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
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
At These Levels, Buying Silver Is Like Getting It At $5 In 2003 - 28th Oct 24
Nvidia Numero Uno Selling Shovels in the AI Gold Rush - 28th Oct 24
The Future of Online Casinos - 28th Oct 24
Panic in the Air As Stock Market Correction Delivers Deep Opps in AI Tech Stocks - 27th Oct 24
Stocks, Bitcoin, Crypto's Counting Down to President Donald Pump! - 27th Oct 24
UK Budget 2024 - What to do Before 30th Oct - Pensions and ISA's - 27th Oct 24
7 Days of Crypto Opportunities Starts NOW - 27th Oct 24
The Power Law in Venture Capital: How Visionary Investors Like Yuri Milner Have Shaped the Future - 27th Oct 24
This Points To Significantly Higher Silver Prices - 27th Oct 24
US House Prices Trend Forecast 2024 to 2026 - 11th Oct 24
US Housing Market Analysis - Immigration Drives House Prices Higher - 30th Sep 24
Stock Market October Correction - 30th Sep 24
The Folly of Tariffs and Trade Wars - 30th Sep 24
Gold: 5 principles to help you stay ahead of price turns - 30th Sep 24
The Everything Rally will Spark multi year Bull Market - 30th Sep 24
US FIXED MORTGAGES LIMITING SUPPLY - 23rd Sep 24
US Housing Market Free Equity - 23rd Sep 24
US Rate Cut FOMO In Stock Market Correction Window - 22nd Sep 24
US State Demographics - 22nd Sep 24
Gold and Silver Shine as the Fed Cuts Rates: What’s Next? - 22nd Sep 24
Stock Market Sentiment Speaks:Nothing Can Topple This Market - 22nd Sep 24
US Population Growth Rate - 17th Sep 24
Are Stocks Overheating? - 17th Sep 24
Sentiment Speaks: Silver Is At A Major Turning Point - 17th Sep 24
If The Stock Market Turn Quickly, How Bad Can Things Get? - 17th Sep 24
IMMIGRATION DRIVES HOUSE PRICES HIGHER - 12th Sep 24
Global Debt Bubble - 12th Sep 24
Gold’s Outlook CPI Data - 12th Sep 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

European Commission Threatens Widespread Gold, Asset Confiscation

Stock-Markets / Market Manipulation Dec 29, 2016 - 11:47 AM GMT

By: Jeff_Berwick

Stock-Markets

The “war on terror” continues...

The US and the North Atlantic Terrorist Organization (NATO) attacked Libya and Syria and began transporting Muslims to Europe as a means of destabilization. They have also conducted numerous other false flag attacks, such as Charlie Hebdo, by which to further confuse and imprison the local population.

The most recent was the so called “terror attack” which occurred several days before Christmas in Berlin, Germany. A truck was deliberately driven into a crowded market killing 12 people and leaving 48 injured.


Now it reaches a logical conclusion with cash and gold being confiscated in the name of making people “safe”.

There is always an ulterior motive which becomes clearly apparent after such “terror” events.

It is no coincidence that in Europe, the European Commission just made a new capital control proposition.

They want to begin restricting cash and precious metals transfers from outside the EU. Of course, the reason given for this suppression is to shut down avenues such as these which are supposedly used to covertly fund militant attacks across the continent.

Yet to be mentioned is that every terror attack and almost all significant ones are likely staged and done with very little money.

The most recent truck attack in Germany, if official reports from the Fake News are to be believed, encompassed one man with a gun stealing a truck.

If the laughable official story regarding 9/11 is to be believed, it only took 19 guys with box cutters.

But, the European commission has been pressing harder lately to set up a “EU-focused terrorist finance tracking program".  Luckily this has been long opposed by those who campaign for privacy and by some EU lawmakers who recognize that it would allow widespread checks on consumers' bank transfers.

People entering Europe with more than 10,000 euros are already required to declare their sum to customs officials before entering the union. Now, officials will be permitted to seize cash or precious metals valued under that threshold from those deemed “suspicious”.

Similar proposals were made after the attacks in Paris. French officials claimed they were funded by such cash alternatives as bitcoin and prepaid debit cards... This new deal would require prepaid card holders to present identification prior to making purchases of 150 euros or more.

In spite of the potential unwanted attention one may receive by owning these assets, the demand and consequently the price for bitcoin has skyrocketed. The prospect of these European capital controls being signed into law combined with the already stringent controls existing in China, has made them even more valuable.

Capital restrictions in conjunction with cash wars being waged in India and Venezuela are causing a large number of people to question their government’s willingness to impose similar such restrictions in their home countries. This is likely another contributing factor in bitcoin’s recent price explosion. It is on the cusp of $1,000.

If you recall, in some of our previous articles we mentioned how the Indian government disallowed the use of their two highest denomination bills. According to recent reports the government has also been going door to door in certain areas to confiscate gold - particularly jewelry.

Not long after the Reserve Bank of India and Modi announced their rejection of high denomination rupees, Venezuelan president Maduro followed suit. In fact, he pulled his country’s largest bank note - the 100 Bolivar - from circulation.

These controls which have already been put in place in various countries will soon come to your country as well if these globalists continue to get their way. It is vital that you begin moving your assets into safer mediums such as bitcoin and precious metals - especially in the United States where gold ownership has been outlawed in the not-so-distant past.

The key to precious metals ownership is in where and how you hold them.  We have written our e-book, Getting Your Gold Out Of Dodge predicting precisely what is occurring today.

And we have written Bitcoin Basics as well to help you understand the basics of bitcoin ownership.

And we are offering all these books and our other reports plus access to our newsletter and worldwide network for a deeply discounted price until the end of the year.

To get access to this wealth saving and making information click here.

In regards to the ongoing war on terror and consequent ongoing capital controls, Benjamin Franklin had it totally correct. He said, “Those who surrender freedom for security will not have, nor do they deserve, either one.”

Many will give up their freedom for the false sense of security, but you don’t have to be one of them.

Anarcho-Capitalist.  Libertarian.  Freedom fighter against mankind’s two biggest enemies, the State and the Central Banks.  Jeff Berwick is the founder of The Dollar Vigilante, CEO of TDV Media & Services and host of the popular video podcast, Anarchast.  Jeff is a prominent speaker at many of the world’s freedom, investment and gold conferences as well as regularly in the media.

© 2016 Copyright Jeff Berwick - 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.

Jeff Berwick 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