The imminent train wreck is picking up speed and your life's
savings will soon evaporate overnight if you do nothing! You won't like
hearing this but least of all will you enjoy living through it! The
Central Banks control the timing but the next big financial crisis has
already been put into motion.
Today nothing makes sense! The stock
market is at an all time high of 15,000 and expected to reach 16,000.
Yet the U.S. produces nothing and has a negative G.D.P. National
retailers report dropping sales and announce record numbers of store
closures and bankruptcies are increasing. Savings are at an all time low
and the number of dependent citizens increases monthly. Interest rates
have been held at zero with housing interest at their lowest rate ever
yet housing sales and starts show declines. Unemployment numbers are at
the highest level since the Great Depression and yet we are told all is
well and improving. We have a massive bull market in the United States
and China brought on by the massive printing of electronic dollars by
humongous banks in corrupt dealings using algorithms controlled by the
Federal Reserve. No longer are equities and precious metals relative to
the economy. Isn't it obvious to an intelligent human that the economy
is not recovering but that a collapse of the world's economy is
imminent?
Ignore what happened in Cyprus at your peril! Cyprus was
but a test run of the new financial regulations of the E.U. and M.F.
Global will work the same magic in the United States. Get your money out
of the banks before it is stolen! Has anyone received one of the new
$100 bills now due to be released later this year? No because they are
being stockpiled for a reason. Banks will exchange these new $100 bills
for $200 worth of your old fiat bills just as in 1933 when $20 gold was
exchanged for a $20 fiat bill! If you had been attempting to move your
dollars to other countries in the past year you have been paying a
sur-tax on those dollars since Jan. 2012. The Central Banks have been
pulling down the amount of actual paper U.S. currency on the world
market while flooding the market with electronically generated computer
dollars.
New Dodd-Frank Financial Reform Act and similar
regulations passed by England, the E.U. and other developed countries
did not protect the consumer. In fact just the opposite, today you are
no longer an insured "depositor" at your local bank but an "unsecured
creditor". I personally spent weeks looking for this FDIC and Bank of
England Regulation dated December 2012.
This changes how a bank
reorganizes if it is deemed "systemically important" when it defaults.
In the past the FDIC insured depositor funds up to $250,000 however if
you had more money on deposit than was covered by the FDIC insurance you
were not guaranteed that amount over that limit in the event of a bank
failure. Now this new regulation removes that protection and replaces it
with "worthless stock certificates". Your money will be used to "bail
in" the chosen "systemically important" bank. The FDIC will then hold
the banks "bad assets" after the reorganization. EU and MF Global
completed the plan in Cyprus except some of the bank branches weren't
notified to not allow transfers out of Cyprus and a few depositors beat
their scheme. I assure you branches will be notified in the future to
not allow such transfers through new regulations.
Get out of the
stock market and quit being greedy believing that the inflated stock
market is real and you are going to make even more paper when it goes to
16,000! Get out of your 401k, pay Caesar what you owe, remember you
have made interest on his tax money anyway over the past 30 or 40 years.
You would have had to pay taxes anyway during your retirement. Don't
allow them the opportunity to nationalize your savings for the populace
or invest your funds into treasury bonds and rename it a Guaranteed
Retirement Fund. Nothing is guaranteed these days particularly bonds.
Get it out of their system!
Austrian Economic theory would suggest
that an economic boom should have been lit by holding interest rates to
zero but it hasn't. Our economists, in a desperate attempt, have failed
for four years to jump start economic growth in the U.S. with this
measure. They cannot continue this directive; expect soon a massive
credit freeze! The Bank of Settlements passed BASAL III regulations but
never imposed these new regulations because there simply are no banks
that could continue to operate with these new strength requirements.
Buying gold at a discount is the only medicine available to cure the
systemically ailing zombie banks. Remember the corrupt Congressional
bill, approved in 2009 and endorsed by the Financial Accounting Board,
allowed any U.S. bank to dictate the value of their assets on balance
sheets using original date valuations before the market imploded even if
their no longer is a market for that asset." Banks were allowed to hold
assets based on their original valuations not the current value after 8
years of decreasing property valuations.
Remember that the final
nail in the coffin that broke the 2008 housing bubble was the BASAL II
regulations and the effect the mark to market accounting, "Fair Market
Value" based on current asset values, had on the crisis. Today the
Central Banks are simply waiting to implement the new BASAL III
standards and will freeze the credit markets to accomplish it.
Don't
be deluded into capitulating and selling your precious metals, buy more
while prices are still down! The "Financial Cartel" attempted to drive
precious metals down by trash talking precious metals for months. Many
capitulated and sold and the banks are now buying up your gold and
silver at a bargain in an effort to strengthen their banks for the new
impending BASAL III requirements. The COMEX is doomed and soon its "Last
Rites" will be read.
I have said this before, "It no longer
matters what price you pay but whether you are able to transfer your
paper currency to real gold or silver. There will be no dimming of the
light only a flick of the switch that determines who has precious metals
and who does not. The Eastern populace has already accepted this and is
willing to pay any price for their fiat currency transferred to metals.
In the end it will not matter if you are early securing gold and silver
only that you were too late!"
Westerners have been deluded by the
bought media and their inferior public school education into thinking
that gold and silver are worthless because of a price driven to a two
year low by the Central Banks. Remember nothing makes sense today! You
are living in a new abnormal world! You were taught to pay off your
debts but today it makes more sense to get a loan for 2.7% and use your
play money to buy food and anything you may need in the future including
silver and gold. Why? Because the dollars you earn today are worth 2
cents and tomorrow they will be worth 1 cent while every day prices
continue to skyrocket! When the housing and stock market bubbles
collapse again you will be able to buy the same house for half or less
than half of what you owed before. Now won't you begin to protect your
family before it's too late?
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