- the source for market opinions


March 10, 2022 | Just to Let you Know Shortages of CASH Developing & Silver

Martin Armstrong

Martin Arthur Armstrong is current chairman and founder of Armstrong Economics. He is best known for his economic predictions based on the Economic Confidence Model, which he developed.

I went to the bank for other reasons, and since I was there, I asked for 10k in cash. They said I had to order it. I asked what they could give me, and they replied that there was a limit of 2k. I said I just wanted the cash in case of power grid failures, cyberattacks, and war. The bank teller said that is why everyone is asking for cash these days.

Then speaking to bullion dealers, they said people are coming in to sell their silver bullion coins from Russia. They said people are panicking and do not want to have silver bullion. Quite astonishing, if I do say.

I then ran and bought a spare laptop just in case for as this all continues, chips will vanish, and computers will end up like cars — selling for over list when you can even get them.

STAY INFORMED! Receive our Weekly Recap of thought provoking articles, podcasts, and radio delivered to your inbox for FREE! Sign up here for the Weekly Recap.

March 10th, 2022

Posted In: Armstrong Economics

Post a Comment:

Your email address will not be published. Required fields are marked *

All Comments are moderated before appearing on the site


This site uses Akismet to reduce spam. Learn how your comment data is processed.