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

Tuesday, March 21, 2017

As European countries rush headlong towards the cashless society, the Swiss still consider cash to be king

Like with most central bankers and politicians, their justifications for nearly any new monetary agenda is steeped in the foundation of imposing greater controls over people, and removing their freedoms to conduct commerce as they see fit.  And perhaps no greater example of this can be seen in the global movement to ban cash, and usher everyone into a completely digital society.

Several European countries like Sweden, Norway and Denmark are already well on their way towards the banning of physical cash, and many other EU nations have imposed capital controls disallowing the use of cash in large transactions.  And even the advent of crypto-currencies has helped spawn the idea of a cashless Africa, with nations like South Africa and Rawanda working hard towards forcing everyone onto a digital banking model.

But one country is remaining defiant in the wake of this global move to take away physical currency from the hands of the people, and that nation is the one who's history is steeped in banking, and the right of individuals to do with their money as they see fit.

Image result for cash is king no cashless society
When it comes to cash and its future, Swiss authorities seem to have a totally opposite view to that of their Indian counterparts -- for them cash is "more reliable" and enjoys a low opportunity cost. 
Among other benefits over cashless payments, cash provides "more effective budget control" and can be used without any technical know-how, while it also offers a comprehensive protection with regard to financial privacy, a top official of Swiss National bank (SNB) has said. 
Amid a debate on future of cash globally and the ambitious demonetisation move carried out by India, SNB's deputy head Fritz Zurbruegg said there remains a continuing robust demand for cash among general public and banknotes are like the country's 'calling cards' in case of Switzerland. - India Times
The truth of the matter is, the recent push for a cashless society has little to do with convenience, and more with the failed banks and central banks who have leveraged their monetary systems to the point of insolvency.  And they believe that their last chance at survival is to eliminate the one factor that keeps them from expanding money supplies even more through a digital system, and that is the anchor of physical cash and the fear that individuals could bankrupt them in a day if they called for a run on their institutions.

If politicians and establishment economists really wanted to 'stop' money laundering, and the funding of drug cartels or terrorism, then all they would need to do is shutdown or nationalize the banks themselves for they are the ones who are committing this avenue of crime.  But since the West has almost completely merged into a fascist state, where governments and corporations act as one in their own common interests, then that leaves the people who have done nothing wrong to become their scapegoats, and this means that their agenda is really dedicated towards taking away our money so that they can take their fraud and theft to even greater and higher levels.

Wednesday, November 16, 2016

As the world currencies start to crater, India mulling banning of gold imports along with eliminating cash

Earlier this year, some establishment economists, along with academics and central bankers, began throwing out the proposal of banning cash as a way to allow for the backdoor expansion of currencies in monetary policy.  This of course received a huge backlash by the citizenry of several countries, and in some cases led to a run on banks from those fearing theft through negative interest rates, or through the implementation of draconian capital controls.

Surprisingly, one of the countries that was least likely to show signs of a currency collapse until recently was that of India.  And as a strong emerging market nation who had just embarked on a massive Make in India campaign, their elimination last week of their two largest currency denominations stoked fears of their own government seeking a ban on cash, and has led millions to either take out their money from banking institutions, with much of the wealth going into gold.

But in a new article published on Nov. 16 at The Daily Bell, eliminating cash may be the first step towards absolute control over money as the Modi government is now mulling plans to stop gold from being imported into the country entirely.

Prime minister Narendra Modi recently decided to confiscate the cash of hundreds of millions of Indians, and now he may forbid Indians from importing gold. 
This would have an immediate effect on gold supplies as India, despite the affinity of citizens for gold and silver, has very little in the way of domestic mining. 
In part, this is because the government itself is consistently at war with Indian citizens over money and its control. This struggle has most recently manifested itself in India’s decision to remove, wholesale, large denomination bills from public circulation. 
The country [banned] 500 and 1000 rupee notes (worth about US$7 and $14 respectively) and the mooted import restriction [banning gold imports] could be a reaction to dealers swapping the notes for gold.IBJA national secretary Surendra Mehta told the Times of India its members should be ready.   “We hear from certain circles of this possibility, though nothing official is out yet,” he said. 
The larger issue here has to do with banning cash on a global level. It is typical of reporting in this modern era that few if any of the mainstream articles covering India’s most recent move seemingly mention this. 
Governments around the world are beginning to ban cash. Sweden is far advanced but Uruguay and now India are not far behind. Uruguay is soon to demand that employers cease to pay employees via cash and instead deposit paychecks directly in bank accounts. - Zerohedge
India is not the only nation looking hard at eliminating cash, or creating barriers for people to get their money out of banks and into something tangible that is outside the hands of government control.  And as the world rushes towards a currency or financial crisis worse than in 2008, the days are becoming numbered on you and an individual having a choice on what you can do with your own money.

Sunday, September 4, 2016

As the world rushes to hoard cash, and gold supplies dwindle, what might a frenzy on gold buying look like?

Two interesting events are taking place right now in different parts of the world that threaten to create a frenzy not unlike the bank runs we saw in the 1930's and again following the bursting of the Housing Bubble in 2007.

Trust in banks have seriously eroded in places like Japan and Germany to the point where average people are making a run on home safes, and moving their cash out of financial institutions.  The root cause of course is the advent of negative interest rates and the growing fear that insolvent institutions will soon be forced to conduct bail-ins to stave off bankruptcy.

But it is not just a run on cash that is occurring in different pockets of the market.  Last week demands for delivery of physical gold were met with severe resistance, and this is a signal that most paper gold ETF's are not actually backstopped with physical gold, and which could soon bring about a run that would skyrocket the price to well over $5000 according to well respected metals analyst David Morgan.


Economist David Morgan of The Morgan Report is one of the world’s best known silver investors. In the following interview with Future Money Trends Morgan discusses his personal experiences during the last major run-up in gold, when it hit a price of $850 in early 1980. As Morgan describes it, there was significant panic buying during that time period, and should central banks and governments continue on their current course, we’ll see a similar endgame play out this time around: 
"What’s good for gold is the end of empire… And we’ve got governments that are failing… When these bond markets blow up further, that’s when you’re going to see a run to gold than we’ve already seen… 
Wait until the physical market freezes up, which could happen. I am not saying it would happen, but it could. With the worldwide demand and a failing currency across the world, where do you think people are going to go? They’re going to go to precious metals which have been trusted for thousands of years. 
If that were to occur, and I think it could happen… could you imagine the amount of money sitting on the sidelines in a panic mode that would go into the mining shares? It’s incredible. 
I saw it once… I saw what happened with gold and silver when it was a panic buy… My commodities broker was a woman. She worked for Dean Witter… She was very savvy… She would leave her office at lunchtime and go and buy gold at the local coin dealer… then after she closed her office she would stand outside her front door and sell gold coins to people who were lined up… believe it or not. 
That’s the kind of frenzy you get at the top of the gold market." - SHTFPlan

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, May 31, 2016

Hedge fund managers advocate getting into gold over fears of a wealth tax and bank run on cash

Over the weekend, two well known hedge fund managers spoke on the potential for the U.S. government to soon implement a wealth tax against producers that could lead to a run on cash where they would seek to get their money out of Western institutions.  And as a solution for what both Kyle Bass and Grant Williams see coming is to buy gold as a hedge against these and other possible actions.




Kyle Bass:  "I think this is where the academics are kind of clashing with the practitioners. I think on paper negative rates make a lot of sense if you're running academic models, but in reality they make no sense. Having seven or eight trillion dollars of debt trading at negative rates, having thirty year JGB's trading at fifty basis points is absolutely ludicrous. This experiment that's going on we all know will end poorly at some point in time, I just don't know when that time is." 
"I think that one of the fears that they have is a run on cash. If they told you and I that they're going to tax your deposits by a hundred basis points, well it's better to put it in a safe or under your mattress. And that's why you see a resurgence in gold. The more they move to negative rates, the more gold is gonna take off because there's no carrying cost." - Zerohedge
And here is Grant Williams at the Mauldin Strategic Investment Conference...
"I don't buy gold, I own it. I don't buy gold at $1,100 because I think it's going to go to $1,200. I buy it for what it does, not what the price is, the price is the last consideration for me. I think the way the picture has been developing over the last eight years, it's like when you take a polaroid, you take a picture and you sit there and you watch this thing and it slowly comes into focus, and that's what it's been like for me watching gold, we're watching this picture slowly develop." 
"We're getting to the point where people are going to be able to see the picture, and at that point gold is the answer. It's not just an asset anymore it's the answer to a lot of people's questions. When that happens, I think the most important stage of this completes itself and that is the resolution between the paper price and the physical asset. I think when we get to that point where people want to own gold, ETF's won't suffice anymore. 
A promise to deliver three months hence is not going to be sufficient anymore, people are going to want to own the asset. At that point you realize that there are multiple hundreds of claims per ounce, and those claims won't be worth anything anymore it's going to be the asset, and that's the end game." 
"The picture is becoming clearer, and everything the central banks are doing is bringing that day forward a little bit." - Zerohedge

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.

Thursday, October 1, 2015

Anonymous initiates Operation Black October to push people to remove their money from banks

On Sept. 20, the hacktivist group known as Anonymous posted a communique on their website to officially commence Operation Black October, and to get people around the world to kill the financial system by getting them to remove their money from banks.  This operation comes as the global financial system teeters on the precipice of a new Lehman moment where companies like Glencore, Trafigura, and Deutsche Bank sit on the cusp of collapse or insolvency, and where the fears of a new bail-in scheme could soon find more depositors out of a large portion of their funds.
In addition to removing your money from all banks, Anonymous is also calling for a cease and desist of using credit cards, debit cards, and the taking out of loans, and to instead to have people do their spending using only cash.

Friday, June 26, 2015

Was yesterday’s capitulation to the EU a stalling effort by Tsipris?

In the span of just a week, the leader of Greece and the ruling Syriza party made two very opposite and polar decisions that has the world wondering what the real game being played in Greece is all about.  On Friday, Prime Minister Alexis Tsipris went to Russia andsigned a pipeline agreement with President Putin at the St. Petersburg Economic Forum, signalling that the Southern European country was putting its chips in on the side of the BRICS.  However, in a shocking move just three days later, the Prime Minister stunned his own party by accepting Troika demands and gave into the Euro bank’s position for austerity and reform.
Yet while some may call this being schizophrenic, one has to wonder if there is a third intention in play, and that is one of stalling for time.
Last night from Twitter:
Any agreement today by Greece is a stall tactic as Drachma backup infrastructure is not yet complete. Yuan swap facilities will fix that. -Guerrilla Economist, @Theroguemoney


Read more on this article here...

Sunday, June 21, 2015

Got Karatbars? One of Europe's largest bond fund managers says its time to get into cash and gold

Analysts within the alternative media have for year's spoken on the attributes and outright necessity of owning gold, especially when central banks have engineered vast money printing programs and regular banks have shown themselves insolvent.  But when a mainstream financier goes public and calls for people to get out of paper assets like bonds and stocks, and get into cash and gold because of a foreseeable financial calamity coming on the near horizon, then it is a signal that that 'stuff' is really about to hit the fan, and protecting yourself from what is to come is imperative.

On June 20, a Bond fund manager for one of the largest bond firms in both Britain and Europe, is urging his investors to get out of the very paper assets his financial institution sells, and get directly into either cash or gold, and as he so eloquently implied, to keep some wealth under the mattress.

The manager of one of Britain’s biggest bond funds has urged investors to keep cash under the mattress.

Ian Spreadbury, who invests more than £4bn of investors’ money across a handful of bond funds for Fidelity, including the flagship Moneybuilder Income fund, is concerned that a “systemic event” could rock markets, possibly similar in magnitude to the financial crisis of 2008, which began in Britain with a run on Northern Rock.

“Systemic risk is in the system and as an investor you have to be aware of that,” he told Telegraph Money.

The best strategy to deal with this, he said, was for investors to spread their money widely into different assets, including gold and silver, as well as cash in savings accounts. But he went further, suggesting it was wise to hold some “physical cash”, an unusual suggestion from a mainstream fund manager. - Telegraph.co.uk

Spreadbury's reference to Northern Rock is in relation to the British bank that helped start Europe's version of the 2007 Credit Crisis, as a run on the bank triggered financial problems all across Britain, and the rest of the Eurozone.  And while the only run on banks that is taking place right now is happening in Greece, a sovereign bank failure in this Southern European country could trigger over $75 trillion worth of derivatives held by other major banks, and lead to a bank holiday or bank bail-in that would wipe out your savings and investments in a single day.

The bond markets for more than a month now have been signaling extreme risk, as seen in the Eurozone's most stable country Germany.  In just the past four weeks, the German Bund (sovereign bond) has bounced back and forth by more than 70 basis points (bps), which is an unprecedented event outside of a systematic breakdown.

To add fuel to the fire on Ian Spreadbury's warning, precious metal analyst Bill Holter went public in an interview on Friday stating that Monday is a black letter day for the global markets, as the Greek situation is reaching a climax, and the results could very easily lead to a systematic global meltdown.



Even if central banks and sovereign governments are able to stave off any potential collapse that may come in the next few days, the writing is clearly on the way that the entire global financial system is headed towards a new crisis, and will not last without a breakdown before the end of October.  So between now and then, if you have money in a bank, or wealth that you need protection for, there are only a few solutions outside of cashing in your investments and trying to find outlets to buy physical gold and silver.

But there is one entity that can provide for everything you need to do this, and protect your wealth in the event of a bank crisis, or systematic financial meltdown.

That entity is 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.

How to make money in both the Dual and Uni-level systems of Karatbars




How to make a six figure income using Karatbars in just 7 weeks.



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 Finance Examiner at [email protected], or create your own account free account with Karatbars as either a customer, or an affiliate (business builder), by clicking the link below, and filling out the one page document.


https://www.karatbars.com/signup.php?s=argonath

Wednesday, April 3, 2013

Bank run searces on Google reach all time high after Cyprus account thefts

On April 3, google searches for the term bank run reached an all-time high, even surpassing the 2007 Lehman crisis, and the ongoing Greek and Spanish bank crises.

Courtesy of Google

Additionally, many top investors and economic analysts are saying that what took place in Cyprus is not just a one time event, but a blueprint for economies in the rest of Europe, as well as the United States.

There is an old adage that says, if you want to invest well, do what the rich do.  For anyone who had been front running the Cyprus banking haircuts, they would have realized that not only did 135 wealthy Cyprians move their money out of Cyprus banks before the bank holiday, but some of these elite included the President, and Finance Ministers who went on to agree to the theft of uninsured accounts.

Thursday, August 4, 2011

International Upheaval Leads to US Schwoonage

The Bank of Japan intervened last night with their currency, and it rebounded a full 300 points.  The real fun however, was with the FTSE MIB exchange in Italy, which plummetted, was halted for awhile, then fell another 5% after it re-opened.

Watch for a bank run or bank holiday soon on the penninsula of pasta and saints.

Subsequently, the US markets decided to capitulate to levels not seen in nearly a year as the DOW was down more than 400 points, and the S&P is just 17 points from going below 1200.

Gold and silver have been shaken a bit with massive margin calls, and once again, potential margin hikes by the CME.

As Maria Bartiromo says... "were off the lows"