Bank Runs and Bullion Runs, Why?
Currency wars and the race to the bottom. Why are people making runs on banks? Lost confidence in their currency, Greece, Italy and and other European countries are seeing bank runs now, the problem is debt problems are not solved by creating more debt. The debasing (printing of more pretend money) currencies only puts off the problems temporarily. Countries where the currency is in most danger are seeing bank runs, people are looking for stronger more secure currencies to convert to, however this is like jumping out of the frying pan into the fire, it too is only a temporary fix.
I used to wonder how the U.S. Federal Reserve could print so much money without suffering to much devaluing of their dollar. I soon discovered how and why, the U.S. is the world reserve currency, the rest of world needed it to do trade so the excess money printing was spread out throughout the world. This was especially true when it came to purchasing oil.
Countries in the world have now figured this out and have had enough of this abuse, in a matter of months countries are now making deals to trade in their own currencies, gold, and are using their U.S. dollars to buy hard assets without wanting U.S. dollars any more. The Federal Reserve is buying (if you can call it that) toxic bank assets.
Bullion Runs Future of Gold
Here is an article from MineWeb giving some insight on what banks may be up too, central banks are acquiring gold worldwide, why? He who owns the gold makes the rules?
Governments around the world are also acquiring 2-3-4-5 times the amount of gold they acquired previously. Paper gold and silver bullion banks (that have sold on paper) more gold and silver than they have in their vaults are in trouble (they claimed a right to fractional reserve gold and silver). A Swiss Bank bullion vault was recently discovered to be empty and a customers allocated gold gone, Canada’s bullion vault almost empty, the bullion run has begun, people, countries, businesses taking possession of their gold preferring private vaults for safe keeping in their own countries.
Add to the mix the derivatives crisis where world’s banks have huge exposure, nobody can even put a figure on this except to say (600-1200 trillion) worldwide. JP Morgan derivatives losses may be the tip of this iceberg. Experts I listen to are saying when interest rates go up it’s game over.
Bank runs Bullion runs and your money, paper assets
Your real solution, the world’s first only [ GOLD CURRENCY ]
Good as gold, do you want your money (supposedly) backed by government insurance or would you prefer to back it yourself with physical spendable gold. Liquify your paper assets, (even if penalties are involved) take your money and convert/exchange it to gold. Keep only enough in bank as you can afford to lose and what you require to conduct your business. Acquiring gold costs nothing, your not spending anything (gold is money).
I urge you to do your own due diligence and I forewarn you do not let your hypocrite bank manager or minion employees intimidate you like they do so many (these supposed experts) are looking after their (banks) interests, not yours.
Check out Karatbars International products, services, benefits, Karatbars accounts are free, Karatbars gold lowest price worldwide guaranteed. Many perks coming with this worldwide revolution and crusade. Gold bullion back shopping rewards appeal to you, or earning rewards by sharing valuable information like this if you’d like?
Click learn more.
Karatbars are adorned by the LBMA stamp, which is a symbol governments and individuals have come to respect around the globe for Refineries that meet the stringent Good Delivery practices.
Karatbars International is a global company expanding worldwide, currently in 73 countries delivering gold very securely (insured) to 58 countries now, projecting and on track to be in 194 countries by end of 2012. Debt free and fully self funded company, reaching a licensing agreement with the Vatican and highly recommended by one of Europe’s Largest consumer watchdog groups, Bund Des Sparer. Karatbars International has no equal, no other gold company in the world is or can do what we are doing.
Do yourself a big service check us out, create a free account and get on the road to real asset and wealth protection. I have, I love it, it feels great doing the right thing, Karatbars makes acquiring gold easy, it’s never been this easy.
You can believe I’m out to sell gold if you wish and out to scare people, many people make these mistakes. I know what I’ve done is expose what’s happening and share with people the best possible solution (without cost), bookmark this website go investigate what’s here, try prove me wrong. I’ve performed my duty, it’s up to you to be pro-active!
Please share.
