The Financial End Game 2.0
Stock-Markets / Credit Crisis 2015 Jan 19, 2015 - 06:49 PM GMT“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.
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