The Fed is launching a test of a Digital Dollar. A Digital Dollar will lead to more centralization and control, says Robert Kientz, founder of GoldSilverPros. All transactions via the Digital Dollar could be tracked and recorded. The Digital Dollar would allow the government to control what purchases people could and could not make. He notes bail-ins could become built into the system. When people are forced into the Digital Dollar system, Kientz expects to see extreme volatility in metals and a rush into bullion.
Silver and Gold has been red hot as the Fed continues to print massive quantities of money. San Francisco issued a statement that it will pay 1,200 a month for anyone that becomes transgender. More cash flowing over to Ukraine and high interest rates. Dollar continues to lose its value As DXY continues to drop. The real question is how the Feds will get people to use the digital Dollar if everything is “fine”.
What will you do to preserve your wealth as digital dollar is being launched?