The MSM is working hard to let everybody know there’s no alternative to the US dollar.

But don’t take ‘Ol Half Dollar’s word for it, see for yourself from the mainstream media’s favorite financial website:

Trader’s just can’t get enough of the dollar!

Only, that’s not really what’s going on at all, and the MSM knows it.

Recall this little truth nugget from Alan One-Foot-In-The-Grave-And-Now-Repenting Greenspan from six years ago (conveniently started at the correct time stamp):

It’s gold that has no equal, according to somebody with a little more credibility than a mainstream media propagandist.

Greenspan doesn’t have a whole lot more credibility than an MSM propagandist, but still, at least his credibility is a positive number, albeit the closest number to zero one can possibly get before actually having zero credibility.

Why?

Well, he’s a Traitor.

That’s why.

He is a Traitor because he knows the truth yet his policies were all lies.

He is a Traitor because he has personally helped kill millions of savers around the world, including a good many right here in the USA, by means of financial repression in the form of currency debasement and falling interest rates.

If you didn’t tune-in to that little video clip above, that’s understandable, because it is hard to stomach, but here’s exactly what Alan Greenspan said, exactly as he said it (bold and bold added for emphasis):

“Gold is a currency. It is still by all evidences the premier currency where no fiat currency, including the dollar, can match it. And so that the issue is if you are looking at a question of turmoil, you will find, as we always have in the past, it moves into the gold price.”

So the dollar has no equal, huh?

Ha!

That’s too funny.

The real question is, does gold have an equal?

I think gold does.

For the US Constitution does in fact require a bi-metallic gold & silver standard.

So yeah, I kinda look at silver as being equal to gold.

Why does it matter?

Well, unless you’ve been self-quarantining for the last month with no access to modern telecommunications, it’s the freakin’ end of the world as we know it.

It’s TEOTWAWKI baby!

It’s one of those world altering events where, going forward, conversations dwelling on the past will be qualified in “pre-Covid-19” or “post-Covid-19” terms.

OK, “Hey Half Dollar, it sounds like you get off on this stuff you sicko!”.

Oh.

Sorry.

Yeah, it probably does seem that way because Covid-19 is the best thing that can happen to the global monetary system.

You see, no government or central bank in the world will do what’s good for the world, let alone will any one government or central bank do what is good for its own people, which, in either circumstance, first and foremost, and above all else, is to go back to honest, sound money – gold & silver.

Nonetheless, they’ve sparked off a crisis that will likely trigger the economic collapse, globally, and they have the hubris to think that not only can they control the collapse, but that they’ll be able to transition the world into their next unbacked, debt-based fiat currency paradigm.

I don’t think they have the control, or the ability, but I do think that they will surely try.

Either way, this collapse is what is needed to get from here to the bi-metallic gold & silver standard.

The question is, how much chaos and turmoil will we go through before we get there?

If the risk of pandemic is real, as I’ve been saying all along, then then it will be something that nobody alive today has ever experienced.

Think WWII, but worse, because instead of bullets, it’s a virus.

And instead of a Nazi Blitzkrieg in certain areas of the world, it will be global.

Seriously.

Gold, silver and skills.

Get some.

We might as well start out with King Dollar:

It looks like an arrow made it through the armor today.

If you’re a holder of US dollars, in my opinion, then now is the time to take advantage of them and turn them into real things before it’s too late.

Old Silver Certificates are cool.

$100,000,000,000,000 Zimbabwe notes are cool.

Dollars with Stevie’s vile signature on them are toilet paper.

Yield on the 10-Year Note didn’t quite hit a new 52-week low:

The bottom does look like it’s about to fall out, however, and at the rate we’re going, we’ll likely take out the 2016 all-time-low before February’s over, and we’ll quite possibly take it out next week.

The stock market looks primed for a crash, and the stage is indeed set for it:

A few people on the inside know when they’re going to pull the plug.

Everyone else, however, will be financially devastated.

It’s maximum pain coming to the United States in the form of economic misery and financial ruin, with a sprinkle of Covid-19 thrown in for good fun!

The VIX is waking up:

It looks like a hard break to the upside is coming, especially going off of just the raw technicals, not that charts really matter a whole lot at this point.

The fear on Main Street is going to spill over into fear on Wall Street with a vengeance.

Just how bad will it get?

Well, let’s just say that in my opinion, the economic contagion is now spreading faster than the actual coronavirus itself.

With a specific example from New York City discussed in today’s live-stream, we can clearly see that localized financial devastation has already begun, even though there are zero cases of coronavirus infection in New York.

Copper is consolidating at $2.60:

The double-bottom has held, but it does look like the red metal wants to rollover here.

Cooper is one of those underlyings we need to watch to understand if monetary inflation is having more of an impact on price than the drop in demand is having.

We should watch crude oil in a similar way:

Because there is no doubt that global demand for oil will fall as cargo ships don’t set sail, airplanes don’t take off, cities come to a standstill, and factories shutter.

And yet if the price keeps on rising?

Yikes!

Add on top of that any Middle East fear premium because, oh, say, some bombs start dropping on unsuspecting evil terrorists?

Double yikes!

Palladium is consolidating at $2600:

Palladium is on fire!

Meanwhile, deeper pocketed investors have a nice little dip-buying opportunity in platinum:

It’s unlikely they can make platinum look like just a regular old industrial commodity.

Why is that?

Well, one of the consequences of governments and central banks around the world in letting the cryptos run at the end of 2017 was that people started thinking of what money is, and what money is not.

And it’s safe to say that at least a few of those people have come to realize that platinum has all of the characteristics and properties needed to be money.

The gold-to-silver ratio popped slightly because gold was just so boss:

The gold-to-silver ratio didn’t pop for the stacker friendly reasons of lower prices if you’re getting in on the gold-to-silver ratio arbitrage with dollars, but when silver’s priced in gold, it is stacker-friendly, and with the ratio near 90 and silver still priced in the teens a couple of months into 2020, it really is the gift that keeps on giving.

Just understand that it won’t keep on giving for long.

And it will end with very little warning.

Silver looks ready to break-out to the upside:

Silver looks like gold did right before gold took off this week.

Bullish!

Gold has broken-out:

Gold’s broken out despite a dollar with “no equal”, other than every other fiat in history.

The bottom line as we find ourselves here this beautiful Friday in late February?

Economic contagion will hit most places before the coronavirus will.

It’s called “the end of the world as we know it” for a reason.

Whether we want it to come or not’s beside the point.

It’s not a choice, so we might as well like it.

If you have gold, silver and skills?

Then help in the rebuilding.

But if you have none?

Then good luck!

Ain’t no doubt.

That you’ll.

Need.

It.

Stack accordingly…

Article written by Paul “Half Dollar” Eberhart for Silver Doctors