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Take Your Money Out of the Bank – Your Life Depends on It!

Sunday, June 14, 2015 7:10
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(Before It's News)

uncle sam

Now that you that you know, or should know, that your bank account is no longer owned by you, it is time to act. Alternative media has been preaching this for a good 6 months.

The time to prepare for what’s coming is now. If you do not take your money out of the bank and convert it into precious metals, you will lose at least 30%, possibly 60% of its value. This will be done by outright confiscation with bail-ins or price inflation.

“Consider the following facts that led me to the above conclusion:

1. Your bank deposits are no longer considered to be money.
2. The Credit Swap derivatives have priorty over all bank depositors in case of widespread bank failures. The FDIC will not know your name.
3. On November 10, 2014, the Federal Reserve, the FDIC and the UK banks practiced for widespread bank failure.
4. Drastic policies have been enacted which inhibit your ability to take your money of your bank.

5. Ultimately, the globalists will be coming for your pensions and 401 K’s in addition to the loss of your bank account
6. The Petrodollar is on the verge of collapse. 


It is time for you to salvage what you can and then put what’s left of your resources towards surviving what is coming. 

Literally, your life depends on whether you begin to take your assets out the bank and begin to purchase 
life sustaining supplies as well as build an economic base 
designed to meet future requirements 

 

Some are forecasting that the run on the banks could begin…
 

All financial institutions will fail.
 All governments will go into default.  
Some are forecasting that the run on the banks could begin at anytime between now and October of 2015.

I do not make financial predictions and attach dates , however, given the volatility of the present market, I feel strongly that one might want to error on the side of caution. 

The single biggest financial event in the history of America

There was an obscure story which ran three years ago which is receiving scant attention and yet, it is the banking story of the decade. It is the number one banking story in human history. It is the story which will destroy America’s banking accounts. 

It is the story that spells the beginning of the end of America’s financial empire. This is the end of the America’s financial empire and NOBODY is talking about it. What is that story? First, the prerequisite background…

Our Crushing Debt And This will be Looked at as the Good Ole’ Days

“Nearly every publication estimates the derivatives debt to be in the range of one quadrillion dollars to $1.5 quadrillion dollars. Conservative estimates tell us that this derivatives debt, that has been assumed by the governments of the world, is at least 16 times the entire value of the assets of Planet Earth. This generation cannot pay off this debt.

 Your children, grandchildren and even great-great-great-great-great grandchildren cannot pay off this debt. 
If the status quo were to remain in place this debt could 
not be paid off in the 25th century, the 30th century, 
nor the 50th century. 

My estimates place the interest on the debt to exceed the entire value of the world’s assets and the interest is increasing far faster than the governments of the world can service the debt. Who is the debt owed to? It is owed to the first movers, the owners of the central banking system. 
 
Out of Chaos Comes the New World Order
 
 
So, you may ask, where do you put your money today in order to economically survive tomorrow?

You need to invest your cash into precious metals and I do not mean gold or silver certificates. If you are going to buy gold or silver, remember, that “if you cannot touch it, you do not own it,” reports Dave Hodges of the Common Sense Show.

I suggest you buy gold that you absolutely know is pure. When you go to sell your gold to a dealer, they will test it with a special instrument. If it is not pure, as much gold has tunsgsten in the middle, you will not get your price. Many reputable companies have been selling gold that has been tampered with, unknowingly, and is unpure. 

Also, you want to buy gold that is not purchased in the US, as you are subject to capital gains taxes, and American Gold Eagles are government issued, and can be recalled by the US government. 

I buy my gold from Karatbars International, a German company that has the highest standards of ensuring purity. They also do not report your purchase to any country, so there is no chance of confiscation. It is affordable, offered in currency-size weights of 1, 2.5 & 5 grams, which are good sizes to use as barter in a currency collapse. 

They are even able to buy goods in K-Exchange centers, which are simply stores that accept Karatbars gold as money. You give them a 1 gram card, for instance, and buy $35 of products, and they give you $20 back in change.

karatbars international

 

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Total 4 comments
  • mitch51

    “THE ECONOMY IS CRASHING!!! BUY MY GOLD!!!” LMAO!!!

    • HOSovac

      Mitch51 everyone should have some gold as part of their portfolio.
      I just wish I didn’t buy my house and instead bought gold………….today I would be at least 1 million dollars better off. Hindsight is a wonderful thing. :cool:

    • Grams Gold

      Good luck with those paper dollars. LMy AO!

  • CrissCross

    Derivatives – The Unregulated Global Casino for Banks! :roll:
    http://demonocracy.info/infographics/usa/derivatives/bank_exposure.html

    …must read. :wink:

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