Banks at a Crossroads Is Your Money Truly Secure -3
Summary: Your best option for privacy, preservation and protection is “Physical Gold and Silver .If you don’t hold it, you don’t own it!!!” The banks are insolvent. There are trillions of dollars of commercial real estate and zombie corporations loans coming due. They are borrowing money from the Feds for daily operations. FDIC insurance covers 1.11 % of all insured deposits. There is a potential for bank accounts to be converted into a Central Bank digital currency due to a manufactured crisis and if that happens all your privacy is out the window. Debanking is happening in banks where based on political, social, and geopolitical views refers to financial institutions denying services or terminating accounts of individuals or organizations due to their political beliefs, social activism, or involvement in controversial activities. It’s time to be proactive not reactive. 1. Tangible Asset: If you don’t hold it,you don’t own it. Pre-1933 US gold coins are physical, tangible assets that you can hold in your possession. Unlike digital assets in a bank account, which are merely numbers on a screen, gold coins provide a sense of security and ownership 2. Financial Privacy: Pre-1933 US gold coins offer a higher level of privacy compared to bank accounts. Ownership and possession of physical coins can be kept private, offering confidentiality in your financial affairs. They have no 1099-B or Social Security number taken upon the purchase or sale of the coins. They are also non-confiscatable. 3. Protection against Bank Failures: Holding pre-1933 US gold coins provides a safeguard against potential losses due to bank insolvency. In times of financial instability or bank failures, physical gold coins can maintain their value and act as a secure store of wealth. 4. Independence from the Banking System: By holding pre-1933 US gold coins, you reduce your dependence on the banking system. This mitigates the risk of frozen accounts, restrictions on accessing funds, or other limitations imposed by banks. 5. Hedge against Inflation and Currency Devaluation: Pre-1933 US gold coins have intrinsic value derived from their gold content. They act as a hedge against inflation and currency devaluation, preserving and protecting the purchasing power of your wealth over time. Pre-1933 US gold and silver coins offer several reasons why they can be seen as a means of protection, preservation, and privacy compared to keeping money in a bank account:
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