Bail-In of EURO Banks Continues

There is a private banking solution to the "bail-in" threat that will save your pensions and deposits. Don't be a victim of the crisis, be proactive and save your hard earned wealth with "Silk Money"  contact us to learn more.   BK

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Watch the presses roll as Europe scrambles to fix its banks
(To read the full article you will have to subscribe to the Financial Times)

The story is about the suicide of an Italian pensioner last week after he realised that he had been “bailed-in” during a bank resolution procedure .

This hard working pensioner saved his money for retirement and bought a bank certificate which is first on the list of unsecured credit. The bank declared a "bail-in" and confiscated his funds.   Read more...

Hugo Salinas Price article on gold

Gold is the most highly demanded of all things in this world. Every single gram of gold in the world is owned by someone - either directly as personal property, or through legal participation in Funds owning gold.  READ MORE...
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I agree with this article 100%. In addition I'd like people to think about cash, and ask yourself this, has there ever been a time in history when paper cash has been considered "trash?" YES, many times, Weimar Germany 1920's, Yugoslavia 1990's, (Hyperinflation). Now ask yourself if there has ever been a period in history when gold has been considered trash? NEVER! No matter what anyone says, gold is the best long term "store of value" in all history. No currency, bank or stock market has ever out lasted GOLD as a measure of true wealth.   BK

Men have been risking their lives for centuries to find this yellow metal.

Bail-In vs CIPF vs SIPC vs FSCS

Dear readers,

Lately I have been answering many questions from clients in the USA and UK on the "Bail-In" legislation as it relates to your investment accounts.  And there seems to be a misunderstanding between the insurance (CIPF, SIPC, FSCS) that protects investors from a dealer going bankrupt and the protection from the Bail-In process. The Bank of England released their BRRD in July 2014 and said that starting January 2015 the Bail-In policy will take affect. The BIS has stated that the bail-in rules will be implemented in all qualifying countries.

So lets clarify a few points:

1. Investor protection funds like CIPF in Canada, SIPC in America and FSCS in the UK only protect your account from the "dealer" going bankrupt. They do NOT isolate you from any government legislation which allows banks or brokers to put restrictions on your account or convert the qualifying cash in your account to bank stock as they did in Cyprus.
2. This is the whole point of the Bail-In policy, to ensure the financial system remains solvent, and they are going to do it with YOUR money. No bank or dealer will go bankrupt so the insurance on these accounts is irrelevant because the bank will be allowed to convert your cash and securities into bank stock to ensure that the bank and financial institution remains solvent.
3. Many people assume that by having multiple accounts to stay under the Bail-Inable qualifications that you will be protected. Again this is not true because the banks and dealers will not be allowed to go bankrupt.
4. A simple way to understand this is to look at your bank statement and notice which column your balance is located, DEBIT side or CREDIT side? All banks give you CREDIT once you deposit your funds. Therefore you are an "unsecured creditor" of the bank. This means that the bank has borrowed your money and gives you a CREDIT balance on your account. 

For more information and white papers on these subjects please visit our Archives tab and read carefully the links to these topics.

Anyone interested in designing a "Bail-In Proof" strategy please contact us and we'd be happy to assist you.

Sincerely,

Bosko Kacarevic

BAIL-IN Policy is Guaranteed!

Dear readers,

We have discussed this many times and warned people to prepare with our one-of-a-kind U-Vault Account.

Here are the links:

• Financial Reform, Shadow Banks and Systemic Risk
• BAIL -IN Proof
• CDIC Annual Report
• Bail-in's are official bank policy

The latest from Greg Hunter

Nothing is Safer Then Gold

Huffington Post

What I found most appalling in these above mentioned European acts is that not even the depositors with less than a 100.000€ will be safe, as their guarantee funds will be used in bail-in schemes.  LINK...
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There is never enough for these people. They will take everything they need until the entire system explodes. Nothing is safe in any institution until the PEOPLE wake up and take ACTION!  BK

Commerzbank Turns Bullish on Gold

Gold and Silver Financial Review 12/30 by Gold Radio Cafe | Finance Podcasts

Is "Taper" a set-up for "Bail-In?" 

The circus of words continues... Seems like there is no end to HOT words they can come up with to confuse people about the economy. The fact is the system is broken and the USA is still the largest debtor nation in the history of the world. So if they stop the QE and start to Taper, where is the grease for the wheels of the economy going to come from??? YOUR savings, via Bail-In! 
NO one else sees this folks and remember you heard it first on Gold Radio Cafe.   BK

Find Additional Finance Podcasts with Gold Radio Cafe on BlogTalkRadio

Financial Reform, Shadow Banks and Systemic Risk

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http://ourfinancialsecurity.org/
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Is your portfolio "BAIL-IN" proof? Please call and ask about our U-Vault Reserve Account.  BK

Bail-In's are Now Official Bank Policy

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Public banks and credit unions are a much safer place for your money then in the big banks, however, keep in mind the FED is still in control of the printing press and the "value" of your money is at risk. Along with moving your money out of big banks, having a GOLD reserve would be a prudent solution to maintain the "value" of your wealth. Every fiat currency system in history has failed and this one will be no different. It will be even worse this time because it's the first time in history that every currency in the world is a fiat currency. No country has a gold standard and the USA is the LARGEST debtor nation in the history of the world! Move your money out of big banks ASAP!   BK

Gold and Silver Financial Review 08/23 by Gold Radio Cafe | Finance Podcasts

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