Bankers Can [Will] Steal Your Cash But Cannot Touch Your Gold/Silver

Michael Noonan 

Bankers can and will steal your cash, but there is no way they can take your personally owned and personally held gold and silver. The ongoing plan for 2014 is to buy and hold even more gold and silver and reduce your exposure to cash held in any bank. Just keep enough to cover week by week expenses, and keep the rest of your cash at home, under the mattress, in a safe, buried in the backyard, anywhere but in a bank.

ANYONE who keeps money in any banking system in the Western world is sending an RSVP to bankers to access your funds, and they will not disappoint. The confiscation of Cyprus banking accounts was bandied about as a template for other countries. “No, that would never happen,” was a constant refrain. Well, it was just the beginning.

If there is one thing about which you can be certain, concerning cash held on deposit, the government, [pick a country], has plans to steal it. The bankers new motto: “What’s yours is ours.”

You think Cyprus was a single event? It was an elite trial balloon. The blowback from it? Not much, really. Financial shock and awe, to be sure, especially for Cypriots, but just like every other banker-created scam, there are no real consequences. The elites carefully monitored world response and learned one thing: more of the same, in some fashion or similar form will work, and we [the bankers] will get away with it.

Another example: Read this excerpt from the IMF October publication “Taxing Times” which states on page 49: A One Off Capital Levy:

The sharp deterioration of the public finances in many countries has revived interest in a “capital levy”— a one-off tax on private wealth—as an exceptional measure to restore debt sustainability. The appeal is that such a tax, if it is implemented before avoidance is possible and there is a belief that it will never be repeated, does not distort behavior (and may be seen by some as fair).

The cunning and planning goes on behind closed doors on an ongoing basis. Then there was this article from Reuters: EU Executive See Personal Savings Used To Plug Gap.

“the savings of the European Union’s 500 million citizens could be used to fund long-term investments to boost the economy and help plug the gap left by banks since the financial crisis, an EU document says.

In other words, all of the trillions of $$$ used to prop up every single insolvent bank in the Western world has failed to boost any economy, and the reason why it has failed is because the bankers are keeping the money for themselves, not lending it out. Every economy is being starved of capital.

The solution? “The Commission will ask the bloc’s insurance watchdog in the second half of this year for advice on a possible draft law “to mobilize more personal pension savings for long-term financing“, the document said.” Doesn’t that sound economically viable?! It is EU doublespeak: to mobilize more personal savings, in normal words means “confiscate,” or more to the point, “steal.” The central planners never stop planning, and your savings and deposits are in their crosshairs.

The bankers are not stopping there, however. The ultimate goal? All pensions, IRAs, 401ks, whatever form your retirement funds are in will be switched, for your own good, of course, to the safety and guaranteed security of government bonds. You will be assured of a few percentage points of interest. What, 1, 2, 3 percent? With inflation running at 8 to 10 percent, minimum, at least in the real world? Such a deal.

Read more at http://investmentwatchblog.com/bankers-can-will-steal-your-cash-but-cannot-touch-your-goldsilver/#gA1KCDVD30mddO1z.99