The Master of the Herd of Sheeple uses his lapdog media to feed us with his propaganda and distract us from what is really going on – the band plays on and the people dance around mindlessly while the Titanic sinks. Denial is the choice of the weak, the insecure, the unconscious, and the lazy. Smart people are reading the signs and preparing for the coming financial slaughter. The dig the well before they thirst. A wise man once said, “When there is blood in the streets is the best time to by property.”
There’s very little physical cash in the banking system. According to the Federal Reserve, the amount of physical US currency in circulation is about $1.3 trillion. Yet the amount of “M2” money supply is nearly ten times that amount.
That means that, if even 10% of people hit their breaking points and withdrew their money in cash, there wouldn’t be enough cash in the system to support this demand. And the banks would subsequently collapse. What would you do then? And that is why the bank are limiting the amount of cash people can withdraw and sealing bank accounts when people deposit, what in the bank’s opinion, is deemed to be “a large amount of cash.”
And now, the Bank of America is publicly stating that: markets are in a ‘Twilight Zone’ and that it’s time to hold more cash and gold. When the banks and the once great US$ collapse, gold is the only thing that will save you financially. In fact, it could make you rich overnight – who knows? There’s a reason why Germany has joined China and Russia’s flight to gold. In this shocking video, Bill Holter explains how people will lose everything in the coming scenario.
Gold has a five thousand year history as money which is all good. Paper money has been around for about 200 years, and its history is all bad; every paper currency – fiat currency – has failed. So it makes sense, as we face the very real prospect of hyperinflation and the collapse of our paper currencies around the world, to swap some of that declining paper currency for real money – gold. Transfer it from one form to another form. Paper currency is merely a poor substitute for gold.
Robin Elliott LeverageAdvantage.com