Build Financial Capital
As detailed in the Crash Course, financial wealth is merely a claim on real wealth. As our current monetary experiment plays out, people will find the purchasing power of their currency severely reduced. This is why it is so important to have as much primary wealth as possible.
To make matters worse, if events play out as detailed in the Great Taking, you may wake up one morning to find ownership of your stocks, bonds, and bank accounts having been transferred to the elite banks. There are simply too many claims on underlying assets for it to work out, and you can bet the game is rigged in their favor.
This is why we're such fans of owning gold and silver as a key component of any resilient financial portfolio. And we don't mean "paper gold" ETFs. We mean physical gold. To learn more details around how we recommend you structure your portfolio, visit our Buying Gold and Silver Guide.
For owning physical gold and silver, we recommend vaulting services that allow you to trade online but take physical delivery as soon as you need it in your hot little hands. GoldCore is our preferred vendor.
If you own a traditional retirement account, we recommend you move towards a self-managed option that allows you to keep non-traditional financial assets inside of that account. Our preferred vendor for this is eQRP, and we can't recommend them highly enough.