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

Saturday, August 13, 2016

Got gold? German bank to issue a .04% charge to depositor accounts starting in September

Beginning in September, the first German bank, Raiffeisen Gmund am Tegernsee, will start charging some deposit holders a fee of .04% for monies they hold in accounts within their institution.

Back in June both the European Central Bank (ECB), and shortly after the German Bund, went into negative interest rates, meaning buyers of securities within these two entities would end up receiving less money when their securities reaches maturity.

And as negative interest rates continue to implode the European and Japanese bond markets to the tune of over $14 trillion, banks are now starting the process to charge their own retail customers for holding their money in these banks.

Earlier this week, Raiffeisen Gmund am Tegernsee, a German cooperative savings bank in the Bavarian village of Gmund am Tegernsee, with a population 5,767, finally gave in to the ECB's monetary repression, and announced it’ll start charging retail customers to hold their cash. 
Starting September, for savings in excess of €100,000 euros, the community’s Raiffeisen bank will charge a 0.4% rate. That represents the first direct pass through of the current level of the ECB’s negative deposit rate on to retail depositors. 
“With our business clients there’s been a negative rate for quite some time, so why should it be any different for private individuals with big balances?,” Josef Paul, a board member of the bank, told Bloomberg by phone on Thursday. 
The good news is that “as it looks today, charges on deposits won’t be extended to customers with lower amounts” than 100,000 euros. However, that may (and likely will) change at any moment. - Zerohedge
With nary a paper investment available to provide investors and savers a return, or even protection for their money, the only alternative remaining to keep from losing everything to central bank and government policies is to move wealth into physical gold and silver.

Wednesday, March 2, 2016

New survey shows that as more countries go to negative rates, people will take their money out into cash or gold

Now that the negative interest rate genie is out of the bottle, the one thing banks and governments are watching with extreme focus is what people will do in response to the fact that the money they have in accounts will be worth less, or taken in fees due to the lowered rates.

And we may already have the answer to this as a new survey taken in several different countries shows that on average 80% of the people will take their money out of the banks if negative rates are implemented, leaving them to hold wealth in cash or in another store of wealth like gold.
In an attempt to fill this gap, ING commissioned IPSOS to survey around 13,000 consumers across Europe and - for comparison purposes - in the US and Australia to ask them how they have responded to low interest rates and how they might react to negative interest rates (ING 2016). 
The survey then asked how they might react if rates went negative. Although there is room to doubt if all respondents might actually react as they say if this became a reality, the strength of feeling revealed by the survey is striking. Only 23% of the total sample said that they would do nothing in response (see Figure 3). This compares with 69% of the sample who said that they have not changed the way that they save in response to low interest rates so far. 
The survey suggests that crossing the zero bound is a major psychological shock to consumers. The negative reaction to the possibility of negative interest rates is an interesting application of the behavioural economics concept of ‘loss regret’. Feelings evoked by seeing interest rates cut from, say, zero to -0.5% are stronger than those from 1% to 0.5%. The difference is that the former is perceived as an outright loss, while the latter merely as a smaller gain. 
There are also political and cultural dimension. Many will see negative rates as an unfair ‘tax’ on small savers, particularly in cultures that celebrate saving as a virtue. In this respect, a significant minority of 11% would save more (Figure 3).  Nearly 80% of savers would respond to negative interest rates.

 

Monday, December 28, 2015

Got Karatbars? The time has arrived where governments need your money to stay solvent

There are fewer and fewer people alive today who remember President Franklin Delano Roosevelt's bank holiday and subsequent confiscation of gold under Executive Order 6102 back in 1933, and even fewer who understand what individual control over their own money really means.  In fact, despite the Credit Crisis that nearly collapsed the Western banking system and brought about the concept of depositor bail-ins just seven years ago, most Americans and Europeans still trust the system and their government to hold their bank accounts, retirement accounts, and paper assets sacrosanct.


But history has shown that greed is a very powerful elixir, and very few if any institutions can withstand the corruption it brings over the course of time.  And while the vast majority of people find it difficult to believe that the government would ever pass a law to take their money held in a bank, broker, or retirement account, one such government is suddenly becoming ground zero for just that potential action.

Over the Christmas holiday, data points tied to a collapsing housing bubble and a destruction in Canada's oil industry has led the city of Ontario to publicly beg its citizens to help bailout the government as the municipality finds itself on the cusp of bankruptcy, and without hope of paying off $300 billion worth of debt it has accumulated.
Ontario Premier Kathleen Wynne is asking that you consider giving your money to the Ontario government as well. 
For a mere $21,000 for every man, woman and child in the province, Ontario could be debt free. 
No, this is not some kind of holiday joke about the Grinch who stole Christmas.
And, no, voluntarily donating to the government isn’t in lieu of paying taxes. 
It is in addition to them. 
Canada’s largest province has asked its taxpayers to donate their hard-earned money to the cause of bailing out the much indebted provincial government. 
On top of paying among the highest taxes in North America, and coping with skyrocketing hydro prices — hikes directly caused by the decisions made by this Liberal administration and the previous one — the Wynne government wants more. 
Treasury Board Chair Deb Matthews made the bold request last week, and specifically asked folks to donate their tax return rebate to help pay off the provincial debt. - Toronto Sun
Fast forward to the United States.



Following the 2008 Credit Crash and subsequent Great Recession, former Speaker of the House Nancy Pelosi proposed a bill that would have nationalized all 401K's, IRA's, and pension accounts under government control to help subsidize the then $14 trillion in national debt.  This bill never made it to the House floor, but since them the debt has risen to over $19 trillion and the same government has instituted two other schemes such as President Obama's MyRA program, and the Treasury Secretary's move of public pensions into U.S. Treasury debt that is as un-payable as Ontario's debt appears to be.

(Just read Secretary Lew's words during the last debt ceiling debate where Social Security would be un-payable without allowing the government the power to borrow more money)


The overall point is that the world is finally finding itself forced to pay the piper after years of irresponsibility and unsound financial practices that place global debt at a whopping $230 trillion, or
300% over the world's annual GDP.  And if anyone is wondering why the G20 is now forcing all Western nations to pass Bail-in laws to have you and I pay for the next financial crisis, all one has to do is look at what is taking place in Venezuela, Argentina, and now Canada to see that the Day of Reckoning is now upon us.


So if any cash, savings, or retirement accounts held by governments, or in banking institutions is as vulnerable as it was 80 years ago during the last great bank holiday, what alternative is there for you to protect your wealth, get it offshore and away from any potential confiscation, and into something that is not readily taken by these now insolvent institutions?

You can do this with a company called 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.

Friday, October 30, 2015

Got Karatbars? New Texas gold depository will be open for individuals and businesses to back their money with gold

When the state of Texas announced earlier this year that they were repatriating their physical gold from the vaults of the Federal Reserve back to their own, it opened the door for the one true American Republic to forge ahead with a new gold based consumer market, and a way for the state to protect their's and their citizen's wealth in a true monetary asset.

And with progress towards completing this financial program well under way, the next steps are being introduced that will allow individuals, state agencies, and even corporations to open accounts with the depository, and set the stage for a return to sound money commerce.
Major international players in the precious metals industry — and some local upstarts — are hoping to get a piece of Texas’ plan to launch an official state gold bullion depository, and the wide range of pitches they're making suggests even basic details of the project remain up in the air. 
More than a dozen companies responded to a recent request from Comptroller Glenn Hegar for input on the first-of-its-kind project. Gov. Greg Abbott signed House Bill 483 in June, directing Hegar to set up the country’s only state-run bullion depository. State Rep. Giovanni Capriglione, R-Southlake, began pushing the idea in 2013 but was only able to draw enough support from other lawmakers by requiring that the private sector run the depository and charge fees to cover its costs. 
"With the passage of this bill, the Texas Bullion Depository will become the first state-level facility of its kind in the nation, increasing the security and stability of our gold reserves and keeping taxpayer funds from leaving Texas to pay for fees to store gold in facilities outside our state," Abbott said when he signed the bill. 
The depository won’t just store state gold and other precious metals. The law requires that individual customers, and even school districts, be allowed to open accounts. Capriglione has described it as a bank that doesn’t do any lending. - Texas Tribune

Texas is not the only U.S. state to be bringing back gold into its monetary system.  Earlier this year Utah coordinated with The United Precious Metals Association to allows citizens within the state to open gold backed checking and savings accounts.  And in 2014, the state of Oklahoma formerly recognized gold and silver as legal tender, placing it in the growing pantheon of states that are turning back to monetary metals to protect their wealth.

But unless you live in a state such as Texas, Utah, or Oklahoma, or desire to do even more than just back your bank account with gold held in a state run vault, what options are available for you to get in on the growing world-wide paradigm change, and be prepared for when the world rejects the dollar, and rebuilds the global monetary system with gold?

The answer lies in a company called 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.

Monday, April 27, 2015

Greece upgrades capital controls to now confiscating bank deposits... got Karatbars?

After laying down a series of capital controls in Greece, primarily that of the Greek legislature decreeing that all excess cash in banks be transferred directly to the central bank, the next phase of Syriza's domestic war on money was enacted on April 25 as authorities are now confiscating deposits of anyone deemed to be in shortfall of their tax obligations.

No hearing, no trial... just a freezing and taking of assets if their money is stored in a bank and they are determined to owe the state an obligation.



As the country’s finances reach a critical point, tax authorities have started seizing the deposits of small debtors, Kathimerini understands.

No figures were available regarding the new crackdown but cases of debtors targeted included a citizen with a debt of just 200 euros, Kathimerini understands.

The bank account of the man in question was frozen and then reopened once it was established that he had paid his dues. In several cases, including that of a citizen with a debt of 24,000 euros, bailiffs are said to have used threats to secure the cash. The initiative comes as efforts to crack down on rich Greeks with tax debts make slow progress. - Ekathimenrini

Reliance on governments, banks, and currencies has become a fool's errand, and anyone who by now is entrusting their wealth to paper assets in a proxy controlled institution will lose it all, or soon have it devalued to pennies on the dollar.

We do not necessarily have to cite the multiple instances of government wealth destruction that has taken place in Cyprus through bail-ins, Switzerland through capital controls on withdrawing your money, Japan in transferring their pensions to buy U.S. debt, and now Greece in summarily confiscating funds and accounts, but if anyone had a doubt that it is coming to America and the rest of Europe, the facts are without dispute.

U.S. Cops Use Traffic Stops To Seize Millions From Drivers Never Charged With A Crime

There are a few ways for you to protect your assets and your wealth, and at the top of the list is Karatbars.  Not only can you have physical gold delivered to your home, but you can also choose to store it offshore for free in one of Karatbar's three vaults worldwide.  Additionally, and perhaps most importantly, Karatbars offers affiliates and customers a virtual offshore bank account through a back office e-wallet, that can be accessed and uploaded to a pre-loaded MasterCard for use in any currency, and anywhere around the world.

And since Karatbars is not registered as a bank, the are not subject to U.S. FACTA laws which force countries to provide the names and amount of money they have offshore to the I.R.S..



Our grandparents during the 1930's found out how detrimental it is to trust in banks and safety deposit boxes when the government issued a two week holiday, and confiscated their gold stored in these institutions.  And with the passage of Dodd-Frank in 2010, the means and the laws are on the side of government to do this once again.

To sign up for a Karatbars account, either as a customer or as an affiliate where you can earn commissions on any package and gold sold to people you personally sign up with the company, click on this link to begin your trek to a new future of wealth protection outside the system, and the one sure way to protect your assets, as well as gain new assets, before the coming collapse and the evolution of the new non-dollar financial system.

Sunday, January 18, 2015

Remember Facta? Now meet the IRS database to manage everyone’s bank accounts

When Congress and the the President sought to institute a measure of capital controls on the people of the United States, and keep the public from rushing outside the country to move their money for protection, they came up with a scheme known as FACTA.  FACTA is the Foreign Account Tax Compliance Act, and under this draconian piece of legislation is the demand on any foreign bank that does business with the U.S., or utilizes SWIFT to trade in dollars, that they must provide the Internal Revenue Service all personal and financial information on any America having an account outside of the U.S..
The ramifications of this became felt almost immediately as foreign banks began closing customer accounts and halting any future programs that allowed Americans to transact, invest, or deposit money offshore.
And on Jan. 13, the next phase of FACTA came online as the IRS announced the initiation of a database to monitor in real time customer accounts of sovereign and foreign banks.  Known as the International Data Exchange Service, this colossal repository will now treat anyone with a bank account as a suspect and person of interest, and assume guilt no matter if any financial crime or evidence of tax evasion has occurred.