Commodity Trade Mantra

Posts Tagged ‘Confiscation’

After a War on Cash, can the War on Gold be far behind?

The global elites are using negative interest rates & inflation to make your money disappear. One solution to this is to buy physical gold. But if the government has a war on cash, can the war on gold be far behind? Probably not. Governments always use money laundering, drug dealing & terrorism as an excuse to deprive citizens of the ability to use money alternatives such as physical cash & gold.

Texas Pulls $1 Billion In Gold From NY Fed, Makes It "Non-Confiscatable"

Effectively, the state of Texas will protect any gold stored in the depository from the federal government. This implicit subordination of The Fed’s gold sends a more ominous signal of rising fears of confiscation and leaves us wondering just how long before every state (and or country) decides to follow Texas’ lead?

All of your hard-earned money & life savings are needed to prop up insolvent banks, pay for all the bankers bonuses & lavish lifestyles, because bankers will never be held accountable to financial problems they created. You must pay for their mistakes for no bankers are ever held accountable.

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