Guest Post: Ross Powell – The Sound Money Schism – Cryptocurrencies vs. Precious Metals

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If you’re reading this then you are likely aware of the predatory nature of our global monetary system of central banks, fiat currencies, derivatives, and criminals. In case you haven’t been red-pilled on the absolute robbery that is our current governmental and financial architecture, then please take the time to educate yourself about these topics. Those looking for a place to start can read The Creature from Jekyll Island by G. Edward Griffin, watch Eric deCarbonnel’s video series on the Exchange Stabilization Fund, or simply try this elegant researching tool.

Now back to business. It’s time for sound money advocates to stop acting like children.

How many times have we seen the same old boring arguments played out in the same old infantile fashion? We get it. Some people view cryptocurrency as a bubble blowing mania doomed to fail. Others view precious metals as being archaic. But everyone generally agrees that the fiat ponzi scheme is a nightmare that seems bizarrely difficult to awaken from.

Yes, the fraud, deceit, manipulation, and psychopathy are endlessly frustrating. Yes, the system is coming to an end. Yes, there are all sorts of obstacles and dangers that create a heightened sense of alertness, stress, and anxiety. Yes, justice has not yet been meted out. Don’t fall victim to the trap of justified bitterness – particularly when your assets of choice aren’t performing as you imagine they should.

Cryptocurrency is a scam! Ok, don’t own any. Gold isn’t convenient enough! Ok, don’t own any. Silver is a loser! Ok, don’t own any. Educate yourself, develop a thesis, put together a plan, and execute the plan. If it doesn’t work: fix it. If it works: make it even better.

The talk of a looming civil war in the crypto space may turn out to be hyperbolic – we should be used to such chatter in sound money land. BIP 91 could be locked in this week, but that alone won’t be the end of the debate over scaling and improvement of bitcoin protocol and blockchains in general. On one hand it is desirable and appropriate that people make the strongest possible case for their viewpoints, services, and tools. However, the vitriol that often boils over these days is almost always counterproductive. Call out the scammers who discredit the community, but don’t tear someone down because of a difference of opinion. People have been getting things wrong since the dawn of time and will continue to make mistakes. They will bear the responsibility. Let’s direct our braggadocio and disparagement toward those who actually deserve it: beginning with the criminal bankers.

It’s almost comically absurd to see the sound money community espouse emancipation from the current systems and a restoration of liberty while at the same time castigating anyone who disagrees with them about their investment strategy.

When the metals get beaten down, the coinheads pile on. When the cryptos get sold hard, the metalheads pop off. When both get ransacked, everyone chews each other to pieces. Don’t we have bigger fish to fry at the moment? Perhaps once we get the banking cartel out of the way we can get back to squabbling over the spoils. Even if you consider other sides of the sound money crowd as your enemy, now is the time to step up against a common foe.

There will obviously be disagreements in tactics given the distributed nature of the community, but the meme war against CNN demonstrates that even people with drastically different approaches can contribute to an effort to sway the hearts and minds of the public. What a time to be alive when institutions crumble to an onslaught of pop culture references with crudely superimposed images. We have access to incredible persuasive and informative power of a similar sort that can disrupt the status quo, and yet we spend our hours, days, and weeks assassinating the character of those in our own community. The Luciferian globalists shouldn’t be treating their own better than we do.

I thought we were supposed to be awake…

We are in a chaotic time of dramatic disruption. Anyone who claims to know exactly how the next decade will play out is either a prophet or a fool. Develop a portfolio and a set of strategies that are both robust and anti-fragile. Come up with different cases and understand how you would respond. I guarantee that everything isn’t going to occur how and when you think it will.

Invest your time in efforts to broaden awareness, perform research, develop strategies, communicate effectively, and build solutions. Let’s stop with the trivial toddler trash talk and get back to working on the things that actually matter. It is only by presenting a unified front against the ongoing paper ponzi organized by the Fed – and all the other central banks up through the BIS – that we can gain the attention and awareness of the broader public so that sound money can control the narrative when the current scheme runs down what little remains of its confidence capital.

The sound money community right now is weak when it most needs to be strong. If we devour ourselves in this moment then when the ongoing economic transition goes full throttle other more organized and unified interests bent on control and domination will act with the deliberate decisiveness necessary to seize influence and power.

Let’s put aside these childish things and make a real difference, shall we?

Ross Powell is the Founder of Survival 401k, LLC. He graduated from the University of Texas and is a veteran Naval Officer.  Ross worked in banking and finance for almost 30 years including some of the largest banks and insurance companies in the country. His intimate knowledge of the inner workings of financial institutions helps him direct clients into Solo 401k products to take control of their retirement funds and escape the pitfalls many see in modern Wall Street centric retirement portfolios. He can be reached through http://survival401k.com/.

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