Is This Just The Start?
Bleyer Bullion
Bleyer Bullion is the South West of England's premium bullion service serving the whole of the UK and beyond.
Just a few weeks ago, close to?ten million Canadian Dollars raised by The Freedom Convoy, Canadian Truckers, protesting against mandatory vaccination, were seized by GoFundMe, amid reports of sporadic, alleged violence.
It reported that ‘In a statement on Friday, GoFundMe said the demonstrations were peaceful when the fundraiser first started but had since violated their terms of service prohibiting the promotion of violence and harassment.’
As a result, GoFundMe announced, “No further funds will be directly distributed to the Freedom Convoy organizers – we will work with organisers to send all remaining funds to credible and established charities verified by GoFundMe.”
Now I have no political opinions on whether GoFundMe were right or wrong in their actions, just as I have no knowledge about whether the alleged violence actually occurred but this raises the question, how real is the threat of censorship and control over people who rally and oppose mainstream beliefs?
And what are ‘mainstream beliefs’, and who decides what they are??There have been some excellent propaganda agencies formed over the years in many countries, that have carefully guided large sections of people to believe ‘the party line’.
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Is Digital Money Beneficial?
The control over your digital money is growing.?This article published in 2020?explains how this could develop in the US and?another recent article from January 2022?reveals that 90 countries, including the UK, are looking into this.
A digital dollar or pound would give a much higher level of control to those respective governments, a quite irresistible prospect for them, with little benefit to the likes of you or me. Every transaction in your bank would be available for them to see, including any money coming in from whatever source. Your account would be completely transparent and more importantly, not in your control.
As pointed out in the investorplace.com article, initially this would sit alongside physical cash but the ultimate aim would be to eventually have a cashless society. Everything would be a digital transaction, taken from a digital wallet, which we currently see on watches and smartphones.
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So How Can You Combat This?
The article from Investorplace.com makes the point that Gold, a physical asset that will remain in your control, should be seriously considered as an alternative option to building, and keeping your assets.
Investing in precious metals is an affordable way to build a tangible asset that is completely within your control. It’s not difficult or expensive to start and can be slowly built up over time. In the case of Gold in the UK, it’s also mostly free of tax – you pay no VAT when you buy and UK legal tender coins are Capital Gains Tax (CGT) free when you sell.
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Gold, Silver, Platinum and other precious metals are the stable investment alternative to intangible, digital money. These metals are not only inflation proof, (currently forecasted to rise to 6%) but can also appreciate against our currencies.