Gold in a Cashless Society
A Dispatch from the War on Cash!
The war on cash is an extension of the war on gold. Enemies of your autonomy and financial privacy have made the elimination of cash a priority. Now one of the battleground countries in that war may be waving a white flag!
Sweden is having second thoughts. A leader in the war on cash, only one in ten purchases is Sweden is today made with cash. But in a world that seems on the edge of war and other crises, Swedish officials are start to see the advantages of cash for “safety and accessibility.”
The Swedish central bank now says, “Measures need to be taken to strengthen preparedness and reduce exclusion so that everyone can pay, even in the event of crisis or war.” The defense ministry has flooded the country with a brochure called If Crisis or War Comes. It urges “preparedness,” and urges people to use and keep a supply of cash.
Whatever the virtues of cash are compared to central bank digital currencies, the advantages of gold are much greater.
The US government has been at war with cash for some time. For example, it imposes burdensome and often quite ridiculous restraint on the use of cash, including needless reporting requirements and even a presumption that cash transactions are necessarily indicative of criminal behavior.
The total surveillance ambitions of the Deep State have been focused on eliminating cash for the same reason it opposes gold: both be used anonymously. That is a challenge to their imposition of China-like social credit control systems in which your ability to buy and sell, travel, and own property can be turned off by the flip of a digital switch to penalize independence of thought. Speak out? Your access to banking is over. Challenge authority? You can be forbidden from boarding a train or plane, from owning property, from access to courts. Along the way you can be fined or have your wealth stripped away from you unilaterally and without appeal.
Don’t overlook the risk of digital hacking or grid failure, as well. The reality is that in an age of widespread identity theft and large-scape computers hacking, cash may be a preferred way to protect one’s privacy from the prying eyes of criminals.
Bear in mind that the war on cash is only a harbinger of the State’s war on your financial freedom. It is an important advance warning. Nevertheless, cash is not as safe as gold. Currency call-ins along with cash with expiration dates are among the hazards of owning cash. Much better for the privacy advantages that are even superior to thoss of cash, but with additional freedom from state manipulation and wealth preservation, is gold.
To learn more about why gold keeps setting new highs and about the long historical record of gold in times of crisis, speak with a Republic Monetary Exchange gold and silver professional. Ask about a sensible plan to protect yourself and your family with the superior performance of gold and silver.