Before the real revolution can happen, a greater number of people must reach a clear comprehension of the ongoing fraud upon humanity that has been perpetuated for generations by the banking industry.
Lot's of good information here that I admittedly have not had time the review it all. We should all know that fractional reserve banking has always been a way to lie for the banks and is much worse now after 2020. The one thing to note is that the real problem is human dishonesty. Money has proven to be a major problem and the love of many has proven to be a huge problems with humans, but the real problem is human dishonesty and greed for everything not just money. I'm not sure how much Satan got paid for lying to Adam and Eave. Not sure how money was involved in Cain Killing Able. In other words, money isn't the problem, human dishonesty greed for power and hatred of others seems to lead the way.
In reality, what many call primitive animal-level, is the real billions of years of successful intelligence of the organism. When this self-regulation is activated, the whole organism, all functions, start to normalise- rejuvenate. No touch, no medicine, no tech needed and very little talking.
In the new paradigm its all about self regulation - not sickness.
Yep, that's what it is, been screaming it from the rooftops for years. A simple reminder: All wars (and created/instigated "crises") are bankers' wars.
The whole point of the plandemic was, just like after 2008, the dot.com bubble and so fort, to steal your (tax) dollars. A multi trillion dollar wealth transfer. Because their global financial system, based on speculation is far beyond bankrupt. There's not such a thing as an "economy" in the US or in the west for that matter anymore. The next bubble will be "AI", that will become, apart from your digital concentration camp, "too big to fail". And you guessed it right, for "national security reasons" the government (you and me) has to bail them out, otherwise the "big bad evil China" will win the "AI-war".
Those who paid a little attention from the start of the plandemic, will have noticed that it was Blackrock who picked the winners. Bailing out and "going direct" to those companies of who they're the major shareholders, at your expense. Effectively, the 4 institutional investment banking conglomerates own all key industries, they control this planet.
However, their bubble of derivatives (financial products) is "worth" at least 20 times the global GDP. Thinks about it. There's no collateral. That's why we're witnessing death and destruction around the globe and in particular in Ukraine and the Middle East. Research the role of the Rotschild family in this, in Israel, the UK, EU and the US. Read the Balfourt declaration.
That's also why they're "tokenizing" everything, in which the easy to understand one is carbon taxes. The goal is tokenizing everything; land, air, water in order to financialize it for by the bankers to be traded and enslave you. It's at its final stages.
Their ultimate goal is digital IDs and digital currencies (crypto, stable coins), that's the mark of the beast. That will shut the door for us "peasants". Again, that's why they're in such a hurry to build data centers, erect 5/6G towers on every street corner, as well the flood of cameras put up at all traffic lights. Should be a nightmare for anyone with more than 2 brain cells.
In short; The UN/WEF Agenda 2030 and its "Sustainable Development Goals" in action.
First thing to do; Abolish the Federal Reserve, the central bank owned by private bankers. That is the major commercial banks who create the 97% of currency out of thin air.
The Path Forward: Overthrowing Dualism Through Self-Regulation
To counter dualism’s destructive legacy, the document advocates for the activation of disturbed regions through practices like vegetative training, using the “human basic position”—a neutral, open stance that facilitates self-rejuvenation. By embracing free self-regulation, individuals can unleash suppressed rage and other vegetative discharges, dismantling the psychopathic structures that dualism sustains. This process is not merely personal but revolutionary, as integrated individuals foster empathetic, cooperative societies that align with the organism’s cosmic intelligence.
Thank you,James for once agsin providing the public with a beyyer and truthful education about modern banking. I had bought and lost 5 homes to raise my family in, before i signed the papers on my 6th house to purchase. Only then was i educated on the entirely made up money that my home loaning institution created only upon my willingness to borrow that amount to take posession of my " new" to me, home. Then i thought," What a total scam loanees are manipulated and coerced into simply to ' own' a home, which we never truly own bc we are aldo forced to pay ever increasing property taxes every year on that same house or abode. I built and lived in a large tipi structure till it burned to the proverbial ground, causing me to lose nearly everything i had owned,on Dec.24th,2024. But i will build again even tho inflation eats my lunch. Tipis are not that costly to build and created correctly, can last thru tornadic winds, which is why native Americans designed tipis the way that is so naturally strong. Tornados spin clockwise in our hemisphere. Tipis are built with the main load bearing poles set counter clockwise,or thats,anyway,that is the way i built mine. I do this to beat being subjected to banks and their usury. T Y again for your great info and teaching folks how they,but no longer myself, are being ripped by kenders creating funfs from the public folks's signatures to concede to paying 'back' what they have cteated with their dignatures as a promise to pay. I wish you well. I read your work every day.
Thank you James. Yes, I learned this secret while I was working in the accounting system of a Wall Street bank. I found the American Monetary Institute, with Stephen Zarlenga, who researched for 11-years and then wrote and published his book on the history of money, LOST SCIENCE OF MONEY. Stephen worked with some U.S. Green Party members in 2008 to get monetary reform into the national platform of the Green Party. The monetary reform plank is called 'Greening the Dollar'. But the most exciting part was Dennis Kucinich getting the monetary reform bill, HR2990, The NEED Act (National Emergency Employment Act) into a Congressional committee, in 2011. This act has the 3 things that have to occur (ALL AT THE SAME TIME) to have true monetary reform: 1) take the power to create money away from the banks and return it to Congress, who has the constitutional right to issue sovereign money and regulate its value 2) buy all assets of the Federal Reserve Banks and make the Fed a bureau within the Treasury 3) all new money will be spent into circulation by the U.S. Government as authorized by Congress for public purpose. This includes funding a 21st century infrastructure including education and health care. Per capita spending guidelines for new money will assure a fair distribution across the nation. Newly-created money will also be distributed directly to state and local governments, who decide how to spend it.
Trump is talking about 50 year mortgages. Do you have any idea how long it will take to build up "equity"? With 50 year mortgages most people will be dead before they pay off their mortgages. Instead of leaving an asset to their beneficiaries, they will be leaving them a loan to pay. Shades of the WEF-- "You will own nothing, and be happy." Everybody will be renting, which is what the
Bankers want. When you own nothing, you will have no control or power.
Whatever you do, protect yourself by getting out of tech stocks and anything else that's remotely popular, like crypto. AI especially is part of a deliberately inflated bubble. Thirty-five percent of the US stock market's value is made up of just seven stocks: Google, Amazon, Apple, Microsoft, Tesla, Meta, and NVIDIA, and NVIDIA makes up almost 20% of those seven. Do you think your mutual funds and ETFs have stock in those companies? Even if you don't directly own their individual stocks, you're exposed. The financial reports and press releases of companies OpenAI sound insane because they are insane, but they're insane on purpose. Those billions of dollars they're promising are shiny objects that can never be achieved, and it's by design. When the psychopaths behind AI decide to pull the pin it will start the chain reaction that brings down the economy. If your investments touch those companies you'll own nothing and it will fucking suck. (Also, if you sample just a few articles by Ed Zitron at wheresyoured.at, the trap they're setting with AI becomes pretty clear. The figures those seven companies throw around about AI are government numbers. That's who's going to be buying their bullshit digital chains, and with money looted from taxpayers.)
Crypto is Barbie doll money: pretend money that isn't even tethered to paper fiat dollars. Besides the CBDC risk of it, what happens when the power goes out? Or the internet? An EMP in the right place and now you own nothing. Oh, the power came back on? Well, for safety the government's going to hold "your" money on its Blockchain of Everything. Problem, reaction, solution.
Personally I'm counting on metals. Besides the usual stocks and funds there's physical gold and silver. Gold bullion bars and coins are expensive, but Goldbacks are not. They're denominated in fractional amounts from 1/2000 of an ounce (about $4 each) to 1/10th (about $830) of an ounce of 24-karat gold that's vacuum-deposited between polymer sheets. Depending on the denomination they're about the size of a dollar bill (more gold content = bigger Goldback). Goldback.com has a searchable database of merchants that take them. Because they come in a variety of denominations starting at $4 per Goldback, it's easy to put yourself on a regular schedule of buying an affordable amount per month to start amassing a physical gold collection. I wish they paid me to shill for them because it's the coolest idea I've ever heard and completely does away with the objection that physical gold as currency is "cumbersome." It's not any more.
In this publication, we warn regularly of the risk involved in storing wealth in banks. They’ve made the removal of your deposits increasingly difficult in addition to colluding with governments to allow them to legally freeze or confiscate your money. To add insult to injury, they’re creating reporting requirements with regard to the contents of safe deposit boxes and restricting what can be stored in them – again, at risk of confiscation.
More and more, banks are becoming one of the more risky places to store wealth in any form. Not surprising, then, that many people are returning to those facilities that treat wealth storage the way the first banks did millennia ago – vault facilities that store your wealth for a fee but engage in no other banking activities.
But, in suggesting to our readers that such facilities are a better bet, I’ve also repeatedly warned readers that many such facilities don’t store actual, physical gold. They instead provide a contract to you that states that they will deliver an agreed-upon amount of gold upon demand. The trouble with this idea is that it becomes tempting for such facilities to sign such a contract with you and collect the purchase price but never actually purchase and store any gold. It’s been estimated that the total worldwide value of such contracts equals 150 times the amount of gold in existence in the world.
Uh-oh.
This is why it’s imperative that you purchase only physical, allocated gold.
And another caution: I’ve repeatedly stated that, although many of the most secure facilities in the world are located in North America and Europe, these jurisdictions are on the cusp of economic crisis, a fact that suggests that, if and when the crisis arrives, the rule book will be thrown out the window. Governments and facilities alike may prove untrustworthy and, at some point, you may drop by the facility to withdraw your gold and be told, “Sorry, we’re unable to provide delivery.” There could be a multitude of reasons given, hoops to jump through, and endless red tape to deal with. And still, in the end, you may never be able to take delivery.
It’s for these reasons that we advise that, although nothing in life is guaranteed, you should always protect your wealth by choosing the least risky option.
This means that you should follow two simple rules – Rule #1: Select the jurisdiction with the best laws and reputation. Rule #2: Make sure there’s a reputable storage facility in that jurisdiction that has a Class III vault and a contract that meets your needs.
But am I being overly cautious when I so frequently offer this advice? Unfortunately, no. I’ve predicted that, in the future, as we get closer to a monetary crisis, banks and storage facilities that are located in countries that are likely to be heavily affected will work ever harder to avoid releasing either money on deposit (in the case of banks) and precious metals (in the case of storage facilities).
Recently, the reports that I’ve been receiving from wealth storage facilities in advantageous jurisdictions are indicating that that prediction is beginning to come to fruition. In case after case, clients are having a harder time getting their money and their metals out. In most cases, those institutions that don’t wish to deliver are creating red tape, stalling techniques (which are costly in both time and money), and, in some cases, outright refusals to deliver.
Let’s look at two actual examples – one of a bank, one of a wealth-storage facility.
USA: A client asks his bank to wire transfer US$178,000 in funds to an overseas facility to purchase precious metals for storage. The bank then created a series of roadblocks:
Required a written request with an original, signed copy to be hand-delivered.
Once that was done, a voice authorization of the letter by phone was required.
Once that was done, it required the client to receive a PIN number, which would take several days to create and would need to be sent by courier.
After the client jumped through all those hoops, the bank changed its requirements completely, requiring that a cashier’s cheque be sent instead, which required ten days clearance.
Lost time – four weeks from date of first request.
Austria: A client tries to transfer his allocated 138 gold Philharmonics from his bank to a facility in another jurisdiction. The bank repeatedly produced roadblocks, as follows:
Refused to ship the products themselves and refused to arrange shipment.
Refused to release the goods to FedEx when they arrived, even though proof of insurance was provided. The bank then insisted on the hiring of a Brinks truck.
They then refused to release the coins at all, except to another bank.
They then claimed that they were “not ready” to release the coins. The client was invited to “try again” if he wished. (Eight attempts were required.)
Finally, they agreed to release the coins, but only if a 1% withdrawal fee were applied (not part of the original agreement – essentially a ransom).
There are many, many more examples already, but these should suffice to illustrate the growing trend: If you wish to get your money or metals out of an endangered jurisdiction, such as an EU country or North America, the window of opportunity is closing. Expect them to make it difficult, costly, and even impossible for you to get out.But why should this be? What are these institutions up to? Don’t they realise that they’re sending a message to clients that they’re not helpful partners?
Well, yes they do, but they’re also aware of another factor that’s more important to them. As the economic crisis gets ever closer, they understand that the day will soon come when a banking emergency is declared and the banks will shut their doors for an as-yet-unknown period of time (presumably until a solution is found). What will the new rules be? No one knows. Will the banks and storage facilities be obligated to deliver in full if the doors open once again? No one knows.
Therefore, in the final stretch of this race to the bottom, they want to be holding as much of your money and metals as they can.
The above examples are just the thin end of the wedge and we can expect the future to reveal greater restrictions. Whilst, in an economic crisis, there are no guarantees, what we can do is opt for the situation that’s least likely to cost us our wealth. Again,
Choose a jurisdiction that has the best track record – a long history of a low-tax, or no-tax, regime; a stable government and legislation that protects rather than victimises the foreign investor.
Choose the jurisdiction that’s easiest for you to access – In Europe, this might be Switzerland or Austria. In Asia, this might be Singapore or Hong Kong. In the Western Hemisphere, this might be the Cayman Islands.
Choose the best facility within that jurisdiction – the one that has the best reputation and offers the best contract (competitive rates, Class III vault facility, 24-hour viewing access, etc.).
At this juncture, we can’t say how long the need to safeguard wealth will be as essential as it will be in the near future. It may be brief (a few years), or it may be many years before the dust has settled. Whatever the outcome of the coming economic crisis, those who have chosen the safest havens for their wealth will be those who will fare best.
Editor’s Note: As we get closer to widespread economic collapse, choosing where to put your money is crucial to ensuring it doesn’t get caught in the crosshairs.
We’ve eliminated the guess work and found an ideal solution that will help keep your savings safe and within your control… even during the worst of times. That’s exactly why we just released an urgent dispatch:
The problem is that all the worlds resources are controlled by the owners of the BIS/Central Bank system, including the precious metals. If you look at the historical data you can see that depressions were longer and more frequent when gold backed the money. The problem is the private control of the creation of money. Nations states have been reduced to policy enforcers, rubberstamping policy made by the policy makers above them in the BIS hierarchy. Gold is a volitile investment. Crypto's value is tied to the current money system. If you have to buy your money, it is not money. Money is about governance. The American Revolution was an attempt to get out from under the European's bankers control of gold money and in that regard we lost the revolution. It is time now for the world to win is sovereign right to publicly create money not as an interst-bearing debt but as a permamently circulating asset issued exclusively for productive public purpose. Today 80% of bank created money is for speculation, creating nothing of value.
Money is publicly created now, and that's the problem. And for something to be a sovereign right it has to be a private right. In fact, there are no other kinds of rights, which by definition are individual, not public. The public, as such, has no rights. Without property rights, which are an individual right, no other rights are possible and therefore no freedom is possible. So I don't know what a productive public purpose means or who gets to decide whether something meets the standard of productive in that context.
Yes, banks have precious metal assets, but they don't control the gold in your basement safe. Gold is volatile only in relation to the dollar, the value of which has been deliberately and steadily eroded, which is why yesterday gold was $4,100 an ounce. If you look at a chart of its historical prices against the dollar, it really took off in 1971 when the US went off the gold standard, because that's when the dollar's decline accelerated. If the federal reserve had never been created and the dollar had never gone off the gold standard, a loaf of bread would be five cents today and gold would have the same value relative to the dollar that it always did. The dollar would be understood as a fractional representation of physical metal and as something that would have zero intrinsic value without that anchor.
The banks can't do anything about what people barter with once the SHTF. Something has to represent money. Something portable, relatively rare, indestructible, and divisible. Sea shells just don't appeal to that many people, but gold always has.
Thank you James! and thank you to the link for the Promissory Note and others
Lot's of good information here that I admittedly have not had time the review it all. We should all know that fractional reserve banking has always been a way to lie for the banks and is much worse now after 2020. The one thing to note is that the real problem is human dishonesty. Money has proven to be a major problem and the love of many has proven to be a huge problems with humans, but the real problem is human dishonesty and greed for everything not just money. I'm not sure how much Satan got paid for lying to Adam and Eave. Not sure how money was involved in Cain Killing Able. In other words, money isn't the problem, human dishonesty greed for power and hatred of others seems to lead the way.
Let me know when I can call you tomorrow Monday afternoon.
Sue
Anytime
In reality, what many call primitive animal-level, is the real billions of years of successful intelligence of the organism. When this self-regulation is activated, the whole organism, all functions, start to normalise- rejuvenate. No touch, no medicine, no tech needed and very little talking.
In the new paradigm its all about self regulation - not sickness.
https://vegetativetraining.wordpress.com/2025/09/19/disturbed-regions-in-the-organism-activate/
Yep, that's what it is, been screaming it from the rooftops for years. A simple reminder: All wars (and created/instigated "crises") are bankers' wars.
The whole point of the plandemic was, just like after 2008, the dot.com bubble and so fort, to steal your (tax) dollars. A multi trillion dollar wealth transfer. Because their global financial system, based on speculation is far beyond bankrupt. There's not such a thing as an "economy" in the US or in the west for that matter anymore. The next bubble will be "AI", that will become, apart from your digital concentration camp, "too big to fail". And you guessed it right, for "national security reasons" the government (you and me) has to bail them out, otherwise the "big bad evil China" will win the "AI-war".
Those who paid a little attention from the start of the plandemic, will have noticed that it was Blackrock who picked the winners. Bailing out and "going direct" to those companies of who they're the major shareholders, at your expense. Effectively, the 4 institutional investment banking conglomerates own all key industries, they control this planet.
However, their bubble of derivatives (financial products) is "worth" at least 20 times the global GDP. Thinks about it. There's no collateral. That's why we're witnessing death and destruction around the globe and in particular in Ukraine and the Middle East. Research the role of the Rotschild family in this, in Israel, the UK, EU and the US. Read the Balfourt declaration.
That's also why they're "tokenizing" everything, in which the easy to understand one is carbon taxes. The goal is tokenizing everything; land, air, water in order to financialize it for by the bankers to be traded and enslave you. It's at its final stages.
Their ultimate goal is digital IDs and digital currencies (crypto, stable coins), that's the mark of the beast. That will shut the door for us "peasants". Again, that's why they're in such a hurry to build data centers, erect 5/6G towers on every street corner, as well the flood of cameras put up at all traffic lights. Should be a nightmare for anyone with more than 2 brain cells.
In short; The UN/WEF Agenda 2030 and its "Sustainable Development Goals" in action.
First thing to do; Abolish the Federal Reserve, the central bank owned by private bankers. That is the major commercial banks who create the 97% of currency out of thin air.
You’re well - come
Thank you for your continued work James to clarify necessary information.
Jan
The Path Forward: Overthrowing Dualism Through Self-Regulation
To counter dualism’s destructive legacy, the document advocates for the activation of disturbed regions through practices like vegetative training, using the “human basic position”—a neutral, open stance that facilitates self-rejuvenation. By embracing free self-regulation, individuals can unleash suppressed rage and other vegetative discharges, dismantling the psychopathic structures that dualism sustains. This process is not merely personal but revolutionary, as integrated individuals foster empathetic, cooperative societies that align with the organism’s cosmic intelligence.
https://vegetativetraining.wordpress.com/a-critical-examination-of-dualism-the-destructive-force-of-a-fragmented-reality-orientation/
Thank you,James for once agsin providing the public with a beyyer and truthful education about modern banking. I had bought and lost 5 homes to raise my family in, before i signed the papers on my 6th house to purchase. Only then was i educated on the entirely made up money that my home loaning institution created only upon my willingness to borrow that amount to take posession of my " new" to me, home. Then i thought," What a total scam loanees are manipulated and coerced into simply to ' own' a home, which we never truly own bc we are aldo forced to pay ever increasing property taxes every year on that same house or abode. I built and lived in a large tipi structure till it burned to the proverbial ground, causing me to lose nearly everything i had owned,on Dec.24th,2024. But i will build again even tho inflation eats my lunch. Tipis are not that costly to build and created correctly, can last thru tornadic winds, which is why native Americans designed tipis the way that is so naturally strong. Tornados spin clockwise in our hemisphere. Tipis are built with the main load bearing poles set counter clockwise,or thats,anyway,that is the way i built mine. I do this to beat being subjected to banks and their usury. T Y again for your great info and teaching folks how they,but no longer myself, are being ripped by kenders creating funfs from the public folks's signatures to concede to paying 'back' what they have cteated with their dignatures as a promise to pay. I wish you well. I read your work every day.
We need a public bank and a democracy. Chouard.org accq.quebec
Thank you James. Yes, I learned this secret while I was working in the accounting system of a Wall Street bank. I found the American Monetary Institute, with Stephen Zarlenga, who researched for 11-years and then wrote and published his book on the history of money, LOST SCIENCE OF MONEY. Stephen worked with some U.S. Green Party members in 2008 to get monetary reform into the national platform of the Green Party. The monetary reform plank is called 'Greening the Dollar'. But the most exciting part was Dennis Kucinich getting the monetary reform bill, HR2990, The NEED Act (National Emergency Employment Act) into a Congressional committee, in 2011. This act has the 3 things that have to occur (ALL AT THE SAME TIME) to have true monetary reform: 1) take the power to create money away from the banks and return it to Congress, who has the constitutional right to issue sovereign money and regulate its value 2) buy all assets of the Federal Reserve Banks and make the Fed a bureau within the Treasury 3) all new money will be spent into circulation by the U.S. Government as authorized by Congress for public purpose. This includes funding a 21st century infrastructure including education and health care. Per capita spending guidelines for new money will assure a fair distribution across the nation. Newly-created money will also be distributed directly to state and local governments, who decide how to spend it.
Sue,
I welcome the opportunity to discuss this further with you. Call me whenever you can 310-619-3055
Have known this for a long time. It's just, as you say in your articles, figuring out how to get round their debt system.
Trump is talking about 50 year mortgages. Do you have any idea how long it will take to build up "equity"? With 50 year mortgages most people will be dead before they pay off their mortgages. Instead of leaving an asset to their beneficiaries, they will be leaving them a loan to pay. Shades of the WEF-- "You will own nothing, and be happy." Everybody will be renting, which is what the
Bankers want. When you own nothing, you will have no control or power.
Hey James,
You should maybe add "All Wars Are Bankers Wars" by Michael Rivero.
For years it's been my favorite video to share with people new to this subject.
It's sort of a gentle introduction that sows some seeds for curiosity.
There are many copies uploaded to YT, below is one:
https://www.youtube.com/watch?v=BXeAIxK7rY4
Thank you.
Whatever you do, protect yourself by getting out of tech stocks and anything else that's remotely popular, like crypto. AI especially is part of a deliberately inflated bubble. Thirty-five percent of the US stock market's value is made up of just seven stocks: Google, Amazon, Apple, Microsoft, Tesla, Meta, and NVIDIA, and NVIDIA makes up almost 20% of those seven. Do you think your mutual funds and ETFs have stock in those companies? Even if you don't directly own their individual stocks, you're exposed. The financial reports and press releases of companies OpenAI sound insane because they are insane, but they're insane on purpose. Those billions of dollars they're promising are shiny objects that can never be achieved, and it's by design. When the psychopaths behind AI decide to pull the pin it will start the chain reaction that brings down the economy. If your investments touch those companies you'll own nothing and it will fucking suck. (Also, if you sample just a few articles by Ed Zitron at wheresyoured.at, the trap they're setting with AI becomes pretty clear. The figures those seven companies throw around about AI are government numbers. That's who's going to be buying their bullshit digital chains, and with money looted from taxpayers.)
Crypto is Barbie doll money: pretend money that isn't even tethered to paper fiat dollars. Besides the CBDC risk of it, what happens when the power goes out? Or the internet? An EMP in the right place and now you own nothing. Oh, the power came back on? Well, for safety the government's going to hold "your" money on its Blockchain of Everything. Problem, reaction, solution.
Personally I'm counting on metals. Besides the usual stocks and funds there's physical gold and silver. Gold bullion bars and coins are expensive, but Goldbacks are not. They're denominated in fractional amounts from 1/2000 of an ounce (about $4 each) to 1/10th (about $830) of an ounce of 24-karat gold that's vacuum-deposited between polymer sheets. Depending on the denomination they're about the size of a dollar bill (more gold content = bigger Goldback). Goldback.com has a searchable database of merchants that take them. Because they come in a variety of denominations starting at $4 per Goldback, it's easy to put yourself on a regular schedule of buying an affordable amount per month to start amassing a physical gold collection. I wish they paid me to shill for them because it's the coolest idea I've ever heard and completely does away with the objection that physical gold as currency is "cumbersome." It's not any more.
Sorry, You Can’t Have Your Gold by Jeff Thomas
In this publication, we warn regularly of the risk involved in storing wealth in banks. They’ve made the removal of your deposits increasingly difficult in addition to colluding with governments to allow them to legally freeze or confiscate your money. To add insult to injury, they’re creating reporting requirements with regard to the contents of safe deposit boxes and restricting what can be stored in them – again, at risk of confiscation.
More and more, banks are becoming one of the more risky places to store wealth in any form. Not surprising, then, that many people are returning to those facilities that treat wealth storage the way the first banks did millennia ago – vault facilities that store your wealth for a fee but engage in no other banking activities.
But, in suggesting to our readers that such facilities are a better bet, I’ve also repeatedly warned readers that many such facilities don’t store actual, physical gold. They instead provide a contract to you that states that they will deliver an agreed-upon amount of gold upon demand. The trouble with this idea is that it becomes tempting for such facilities to sign such a contract with you and collect the purchase price but never actually purchase and store any gold. It’s been estimated that the total worldwide value of such contracts equals 150 times the amount of gold in existence in the world.
Uh-oh.
This is why it’s imperative that you purchase only physical, allocated gold.
And another caution: I’ve repeatedly stated that, although many of the most secure facilities in the world are located in North America and Europe, these jurisdictions are on the cusp of economic crisis, a fact that suggests that, if and when the crisis arrives, the rule book will be thrown out the window. Governments and facilities alike may prove untrustworthy and, at some point, you may drop by the facility to withdraw your gold and be told, “Sorry, we’re unable to provide delivery.” There could be a multitude of reasons given, hoops to jump through, and endless red tape to deal with. And still, in the end, you may never be able to take delivery.
It’s for these reasons that we advise that, although nothing in life is guaranteed, you should always protect your wealth by choosing the least risky option.
This means that you should follow two simple rules – Rule #1: Select the jurisdiction with the best laws and reputation. Rule #2: Make sure there’s a reputable storage facility in that jurisdiction that has a Class III vault and a contract that meets your needs.
But am I being overly cautious when I so frequently offer this advice? Unfortunately, no. I’ve predicted that, in the future, as we get closer to a monetary crisis, banks and storage facilities that are located in countries that are likely to be heavily affected will work ever harder to avoid releasing either money on deposit (in the case of banks) and precious metals (in the case of storage facilities).
Recently, the reports that I’ve been receiving from wealth storage facilities in advantageous jurisdictions are indicating that that prediction is beginning to come to fruition. In case after case, clients are having a harder time getting their money and their metals out. In most cases, those institutions that don’t wish to deliver are creating red tape, stalling techniques (which are costly in both time and money), and, in some cases, outright refusals to deliver.
Let’s look at two actual examples – one of a bank, one of a wealth-storage facility.
USA: A client asks his bank to wire transfer US$178,000 in funds to an overseas facility to purchase precious metals for storage. The bank then created a series of roadblocks:
Required a written request with an original, signed copy to be hand-delivered.
Once that was done, a voice authorization of the letter by phone was required.
Once that was done, it required the client to receive a PIN number, which would take several days to create and would need to be sent by courier.
After the client jumped through all those hoops, the bank changed its requirements completely, requiring that a cashier’s cheque be sent instead, which required ten days clearance.
Lost time – four weeks from date of first request.
Austria: A client tries to transfer his allocated 138 gold Philharmonics from his bank to a facility in another jurisdiction. The bank repeatedly produced roadblocks, as follows:
Refused to ship the products themselves and refused to arrange shipment.
Refused to release the goods to FedEx when they arrived, even though proof of insurance was provided. The bank then insisted on the hiring of a Brinks truck.
They then refused to release the coins at all, except to another bank.
They then claimed that they were “not ready” to release the coins. The client was invited to “try again” if he wished. (Eight attempts were required.)
Finally, they agreed to release the coins, but only if a 1% withdrawal fee were applied (not part of the original agreement – essentially a ransom).
There are many, many more examples already, but these should suffice to illustrate the growing trend: If you wish to get your money or metals out of an endangered jurisdiction, such as an EU country or North America, the window of opportunity is closing. Expect them to make it difficult, costly, and even impossible for you to get out.But why should this be? What are these institutions up to? Don’t they realise that they’re sending a message to clients that they’re not helpful partners?
Well, yes they do, but they’re also aware of another factor that’s more important to them. As the economic crisis gets ever closer, they understand that the day will soon come when a banking emergency is declared and the banks will shut their doors for an as-yet-unknown period of time (presumably until a solution is found). What will the new rules be? No one knows. Will the banks and storage facilities be obligated to deliver in full if the doors open once again? No one knows.
Therefore, in the final stretch of this race to the bottom, they want to be holding as much of your money and metals as they can.
The above examples are just the thin end of the wedge and we can expect the future to reveal greater restrictions. Whilst, in an economic crisis, there are no guarantees, what we can do is opt for the situation that’s least likely to cost us our wealth. Again,
Choose a jurisdiction that has the best track record – a long history of a low-tax, or no-tax, regime; a stable government and legislation that protects rather than victimises the foreign investor.
Choose the jurisdiction that’s easiest for you to access – In Europe, this might be Switzerland or Austria. In Asia, this might be Singapore or Hong Kong. In the Western Hemisphere, this might be the Cayman Islands.
Choose the best facility within that jurisdiction – the one that has the best reputation and offers the best contract (competitive rates, Class III vault facility, 24-hour viewing access, etc.).
At this juncture, we can’t say how long the need to safeguard wealth will be as essential as it will be in the near future. It may be brief (a few years), or it may be many years before the dust has settled. Whatever the outcome of the coming economic crisis, those who have chosen the safest havens for their wealth will be those who will fare best.
Editor’s Note: As we get closer to widespread economic collapse, choosing where to put your money is crucial to ensuring it doesn’t get caught in the crosshairs.
We’ve eliminated the guess work and found an ideal solution that will help keep your savings safe and within your control… even during the worst of times. That’s exactly why we just released an urgent dispatch:
https://internationalman.com/articles/sorry-you-cant-have-your-gold/
The problem is that all the worlds resources are controlled by the owners of the BIS/Central Bank system, including the precious metals. If you look at the historical data you can see that depressions were longer and more frequent when gold backed the money. The problem is the private control of the creation of money. Nations states have been reduced to policy enforcers, rubberstamping policy made by the policy makers above them in the BIS hierarchy. Gold is a volitile investment. Crypto's value is tied to the current money system. If you have to buy your money, it is not money. Money is about governance. The American Revolution was an attempt to get out from under the European's bankers control of gold money and in that regard we lost the revolution. It is time now for the world to win is sovereign right to publicly create money not as an interst-bearing debt but as a permamently circulating asset issued exclusively for productive public purpose. Today 80% of bank created money is for speculation, creating nothing of value.
Money is publicly created now, and that's the problem. And for something to be a sovereign right it has to be a private right. In fact, there are no other kinds of rights, which by definition are individual, not public. The public, as such, has no rights. Without property rights, which are an individual right, no other rights are possible and therefore no freedom is possible. So I don't know what a productive public purpose means or who gets to decide whether something meets the standard of productive in that context.
Yes, banks have precious metal assets, but they don't control the gold in your basement safe. Gold is volatile only in relation to the dollar, the value of which has been deliberately and steadily eroded, which is why yesterday gold was $4,100 an ounce. If you look at a chart of its historical prices against the dollar, it really took off in 1971 when the US went off the gold standard, because that's when the dollar's decline accelerated. If the federal reserve had never been created and the dollar had never gone off the gold standard, a loaf of bread would be five cents today and gold would have the same value relative to the dollar that it always did. The dollar would be understood as a fractional representation of physical metal and as something that would have zero intrinsic value without that anchor.
The banks can't do anything about what people barter with once the SHTF. Something has to represent money. Something portable, relatively rare, indestructible, and divisible. Sea shells just don't appeal to that many people, but gold always has.