Thanks for your inside, maybe you are right, and for sure no one should put all his assets into one basked, spread the investment.
Are we talking asset protection here, or war & famine? Cyprus scores bad in both counts. Georgia a bit better for both asset & personal safety. If we leave out the NATO deterrence, Russian tanks could run over countries like Latvia or Estonia in 48 hours. Georgia takes more time, as mountains slow down logistics & favor the defender.
Besides Fault Lines, Brzezinski talked also about Youth Bulges causing conflicts. There is none in Georgia's immediate neighborhood, except maybe a tiny one in Russian Chechnya. Middle East & its vicinity seems to be like Australia - permanently on fire. There's your epicenter. It might swallow even a place like Dubai.
. If conflict breaks out in middle east airspace closes and those ex-pats in UAE would be stuck in hell.I mean for like business, asset protection, etc. Not some doomsday scenario like WW3 or nothing. BUt as an outsider looking in, why would you want to put your money in a bank in Cyprus with the bail ins? To me it would be like saying put your money in Greece or something. Georgia is pro-business, so I kind of see it but with Russia invading Georgia and Ukraine, to me I'm having trouble seeing why would someone want to put their money in a country where the Russians literally invaded not even 10 years ago.
A war fought 11 years ago is spilled milk. Sure, there could be a 2nd round, but Russia is kind of busy now in Ukraine and Syria. I'm more worried about massive construction projects that could fail and damage the banks. Also, a lot of Azeri oil money gets laundered in Georgia. If banks are forced to clean their act, small clients get thrown under the bus first.
Totaly ok whit that. When you buy a diamond is for "ever".
Because you never get rid of it. And if it's mounted on a jewel it's even worse. To get trade with diamond is with loose diamond and in sealed methacrylate box and with HRD certificate from Antwerp. The store price can be around 13K for 1 carat, a high purity like VVS1 color F / G / H, very good polish, etc.That got me thinking, if the Fin system truly went to s**t, things like livestock and cows and produce type commodities like oranges and avocados would probably be worth a whole lot of money. You can sell cows anywhere from the stock exchange to rural auctions that occur everywhere, people will still buy food. The great thing is, much of this type of ownership can be hard to track if you set things up correctly. You can put your land in an anonymous corp, or simply do a 99 year lease, so the ownership is unknown.Totaly ok whit that. When you buy a diamond is for "ever".
The wholesale price, the Rapaport will estimate it at 7K, and the trader who is going to buy it will offer you 3K. Therefore it is a brutal loss of capital. In the case of a financial crack, it is better to invest this capital in non-perishable food products or a small food production farm that will be the only thing that will have an exchange value
But forget diamonds.
I agree, but if all the world's Guros speak the truth it will only go one way, and that's up. If the world lost their faith in the regular financial markets they seek alternatives.
Yes, but WHY should that ALTERNATIVE be Bitcoin? Again, the answer is unknown. PS: Screw gooroos and other pot-heads...reality and absolutes are the only way forward, always.
if people lose money they will sell their bitcoin to get money to live, which will drive the price down massively and if it last it will affect the bitcoin miners which will have to sell more bitcoin which will bring the price even lower lol.
Why would that be better then bitcoin in this case. If people don't want bitcoin why do you think they would keep Monero?
who would want to sell BTC and what would they want in exchange? collapsing fiat or restricted gold?
