The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label bank account. Show all posts
Showing posts with label bank account. Show all posts

Saturday, June 4, 2016

Was Yellen's secret meeting at the White House to discuss quiet bank run by Americans as they move cash into gold?

There was an interesting theory being discussed earlier this week that suggests that Americans are quietly doing runs on banks in which they are taking their dollars out of the system and storing them in physical gold.  And that this phenomenon is becoming so prevalent that it may have been the primary reason for Federal Reserve Chairman Janet Yellen's emergency secret meeting with President Barack Obama back in April.

Since the beginning of the year, sales of gold bullion have been setting new records, and the price is up over 16% since January.  And over the last 30 days alone, billionaire investors like George Soros and Stanley Druckenmiller, and several hedge other fund managers, have publicly stated they are getting out of stocks and taking a good percentage of their money to purchase gold.


I believe that Yellen went to the White House to inform Obama and team that the Fed is witnessing a quiet, steady bank run taking place in the U.S. The Fed is worried about the fact that the people are apparently starting to figure out how totally corrupt the monetary and financial systems have become, and are now taking action to financially protect themselves. 
The Fed is seeing bank balances being exchanged for cash and metals. Trotting out Summers and Draghi to demonize cash ($100s and Euro 500s) backfired; savvy people said to themselves, “If the government, banker shills (e.g., Summers; Peter Sands (author of the Harvard “ban cash” paper; etc.) and bankers are saying “A,” the truth must be “Z,” and we better get some of our money out of the banks, before the bail-ins that have been legalized and formalized are actually implemented.” 
The establishment desperately needs to go to a cashless system, in order to effect the bail-in agenda, gain full-spectrum control over financial assets, and implement the IMF-proposed wealth tax, among other gambits, but they need more time to implement this. They must get non-cash payment devices into the hands of every citizen before going live with the cashless regime, but they are not there yet. However, their progress to date has been prodigious. - Investment Research Dynamics
So when you see the obvious manipulation by the Fed to attempt to drive down gold prices as a means to desperately protect the dollar and their monetary policies that will eventually steal wealth from those who store their money in bank accounts, remember that your only protection is to get out of the system entirely... otherwise the time for you to have a choice in what to do with your own wealth will be taken away from you.

Tuesday, April 26, 2016

As cyber-thieves used SWIFT to steal $80 million from the Fed, how safe are your accounts from hackers?

The American people have been subconsciously programmed to trust both their government, and their banking systems as institutions dedicated to protecting their money and livelihoods.  However, just as we are seeing today in the race for the Presidency, and in a cyber-hack of the Federal Reserve by foreigners, security only exists to protect the establishment, and actions are only taken when their power is threatened.
In 2010 Congress passed legislation to put the onus of bailing out banks on the depositors, and away from the responsibility that was supposed to be assigned to Federal regulators.  And while further laws were later enacted to go after common Americans who might have moved their money offshore in past years (FATCA), little has been done to protect vital areas such as the grid, or the U.S. banking system itself from hackers and cyber-attacks.
Which leads one to wonder why the recent theft of over $80 million by cyber-thieves out of Bangladesh against the Federal Reserve itself, and through loopholes in the SWIFT system, have received little fanfare or seriousness by Washington.  And the only answer that can be determined is that those sovereign and NGO entities who use SWIFT for money laundering must protect their mechanisms at all costs, even at the potential loss of tens of millions of dollars.
cyber-attacks-hicube-infosec
Read more on this article here...

Monday, February 29, 2016

It didn’t take long for Japanese citizens to rush to get their money out of their banks thanks to NIRP

If the world ever wanted to see in real time what people do when their government puts a tax on their savings, then all they need to do is take a look at Japan now that their central bank has implemented a negative interest rate policy (NIRP).  Because just weeks after the Bank of Japan’s (BOJ) head Kuroda announced the new policy out of thin air, runs to get cash out of banks have begun in earnest, with sales of personal safes exploding across the country and people stacking them with millions of 10,000 yen currency bills.
NIRP is a draconian tax on anyone with money in a bank account, or paper investment account, and is done in the attempt to force the spending of money whether the people want to do this or not.

Read more on this article here...

Tuesday, February 2, 2016

This is the end: Bonds and Treasuries are already pricing in a Fed move into negative rates

Over the past week, respectable economists Nomi Prins and David Stockman did interviews where they unequivocally stated that THIS IS THE END, and that the Fed will very soon join Japan in instituting negative interest rates.  The result will be a boon to banks and corporations that have debt on their balance sheets, but will be a thief for anyone holding dollars in a bank or savings account.




Nomi Prins interview


David Stockman Interview

And perhaps we can also add a little music from The Doors.

Wednesday, October 21, 2015

Got Karatbars? U.S. banks now charging you for depositing money as financial system prepares for negative interest rates

For a number of months now we have talked about how the Fed will be unable to raise interest rates because they allowed their policy of ZIRP to remain too long in the financial spectrum.  And in return, the central banks have been mulling over the introduction of NIRP, which would mean money would be so cheap they would actually pay people to borrow and spend.

But NIRP also has a downside, and an extension that savers under ZIRP have been experiencing for half a decade... the fact that those who keep money in banks will have to pay for not spending it.

Now many will ignore this potential reality of course, with some even believing that the banking system could not survive on this absurdity since it would eventually lead to people removing their money from banks, and into assets that could at least sustain their value.  But on Oct. 18, this nightmare scenario became reality as the first of what are assuredly more to come U.S. banks are charging account holders and depositors to actually put money into their banks for savings or safe keeping.
U.S. banks are going to new lengths to ward off a surprising threat to their financial health: big cash deposits. 
State Street Corp., the Boston bank that manages assets for institutional investors, for the first time has begun charging some customers for large dollar deposits, people familiar with the matter said. 
J.P. Morgan Chase & Co., the nation’s largest bank by assets, has cut unwanted deposits by more than $150 billion this year, in part by charging fees.
The developments underscore a deepening conflict over cash. Many businesses have large sums on hand and opportunities to profitably invest it appear scarce. But banks don’t want certain kinds of cash either, judging it costly to keep, and some are imposing fees after jawboning customers to move it. 
The banks’ actions are driven by profit-crunching low interest rates and regulations adopted since the financial crisis to gird banks against funding disruptions. 
The latest fees center on large sums deemed risky by regulators, sometimes dubbed hot-money deposits thought likely to flee during times of crises. Finalized last September and overseen by the Federal Reserve and other regulators, the rule involving the liquidity coverage ratio forces banks to hold high-quality liquid assets, such as central bank reserves and government debt, to cover projected deposit losses over 30 days. Banks must hold reserves of as much as 40% against certain corporate deposits and as much as 100% against some deposits from hedge funds. - Wall Street Journal
The primary reason for this of course is that banks no longer need deposits to sustain themselves since they can borrow as much money as necessary from the Federal Reserve's discount window.  Thus accounts like your checking, savings, and money markets are a liability to the banks, and cost them much more than they are worth.

Ergo the new policy of charging you to deposit money in their system.


So if the world is almost guaranteed to be headed towards Negative Interest Rates, and any money you keep within the banking system will be siphoned off through fees and of course the potential of bail-ins, what alternatives do you have to not only protect your current wealth, but be able to function in the banking system where no one can touch your money, and it can even be denominated in physical gold bullion?

How about through a Debit Mastercard that is backed completely by gold, and fungible in any currency and in any type of purchase everywhere in the world?  That protection and functionality is part of the perks that comes with becoming an affiliate or customer with Karatbars.

Karatbars



Buying gold through Karatbars is one of the easiest things on the net.  In fact, the business model of Karatbars is to sell gold in affordable quantities, such as 1, 2.5, and 5 gram increments, and allow customers to get into the metal without having to shell out $1200+ for a single ounce coin.

And as added perks to signing up with Karatbars, as a customer or affiliate, Karatbars is working on a new e-wallet system that functions just like an offshore bank account, and is outside the authority of the banking system.  From there, you can take your fiat currency in any denomination... dollars, euros, yen, etc... and purchase physical gold which can either be delivered directly to you, or stored for free at one of Karatbar's vaults.

Additionally, any gold that you buy can easily be sold back to Karatbars, or any metals dealer, and if with Karatbars it is then exchanged for currency that is uploaded to you through a pre-loaded debit Mastercard which is connected directly to your e-wallet.  And as we know, MasterCard is recognized in nearly every country around the world, and usable in any currency that accepts it.

But perhaps the best feature with Karatbars is their affiliate program, where you can earn money off commissions from getting others to sign up and become a customer or affiliate.  Not only do you receive commissions from their purchasing of physical gold, but you also earn commissions from anyone who buys a commission package, with that money going directly into your debit MasterCard when you have enough units to cycle.

Imagine the ability to earn the money in which to buy your gold savings simply by purchasing a commission affiliate package one time, and then getting others to sign up and do the same thing.

How many businesses or entrepreneurs can build an infinite business with spending less than $400 of their own money?  And there is never a mandatory requirement to buy beyond what you desire, on your own schedule.  And there is nothing to lose, because you're using money (paper dollars) to buy gold (physical money) and in the end you don't lose a thing.


The global financial system, along with dozens of respected economists, are telling us that now is the time for the end of our current form of money, and the beginning of the transition into a new monetary system that is expected to be backed by gold.  And with banks, governments, and even Harvard professors mandating that central banks have no choice but to eliminate cash from usage by the people to stave off collapse, will you wait until it is too late to make a decision on how you will protect your wealth, and be able to function within the coming new monetary system?

To learn more about Karatbars, you can contact the individual who sent you this article, and click on their referral link to open a free account and begin buying, or building your own gold savings or business with the company of the future.

Tuesday, August 18, 2015

Got Karatbars? More people seekling alternatives for when the system fails

It is said that when the mainstream begins printing truthful news stories, then you know that the time for the stuff to hit the fan is very very close.  And besides the many alternative economists like Peter Schiff, Gerald Celente, and Dr. Jim Willie who have spoken on the need to get into cash, coins, and offshore your wealth, that same message is now being transmitted by those who's livelihood is tied to the currency system, and to Wall Street.

FDIC advocated bail-in procedures going back to 2012
This paper focuses on the application of “top-down” resolution strategies that involve a single resolution authority applying its powers to the top of a financial group, that is, at the parent company level. The paper discusses how such a top-down strategy could be implemented for a U.S. or a U.K. financial group in a cross-border context… 
These strategies have been designed to enable large and complex cross- border firms to be resolved without threatening financial stability and without putting public funds at risk…An efficient path for returning the sound operations of the G-SIFI to the private sector would be provided by exchanging or converting a sufficient amount of the unsecured debt from the original creditors of the failed company into equity.  
In the U.S., the new equity would become capital in one or more newly formed operating entities. …Insured depositors themselves would remain unaffected. Uninsured deposits would be treated in line with other similarly ranked liabilities in the resolution process, with the expectation that they might be written down. http://www.fdic.gov/about/srac/2012/gsifi.pdf
Uninsured deposits are those in a bank that are more than $250,000 for a single account.  However, one has to take into consideration that under the Dodd-Frank bill, and under recent FDIC regulations, derivatives are given a much higher priority for payment than your checking or savings account, and as of right now there is only $25 billion in the FDIC to cover over $9 trillion in bank accounts, and $303 trillion in derivatives.

What will 50% of the American population do when the government checks stop coming?

When you take into consideration all the welfare programs, unemployment insurance, disability payments, and social security, over 50% of the entire population of the U.S. is on some form of government aid.  And as our national debt is well over $18 trillion and the annual deficit well over $1 trillion, how long will it be before the government has to cut off many of these promised payments because they can't afford to fund them through taxes and other revenues?  In fact, this doesn't even count the $2 trillion that the states are behind in funding their own pension programs.


Where do I store my wealth?
International diversification of wealth (no matter how large or small) can save your economic freedom. Although most of our readers thoroughly understand this concept, one of the most oft-heard concerns is that, by offshoring assets, one may not be able to get to them as easily as they now can.  
Here’s the response to that, and some practical advice on what you can do to protect yourself. Let’s say you presently regard yourself as being economically diversified. You own stocks and bonds, you have some cash, you have a retirement fund and you have a bit of gold stuffed away at home.  
On the surface, it would seem that you’re covered. Trouble is, you have all your wealth in one jurisdiction, and should that jurisdiction find itself in an economic crisis, all that “diversification” will be seriously at risk.
Diversification is always the most prudent plan anytime you are dealing with money.  Consider it like a short-term, medium-term, and long-term preparation where cash outside the bank is for the immediate problem, gold and silver coins represent functioning from one to six months, and having wealth offshore is the foundation to rebuild your future.

Yet if all paper investments such as stocks, bonds, annuities, reits, 401K's and even mutual funds are denominated in dollars, the fear is not that one or more of these financial sectors will crash like in 2008, but in the element underlying all of them, vis a vis the DOLLAR, which if it goes then it will make all of these assets instantly worthless, or at the very least, seriously devalued.

But what is the hedge against a dollar collapse or devaluation, and in fact, a hedge to protect against any currency that might break the global monetary system?  The answer of course is gold.

For the first time since 2009, BofAML's fund managers' survey finds Gold is "undervalued"


So if there was ever a time to purchase the one asset that will protect you from almost any economic and monetary collapse, now is the time.  And the best way to purchase it, store it offshore, and have access to it in any currency on the planet is with...

Karatbars.




Buying gold through Karatbars is one of the easiest things on the net.  In fact, the business model of Karatbars is to sell gold in affordable quantities, such as 1, 2.5, and 5 gram increments, and allow customers to get into the metal without having to shell out $1200+ for a single ounce coin.

And as added perks to signing up with Karatbars, as a customer or affiliate, you can have the power to move your money into a free e-wallet that functions just like an offshore bank account, and is outside the authority of the banking system.  From there, you can take your fiat currency in any denomination... dollars, euros, yen, etc... and purchase physical gold which can either be delivered directly to you, or stored for free at one of Karatbar's vaults.

Additionally, any gold that you buy can easily be sold back to Karatbars, or any metals dealer, and if with Karatbars it is then exchanged for currency that is uploaded to you through a pre-loaded debit Mastercard which is connected directly to your e-wallet.  And as we know, MasterCard is recognized in nearly every country around the world, and usable in any currency that accepts it.

But perhaps the best feature with Karatbars is their affiliate program, where you can earn money off commissions from getting others to sign up and become a customer or affiliate.  Not only do you receive commissions from their purchasing of physical gold, but you also earn commissions from anyone who buys a commission package, with that money going directly into your debit MasterCard when you have enough units to cycle.

Imagine the ability to earn the money in which to buy your gold savings simply by purchasing a commission affiliate package one time, and then getting others to sign up and do the same thing.

How many businesses or entrepreneurs can build an infinite business with spending less than $400 of their own money?  And there is never a mandatory requirement to buy beyond what you desire, on your own schedule.  And there is nothing to lose, because you're using money (paper dollars) to buy gold (physical money) and in the end you don't lose a thing.



The global financial system, along with dozens of respected economists, are telling us that now is the time for the end of our current form of money, and the beginning of the transition into a new monetary system that is expected to be backed by gold.  And with banks, governments, and even Harvard professors mandating that central banks have no choice but to eliminate cash from usage by the people to stave off collapse, will you wait until it is too late to make a decision on how you will protect your wealth, and be able to function within the coming new monetary system?

To learn more about Karatbars, you can contact the individual who sent you this article, and click on their referral link to open a free account and begin buying, or building your own gold savings or business with the company of the future.

Tuesday, July 21, 2015

Germany fires first salvo in war to end use of cash by consumers

As Greece starts to deteriorate into near Civil War as citizens within the EU country are unable to fully access monies kept in their banking system, they are not the only entities experiencing problems that threaten the monetary liquidity of Europe.  In fact, in what may be the biggest irony from the year long battle between Greece and Germany over Greek debt, Germany is launching its first salvo in a new ‘War to End Cash’ by cancelling a financial instrument that has allowed account holders in banks since 1992 to link their money directly to a debit card which could be used for purchases and withdrawals.



Read more on this article here...