now, Pilgrims, we come to the crashing end of the US Dollar :
122.17% <-- The Federal debt exceeds the GDP!!
Source: https://www.usdebtclock.org/
The Old Guy has told you. Are you Listening with a capital "L"? How much time do think you have?
I've been that way for 8 years now