Forcing anyone out of their home , confiscating gold, taking peoples property are against common law. HOW TO BE FREE OF THIS! A person who believes in a legal entity is giving authority to their legal system; simply return their letters , Addressee Not Recognized, No Contract, and don't believe anything they say.
chris wiebers The point is you’ll in all probability just be given a fancy IOU from the government. You’ll get your money at some date in the future but the devaluation will have already taken place and you won’t be able to afford much more than a bunch of bananas with it!
Jeff Dorris lol tellers are trained to fear cash. They are scared of it. I get rather amused by it. I deposited some cash in my business account and Wells Fargo charged me to do it. Wtf. Yes I am currently moving my accounts away from WF.
Bail ins are OUTRAGEOUS. House always wins! If it happens here you might see rioting in streets especially among boomers either in or close to retirement. I will be out of debt by the end of this year thank God! Thanks Lynette!
I think if you have the money, pay off your house now. You don’t want to be dealing with converting your gold during a collapse scenario while people are starving all around you. Plus, it’s not guaranteed, you don’t what will be happening with gold and it’s price during that time. Seriously, if people finally realize gold and silver are money, do you think coin dealers are going to go to their shop? And sit in a little store waiting for you? I doubt it. Pay your house off now, then keep working and keep stacking.
I would tend to agree. I'd rather concentrate on protecting what I have than worry about paying off anyone. Also, by keeping the mortgage you are paying interest . But, as Lynette always points out, you gotta do what is right for you!
We will likely start out in deflation and then transition into inflation/hyperinflation. The Fed will panic from deflation and flood the markets with currency leading to hyperinflation. Long term deflation is remote since 1)government doesn't know how to tax any realized gains in deflation, and 2) the Fed has the ability to create currency.
One thing I learned a long time ago was that if I could pay off my debt then not only was I freed from that debt and not only was I given a greater degree of security (owning my own home vs having the potential of the bank being able to repossess it), but I also now make money tax free off of my money. If I have, for example, a $10,000 credit card loan and I pay it off, then my money is now eliminating the $10,000 debt as well as the 24% or whatever the interest rate might be. This saves me the 24% interest rate which is the same as earning 24% on this "investment" tax free. If I have a house mortgage at say 4%, then by paying off my home I get a 4% guaranteed benefit and that too is tax free.
Every body that is awake are running to and fro like the wind and they of the known Churches the same so what could one say to this ? Now is the time, now are the days numbered people because all have gone their own way and the sin of the world was laid upon Christ who knows the beginning unto the end for he is the first and the last and the Lord said: I know the way you are taking be still and know that I am God and there is no GOD but me and who's right it is that I will give the Kingdom, this same Christ who the JEWISH leaders Crucified by the hands of the Gentiles has been RAISED even if you think not nor has he come into your mind Oh Israel but as many as received him to them is the Kingdom given to. He was born of them being a jew though they knew him not for they take by force what is not theirs and love to be seen of men but no so with the unknown CHURCH. Tell me now which of you can change whats about to happen in this world by worrying? And who shall you turn to when as you say SHTF ? This goes much deeper than Gold or Silver , it goes to the heart of the matter for their stink has reached to heaven itself and the LORD God is not happy , shall those who steal and cause the oppressed to cry to me day and night escape even though I bear long with them that they may know me by my Son? For I even I am he and not another. MY COMMENT NOW; Oh Lord my God I Love you because you first LOVED me and pray for our Nation that she my repent by calling on your name that more may be SAVED and now speak that I might save a few though you alone are the SAVIOUR for by the name of Jesus Christ we shall be made safe for he is the stone which the builders have rejected and we are the work of your hands for it is he that redeems us and SAVES us all , the Lamb of God of whom father ABRAHAM spoke to after the order of Melchizedek when he came back from the battle and also David the man after your own heart because he said your Mercy endures FOREVER. Who in this world besides you my Christ can take our sin away? for you were marred more than any and took our sin upon your own flesh that we all may be made like you and learn to Love and respect you for you are he our Christ , the CHRIST SAVIOUR of the world and you are to be called JESUS and you are.
Let us look up people for the day of the LIVING God is soon to appear coming back down from whence he ROSE. SELAH Amen AMEN. P.S. God bless ISRAEL for I Love ABRAHAM ISAAC and JACOB
though Esau hated me. Romans 11:11
Michael Gallant what happened in greece is a great lesson of what you might expect
Money IN the bank or out of the bank the banksters still control the worth of paper. But I guess IF you have it in your wheelbarrow at home at least you have enough for a loaf of bread? As for gold, WHAT do you buy? 1 oz 1/2 oz 1/4 oz or 1/10 oz? I mean WHICH do you buy the MOST of ? Coins seem much much more safe than bars IMHO. Just wondering what others do? But Thank you Lynette for making things so clear even I can understand it! lol
I think you are referring to round bullion?, not coins?...........speaking of usa minted coins is they cannot be burned nor are they from the federal reserve......they are very expensive to manufacture compared to metals price and power to mine smelt and pay for a living wage to do it, this tells me coins are going to be around for one use or another [barter].....even if they end up as jewelry, or paying for day labor....people love/trust what has been around for a long time......I think I got this idea long ago from ron paul
So if they want 3.25% that means they have to raise rates 5-6 more times that means the current expansion will last at least another 2 years they will raise rates 2 more times this year and 3 next so the crash should begin by 2020. What are your thoughts on this Lynette?
When deciding to pay off a mortgage before or after a reset would think it would be a gamble to to pay the debt after a reset or during a hyperinflation event. More than likely the lenders will not accept the devalued currency as payment and more than likely the debts would be revalued in the lenders favor after the reset.
There's a lot of questions around "What if "they" just keep printing forever?" I assuming the printer people are asking about is the USD. They can and will continue to print. They don't have to but they probably will to save their currency.
However, the system, the IMFS does not survive because the US prints dollars! They system survives because in aggregate, the rest of the world ACCEPTS this currency as payment and uses it as savings.
This shows that the rest of the world continued to accept this system up until the 2013/2014 year where it plateaus. Lynette points to this in her other recent video. So when theres another global shake up financially we'll have to wait and see if all of a sudden a major economy decides they want to pay dearly to help continue a dying system.
Yep, might be a "Zombie System," but in all honesty it's been going on for ....a DECADE now while metal sellers and their products ....- though taking the moral high ground have been in the financial toilet! But, But, But, the crash is coming!!!!!... Yes, and even a broken clock is right twice a day...It will happen someday guaranteed. Sellers have said this for a decade!, but How many more decades do you have in you? Hopefully several...
Simply way to transfer the economy. The dollar value without inflation is apporching 1 cent. Hence the coin portion should be tranfered to the dollar portion of the equation and the dollars to the cent equation portion. Instant revaluation of the fiat currency. Instant constitutional money with no debt. Transfer made with the least amount of economic disruption.
If a credit union or traditional bank is unable to maintain positive cash flow and/or is forced to declare insolvency, its assets are distributed to creditors (including depositors) in order of seniority according to bankruptcy law. If the total deposits exceed the assets remaining after more senior creditors are paid, all depositors will lose some or all of their initial deposits.
Stalemate IB I am not Lynette but I can answer. YES. Any financial institution within the central banking system will be hit hard and the deposit insurance fund will not cover their losses. Bail ins are legal for any bank in the event of crisis. Credit unions are part of the banking system.
I still believe that if gold and silver was that valuable us (little people) wouldn't be able to get our hands on it! It makes me think the rich folks are gathering up all the money they can before it gets bad!
Lynette, you need to report what happened to the money.
Answer: Despite losing money on leverage bets (Because of no requirement of mark to market on derivatives) the banks paid their board of directors excessive millions of dollars.
thats awesome what you did! I would love to do the same but I have never bought stock once yet, and I dont want to go thru the usual method of paying some one else to buy the stock for me. any suggestions? Thank you!
wayne mcclory try to see if you can get ownership of the mining stock. If you don’t own it, they resell the same stock certificate to many. Lynette has commented on this. I own Wharton Precious Metal stocks in my possession. It took awhile as they are headquartered in Canada.
Radical Cosmology yes! My bank no longer have withdrawal slip in public view. I had to ask a teller and then she said you can use your debt card. I replied my debt card in not tied to the account I want to withdraw from. The teller said that was not a problem. I told her I was not playing this game. She handed me a stack of withdrawal slips.
C D I paid with ACH to Provident/Ampex and funds are confirmed next day but both wait 7-10 days before dealing for shipping. It speeds up the order the one week the check takes to get there. Provident received my order and ACH payment July 31. I am waiting for email that order has been released for shipping. Once I receive email it will be another 7 - 10 days.
Where from? If you bought a new release that wasn't in yet they hold whole order. How did you pay? They don't complete order for shipping until after check or wire has cleared. Quickest is PayPal or CC. If I send check through bank it takes a week to get there. They wait 7-10 days to clear then it takes another week to ship and receive. All the big dealers the same from my experience.
+stephen pack I live on family paid off land... Over 100 acres. No debt. Currently unemployed with no debt. Just looking at the smartest way to handle my money when I get a better job. And I was looking into buying gold but after seeing how the prices fluctuate I changed my mind and now am looking into investing in real estate.
Christopher Williams I believe that the new currency will be backed by 40% gold or 900 sdr to 1 ounce of gold..either way I would use gold or accept gold and wait several weeks before transferring any gold into an sdr or new currency.
+stephen pack You buy real estate, then rent it out. That becomes a permanent retirement fund for you and family when your gone. Gold doesn't have that quality. Buy it when it's cheap around $900 - $1000 then store it. Right now the price is too high.
I don't think it's us keeping this system going, there's a movement called Awakening and many are piling in to it. The banking system is keeping the system going with a skeleton crew and digital currency out of thin air. Eventually this economic fraud will die.
And how is it that you're getting to look younger and younger on every video? Just an observation.
" " Wealth " Held in the Bank . "
The Bank Holds Fed notes , Fed notes are a debt not an asset .
There is no " Wealth " in the financial institutions , only debt . You have to take it out of the bank and turn it in to something not debt for it to be " wealth" proper .
" I've got ten million Fed notes "
That's cool . J Powell's got Trillions and Trillions and Trillions and Trillions and Trillions and Trillions and Trillions and Trillions more where that came from .
It doesn't qualify for the term " Wealth " .
Wealth can't be printed out of thin air and Fed notes are printed out of thin air .
There are 3 major pitfalls with reaching consensus around the outcome of an event.
These fully specified, manipulation resistant, and publicly verifiable events form a necessary foundation for sound prediction markets. Without this foundation, prediction markets are subject to confusion, manipulation, and abuse. Though sometimes tricky, many prediction events exist that satisfy all of the criteria listed above. As the world moves forward into the realm of decentralized prediction markets, it will be important to keep in mind the pitfalls associated with many naive prediction events.
Sia , by Nebulous Inc., is a blockchain-based decentralized cloud storage platform.
Capital Markets Blockchains Are Finally Getting Go-Live Dates.
Assembled in New York this week, a handful were even confident enough to give firm timetables for production. For those tired of blue-sky talk, it was refreshing to hear large-scale financial infrastructure projects discussed openly and frankly, in clear terms of where they are and when we can expect to see things going live.
Underscoring the seriousness of the undertaking, ASX recently produced an 87-page progress report. Roll-out is targeted for late 2020 or early 2021.
In the weeds.
The enormity of such a project may not be obvious to those unfamiliar with the creaky plumbing of the capital markets.
At the completion of phase one, DTCC will have nodes set up internally for every firm that it knows will run one, plus some general nodes that will take care of supporting the transactions and processing for the firms that do not wish to support a node of their own.
For this project, DTCC has taken a multi-vendor approach. Ethereum-inspired startup Axoni is providing the technology, with IBM helping to manage the project, and R3 providing best practice guidance on areas like selecting the right data models.
Luxembourg is the largest fund management hub outside of the U.S. The jurisdiction holds many trillions of dollars worth of assets under management.
The KPMG-led project includes banks like BNP Paribas, Credit Agricole and others, as well as over 400 asset managers. The technology used is ethereum-based Quorum, the popular open-source project run by JP Morgan.