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Precious Metals New Thread 2.0

Discussion in 'Stocks & Investments' started by shr133, Oct 30, 2015.

  1. Apr 6, 2016 at 5:30 PM
    #501
    shr133

    shr133 [OP] Well-Known Member

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    This is some info on the DODD FRANK BAIL IN LAW
    If your banks is one that has some of the 250 Trillion in derivatives or might want to look for another bank or keep balances low..

    http://sandiegofreepress.org/2015/0...ill-be-parted-during-the-next-banking-crisis/

    There will be no more taxpayer bailouts for the Big Wall Street banks. That much has been established by the lobbied to death Dodd-Frank banking reform (yeah, right) bill.

    However, instead of taking money from the government (taxpayers), the principal has been established that the next source of money for profligate banks will be your deposit accounts. Yeah, that’s right, the money to stabilize the banking sector during the next crisis will come out of your savings and checking accounts.

    Simple. When you deposit money in a checking or savings account, that money no longer belongs to you. Technically and legally, it becomes the property of the bank, and the bank just issues you what amounts to an IOU. As far as the bank is concerned, it’s an unsecured debt.
     
    AdventureKid likes this.
  2. Apr 6, 2016 at 5:52 PM
    #502
    shr133

    shr133 [OP] Well-Known Member

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    So another reason to buy physical PMs is no 3rd party risk.....
    No bail ins...
    No broken promises...
    No fees, no tax, no regulations, no inspections, no title, no registration, no extra tax, no over head........
     
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  3. Apr 6, 2016 at 7:01 PM
    #503
    AdventureKid

    AdventureKid Let's Go Places

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    Bingo. Your right on the money about the next crash taking from depositors..I wonder when they will start tapping into the 401ks of the American Citizens... something like $7 trillion I hear?
     
  4. Apr 6, 2016 at 10:00 PM
    #504
    shr133

    shr133 [OP] Well-Known Member

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    That's why I'm sick of these fools spending money like crazy, because they are going to stick us with the bill...

    I think they will try to limit it to 1 or 2 national banks....
    If the only steal some peoples money the rest will be OK with it.... But who knows.....

    They keep passing these crazy laws and very few people are paying attention and vote the same fools back in....
     
    AdventureKid[QUOTED] likes this.
  5. Apr 6, 2016 at 10:12 PM
    #505
    OZ-T

    OZ-T I hate my neighbour

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    Is tinfoil a PM ?
     
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  6. Apr 6, 2016 at 10:14 PM
    #506
    AdventureKid

    AdventureKid Let's Go Places

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    They won't stop. There's still Cuba, Iran and North Korea that aren't controlled monetary by the central bank.

    See Obama trying to cozy up to Raul Castro few weeks ago?

    Notice also how these 3 countries are in the lime light a lot right now.

    These things we speak of are far past the comprehension of most individuals. Its a shame.
     
    shr133[OP] likes this.
  7. Apr 6, 2016 at 10:20 PM
    #507
    AdventureKid

    AdventureKid Let's Go Places

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    Why do you think we went to war in Afgahnistan, Libya, Sudan, and Iraq?

    Oh yah, 9/11 right? Pffff give me a break. Yet somehow they happen to find the passports of the terrorist at ground zero. LOL.

    These countries didnt have a central bank controlling them either. Look what happened.... no different for N. KOREA, CUBA and IRAN.
     
  8. Apr 6, 2016 at 10:27 PM
    #508
    Dr. Jekyll

    Dr. Jekyll Well-Known Member

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    ROTFLMAO
     
  9. Apr 6, 2016 at 10:29 PM
    #509
    AK Taco

    AK Taco Well-Known Member

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    :tinfoilhat: Oh boy, 9/11 conspiracies. Now we're getting in to the good stuff :popcorn:
     
  10. Apr 6, 2016 at 10:32 PM
    #510
    AdventureKid

    AdventureKid Let's Go Places

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    Most people have no clue about N. KOREA and think they are the nut jobs.

    All they hear about is the negativity the biased news outlets spew. If they actually informed themselves, and learned history, they would realize the opposite.

    Why didnt America leave the S. Koreans alone after WWII? why did Russia and China decide to leave N. Korea alone? Why did America arm S. KOREA with nuclear weapons in 1958?

    They think N. Koreans delibrately starve their people..how so when you have sanctions which is an act of war against this country. So many people are clueless
     
  11. Apr 6, 2016 at 10:36 PM
    #511
    AdventureKid

    AdventureKid Let's Go Places

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    Not sure if your trying to throw some humor in or if you actually trust our government and think what they did was right.
     
  12. Apr 6, 2016 at 10:39 PM
    #512
    AdventureKid

    AdventureKid Let's Go Places

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  13. Apr 6, 2016 at 10:41 PM
    #513
    AK Taco

    AK Taco Well-Known Member

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    jet fuel can't melt steel beams
     
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  14. Apr 7, 2016 at 12:05 AM
    #514
    OZ-T

    OZ-T I hate my neighbour

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    but thermite can

    :stirthepot:
     
  15. Apr 7, 2016 at 12:36 AM
    #515
    Dr. Jekyll

    Dr. Jekyll Well-Known Member

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    Oh yes, like how one family wants to control all the money in the entire world!
     
  16. Apr 7, 2016 at 1:28 AM
    #516
    AWilson013

    AWilson013 Almighty Dirt King

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  17. Apr 7, 2016 at 7:14 AM
    #517
    Sterdog

    Sterdog Offline

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  18. Apr 7, 2016 at 11:27 AM
    #518
    shr133

    shr133 [OP] Well-Known Member

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    You get it.......... No one likes to hear the truth.........
    Notice they never found any of the gold in the vault or any parts of the plane......

    If not just put all your money in stocks, 401k and the bank.........
    Don't worry they'll keep it safe for you because they have never broke a law..... The GOV is good and never bad, they're our friend...
    They will only take your money in case of an "Emergency".........
     
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  19. Apr 7, 2016 at 11:28 AM
    #519
    shr133

    shr133 [OP] Well-Known Member

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    and while the sheep sleep the market is starting turn down again............
     
  20. Apr 7, 2016 at 11:38 AM
    #520
    AWilson013

    AWilson013 Almighty Dirt King

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    It'd be much easier to take you seriously...... if you didn't type every post..... in a manner that makes it seem like you're releasing the latest conspiracy theory.....

    The market is going down again..... but it's still nearly the highest it has ever been..... and I am still making enough money on my relatively small investments.... to not have to work while I pursue my degree....

    Ellipsis....
     
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