Surviving the Impending Banking Crisis

Surviving the Impending Banking Crisis: Your Guide to Financial Jenga and Secure Bank and Retirement Accounts

In the world of finance, it's as if we're all players in a colossal game of Jenga, where the blocks represent the very pillars of our financial system. Each block carefully positioned, supporting the tower's stability, symbolizes our hard-earned wealth, our retirement accounts, and our everyday financial security. But here's the twist—any one of these blocks, when pulled from this towering structure, will set off a chain reaction that leads to a catastrophic banking crisis. And in this high-stakes game, it's not just a game; it's your retirement, your money, your financial well-being hanging in the balance. Welcome to "Financial Jenga: The Unpredictable Game Where Wealth Meets Crisis." In this report, we'll dive deep into the complexities of our financial system, where the slightest shift can send the blocks tumbling down. Each block represents a real threat, lurking beneath the surface of our everyday financial lives, capable of causing chaos and uncertainty. So, imagine a world where the tower of financial stability stands tall, but the blocks within it—each of these economic variables—hold the power to disrupt our lives in unimaginable ways. A game where the question isn't *if* a crisis will occur, but *when* and *which* block will trigger it. In this precarious situation, your retirement savings and hard-earned money in your accounts are in jeopardy.

But fear not, for the solution lies within your control. The only way to protect yourself from this impending crisis is by removing blocks of your wealth from your bank accounts and retirement accounts and placing them into the timeless refuge of physical gold and silver. These precious metals offer the privacy, preservation, and protection your financial future demands. Don't wait for one of these blocks to be removed, potentially causing the entire tower to come tumbling down. Remember the age-old adage: "If you can’t hold it, you don't own it." So, let's begin our journey through the world of Financial Jenga, where we explore the negative implications of each of these potential banking crisis blocks for your retirement and bank accounts. It's a journey where the question isn't *if* but *how* we can protect and secure our financial future. Discover the value of holding physical gold and silver. 1. **De-dollarization**: Dedollarization, as countries reduce their reliance on the US dollar and sell US Treasuries, will lead to the dollar's devaluation. This is a result from reduced global demand for the dollar, which in turn, creates inflationary pressures in the United States. As the dollar loses value, your bank and retirement accounts will lose value and the cost of imported goods will rise, contributing to inflation domestically. Physical gold and silver serve as safeguards by preserving your wealth's value, acting as a hedge against currency devaluation, and providing financial privacy during these notable currency shifts and inflationary periods. 2. **High Inflation**: When inflation erodes the purchasing power of your bank and retirement accounts, it can limit your ability to purchase daily goods and services. High inflation negatively impacts banks in multiple ways. It devalues the loans on their balance sheets, elevating the risk of loan defaults and diminishing profitability. Additionally, if banks cannot offer competitive deposit rates, it will heighten the risk of a potential bank collapse. On the other hand, during inflationary periods, physical gold and silver have a track record of preserving their value, making them effective hedges against currency devaluation. By holding these precious metals, you not only protect your wealth from losing value but also have tangible assets that can appreciate in value during inflationary periods. This dual benefit helps preserve your purchasing power and overall financial security. 3. **$33 Trillion National Debt**: A $33 trillion national debt and $7.6 trillion in soon-to-mature US public debt next year will impact your bank and retirement accounts as well as the stability of banks. This will lead to higher interest rates, market turmoil, economic instability, and currency devaluation, eroding the value of your savings and investments. Physical gold and silver are immune to interest rate fluctuations and government debt concerns. They offer a private and tangible means to preserve wealth when interest earnings on bank accounts diminish.

4. **Insolvent Bonds**: An insolvent bond, including US Treasuries, is like a loan that might not be paid back. Interest rates have jumped from almost nothing to over 5% and these bonds have lost significant value. This will lead to a possible bank crisis or collapse. If your retirement account includes these bonds, their declining value can result in significant losses within your portfolio. In times of financial instability caused by insolvent bonds, physical precious metals provide a safe-haven. Gold and silver protect your wealth from the devaluation of bonds and offer financial privacy by not relying on traditional investments that will be at risk during a banking crisis. They remain secure and accessible assets. 5. **Commercial Real Estate and Zombie Corporation Defaults**: Default events in real estate and corporate sectors can destroy retirement investments. There is over $2 trillion in loans coming due in the next couple of years possibly causing a bank collapse or crisis. Precious metals diversify your portfolio, offering a stable store of value that retains its worth during economic distress. They provide privacy and security outside of traditional financial systems, ensuring your wealth is protected. 6. **High Interest Rates**: High-interest rates can make it harder to grow your savings in the bank and increase the cost of loans. For banks, this can lead to loan defaults, reduced profits, and even financial stress. In some cases, worried depositors might withdraw their money quickly, causing a "bank run." When banks face a combination of these challenges, it will lead to a banking crisis, potentially resulting in a bank collapse. Physical gold and silver are stable assets that preserve wealth, even in volatile markets. They offer a private and secure store of value that remains accessible regardless of interest rate fluctuations. 7. **Credit Card and Auto Loan Defaults**: Mass credit card and auto loan defaults will create financial stress on banks, possibly causing your bank account to be frozen. Physical precious metals provide a safe-haven, private, and secure form of wealth preservation during economic distress. They are not tied to the banking system and offer peace of mind in times of financial turmoil. 8. **Debanking**: Debanking is when banks stop or limit your access to your accounts because of your political or social views. Precious metals ensure your wealth remains under your control, preserving financial privacy and independence. Unlike traditional bank accounts, they are not subject to account freezes or intrusive actions. 9. **The Federal Reserve Central Bank Digital Currency**: Worries about financial privacy and account access can be mitigated by holding physical gold and silver. These tangible assets safeguard your wealth from potential account freezes or intrusive government oversight. They offer a secure and private means of wealth preservation.

10. **Oil Price Increases**: Higher oil prices can strain your bank and retirement accounts by increasing daily expenses, contributing to inflation, affecting investment returns due to market volatility, influencing interest rates, and harming economic conditions and job stability. Gold and silver protect your money from higher oil prices by preserving its value during inflation, offering safety during economic uncertainty, and reducing risks from oil price swings and currency devaluation. Gold and silver widespread appeal assures stability even in the face of volatile oil prices. 11. **Bank Term Funding Program**: The Bank Term Funding Program (TFS) involves insolvent banks, borrowing substantial sums, with record borrowing reaching $108 billion this year. This money is due to be repaid in March 2024, and it's used to support their daily operations. In times of financial stress, gold and silver serve as safe-havens, preserving your wealth outside traditional banks. Physical gold and silver protect your wealth when banks, including potentially insolvent ones, borrow substantial sums through programs like the Bank Term Funding Program (TFS). They preserve your wealth by retaining value, acting as safe-havens during financial stress, and diversifying your assets beyond traditional banks. Importantly, there's no counterparty risk, meaning you don't rely on anyone else's liability for the security of your precious metals. 12. **The Deposit Insurance Fund**: The safety of your money in the bank is an illusion. Let's break it down: the FDIC manages “The Deposit Insurance Fund,” which holds a mere $116 billion. Sounds like a decent cushion, right? But brace yourself—there's a staggering $10.5 trillion in insured deposits and an additional $7 trillion in uninsured deposits lurking within the banking system. Now, picture the coming financial crisis strikes the banking sector. That deposit insurance fund will vanish faster than you can imagine. What comes next is alarming: "bail-ins." As an unsecured creditor, your hard-earned money essentially becomes a resource for the bank to cover its losses. Enter physical gold and silver. These precious metals have an unblemished record of preserving wealth during crises. They're a fortress against currency devaluation, inflation, and yes, the very real threat of bank failures. They are your lifeline when the bank's safety net proves to be nothing more than a frayed rope. Are you willing to take the risk with your money in the bank, or will you choose the security and value of physical gold and silver? The answer will define your financial future.

Buying $20 Liberty Double Eagle GoldCoins America's largest circulating gold coin was the Double Eagle or $20 gold piece, born in the exciting years of the great California Gold Rush of 1849. The new mines yielded the greatest mass of gold in recorded history. Vast quantities of the yellow metal helped to speed the developments of the American West and had far-reaching effects on the world's coinage. Designed by James B. Longacre, the obverse (front) of the $20 Liberty gold coin features Miss Liberty wearing a crown inscribed with the word "Liberty". Thirteen stars representing the original thirteen colonies and the date encircle her. These coins are highly sought after by investors and collectors alike for their historical significance and rarity. With the passing of the Gold Recall Act in 1933, all gold coins were taken out of circulation, making pre-1933 gold coins a true treasure. Their status as a collectible allows for the purchase and sale without the 1099-B reporting required by the IRS for their bullion counterpart. Numismatic coins are excluded from FDR's Presidential Executive Order 6102, Section 2B of 1933.

Buying The Saint-Gaudens Double Eagle The centerpiece of America's 20th century "gold standard" was The Saint-Gaudens Double Eagle, or $20 gold piece, which stands above the rest as the single most magnificent coin of this or any era in U.S. history. In 1904, President Theodore Roosevelt hired personal friend and sculptor Augustus Saint-Gaudens to design the new $20 and $10 coins. The Saint-Gaudens $20 design was so acclaimed that the Mint chose to use this design for the creation of the modern Gold American Eagle coins. These coins are highly sought after by investors and collectors alike for their historical significance and rarity. With the passing of the Gold Recall Act in 1933, all gold coins were taken out of circulation, making pre-1933 gold coins a true treasure. In addition, like all Pre-1933 US gold coins, $20 Saint-Gaudens gold double eagles allow for the purchase and sale without the 1099-B reporting required by the IRS for their bullion counterpart. Numismatic coins are excluded from FDR's Presidential Executive Order 6102, Section 2Bof 1933.

Buying Silver Morgan Dollars Political pressure, not public demand, brought the Morgan Dollar into being. There was no real need for a new silver dollar in the late 1870s; the last previous "cartwheel," the Liberty Seated dollar, had been legislated out of existence in 1873. The beautiful Morgan Silver Dollar was sculpted by George T. Morgan is considered by experts to be the peak of the engraver's art. Morgan Silver Dollars were minted between 1878 and 1904. Then in 1921, Morgan Dollars were again minted as an encore and the last year of the series. Gem quality uncirculated Morgan Dollars are sought after by coin collectors and investors alike. The Morgan Dollars are avidly sought by coin collectors and silver investors looking for extra leverage to the silver price. Because of their true scarcity and strong collector demand they can appreciate in a rising silver market much faster than silver bullion.

Buying Silver Peace Dollars The "war to end all wars" fell far short of that noble aspiration. What history now refers to as World War I, which ravaged Europe from 1914 to 1918, did stir worldwide yearning, however, for peace. Following the war, there was widespread sentiment for issuance of a coin that would celebrate and commemorate the restoration of peace. First struck in 1921 the Peace silver dollar instantly became one of the most popular silver coins in American history. Many consider this silver coin to be the last "true" American silver dollar minted for circulation. The Peace Dollars are avidly sought by coin collectors and silver investors looking for extra leverage to the silver price. Because of their true scarcity and strong collector demand they can appreciate in a rising silver market much faster than silver bullion.

Contact us today to learn more about our investment options and how we can help you achieve your financial goals through gold and silver investments. With Swiss America, you can feel confident in your investment decisions and rest easy knowing that your wealth is protected for the long term.

What Are the Different Types of Precious Metals IRAs?

There are several different types of precious metals IRAs available, depending on the structure and eligibility criteria. Here are the four main types:

1. Traditional Precious Metals IRA: This type of IRA allows you to make contributions with pre-tax dollars, which may offer tax benefits. The contributions and earnings in the account grow on a tax-deferred basis. When you withdraw funds during retirement, they are subject to ordinary income tax. 2. Roth Precious Metals IRA: A Roth IRA requires contributions to be made with after-tax dollars. While you don't receive immediate tax benefits, the contributions and earnings within the account grow tax-free. Qualified withdrawals made during retirement are tax-free. 3. SEP Precious Metals IRA: A SEP IRA allows self-employed individuals and small business owners to contribute to their own retirement plans or on behalf of their employees. Contributions are made by the employer directly into the SEP IRA accounts, and the same tax rules as traditional IRAs apply. 4. SIMPLE Precious Metals IRA: A SIMPLE IRA is available to small businesses with fewer than 100 employees. It allows both employers and employees to make contributions. Employer contributions are mandatory, while employees can contribute up to a certain percentage of their salary. The contributions and earnings in a SIMPLE IRA grow on a tax-deferred basis until retirement.