Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
THEY DON'T RING THE BELL AT THE CRPTO MARKET TOP! - 20th Dec 24
CEREBUS IPO NVIDIA KILLER? - 18th Dec 24
Nvidia Stock 5X to 30X - 18th Dec 24
LRCX Stock Split - 18th Dec 24
Stock Market Expected Trend Forecast - 18th Dec 24
Silver’s Evolving Market: Bright Prospects and Lingering Challenges - 18th Dec 24
Extreme Levels of Work-for-Gold Ratio - 18th Dec 24
Tesla $460, Bitcoin $107k, S&P 6080 - The Pump Continues! - 16th Dec 24
Stock Market Risk to the Upside! S&P 7000 Forecast 2025 - 15th Dec 24
Stock Market 2025 Mid Decade Year - 15th Dec 24
Sheffield Christmas Market 2024 Is a Building Site - 15th Dec 24
Got Copper or Gold Miners? Watch Out - 15th Dec 24
Republican vs Democrat Presidents and the Stock Market - 13th Dec 24
Stock Market Up 8 Out of First 9 months - 13th Dec 24
What Does a Strong Sept Mean for the Stock Market? - 13th Dec 24
Is Trump the Most Pro-Stock Market President Ever? - 13th Dec 24
Interest Rates, Unemployment and the SPX - 13th Dec 24
Fed Balance Sheet Continues To Decline - 13th Dec 24
Trump Stocks and Crypto Mania 2025 Incoming as Bitcoin Breaks Above $100k - 8th Dec 24
Gold Price Multiple Confirmations - Are You Ready? - 8th Dec 24
Gold Price Monster Upleg Lives - 8th Dec 24
Stock & Crypto Markets Going into December 2024 - 2nd Dec 24
US Presidential Election Year Stock Market Seasonal Trend - 29th Nov 24
Who controls the past controls the future: who controls the present controls the past - 29th Nov 24
Gold After Trump Wins - 29th Nov 24
The AI Stocks, Housing, Inflation and Bitcoin Crypto Mega-trends - 27th Nov 24
Gold Price Ahead of the Thanksgiving Weekend - 27th Nov 24
Bitcoin Gravy Train Trend Forecast to June 2025 - 24th Nov 24
Stocks, Bitcoin and Crypto Markets Breaking Bad on Donald Trump Pump - 21st Nov 24
Gold Price To Re-Test $2,700 - 21st Nov 24
Stock Market Sentiment Speaks: This Is My Strong Warning To You - 21st Nov 24
Financial Crisis 2025 - This is Going to Shock People! - 21st Nov 24
Dubai Deluge - AI Tech Stocks Earnings Correction Opportunities - 18th Nov 24
Why President Trump Has NO Real Power - Deep State Military Industrial Complex - 8th Nov 24
Social Grant Increases and Serge Belamant Amid South Africa's New Political Landscape - 8th Nov 24
Is Forex Worth It? - 8th Nov 24
Nvidia Numero Uno in Count Down to President Donald Pump Election Victory - 5th Nov 24
Trump or Harris - Who Wins US Presidential Election 2024 Forecast Prediction - 5th Nov 24
Stock Market Brief in Count Down to US Election Result 2024 - 3rd Nov 24
Gold Stocks’ Winter Rally 2024 - 3rd Nov 24
Why Countdown to U.S. Recession is Underway - 3rd Nov 24
Stock Market Trend Forecast to Jan 2025 - 2nd Nov 24
President Donald PUMP Forecast to Win US Presidential Election 2024 - 1st Nov 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

The Financial End Game 2.0

Stock-Markets / Credit Crisis 2015 Jan 19, 2015 - 06:49 PM GMT

By: Dr_Jeff_Lewis

Stock-Markets

If you’re going through hell, keep going.” - Winston Churchill

The events of the past few months seem astounding when taken in all at once. It appears to be a plan to destroy the U.S. dollar and the American middle class. And it seems to be moving faster.

In the wake of the March 2013 Cyprus 'bail in', where depositor accounts were used to save creditors, the G20 nations agreed that bank deposits would no longer be considered money.


These deposits are instead the property of the banking institution. Remember that possession is always nine-tenths of the law. (They are simply re-institutionalizing the concept under the guise of what's best for us.)

In other words, if you have money in a bank, you are actually an investor in that bank, subject to losses in the event of crisis rather than protection by deposit insurance.

When interest rates are already zero and central bank balance sheets have lulled the world financial system into a state of shock, seeking the low hanging fruit is the natural progression…

And much easier than going door to door looking for gold and silver coins.

Add to that the recent spending bill passed by the U.S. Congress, which makes the American taxpayer responsible for any derivatives loses that banks may suffer.

Less than two weeks after Citigroup inserted its own very specific language into the bill, they suddenly revealed their new and massive derivatives position.

And the news cycle played on. New legislation now gives pension plans the ability to cut benefits to pensioners in the future - making the future welfare of these people uncertain to the point that many will be forced to join the invisible lines of welfare. First reluctantly, but not soon after, out of necessity.

While at the same time, the Treasury Advisory Board has been officially, if not quietly signaling, warning of the coming credit freeze for more than two years.

And if you don’t think there is any danger of a banking crisis in America you may want to keep in mind that the Treasury Department has recently ordered $200k worth of 72 hr emergency kits for dispersion to every major bank in America.

The ongoing collapse in oil prices is sending waves throughout the world. It falls right in line with what appears to be motive to provoke a new world war. 

For the past few years those elite with knowledge of the coming monetary destruction have been putting their fiat dollars into any hard assets they can find.

The poster child for this has been Warren Buffet. The influx of investor cash into domestic real estate and housing during most quarters over the last two years of purchases were all cash. Buffet and the like have continued to pour money into hard assets, though publicly pivoting off of his "gold as the barbarous relic" mantra.

It is fascinating how politically important these precious relics remain. It is as if the bashing and rhetoric only serves to seed new demand, even as they manipulate lower or cap the price.

Now record prices paid at auction for fine art and jewelry is yet another indicator that those 'in the know' are moving into hard assets as fast as they can to preserve their wealth. This includes precious metals.

No wonder there is the confounding debate about the identity of the big buyer of government issue silver coins. From the U.S. to Canada, the trend continues unabated despite the worst sentiment in many decades.

The next big financial market event will send ripples through the transportation, production and distribution system when it happens.

All of the paper gains from the recent re-boom - the jobs, the housing and real estate - everything grinds to a halt; transactions and the flow of credit and currency come screeching to a halt.

In a financial system with so little redundancy, this will come fast a furious, devastating those with few resources to fall back on - and long before the helicopter drops begin in earnest.

If you don't hold it, you don't own it - and there is little hope in protecting it.

For more articles like this, and/or for a breath of fresh silver market reality amidst the stench of denial and technically meaningless short term price obsessed madness, check out http://www.silver-coin-investor.com

By Dr. Jeff Lewis

    Dr. Jeffrey Lewis, in addition to running a busy medical practice, is the editor of Silver-Coin-Investor.com

    Copyright © 2015 Dr. Jeff Lewis- All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

Dr. Jeff Lewis Archive

© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in