Commodity Trade Mantra
Quotes by TradingView

Posts Tagged ‘Bank Accounts’

Nothing will Respect You like Gold does - Invest in Gold, or Prepare to Fail

Naively treating anything other than gold like gold is the first step in financial mismanagement. Nothing is like physical, allocated & segregated gold. For a start it is all yours. Depositors should be aware of their country’s requirements when it comes to keeping their money safe in the banks. Gold is the financial insurance against bail-ins, political mismanagement & overreaching government bodies.

Why Is EU Forcing European Nations To Adopt Bail-In Legislation?

The European Union says that any nation within the EU that does not enact bail-in legislation within the next two months will face legal action. Is there a reason for this & thus also the hard deadline? Are they anticipating that something really bad will happen in September or thereafter? Why such a rush?

Will They Confiscate Money From Bank Accounts In Greece - Like Cyprus?

ECB is up to its eyeballs swimming in unpayable Greek debt that it holds & has only 2 alternatives. It can push the €112 billion of Greek debt it holds to the national central banks of the Eurozone & on to the backs of the taxpayers in those countries. Or confiscate depositor money in Greece, like it did in Cyprus.

Governments Will Loot Pensions, Savings – Hold Onto Your Gold: Jim Rogers

Politicians don’t know what to do besides printing money – so that’s what they end up doing. When we start to have more economic problems due to gigantic debts and more inflation, governments could loot savings and pension plans. We will see a wave of turmoil from all this that will surely take gold higher.

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