Get Out Of The Big Banks

September 4, 2013, by Ken Jorgustin

get-out-of-the-big-banks

One of the many people who I’ve been following for years, Jim Sinclair, has been sounding the alert lately to GOTS (Get Out Of The System) before the next major big-bank failures set off a chain of events which will wipe out and reset the wealth of anyone in the system.

The following 12-minute video he considers a ‘must-see’ and he says is the first of its kind in that it outlines very well the inevitable and what is surely going to happen…


 
Survival and preparedness is not just about food storage and preps, which are indeed core aspects. It’s also about your financial security.

Even for those of you who may not be concerned because perhaps you don’t have much money in the bank… think again. This will affect everyone in one way or another, and will likely result in a series of life changing events that could devolve into social/financial chaos in the United States and elsewhere in today’s modern world.

Your money is not safe in the big banks.

“What is perfectly outlined [in the video] is the problem at hand which must be understood and for which you must prepare.”

“Please do not be complacent on this, the most important of all events which is going to happen in the ‘Great Leveling’ well before the 2018 – 2020 Great Reset.”

-Jim Sinclair

I am not a financial expert, but over the past several years have been spending time and effort to discover more of the truths to what is happening behind the scenes in our financial world. I, and many others, agree that we are heading towards a great financial reset of sorts (for many reasons) and we are getting dangerously close to such a time…

While the solution to the message within the video is to get out of the big banks and into smaller, local banks (potentially lesser affected by the derivatives risk,) Sinclair’s solution to preserving wealth is to get out of the system completely, to hold physical gold and silver for ‘savings’ and fiat currency (cash) for transactions.

It is my opinion that one might consider using a small local bank (check their bank ratings first) for deposits-in and cash-out, along with their conveniences for electronic transactions where applicable… but do not keep any substantial amount there. Just enough for your monthly churn, so to speak… Any extra may be wisely held elsewhere in other asset forms. Not in the big banks.

This video will show why and how the government plans to confiscate depositor money when (not if) the next crisis hits in order to prop up the big banks.

The plans for this confiscation of depositor funds have been developed, they have been approved, and they are awaiting the next crisis.

Folks… I’ve looked into this. This is real, and this is what they WILL do… it won’t be a ‘bail-out’, it will be a ‘bail-in’. Big difference…

 
(Update: YouTube has removed the video)