Go to your bank and understand FDIC coverage. You may find yourself uninsured. Take the uninsured amount and move quickly to another institution. IRA accounts are covered separately. Take nothing to chance. You will find out about a nail In after the bank has been seized by regulators. Friday afternoon seizures by FDIC officials rolling up a few minutes before 5 in black suburbans. No joke. Fully understand your insurance coverage. Take nothing to chance.
Yes. The debt market is perilous. Massive purchases of treasuries by individual investors that are pulling money out of banks to purchase an assorted array of treasury maturities. Banks having to liquidate longer duration treasuries to meet withdrawals at a loss. Rating agencies downgrading banks. The seismic shift will be bank bail ins. Meaning account balances in excess of $250,000 that amount over $250,000 will be treated as an unsecured creditor.
Bank customers will make massive withdrawals from banks and seek the gold and silver safe haven. Will be too late. Precious metal premiums will skyrocket if you can even find metals to purchase.
Moral of story. Keep no bank account balance over$250.000. Move to another institution and have a source lined up to purchase metals.
I think the markets are not going to do much. The banks are slowly being emptied by their customers.That's why you see interest rates rising on CD's and money market securities. I was in JP Morgan Chase on FRI. very busy. I think a lot more people are in the know, and it won't take much for a panic. Like Andy Schectman say's all it will take is one bail in on a bank and everybody will run to Gold and Silver. Then you won't be able to find any. Chaos will ensue. Get it now while you still can. Like you said Greg, Silver # 1 commodity out there. Ed K
Sunday the 3rd of September.
Greg, ???? I have my doubts the'll be a hot war with the BRICS and the rest of the world. First I would think the USA is not prepared to win a war. Strategic Oil reserves way down in the upper 20%. A lot of our weapon's given to Ukraine. A brain dead President that has no idea what it takes to win. American people just trying to survive day to day living Inflation, High energy cost's possible Covid -19 scenario. Europe and NATO want no part of War. If we lose China takes over with not firing a shot. If we or some other Country goes NUCLEAR it's over for World. PERIOD!!! My conclusion> Ed
Greg…love your work and follow everyday! I do have different views on some things as it relates to Crypto…I like to call the better ones I hold- DIGITAL ASSETS! I think it’s time you do some research and report on Stablecoins…those that meet International Approved Standards -ISO20022! (FOCUS ON XLM & XRP)
I want to support your work but will not use Communist PayPal! If you can add XLM to your list of Crypto/Digital Assets I will donate monthly using XLM…which will make you very rich!
Greg, Every thing you say... seems to be correct and the propaganda is saying something that we know is incorrect, the unknowing will not listen untill...they... DO. And they will not until they find the pain... then they find us... however... we will need them when they awake. Love One Another... Care About One Another... And Give YourSelf To him....
He who has the gold pays the bills; bankers; you confiscated the gold in 33; so how are we supposed to pay our debts with a FEDERAL RESERVE NOTE; what else happened in 33; surely you bankers always have some kind of an out to offset a debt; you have the gold st. jerome of jekyll island; pay the debt!
There was a man in my neighborhood in the early 1970s who had more than 5,000 troy ounces of gold in standard 400 ounce bullion bars stored in his home garage. You know the old saying that loose lips sink ships. He blabbed about his personal reserve to the wrong person, and the Feds showed up and stole all of that gold. I don't remember if they prosecuted him (I think they didn't), but it's clear that was a tremendous loss to the man. Had he kept quiet a mere couple of years or so until gold was legal again in 1975, he would've been okay.
No gold was confiscated in 1933, please do some research before you post.
May 1, 1933 – President Roosevelt's Executive Order 6102 required U.S. citizens to deliver on or before May 1, 1933, all but a small amount of gold coin, gold bullion, and gold certificates owned by them to the Federal Reserve, in exchange for $20.67 per troy ounce.
Today is September 1st, 2023.
This September is going to be "A SEPTEMBER TO REMEMBER!!!" 👍💯🥳
I need more popcorn 😃🍿🥤🤣
Hahahahahahahaaaaaa! 😂
Eeeeeeeheheheheheeee 😁🤣😃🥳👍🎉🎊💦💥🔥🌀
Go to your bank and understand FDIC coverage. You may find yourself uninsured. Take the uninsured amount and move quickly to another institution. IRA accounts are covered separately. Take nothing to chance. You will find out about a nail In after the bank has been seized by regulators. Friday afternoon seizures by FDIC officials rolling up a few minutes before 5 in black suburbans. No joke. Fully understand your insurance coverage. Take nothing to chance.
We do also in the Netherlands
Yes. The debt market is perilous. Massive purchases of treasuries by individual investors that are pulling money out of banks to purchase an assorted array of treasury maturities. Banks having to liquidate longer duration treasuries to meet withdrawals at a loss. Rating agencies downgrading banks. The seismic shift will be bank bail ins. Meaning account balances in excess of $250,000 that amount over $250,000 will be treated as an unsecured creditor.
Bank customers will make massive withdrawals from banks and seek the gold and silver safe haven. Will be too late. Precious metal premiums will skyrocket if you can even find metals to purchase.
Moral of story. Keep no bank account balance over$250.000. Move to another institution and have a source lined up to purchase metals.
yep the sheep dont want to hear it either until its too late , they much rather keep spending and partake in the bread and circus provided
I think the markets are not going to do much. The banks are slowly being emptied by their customers.That's why you see interest rates rising on CD's and money market securities. I was in JP Morgan Chase on FRI. very busy. I think a lot more people are in the know, and it won't take much for a panic. Like Andy Schectman say's all it will take is one bail in on a bank and everybody will run to Gold and Silver. Then you won't be able to find any. Chaos will ensue. Get it now while you still can. Like you said Greg, Silver # 1 commodity out there. Ed K
Sunday the 3rd of September.
Greg, ???? I have my doubts the'll be a hot war with the BRICS and the rest of the world. First I would think the USA is not prepared to win a war. Strategic Oil reserves way down in the upper 20%. A lot of our weapon's given to Ukraine. A brain dead President that has no idea what it takes to win. American people just trying to survive day to day living Inflation, High energy cost's possible Covid -19 scenario. Europe and NATO want no part of War. If we lose China takes over with not firing a shot. If we or some other Country goes NUCLEAR it's over for World. PERIOD!!! My conclusion> Ed
This is well worth an hour to read…..
https://img1.wsimg.com/blobby/go/1ee786fb-3c78-4903-9701-d614892d09d6/taking-june21-web.pdf
You’ll own nothing and love it!
Greg…love your work and follow everyday! I do have different views on some things as it relates to Crypto…I like to call the better ones I hold- DIGITAL ASSETS! I think it’s time you do some research and report on Stablecoins…those that meet International Approved Standards -ISO20022! (FOCUS ON XLM & XRP)
I want to support your work but will not use Communist PayPal! If you can add XLM to your list of Crypto/Digital Assets I will donate monthly using XLM…which will make you very rich!
Greg, Every thing you say... seems to be correct and the propaganda is saying something that we know is incorrect, the unknowing will not listen untill...they... DO. And they will not until they find the pain... then they find us... however... we will need them when they awake. Love One Another... Care About One Another... And Give YourSelf To him....
He who has the gold pays the bills; bankers; you confiscated the gold in 33; so how are we supposed to pay our debts with a FEDERAL RESERVE NOTE; what else happened in 33; surely you bankers always have some kind of an out to offset a debt; you have the gold st. jerome of jekyll island; pay the debt!
https://www.usmoneyreserve.com/news/executive-insights/did-fdr-confiscate-americans-gold-in-1933/
Confiscation is just a synonym for theft.
There was a man in my neighborhood in the early 1970s who had more than 5,000 troy ounces of gold in standard 400 ounce bullion bars stored in his home garage. You know the old saying that loose lips sink ships. He blabbed about his personal reserve to the wrong person, and the Feds showed up and stole all of that gold. I don't remember if they prosecuted him (I think they didn't), but it's clear that was a tremendous loss to the man. Had he kept quiet a mere couple of years or so until gold was legal again in 1975, he would've been okay.
No gold was confiscated in 1933, please do some research before you post.
May 1, 1933 – President Roosevelt's Executive Order 6102 required U.S. citizens to deliver on or before May 1, 1933, all but a small amount of gold coin, gold bullion, and gold certificates owned by them to the Federal Reserve, in exchange for $20.67 per troy ounce.
Have a Blessed LaborDay! GB always Nik
Since birth the American, Canadian etc.etc.etc. sheep(people) have been dumbed down and brainwashed.....Fact