Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By The Dollar Vigilante (Reporter)
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Salvaging Your Savings

% of readers think this story is Fact. Add your two cents.


“It is unbelievable. Goldman Sachs? No one has any criminal convictions. The whole new regulatory reform is a joke. The whole government is a Ponzi scheme.” – Bernie Madoff

What is your average person to do?  The governments who purport to own them and take half of their production every year also borrow on “their behalf” and have put not only them, but their children and grandchildren into levels of debt that can only be described as slavery.  Meanwhile, the entire economy is so distorted by government regulations, taxes, tariffs, laws and legislation that calling it a “free market” is like calling Shaquille O’Neal a petite, pretty white girl.  And, to top it off, the monetary system forced upon us by legal tender laws is a system based, at its core, on counterfeiting and price (interest rate) fixing.

Then, your average person, has been indoctrinated in government child prison camps and forced to rote memorize progaganda and useless information for 12 years (AKA Educated) has to figure out how to financially survive living in this fasco-communist paradise where the game is rigged against them.

In the pre-modern era the way for most people to survive and prosper was through saving.  Saving is purely the result of producing more than you consume and retaining the rest for consumption in the future.  But now the game is rigged… and is just a well orchestrated ponzi scheme.  After half their income is stolen from them every year and another large portion is “invisibly taxed” through inflation, the small pittance that is left is just a piece of paper with some famous criminal’s picture drawn on it.

And, in order to protect even that from being whisked away, governments have created “tax sheltered” retirement accounts to give them the brief sensation of having financial freedom.  It is perceived financial freedom for slaves.

But, as the end-game for the socialist democratic nation state nears, tax theft revenues will continue to fall as state expenditures continue to rise and governments will look at that untaxed pool or retirement savings as their after-dinner desert and look to nationalize it.  This has already happened in the western world.  In Ireland, as example, they have already instituted a tax on the gross assets of pensions… not on their profits, but an annual tax on their holdings!  In Portugal the state mafia has raided over 5.6 billion Euros of pension funds in a bid to meet its fiscal target.  And in Hungary, 4.5 billion Euros worth of government securities were taken over from assets in private pension funds towards reducing the country’s public debt.

It is only a matter of time until USSA and other western retirement and pension funds are confiscated or forced into “investing” in Treasuries – a sure thing to lose 5-10% of its value every year in inflation adjusted dollars.

While you have no way to withdraw what is owed to you in advance from things like Socialist Security without incurring heavy penalties, there are still some options.  In the US, you can easily convert your IRA into a self-directed IRA.  Once it has been converted you can not only invest in assets such as gold bullion but you can do so outside of the country to protect your assets from seizure.

TDV is one of the only organizations completely devoted to saving you from your own government and we have just launched the TDV Self-Directed IRA to quickly and easily free your retirement funds from their geopolitical boundaries.  You could even invest your funds into precious metals around the world (see Getting Your Gold Out Of Dodge for more).

Your government registered financial advisor will not tell you about this.  In fact, they’ll be against it as it removes your IRA funds from their company.  That is why it is more important than ever to do your own research and protect yourself now before you go down with the ship.

The financial situation of the US Government is in a shambles, with over $75 trillion in debt and liabilities ($250,000 for each person in the US). As they continue down the road to insolvency we expect they will do what almost all governments do. They’ll try to stay alive by taking the assets of the citizenry. This has happened countless times in history. Protect your future by creating a Self-Directed IRA today.

The Dollar Vigilante is a free-market financial newsletter focused on covering all aspects of the ongoing financial collapse. The newsletter has news, information and analysis on investments for safety and for profit during the collapse including investments in gold, silver, energy and agriculture commodities and publicly traded stocks. As well, the newsletter covers other aspects including expatriation, both financially and physically and news and info on health, safety and other ways to survive the coming collapse of the US Dollar safely and comfortably. You can sign up to receive our FREE monthly newsletter, our Basic Newsletter ($15/month) or our Full Newsletter ($25/month) with specific stock recommendations and updates at our Subscriptions page on our website at DollarVigilante.com.

Read more at Dollar Vigilante


Source:


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!


Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST


Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover -  Reduces Smart Meter radiation by 96%! (See Video).

Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.