“Americans are so stupid you can spit in their face and then convince them it is dew!” Nikita Khrushchev
Every day I am asked, “When is the ‘economic collapse’ going to happen?” I have to tell them, “It already has!” One has to but open their eyes to see what is happening around the globe, but most don’t. They are waiting for an edict from the government announcing such or a club to hit them in the face. The next crisis may not have reached Wall Street yet but there are literally billions of people around the world already feeling the effects of this collapse. The populace continues to sit in their lukewarm pot of water that is heating up and dissipating by the minute.
Today Europe is engulfed in a deep economic depression with a “Never Ending Story”. Now China and Japan, the 2nd and 3rd largest economies, states that the inequality is growing in their countries. Internationally 80% of the world’s population subsists on less than $10 a day. What does it cost for each of your family members to survive for a day? Fifty, sixty dollars, maybe more.
The average American won’t accept the world’s truth when the Dow is setting new all-time records with record unemployment and zero GDP! Doesn’t that mean that everything is okay? Remember the housing and stock market bubbles that burst in 2008 have simply been re-inflated by Q-Infinity squared and a bubble is always the biggest right before it bursts. The next major wave of the economic collapse is already sweeping across Europe and Asia and it is going to devastate the United States when our dollars return because no one uses or wants them. I hope that you are ready because this train ride is starting to rock!
You will get no advance warning, no chance to get your money out, and no choice in the matter on the day your life savings vanish. I have said repeatedly, “It no longer matters what price you pay but whether you are able to transfer your paper currency to real gold or silver. There will be no dimming of the light only a flick of the switch that determines who has precious metals and who does not. The Eastern populace has already accepted this and is willing to pay any price for their fiat currency transferred to metals. In the end it will not matter if you are early securing gold and silver only that you were too late!”
Dollars are just paper squares with ink on it and some writing that states, “FEDERAL RESERVE NOTE”, “IN GOD WE TRUST”, “and “THIS NOTE IS LEGAL TENDER FOR ALL DEBTS PUBLIC AND PRIVATE”. Our current note, the last of six created by our government in the past 237 years has lasted some 40 plus years. One might even guess that the Federal Reserve Note is past its prime and overdue for replacement since it is worth about 2 cents on the dollar. Could the money that has been printed the past few years be stored just waiting for the Federal Reserve and the bank-sters to revalue the dollar? Could Cyprus happen here in the U.S and England? Could the dollar and pound be exchanged at a rate of 2 for 1, or a 50% haircut for everyone?
The FDIC and the BANK of ENGLAND have developed new regulations to resolve globally active and systemically important banking institutions. These organizations will not be allowed to go bankrupt as it could “create significant and systemic risks for the real economy by interrupting critical services, disrupting key financial relationships, and freezing financial markets. In addition, it can destroy value, harming the real economy.” One might ask, what is left to destroy?
They propose cross-border cooperation between authorities to ensure that local authorities support their resolutions which will be carried out by foreign authorities. Huh, what does that mean? Will we take control of their system and they take control of ours? These requirements supposedly will ensure that banks have sufficient capital and debt in issue to make them resolvable using “bail-in” techniques. They state, “The valuation will determine how far up the capital structure the write down or conversion of debt may need to apply (that is, whether shareholders and subordinated debt holders can fully absorb losses in order to recapitalize the firm, or whether senior unsecured creditors would also need to be included).” So, just the lowly shareholders (depositors) will be “bailing in” the banks not the senior unsecured creditors! Really? They then go on to state, “The FDIC and the Bank of England have developed resolution strategies that take control of the failed company at the top of the group, impose losses on shareholders and unsecured creditors-not on taxpayers.” Wake up you Sheeple, they are telling you what they are planning and going to do!
The governments, of the U.S and England, will not announce that President Obama and Prime Minister David Cameron are scheduled to speak to their countries. Citizens will not be notified, nor asked to support their decision to require citizens to “bail in” the private banking system in order to “contain and continue” the systemic economic banking crisis that has developed recently. They will simply close the stock market and all banks, possibly over a long holiday weekend, and force all customers to wait until they decide what amount will be trimmed from their personal accounts. Everyone will be faced with a digital and foreign attack on their personal banking system. After the fact the president and prime minister will announce that Congress and Senate, under much advisement, “have acted decisively and heroically to save the savings of working Americans.” Then the banks will re-open with the money in people’s savings, pension, IRA and 401(k) accounts missing and Government Backed Retirement Accounts set up for those who had such things. Only now they will be invested in government bonds and return to you an annual yield of 3%. Now you know what will happen! YOUR GOVERNMENT AND BANKING CARTELS HAVE TOLD YOU WHAT THEY ARE PLANNING TO DO AND YET YOU FAIL TO ACT!
How much deception and trust does one have to experience, IRS targeting conservatives, “Fast and Furious” guns for Drug Cartels, Benghazi lies and on and on. Today government cannot be trusted and real assets are all you can trust in? This administration, complicit and controlled by the .001 powered elites that own the Federal Reserve, will steal your wealth under the guise of wealth redistribution because and that is why you no longer feel safe in our own home. The powered elites are not bound and decide who are not bound to the laws of our Constitution. The laws only bind the common man and are thrown out the window to support the banks sinister plans or the elites and their corporations from Monsanto and assistance from the governments new E.P.A.
Do you really have to ask me? What about my annuity, my 401k, my gold stocks, my pension, my trust? Understand this, they are just paper! YOU HAVE BEEN TOLD WHAT THEY ARE WORTH AND THAT THEY WILL ALWAYS BE VALUABLE BY THOSE THAT SET UP THE SYSTEM AND SIGNED YOU UP. If you value these pieces of paper and believe in the paper, keep them. That is your belief system backed by trust in your government. I dearly hope I am wrong but what if I am right? History has shown for thousands of years that paper, in the end, isn’t worth the paper it is written on! Two copper pennies today are worth more than our current dollar. Tangible goods are hard assets like gold and silver, your home, a family farm, antique and art work, guns and ammo and food.
Even then the government may figure out another way to steal your assets under the creation of yet another crisis where martial law would dictate that the government needs your assets to survive. Our country is currently “under a peacetime martial law since March, 2012 by Obama’s executive order. We may all discover that “It was a global takeover of all we owned!” We all may find that we have simply been playing a long game of Monopoly our whole life. Remember at the end all the properties, houses, hotels and paper money go back in the box and “to the house”! NOW PROTECT YOUR FAMILY WHILE YOU STILL CAN BY BUYING SILVER AND GOLD!
Roxy Lewis is a precious metals broker and business woman in western Colorado dedicated to educating others to protect themselves and their family’s assets. She writes weekly articles @ www.whynotgold.comwunder her weekly BLOG and ARCHIVED articles of the past. VISIT her website that features VISIBLE, CONSTANTLY changing pricing every 15 sec. from the COMEX. Find out why her customers say, “You have the lowest prices I have found, I won’t use anyone else!”
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