Banking Inferno

in banking •  8 years ago 

Friends,

I feel like I am standing in front of a house that is loaded with many of my friends who are inside watching the NBA playoffs with not a care in the world. Drinking beer, eating pizza, and "shooting the shit" about issues that mean nothing everyone is having a grand time. Meanwhile, outside the house, I see two dozen bankers dressed in black pouring gasoline around the base of the house and the lead banker smoking a cigar which he is about to throw into the gasoline! When that lit cigar is thrown upon the waiting gas what do you suppose will happen to my friends inside? Will they be "saved" from the flames just because they chose to ignore them? Will they survive the inferno just because "this has never happened before?" Of course the answer to these seminal questions is an obvious and emphatic -- NO!

Financially speaking we are nearing a global, economic inferno that will crush millions of people and most of my friends and family have no idea what is coming. They are all busy with their lives, raising their children, going to work, paying their bills and hoping for a good NBA finals between the Cavs and the Warriors. Meanwhile, the crushing weight of too much "un-payable debt" by the sovereign governments of this world; combined with the unrelenting, reckless, illegal, and fraudulent financial engineering of the Central Banks is getting ready to blow. Ignoring these facts will not save anyone. Thinking that this could never happen will not save anyone. Trusting in the Powers That Be will not save anyone for it's the PTB who have created this financial Frankenstein!

Silver, gold and bitcoin are the only assets that will survive the destruction of history's longest, largest, fiat Ponzi Scheme called Central Banking! And that is silver, gold and Bitcoin that you hold in your own possession! All paper assets are going to be worthless and that includes stocks, bonds, CD's and any 401k or IRA denominated in un-backed, fiat dollars!

The article below offers some insight into what I have just suggested. Please read it.

http://www.silverdoctors.com/gold/gold-news/this-is-when-chaos-will-break-out-in-the-gold-silver-markets/

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I feel exactly the same. Gold, Silver, Crypto - the rest will crash and no one pays attention.

Hi Spluff,
Sadly most of our friends will not wake up until the music stops which is to say when the banks close due to collapse. In the meantime we must do all that we can to get them out of the banking system and into physical precious metals and especially Bitcoin!