I guess holding ETFs like JEPI, commodities, etc. is a waste of time if the brokerages (including IRAs, 401ks) have pledged client assets as collateral against their massive derivative exposure. Physical metals and crypto in your hands and unencumbered real estate looks like the only potential safe havens. That's the show.
I have been following Greg's posts for over 4 years. In regard to “The Great Taking,” I first downloaded the free pdf book last October. I then listened to various opinions about it by various Austrian oriented economists such as Jack Gamble and Mario Inneco. Then, when it was available, I watched Webb’s 1h10m documentary. I learned many things I never knew before. One was that when FDR declared a bank “holiday," and after a week or so, permitted them to re-open, but only the ones favored by the Fed were permitted to re-open. The others remained shut and their depositors lost all their money. Much much more money was lost by the middle and lower classes from the bank failures than via the stock market, though the latter is always touted by the shitstream media for 80 years. I also learned that they have changed the laws, primarily via the Uniform Commercial Code through individual lobbying (bribing) of the 50 states separately since the 1960s to affect their changes from previous felony fraud to “legal.” They did this in order clandestinely “to stay under the radar of public awareness,” as opposed to doing so via the federal government. This was “validated” by the court when JP Morgan, who was the **custodian** of equities which Lehman Bros. brokered, was awarded ownership of all of them as the court ruled that Morgan was a “member of the PROTECTED” class and thus entitled to them. Before the changes, this would be considered criminal fraud of the worst kind. I could go on and on, but I will rest with the examples above.
I recommend that everyone read the book carefully. Webb documents his findings by inserted portions of the changes of the “law." I have to admit that I just scanned them as they were written in pure shyster gobbledegook, but the remainder was both valuable and interesting. I also strongly recommend that one does not skip the prologue which is in essence a quick autobiography, and explains how Webb, from his childhood days, became interested and obsessed in this area.
Also, I was only aware that I never **owned** any of the stocks, ETF's, bonds, or options that I had purchased at full price with no margin. In fact, I was just a pseudo owner of them, given some invented shyster term which I have forgotten, meaning I had the right to sell them but I didn't own them. Ownership of all securities is held by one entity named the CTCC which registers them under a subsidiary called Cede & Co.
cede | sēd |
verb [with object]
give up (power or territory): he ceded control of the company to his brother.
Our Overlords are not devoid of dark humor.
I suspect I was not alone on this site not knowing the details of this though I did have some vague notions about Cede & Co..
I also did not know how the derivatives bubble with its consequent debt and huge counterparty risks was set up in order for the coming great financial collapse to sweep everything into the seizure of collateral which will be funneled to the DTCC. The Lehman/Morgan suit established this as "settled law" and thus any further suit against this will be automatically disqualified. I own my house outright with no mortgage. However, my girlfriend does have a small remaining 30 year mortgage. I also didn't know that even if you still had a remaining amount representing a few percent of the original mortgage and purchase price of your house, the entire property can be seized as collateral.
Did everyone on this site know all of the above prior to The Great Taking?? You will own nothing and be happy. The happy part is probably by implanting a chip in the pleasure center of your brain which can be triggered over 5G. They do this to lab rats all the time.
I had a Home Equity Line of Credit (which I never used, but was there in case of great need). First thing I did after being made aware of "all of the above" was to discharge it.
: to convey from one person, place, or situation to another : MOVE, SHIFT
b
: to cause to pass from one to another : TRANSMIT
c
: TRANSFORM, CHANGE
2
: to make over the possession or control of : CONVEY
3
: to print or otherwise copy from one surface to another by contact
Convey to someone else? What a bunch of criminals undermining all investors with fiat book entries that are backed by no thing/the 1 USC Born Alive decedent infant that died in testate without a will and using us as the suretyship! What you hold has intrinsic value any thing else does not.
We need to throw the mediums/middleman out on caloused knees for making the conversion from metric to standard for the banksters/mob!
Well said. Every regulation has a purpose meant to exploit sometimes immediately but most of the time years later when no one remembers it. I admit the legal implications as to what they can or cannot do are lost on me but the fact that they paved the way for taking all assets is concerning.
Agreed - I would like to add an angle if you are interested - More on the Bank of Japan / Ministry of Finance and the history there, particularly since WW2 and "Recovery."
Tom for Bonner Research response to this documentary. Some of you might enjoy his point of view.
Many readers have been asking me about a new book and accompanying documentary called “The Great Taking” by David Rogers Webb. I skimmed through the book and I watched most of the documentary.
In short, Webb claims the bankers have built an elaborate trap to steal everyone’s wealth. An Everything Bubble followed by a long deflationary depression is part of the plan. Another part of the plan was changing the laws that protect your ownership of securities held in trust… ie your stocks and bonds.
I can’t tell what Webb’s main idea is here. Is it the “elaborate banker trap” part of the story? Or is it his forecast for a depression, and the “banker trap” stuff is a device to bring the story to life by making it more exciting and relatable? Not sure.
Anyway, I was impressed with the quality of the writing and the presentation, as were many others judging by the number of emails I’ve received about it.
As for an elaborate scheme by the bankers to steal our stocks and bonds? It reminds me of the fears people have of the government taking their gold.
I don’t see the incentive. Wall Street does best when the system is inflating, equity culture is vibrant and everyone’s speculating. Banks hate deflation.
The thing is, a deflationary depression could happen ANYWAY, without the deliberate plot. There really are only a few custodians that record ownership of equities and a few banks that control the vast majority of bank accounts. A cyber attack or nuclear explosion or some other malicious event could destroy all those records. And what then?
No one would know who owned anything…which is why it’s so important we own physical gold and silver and store it ourselves.
The bigger risk, and far more probable in my mind, is a crash in the value of the stock market. Not someone stealking your stocks. But seeing the market value of the broad common stock indices wiped in half, or more, by a long bear market.
This HAS happened in the past. And I think it could happen again. Here at Bonner Private Research, we call this risk “The Big Loss.”
We've already attempted to hedge this risk with our asset allocation strategy, our 75% allocation to cash and gold.
So should the possibility of an organized demolition of global stock ownership by a cabal of banking elites cause you to run for the hills? No. Life is way too short to lose sleep over forces and possibilities you can't control.
Instead, just make sensible preparations to preserve your savings from greater and greater inflation volatility… by holding lots of physical gold, silver, cash and income-generating stocks.
Stay in the hyper inflated stock market and enjoy the ride but take profits as you go to protect your capital - and put the profits into physical gold and silver at these heavily suppressed prices in preparation for an expected or sabotaged crash. Towards the middle of 2024 you’ve still got your capital, you’ve profited from the stock market inflation and you are sitting there with significantly under valued physical gold and silver - waiting for the equities, property, Bitcoin and dollar CRASH and a large rise in gold and silver. Then plan your new property and equity investments at the fire sale prices with the gold/ silver profits.
Just be aware - GOLD AND SILVER COULD SEE A SECOND AND SIGNIFICANTLY HIGHER JUMP IN PRICE SEPARATED BY SEVERAL MONTHS FROM 2024 AS CBDC IS REJECTED, HYPERINFLATION SCARES THE WORLD AND THE POPULATION GRABS FOR BOTH THESE METALS AS MONEY - so don’t spend all your Gold or Silver at once.
I agree that the forceful taking of stocks, bonds, or anything related to debt is highly unlikely. The most likely scenario is a long term bear market, to where the phrase "buy the dip" transitions into "sell the rip"...and most people will find it difficult to transition over to this new era. Your entire life has been in a bullish stock market bubble...everyone you know existing on this planet, and the people you know now have lived in a bullish stock market bubble. The only way that over 80% of the global population can make real profits from investing, is by buying long, and we are rewarded for holding common stock in a form of dividend. This is the "everything bubble"...and to convince everyone for generations that the stock market only goes up, only a select few will profit on the way down. In my opinion, this has been the trap.
It won't matter it's their system and these criminals can do what they've planned to manifest. The only self preservation is to not stand idly by and invest money in hemp rope for the lamp posts in the village square.
Banks only hate deflation most of the time. What they love is pump and dump where pump is expansion of the money supply and dump is its contraction. They vacuum up everyone else's money through their rinse and repeat. The greatest pump and dump of the last century was the Great Depression where they inflated in the mid and late 1920s and then extremely rapidly called in all their loans in 1928-9. This was coordinated by the banker’s association. Oh my God, a conspiracy theory!! Actually very easy to document. Even Bernanke admits it but “we won’t do it again.” And the check is in the mail. Most of the banks, except the chosen ones of the Fed, folded and their depositors were shafted. I guess all that credit went to money heaven,😊 Deflation occurs much more quickly in any economy that has not advanced into a state of hyperinflation, and profits for the 0.001% are far larger and quicker. It's sort of like high board diving. Lots of bouncing up and down and then the big plunge. Right now I think we are on the biggest and highest bounce up before the plunge.
Our Shriner pal Aaaron russo tried to get the message out to the 🐑💉😷 In the early 90's. speaking on how our great pal Nicholas Rockefeller tried recruiting him and their ultimate plan "The Chip." Nick was Way beyond his years in knowledge sadly he died of cancer shortly after these videos. Check out Mad As Hell 💯 avcurate in the enemies plans. Sadly nothing will ever change because the 🐑 are docile .https://youtu.be/oHzjzsjAlLs?feature=shared
doubtful that AR was a fraud because $hills live long lives IE: alex jones, mike adams. Real Truthers go the way of michael hastings, andrew breibardt and william cooper. Dr jeff bradsreet hope that helps
LIberty is the captain of a ship giving his subjects liberty to go ashore! Stop using liberty and don't trespass it's as simple as that! These arbitrary courts are only legitimate because the Christ masses believe this nonse!
The birth certificate is an article. So that is what they have done. We are “lost at sea,” the vessel is “lost at sea” because of the cutting of the umbilical cord and this biology is forgotten by us. You don’t have a person now, your person has fallen under the care of somebody else. We are claiming a birthday, a narrative, a character, a birth certificate story that doesn’t include the missing link. The time in the womb is considered evolution and that is the missing link. The only thing you need to do is KNOWING the continuity from fertilization to last breath. Continuity is the thing that removes you from the system they created. - KK
When I first heard about "The Great Taking," roughly two or three months ago, and its main theme ~ the potential of confiscation of all assets facilitated vis the DTCC, my immediate thought was this : What is new about this? I remember three people warning of this at least five years ago ~ Gregory Mannarino, Lynette Zang and Bill Holter. Rob Kirby (may God keep his soul in peace) may also have warned of it.
I don't recall which one of you I first learned the depth of the nefarious scheme, even so, all three (or four) of you, for years, have been warning of this. The information has been out there for quite some time.
I haven't rushed to watch the documentary nor purchase the book, though I will likely purchase the book to read about further details of the scheme and have it as a sort of historical record.
I'm curious if Webb thinks any of us are able to mitigate losses by holding physical Stock Certificates and Bond Certicates instead of holding the assets in "Street Name?" When it comes to shares of ETFs and Mutual Funds I think things get a bit more sticky.
All that said, profit as much as possible while we all still can, paying close attention to the machinations going on, and convert those profits to hard tangible assets.
I don't know how easy getting the actual certificates will be at this point. Besides, you will need to send them to a brokerage if you want to sell them so back to square one.
Is there a way to mitigate this? I'm hoping Greg can provide some guidance because he's versed in how the system works.
As I see it, the only way is to be out of the system but that carries its own risks. Looks like the bankers made sure there's no escape for the middle class. Even if you happen to know that they'll crash the market tomorrow and sell what will happen to your cash?
Isn't it merely as simple as requesting physical Certificates instead of "holding in Street Name?" That's the way it used to be. Bill Holter has been a staunch advocate for years. I suppose if that option is taken away that may be a sign the jigg is soon to be up.
As for sending the Certificates back to the brokerage if the holdings are claimed/sold that may be a challenge if things get real dicey. But, in that event it would be most hopeful you (or I, or anyone of us) are holding shares of a company that will survive the tumult, as not every-thing will crumble, unless of course if things go nuclear on a mega huge level.
The other caveat I think about? Given the history of the fraudster-banksters, who's to say they haven't already re-hypothicated the assets of clients that are holding physical Certificates? I wouldn't put it past them.
Yes, it would be simple to request but will the request be fulfilled? One way to prove one way or the other, make a request and see what happens. I'm actually thinking of doing that. It could also be that some companies will do it and others won't but I agree that if they won't give the actual certificates it means they already have us.
As for your other caveat, agree 100%. They have so many laws and loopholes plus they seem to break the ones that are there without consequences so I wonder why they even bother.
When you say physical metals... do you mean ETFs in gold and silver? Or do you mean truly physical (put it under your bed) metals? If it's the ETFs, then the financial giants still own it... right?
Physical as in physical...put under your bad, as you put it...any-thing else is merely paper.
As for PM ETFs, the only one I'm aware of worth it's, well, PMs are the ones put together by Rick Rule and Eric Sprott, if I recall correctly, their Silver ETF under the ticker PSLV (I don't recall their Gold ETF and I don't know if they have one for Platinum or Palladium, as I've yet to further investigation). In their PSLV every $1 invested has the equivalent amount of physical Silver vaulted (in "physical segregated"... different than merely "allocated"...John Adams, Craig Hemke and David Morgan had a lot of discussion about that topic in '21 ~ '22 when John Adams discovered first hand that the Perth Mint was up to some shenanigans with their vaulting services). Even so, PSLV does have its limitations regarding convertibility, which is thoroughly spelled out in the Prospectus.
Even at that, as you rightly stated, ETF shares would fall under the same caveat as other ETFs. And ETFs aren't considered truly physical anyway, because you're not holding any-thing other than a paper claim to some-thing.
As with any-thing, always do your own due diligence when considering any asset class.
I'm aware of the free download and Webb"s site. Even so, thank you for the part about Webb not providing advice on how to mitigate potential risk of confiscation (theft?).
I've been listening/watching Holter's work for many years (my, how time flies), he's pretty blunt about the situation we face. I consider him a true realist. His advice on holdings seems appropriate, though some may say overly weighted in physical PMs. I'm in favor of his view.
My guess is you're likely aware of Egon von Greyer's work as well, whom simply states, "Convert as much of your fiat currency to physical Gold and Silver that you feel you can't afford to lose." Id venture to say that's pretty much in line with Holder's recommendation.
I'm presently re-reading "When Money Dies" and we are, without doubt headlong to a repeat , only this time on a full global scale, of the Weimar Republic situation, and all of "Officialdom" is placing the you and me as the culprit, directly or via the climate fear-mongering.
What part of our "govern-ment" (at, with exceedingly rare exception) is not operating as one gigantic Mafia organized crime syndicate? I struggle to find even one. Sure, we're thrown the occasional crumb of justice here or there, in sum though it appears to be three steps forward on the path to outright despotism and one step back.
What can you and I do? Prepare as best possible to weather the coming storm, wouldn't you agree?
Our Great pal Aarron Russos last message before dying of cancer. He was a True patriot not like the alex jones mike Adams gatekeeping $shills. 99% truth 1% liars!
Read the e-book after your comments in yesterday’s video peaked my interest. It simply reiterates, albeit in greater detail, what you have been warning us Lions of for a long time. I’ve been following you for quite a while and have profited financially and mentally from my daily dose of GM. Thank you. Didn’t see the video documentary, but was taken back by the book when the author used terminology that I haven’t heard come from anywhere else, other than Greg Mannarino. Apparently, we’re all on the same page and it’s absolutely terrifying.
Just like Zeitgeist and Thrive and other documentary shows that show the truth, they get few views. The dumbed down don't care. They want entertainment. The only time I see commercials is during football season and every year, the stupid TV shows get more idiotic, the number of pills they are pumping is exponential... It is sickening in and of itself to see it happening.
In my opinion, the Great Taking doesn’t involve the freezing of all collateralized debt owned by each individual. If this were true, then the past 250 years of conditioning us in this new world would’ve been a waste of time. Instead, they slowly force-feed the generations with psychological bulls**t, and we become desensitized enough to swallow it. If they were to freeze or disallow the use of all collateralized debt or even take it back in a forceful manner, I would be surprised…after all these decades of carefully planning. To me, the Great Taking consists of violently flipping the switch between excessive money printing, which causes hyper inflation, into excessive hyper deflation, as the global economy goes into a Depression. This would send the Stock Market into a negative outlook longer term. The market has only gone up, company’s pay you to buy and hold their stock (not short), over 80% of all investors globally can only profit from a bullish market indirectly via institutions, the facade that the stock market now dictates how real the economy is, buying a company you believe in despite how overvalued their market capitalization…these are just a few examples of how the human population has become conditioned and tolerant to an inflated market dependent from excessive money printing. The ability to end all of this in one second, without force, would be a Great Taking in itself. Who benefits, as we slide into an economic depression with hyper deflation and long term negative markets?! The hedge funds, institutions, and the (small percentage of) individual traders who realize how ridiculous this market has become. Sure, they could stop retail traders from shorting, I highly doubt it because the “buy the dip mentality” overweighs everything else, and history proves it…in my opinion, we are now slowly moving into the “sell the rip” era. If they take away both, we’ll be transitioning into a Revolution…if they leave both, but do the exact opposite of what history has shown us, only a select few will thrive, while the remaining population will be forced onto the streets, slowly depopulating the planet.
“Own nothing and be happy”.
Edit: For those who think that I’m only referring to the financial markets…I’m also referring to a much greater perspective. Nearly every individual on this planet is dependent on retirement plans, insurance, social security, benefits associated to their living accommodations…and this is the only way they can keep surviving. If central banks “flip the switch”, and hyper deflation occurs parallel with an economic depression, all the funding for these programs would cease to exist. It would be a slow process that pushes people out of work, out of their homes, and for those that are already homeless, they would lose all of their benefits as well. The real point that I am making is that the people who are dependent on this system won’t be forced out of existing by some dictation of elitism…it will just be a side effect of no money printing at all, and the people in power can play the innocent “blame game”, whereas the actual taking of collateralized debt…all the blame and hate would be directed at them.
Imagine waking up one day and you realize that your social security benefits are no longer valid. You call to find out why, and they tell you that they are no longer being funded. So, you must now go to the banks to take out a loan, but they refuse to because they are no longer being funded by the Central Banks. You begin to realize that the government has basically been shutdown as a result of no more excessive money printing.
Now…imagine waking up one morning and you realize that your social security benefits have been banned. You call them and they tell you that everything you own is theirs. Before you can even go the bank, the bank tells you that you owe them XYZ amount, because you have borrowed so much over the past decade. It’s not a matter of excessive money printing or a government being shutdown…instead, it’s them demanding everything you own to be returned.
In my opinion, the first option is more likely, because it is the least threatening for the human population psyche.
It’s down to a matter of forceful taking or the freezing of all collateralized debt, “by accident”. From what I have seen my entire life, is that the elite like to use the “by accident card”, and rarely every forcefully take or control-by-force in western civilization. They prefer the subtle approach, forced through psychological warfare.
You will be able to pay with CBDC. For example, you will receive 1000 USD-CBDC as a gift/transfer every month. Any CBDC that you do not spend in a month will expire worthless. The following month you will receive the same amount again. What you spend the CBDC on is tracked. If you use it to pay for bad things like meat, plane tickets or similar, you will receive negative social scoring points and in the following month, for example, you will only receive 900 USD-CBDC. That will be great. Best regards. last man standing...
...
JAN 05, 2024
Bank of Spain selects partners for CBDC testing
Cecabank, Abanca and Adhara Blockchain have been chosen from the 24 applications received over the past year.
Same as a bail but grabbing your physical assests if they can. Then, self preservation rules. There also won't be anymore pirates on the streets collecting currency for the magicians who wear black dresses pension. What a good thing!
In my opinion, people need to be hedged for widespread unemployment and job destruction, because hyperdeflationary (and hyperinflationary) times will eventually lead to these problems for everyone. I am not saying that the Federal Reserve is done with their end game this year or even next year, but the next action by the Federal Reserve will paint a better picture as to where they are taking us.
If they cut rates here, without reverting bond yields, it will send the economy into an even greater hyperinflationary spiral. If they cut rates with reverted yield, we will see something similar to 2007-2008. If they keep rates paused, the markets will grow impatient, and there will be a slow process of government and financial market uncertainty. The market hates to wait. If they raise rates here, it would send the economy into a slow deflationary period, but if it could also cause bond yields to get out of control, forcing rates to move higher longer term...then we are in hyperdeflation.
There are other factors that go with multiple different outcomes. The reason why I give Greg such a difficult time on this channel, is because he says "this will happen because this will happen." He never thinks about the possibility of what might happen if something else occurs...and he uses the excuse "i could be wrong", instead of elaborately telling people how to hedge themselves if he is wrong.
To be honest, I believe everyone here is right...and holding physical assets is the smartest option in a hyperinflationary or hyperdeflationary period...both of these options destroy the value of the currency. Another asset to consider, which most can't afford, is land/agriculture. During the Great Depression, this was the number one asset. As for Cryptocurrencies, this asset class has ONLY ever been speculation. It again, is something that is made up out of nothing, and digits on a screen. What happens if the internet or power goes out...all of the entire cryptocurrency space would become non-existent.
To answer your question of "how will this affect me?"... Even if I was a billionaire, this would still impact my life, because everyone else's actions will have severe consequences. You might not have to deal with the debt (being debt free), but you still have to deal with a large amount of people who are.
Guns/Ammo, Precious Metals, Survival Gear, Sustainable Food/Water. The way others will impact each other when shit hits the fan, it will be an apocalypse of itself...even if the government remains intact.
Property taxes mean that you are not the owner of the house and the land. Because what happens if you don't pay the taxes? You lose the house and the land. So in reality you are not the owner, it's the same as a lease.
It's not my job to provide ideas for the criminals. But wouldn't it be obvious to say that homeowners are "evil" because they own much more than the others? So homeowners need to give something back to society. Unfortunately, the state is insolvent, so, dear homeowners, your house is paid for, you have no debts and that is very unfair to others. That's why, unfortunately, you now have to take out a state-imposed compulsory mortgage on your house (because we need the money). But don't be sad. When you've paid off your house the second time, it'll be yours again, hahaha. You cannot pay for your house a second time? No problem, what about living in a tent.
Not to forget climate change. YOU homeowners have to save the world. So you need new heating technologies, a new roof, new windows and so on. You cannot pay for it? So again: No problem, what about living in a tent ...
I own my house my car etc.etc.etc. and I am very happy and I am living the dream but you sound like you are in debt and own nothing and you are not happy.....Sad
I guess holding ETFs like JEPI, commodities, etc. is a waste of time if the brokerages (including IRAs, 401ks) have pledged client assets as collateral against their massive derivative exposure. Physical metals and crypto in your hands and unencumbered real estate looks like the only potential safe havens. That's the show.
That's how I see it as well. Take stock profits and add to the stack. Not much else we can do if that happens. It is "their" system anyway.
Thank you all for the Strong Confirmation via the Likes!
Unless crypto is outlawed. So few own it, or understand it, that shutting it down completely wouldnt make much of a ripple (lol).
I have been following Greg's posts for over 4 years. In regard to “The Great Taking,” I first downloaded the free pdf book last October. I then listened to various opinions about it by various Austrian oriented economists such as Jack Gamble and Mario Inneco. Then, when it was available, I watched Webb’s 1h10m documentary. I learned many things I never knew before. One was that when FDR declared a bank “holiday," and after a week or so, permitted them to re-open, but only the ones favored by the Fed were permitted to re-open. The others remained shut and their depositors lost all their money. Much much more money was lost by the middle and lower classes from the bank failures than via the stock market, though the latter is always touted by the shitstream media for 80 years. I also learned that they have changed the laws, primarily via the Uniform Commercial Code through individual lobbying (bribing) of the 50 states separately since the 1960s to affect their changes from previous felony fraud to “legal.” They did this in order clandestinely “to stay under the radar of public awareness,” as opposed to doing so via the federal government. This was “validated” by the court when JP Morgan, who was the **custodian** of equities which Lehman Bros. brokered, was awarded ownership of all of them as the court ruled that Morgan was a “member of the PROTECTED” class and thus entitled to them. Before the changes, this would be considered criminal fraud of the worst kind. I could go on and on, but I will rest with the examples above.
I recommend that everyone read the book carefully. Webb documents his findings by inserted portions of the changes of the “law." I have to admit that I just scanned them as they were written in pure shyster gobbledegook, but the remainder was both valuable and interesting. I also strongly recommend that one does not skip the prologue which is in essence a quick autobiography, and explains how Webb, from his childhood days, became interested and obsessed in this area.
Also, I was only aware that I never **owned** any of the stocks, ETF's, bonds, or options that I had purchased at full price with no margin. In fact, I was just a pseudo owner of them, given some invented shyster term which I have forgotten, meaning I had the right to sell them but I didn't own them. Ownership of all securities is held by one entity named the CTCC which registers them under a subsidiary called Cede & Co.
cede | sēd |
verb [with object]
give up (power or territory): he ceded control of the company to his brother.
Our Overlords are not devoid of dark humor.
I suspect I was not alone on this site not knowing the details of this though I did have some vague notions about Cede & Co..
I also did not know how the derivatives bubble with its consequent debt and huge counterparty risks was set up in order for the coming great financial collapse to sweep everything into the seizure of collateral which will be funneled to the DTCC. The Lehman/Morgan suit established this as "settled law" and thus any further suit against this will be automatically disqualified. I own my house outright with no mortgage. However, my girlfriend does have a small remaining 30 year mortgage. I also didn't know that even if you still had a remaining amount representing a few percent of the original mortgage and purchase price of your house, the entire property can be seized as collateral.
Did everyone on this site know all of the above prior to The Great Taking?? You will own nothing and be happy. The happy part is probably by implanting a chip in the pleasure center of your brain which can be triggered over 5G. They do this to lab rats all the time.
I had a Home Equity Line of Credit (which I never used, but was there in case of great need). First thing I did after being made aware of "all of the above" was to discharge it.
cede
verb
ˈsēd
ceded; ceding
1
: to yield or grant typically by treaty
Russia ceded Alaska to the U.S. in 1867.
2
: ASSIGN, TRANSFER
transfer
1 of 2
verb
trans·fer tran(t)s-ˈfər ˈtran(t)s-ˌfər
transferred; transferring
1
a
: to convey from one person, place, or situation to another : MOVE, SHIFT
b
: to cause to pass from one to another : TRANSMIT
c
: TRANSFORM, CHANGE
2
: to make over the possession or control of : CONVEY
3
: to print or otherwise copy from one surface to another by contact
Convey to someone else? What a bunch of criminals undermining all investors with fiat book entries that are backed by no thing/the 1 USC Born Alive decedent infant that died in testate without a will and using us as the suretyship! What you hold has intrinsic value any thing else does not.
We need to throw the mediums/middleman out on caloused knees for making the conversion from metric to standard for the banksters/mob!
Will paying off a property keep it safe and yours? Or will they just raise property taxes so high we can't afford them?
Disagree.... it'l be 7G or something by then.
We are lab rats...
.... we all have signature bio-fields - ready to be uploaded and traded with your precious bodily fluids. So liberal and loving.
Well said. Every regulation has a purpose meant to exploit sometimes immediately but most of the time years later when no one remembers it. I admit the legal implications as to what they can or cannot do are lost on me but the fact that they paved the way for taking all assets is concerning.
"They" ? - you mean Things....
Agreed - I would like to add an angle if you are interested - More on the Bank of Japan / Ministry of Finance and the history there, particularly since WW2 and "Recovery."
Sheda a LOT of Light... ~Lava
Tom for Bonner Research response to this documentary. Some of you might enjoy his point of view.
Many readers have been asking me about a new book and accompanying documentary called “The Great Taking” by David Rogers Webb. I skimmed through the book and I watched most of the documentary.
In short, Webb claims the bankers have built an elaborate trap to steal everyone’s wealth. An Everything Bubble followed by a long deflationary depression is part of the plan. Another part of the plan was changing the laws that protect your ownership of securities held in trust… ie your stocks and bonds.
I can’t tell what Webb’s main idea is here. Is it the “elaborate banker trap” part of the story? Or is it his forecast for a depression, and the “banker trap” stuff is a device to bring the story to life by making it more exciting and relatable? Not sure.
Anyway, I was impressed with the quality of the writing and the presentation, as were many others judging by the number of emails I’ve received about it.
As for an elaborate scheme by the bankers to steal our stocks and bonds? It reminds me of the fears people have of the government taking their gold.
I don’t see the incentive. Wall Street does best when the system is inflating, equity culture is vibrant and everyone’s speculating. Banks hate deflation.
The thing is, a deflationary depression could happen ANYWAY, without the deliberate plot. There really are only a few custodians that record ownership of equities and a few banks that control the vast majority of bank accounts. A cyber attack or nuclear explosion or some other malicious event could destroy all those records. And what then?
No one would know who owned anything…which is why it’s so important we own physical gold and silver and store it ourselves.
The bigger risk, and far more probable in my mind, is a crash in the value of the stock market. Not someone stealking your stocks. But seeing the market value of the broad common stock indices wiped in half, or more, by a long bear market.
This HAS happened in the past. And I think it could happen again. Here at Bonner Private Research, we call this risk “The Big Loss.”
We've already attempted to hedge this risk with our asset allocation strategy, our 75% allocation to cash and gold.
So should the possibility of an organized demolition of global stock ownership by a cabal of banking elites cause you to run for the hills? No. Life is way too short to lose sleep over forces and possibilities you can't control.
Instead, just make sensible preparations to preserve your savings from greater and greater inflation volatility… by holding lots of physical gold, silver, cash and income-generating stocks.
Stay in the hyper inflated stock market and enjoy the ride but take profits as you go to protect your capital - and put the profits into physical gold and silver at these heavily suppressed prices in preparation for an expected or sabotaged crash. Towards the middle of 2024 you’ve still got your capital, you’ve profited from the stock market inflation and you are sitting there with significantly under valued physical gold and silver - waiting for the equities, property, Bitcoin and dollar CRASH and a large rise in gold and silver. Then plan your new property and equity investments at the fire sale prices with the gold/ silver profits.
Just be aware - GOLD AND SILVER COULD SEE A SECOND AND SIGNIFICANTLY HIGHER JUMP IN PRICE SEPARATED BY SEVERAL MONTHS FROM 2024 AS CBDC IS REJECTED, HYPERINFLATION SCARES THE WORLD AND THE POPULATION GRABS FOR BOTH THESE METALS AS MONEY - so don’t spend all your Gold or Silver at once.
Gold/Silver ratio pushing 90:1 - comes out of the ground at 1:10 --- hmmm? Gotta Go!
I agree that the forceful taking of stocks, bonds, or anything related to debt is highly unlikely. The most likely scenario is a long term bear market, to where the phrase "buy the dip" transitions into "sell the rip"...and most people will find it difficult to transition over to this new era. Your entire life has been in a bullish stock market bubble...everyone you know existing on this planet, and the people you know now have lived in a bullish stock market bubble. The only way that over 80% of the global population can make real profits from investing, is by buying long, and we are rewarded for holding common stock in a form of dividend. This is the "everything bubble"...and to convince everyone for generations that the stock market only goes up, only a select few will profit on the way down. In my opinion, this has been the trap.
https://www.youtube.com/watch?v=JZ363elgMWI
It won't matter it's their system and these criminals can do what they've planned to manifest. The only self preservation is to not stand idly by and invest money in hemp rope for the lamp posts in the village square.
Well said.
Banks only hate deflation most of the time. What they love is pump and dump where pump is expansion of the money supply and dump is its contraction. They vacuum up everyone else's money through their rinse and repeat. The greatest pump and dump of the last century was the Great Depression where they inflated in the mid and late 1920s and then extremely rapidly called in all their loans in 1928-9. This was coordinated by the banker’s association. Oh my God, a conspiracy theory!! Actually very easy to document. Even Bernanke admits it but “we won’t do it again.” And the check is in the mail. Most of the banks, except the chosen ones of the Fed, folded and their depositors were shafted. I guess all that credit went to money heaven,😊 Deflation occurs much more quickly in any economy that has not advanced into a state of hyperinflation, and profits for the 0.001% are far larger and quicker. It's sort of like high board diving. Lots of bouncing up and down and then the big plunge. Right now I think we are on the biggest and highest bounce up before the plunge.
Is Tom saying not to worry about it because he truly believes that, or that he would no longer have a job selling his expensive investment newsletter?
I will go with with the first. It is not expensive.
Our Shriner pal Aaaron russo tried to get the message out to the 🐑💉😷 In the early 90's. speaking on how our great pal Nicholas Rockefeller tried recruiting him and their ultimate plan "The Chip." Nick was Way beyond his years in knowledge sadly he died of cancer shortly after these videos. Check out Mad As Hell 💯 avcurate in the enemies plans. Sadly nothing will ever change because the 🐑 are docile .https://youtu.be/oHzjzsjAlLs?feature=shared
In a nutshell........ https://youtu.be/KfmCwvVeRak?si=iA9nCAu5XxY7eLDO
Long but excellent. RIP AR
I'm surprised this is on youtube.
Yup. No coincidence as Rooso can no doubt be a shill calling for liberty and patriotism which is their mind control!
doubtful that AR was a fraud because $hills live long lives IE: alex jones, mike adams. Real Truthers go the way of michael hastings, andrew breibardt and william cooper. Dr jeff bradsreet hope that helps
Glad you got a chance to check this out!! Very well made, albeit the music is a little loud... the content is stellar!
https://twitter.com/21WIRE/status/1743673670504202606
Congratulations, looks like #Israel has successfully dragged the United States into another losing war…
LIberty is the captain of a ship giving his subjects liberty to go ashore! Stop using liberty and don't trespass it's as simple as that! These arbitrary courts are only legitimate because the Christ masses believe this nonse!
The birth certificate is an article. So that is what they have done. We are “lost at sea,” the vessel is “lost at sea” because of the cutting of the umbilical cord and this biology is forgotten by us. You don’t have a person now, your person has fallen under the care of somebody else. We are claiming a birthday, a narrative, a character, a birth certificate story that doesn’t include the missing link. The time in the womb is considered evolution and that is the missing link. The only thing you need to do is KNOWING the continuity from fertilization to last breath. Continuity is the thing that removes you from the system they created. - KK
Maybe Biden is waiting for the election to be closer before he goes to war
Biden is waiting for nothing he is brain dead....
Good Saturday Morning Greg!
Interesting comment you made.
When I first heard about "The Great Taking," roughly two or three months ago, and its main theme ~ the potential of confiscation of all assets facilitated vis the DTCC, my immediate thought was this : What is new about this? I remember three people warning of this at least five years ago ~ Gregory Mannarino, Lynette Zang and Bill Holter. Rob Kirby (may God keep his soul in peace) may also have warned of it.
I don't recall which one of you I first learned the depth of the nefarious scheme, even so, all three (or four) of you, for years, have been warning of this. The information has been out there for quite some time.
I haven't rushed to watch the documentary nor purchase the book, though I will likely purchase the book to read about further details of the scheme and have it as a sort of historical record.
I'm curious if Webb thinks any of us are able to mitigate losses by holding physical Stock Certificates and Bond Certicates instead of holding the assets in "Street Name?" When it comes to shares of ETFs and Mutual Funds I think things get a bit more sticky.
All that said, profit as much as possible while we all still can, paying close attention to the machinations going on, and convert those profits to hard tangible assets.
Thank you, Greg, for all you do.
Be well.
I don't know how easy getting the actual certificates will be at this point. Besides, you will need to send them to a brokerage if you want to sell them so back to square one.
Is there a way to mitigate this? I'm hoping Greg can provide some guidance because he's versed in how the system works.
As I see it, the only way is to be out of the system but that carries its own risks. Looks like the bankers made sure there's no escape for the middle class. Even if you happen to know that they'll crash the market tomorrow and sell what will happen to your cash?
Stop paying taxes and voting and it will end overnight without hemp ropes!
Greetings Pepsi,
Good points all.
Isn't it merely as simple as requesting physical Certificates instead of "holding in Street Name?" That's the way it used to be. Bill Holter has been a staunch advocate for years. I suppose if that option is taken away that may be a sign the jigg is soon to be up.
As for sending the Certificates back to the brokerage if the holdings are claimed/sold that may be a challenge if things get real dicey. But, in that event it would be most hopeful you (or I, or anyone of us) are holding shares of a company that will survive the tumult, as not every-thing will crumble, unless of course if things go nuclear on a mega huge level.
The other caveat I think about? Given the history of the fraudster-banksters, who's to say they haven't already re-hypothicated the assets of clients that are holding physical Certificates? I wouldn't put it past them.
PEACE and be well Pepsi.
Yes, it would be simple to request but will the request be fulfilled? One way to prove one way or the other, make a request and see what happens. I'm actually thinking of doing that. It could also be that some companies will do it and others won't but I agree that if they won't give the actual certificates it means they already have us.
As for your other caveat, agree 100%. They have so many laws and loopholes plus they seem to break the ones that are there without consequences so I wonder why they even bother.
Peace to you as well Scott 😎
The book is free to download. Webb doesn't give any advice on what to do.
https://thegreattaking.com
This is a good recent interview with Bill Holter, he suggests about 80% physical metals & 20% mining stocks. He does direct register his stocks.
https://www.youtube.com/watch?v=RczF3z9-7cU
When you say physical metals... do you mean ETFs in gold and silver? Or do you mean truly physical (put it under your bed) metals? If it's the ETFs, then the financial giants still own it... right?
Greetings Rich the Rich!
I apologize for the late reply.
Physical as in physical...put under your bad, as you put it...any-thing else is merely paper.
As for PM ETFs, the only one I'm aware of worth it's, well, PMs are the ones put together by Rick Rule and Eric Sprott, if I recall correctly, their Silver ETF under the ticker PSLV (I don't recall their Gold ETF and I don't know if they have one for Platinum or Palladium, as I've yet to further investigation). In their PSLV every $1 invested has the equivalent amount of physical Silver vaulted (in "physical segregated"... different than merely "allocated"...John Adams, Craig Hemke and David Morgan had a lot of discussion about that topic in '21 ~ '22 when John Adams discovered first hand that the Perth Mint was up to some shenanigans with their vaulting services). Even so, PSLV does have its limitations regarding convertibility, which is thoroughly spelled out in the Prospectus.
Even at that, as you rightly stated, ETF shares would fall under the same caveat as other ETFs. And ETFs aren't considered truly physical anyway, because you're not holding any-thing other than a paper claim to some-thing.
As with any-thing, always do your own due diligence when considering any asset class.
PEACE and be well!
Greetings Dr. John,
And thank you for your comment.
I'm aware of the free download and Webb"s site. Even so, thank you for the part about Webb not providing advice on how to mitigate potential risk of confiscation (theft?).
I've been listening/watching Holter's work for many years (my, how time flies), he's pretty blunt about the situation we face. I consider him a true realist. His advice on holdings seems appropriate, though some may say overly weighted in physical PMs. I'm in favor of his view.
My guess is you're likely aware of Egon von Greyer's work as well, whom simply states, "Convert as much of your fiat currency to physical Gold and Silver that you feel you can't afford to lose." Id venture to say that's pretty much in line with Holder's recommendation.
I'm presently re-reading "When Money Dies" and we are, without doubt headlong to a repeat , only this time on a full global scale, of the Weimar Republic situation, and all of "Officialdom" is placing the you and me as the culprit, directly or via the climate fear-mongering.
What part of our "govern-ment" (at, with exceedingly rare exception) is not operating as one gigantic Mafia organized crime syndicate? I struggle to find even one. Sure, we're thrown the occasional crumb of justice here or there, in sum though it appears to be three steps forward on the path to outright despotism and one step back.
What can you and I do? Prepare as best possible to weather the coming storm, wouldn't you agree?
PEACE and be well Dr. John.
Our Great pal Aarron Russos last message before dying of cancer. He was a True patriot not like the alex jones mike Adams gatekeeping $shills. 99% truth 1% liars!
https://www.brighteon.com/05b931fd-79f3-496b-ade6-586decee8346
and yes they inject people with cancer, they got bob marley through his shoes for daring to preach Love
Read the e-book after your comments in yesterday’s video peaked my interest. It simply reiterates, albeit in greater detail, what you have been warning us Lions of for a long time. I’ve been following you for quite a while and have profited financially and mentally from my daily dose of GM. Thank you. Didn’t see the video documentary, but was taken back by the book when the author used terminology that I haven’t heard come from anywhere else, other than Greg Mannarino. Apparently, we’re all on the same page and it’s absolutely terrifying.
Just like Zeitgeist and Thrive and other documentary shows that show the truth, they get few views. The dumbed down don't care. They want entertainment. The only time I see commercials is during football season and every year, the stupid TV shows get more idiotic, the number of pills they are pumping is exponential... It is sickening in and of itself to see it happening.
Our great pal George Orwell (1984) tried waking the 🐑 on his death bed from TB in the late 1940s. To no avail.
https://youtu.be/SIoAX5bI6S0?feature=shared
commi bastards
In my opinion, the Great Taking doesn’t involve the freezing of all collateralized debt owned by each individual. If this were true, then the past 250 years of conditioning us in this new world would’ve been a waste of time. Instead, they slowly force-feed the generations with psychological bulls**t, and we become desensitized enough to swallow it. If they were to freeze or disallow the use of all collateralized debt or even take it back in a forceful manner, I would be surprised…after all these decades of carefully planning. To me, the Great Taking consists of violently flipping the switch between excessive money printing, which causes hyper inflation, into excessive hyper deflation, as the global economy goes into a Depression. This would send the Stock Market into a negative outlook longer term. The market has only gone up, company’s pay you to buy and hold their stock (not short), over 80% of all investors globally can only profit from a bullish market indirectly via institutions, the facade that the stock market now dictates how real the economy is, buying a company you believe in despite how overvalued their market capitalization…these are just a few examples of how the human population has become conditioned and tolerant to an inflated market dependent from excessive money printing. The ability to end all of this in one second, without force, would be a Great Taking in itself. Who benefits, as we slide into an economic depression with hyper deflation and long term negative markets?! The hedge funds, institutions, and the (small percentage of) individual traders who realize how ridiculous this market has become. Sure, they could stop retail traders from shorting, I highly doubt it because the “buy the dip mentality” overweighs everything else, and history proves it…in my opinion, we are now slowly moving into the “sell the rip” era. If they take away both, we’ll be transitioning into a Revolution…if they leave both, but do the exact opposite of what history has shown us, only a select few will thrive, while the remaining population will be forced onto the streets, slowly depopulating the planet.
“Own nothing and be happy”.
Edit: For those who think that I’m only referring to the financial markets…I’m also referring to a much greater perspective. Nearly every individual on this planet is dependent on retirement plans, insurance, social security, benefits associated to their living accommodations…and this is the only way they can keep surviving. If central banks “flip the switch”, and hyper deflation occurs parallel with an economic depression, all the funding for these programs would cease to exist. It would be a slow process that pushes people out of work, out of their homes, and for those that are already homeless, they would lose all of their benefits as well. The real point that I am making is that the people who are dependent on this system won’t be forced out of existing by some dictation of elitism…it will just be a side effect of no money printing at all, and the people in power can play the innocent “blame game”, whereas the actual taking of collateralized debt…all the blame and hate would be directed at them.
Imagine waking up one day and you realize that your social security benefits are no longer valid. You call to find out why, and they tell you that they are no longer being funded. So, you must now go to the banks to take out a loan, but they refuse to because they are no longer being funded by the Central Banks. You begin to realize that the government has basically been shutdown as a result of no more excessive money printing.
Now…imagine waking up one morning and you realize that your social security benefits have been banned. You call them and they tell you that everything you own is theirs. Before you can even go the bank, the bank tells you that you owe them XYZ amount, because you have borrowed so much over the past decade. It’s not a matter of excessive money printing or a government being shutdown…instead, it’s them demanding everything you own to be returned.
In my opinion, the first option is more likely, because it is the least threatening for the human population psyche.
It’s down to a matter of forceful taking or the freezing of all collateralized debt, “by accident”. From what I have seen my entire life, is that the elite like to use the “by accident card”, and rarely every forcefully take or control-by-force in western civilization. They prefer the subtle approach, forced through psychological warfare.
Don't worry, be happy.
You will be able to pay with CBDC. For example, you will receive 1000 USD-CBDC as a gift/transfer every month. Any CBDC that you do not spend in a month will expire worthless. The following month you will receive the same amount again. What you spend the CBDC on is tracked. If you use it to pay for bad things like meat, plane tickets or similar, you will receive negative social scoring points and in the following month, for example, you will only receive 900 USD-CBDC. That will be great. Best regards. last man standing...
...
JAN 05, 2024
Bank of Spain selects partners for CBDC testing
Cecabank, Abanca and Adhara Blockchain have been chosen from the 24 applications received over the past year.
https://cointelegraph.com/news/bank-of-spain-selects-partners-for-cbdc-testing
...
JAN 03, 2024
ECB issues vendor call, progress report on digital euro rulebook
The eurozone monetary authority is in the preparatory stage for the launch of a central bank digital currency.
https://cointelegraph.com/news/ecb-vendor-call-progress-report-digital-euro-rulebook
...
DEC 15, 2023
Kazakhstan central bank reviews digital tenge pilot successes, next steps
The digital tenge has been used for everything from free school lunches to tokenizing gold, and there’s more to come.
https://cointelegraph.com/news/kazakhstan-central-bank-reviews-digital-tenge-pilot-successes-next-steps
Same as a bail but grabbing your physical assests if they can. Then, self preservation rules. There also won't be anymore pirates on the streets collecting currency for the magicians who wear black dresses pension. What a good thing!
I have no debt Zero, mortgage free debt free, how will all this BS affect me?
In my opinion, people need to be hedged for widespread unemployment and job destruction, because hyperdeflationary (and hyperinflationary) times will eventually lead to these problems for everyone. I am not saying that the Federal Reserve is done with their end game this year or even next year, but the next action by the Federal Reserve will paint a better picture as to where they are taking us.
If they cut rates here, without reverting bond yields, it will send the economy into an even greater hyperinflationary spiral. If they cut rates with reverted yield, we will see something similar to 2007-2008. If they keep rates paused, the markets will grow impatient, and there will be a slow process of government and financial market uncertainty. The market hates to wait. If they raise rates here, it would send the economy into a slow deflationary period, but if it could also cause bond yields to get out of control, forcing rates to move higher longer term...then we are in hyperdeflation.
There are other factors that go with multiple different outcomes. The reason why I give Greg such a difficult time on this channel, is because he says "this will happen because this will happen." He never thinks about the possibility of what might happen if something else occurs...and he uses the excuse "i could be wrong", instead of elaborately telling people how to hedge themselves if he is wrong.
To be honest, I believe everyone here is right...and holding physical assets is the smartest option in a hyperinflationary or hyperdeflationary period...both of these options destroy the value of the currency. Another asset to consider, which most can't afford, is land/agriculture. During the Great Depression, this was the number one asset. As for Cryptocurrencies, this asset class has ONLY ever been speculation. It again, is something that is made up out of nothing, and digits on a screen. What happens if the internet or power goes out...all of the entire cryptocurrency space would become non-existent.
To answer your question of "how will this affect me?"... Even if I was a billionaire, this would still impact my life, because everyone else's actions will have severe consequences. You might not have to deal with the debt (being debt free), but you still have to deal with a large amount of people who are.
Guns/Ammo, Precious Metals, Survival Gear, Sustainable Food/Water. The way others will impact each other when shit hits the fan, it will be an apocalypse of itself...even if the government remains intact.
How about property taxes go up you can't afford to pay them. Sounds like a probability to this One.
When you are mortgage free and debt free property taxes are peanuts...
Property taxes mean that you are not the owner of the house and the land. Because what happens if you don't pay the taxes? You lose the house and the land. So in reality you are not the owner, it's the same as a lease.
In reality instead of buying a $50,000 car buy a $20,000 car and pay your property taxes and you wont lose your house....
It's not my job to provide ideas for the criminals. But wouldn't it be obvious to say that homeowners are "evil" because they own much more than the others? So homeowners need to give something back to society. Unfortunately, the state is insolvent, so, dear homeowners, your house is paid for, you have no debts and that is very unfair to others. That's why, unfortunately, you now have to take out a state-imposed compulsory mortgage on your house (because we need the money). But don't be sad. When you've paid off your house the second time, it'll be yours again, hahaha. You cannot pay for your house a second time? No problem, what about living in a tent.
Not to forget climate change. YOU homeowners have to save the world. So you need new heating technologies, a new roof, new windows and so on. You cannot pay for it? So again: No problem, what about living in a tent ...
Please go back to sleep cause your are having a bad dream...
own nothing. be happy. end of message.
I own my house my car etc.etc.etc. and I am very happy and I am living the dream but you sound like you are in debt and own nothing and you are not happy.....Sad
eye-opening documentary 😡
I have been reporting this for several years! I am happy that it is finally getting out to the masses!
Yes. We knew all that thanks to you. But it's a nice production with a very well done visual content
LIES AND 80 YEARS OF LIES https://www.youtube.com/watch?v=JZ363elgMWI