Financial War Games

Patriot Vigilante is proud to present tonight's edition of the Bullet News. We're committed to showing you the truth in a World consumed by lies...

You and I can’t control whether banks are ready, but we can control whether we are ready. A crisis of historic proportions is once again bearing down on us. We may have little time to prepare. We definitely have no time to waste.

The only clean balance sheet and source of liquidity left in the world will be the International Monetary Fund, which can make an emergency issuance of Special Drawing Rights, which you can think of as world money.

Countries around the world are acquiring gold at an accelerated rate to diversify their reserve positions. This trend, combined with the huge reserves held by the U.S., Eurozone and the IMF amount to a shadow gold standard.

On the level of the individual investor, losers will fall into two groups when the crisis strikes…

The first are those who hold wealth in digital form, such as stocks, bonds, money-market funds and bank accounts. This type of wealth is the easiest to freeze in a panic. You will not be able to access this wealth, except perhaps in very small amounts for gas and groceries, in the next panic.

The solution is to have hard assets outside the digital system such as gold, silver, fine art, land and private equity where you rely on written contracts and not digital records.

The second group are those who rely on fixed-income returns such as life insurance, annuities, retirement accounts, social security and bank interest. These income streams are likely to lose value, since governments will have to resort to inflation to deal with the overwhelming mountain of debt collapsing upon them.

The solution to this is to allocate 10% of your investable assets to physical gold or silver. That will be your insurance when the time comes.

Meanwhile, demand for secure vaulting space in major financial centers like London and Frankfurt is soaring. There are plenty of bank safe deposit boxes in those cities, but investors are insisting on non-bank vaults because investors understand that the banks cannot be trusted in a panic. As a result, proprietors of non-bank vaults can’t build them fast enough.

This is one indicator that reveals three important facts: The first is investors feel a panic may be near and the time to act is now. The second is investors don’t trust banks. The third is investors are buying gold to protect themselves since it’s the main tangible people put in their private vaults. Don’t wait until the panic hits to secure your gold and arrange for safe storage.

The Whole Truth And Nothing But The Truth,

Jonathan Chambers
Patriot Vigilante