Just look all of the chaos going on in the financial world today; it pales in comparison to what happened in 2008. How badly were you hit last time? Will you be prepared this time??? Take a look below at what’s facing us today and compare these events to September of 2008…
There is increased volatility in most every sector of the markets; much more so than in 2008.
• The once safe-haven of the bond and Treasury markets is no more.
• 401-K’s are once again in jeopardy. During the last crisis, the average person lost 41% of their 401’s value in a matter of days. Think it won’t happen again? Did you know that you can convert your 401-K or IRA into a precious metals backed IRA?
• The crisis in Venezuela… Proof that socialism doesn’t work, never has, and never will. Yet look at what’s happening in our own political backyard right now.
• The tariff wars between The US and China. • The currency wars. China just pumped $1.2 Trillion of freshly ‘printed currency’ into their Central Bank (their version of ‘quantitative easing’)… What do you think that will do to our Dollar??? Sadly, most Americans don’t have a clue.
• Look at the Wells Fargo debacle… They set up fraudulent accounts to make more fees off their own customers; SEC fines be damned. J P Morgan Chase was fined $5B for bilking their customers out of $32B. Deutche Bank is still getting caught (and fined) for multiple infractions. And these are a just a few reports that have made it into the media.
The debt clock shows how much the U.S. government owes its citizens, other countries, and itself. Most federal revenue comes from individual taxes. The government counts on you to pay the debt back one day.
• Constant data breeches continue to proliferate throughout hundreds of major companies and utilities that we all use every day. It’s no longer a matter of ‘if’ you’re going to be hacked, but ‘when’. What steps have you taken to protect yourself?
• The Federal Reserve keeps printing more ‘funny money’ that is backed by nothing that you and I have to pay back in the form of higher taxes. And it gets worse… Three years ago they started ‘quietly’ working to implement ‘FED COIN’; their idea of using the Blockchain to force all of us to use ‘their’ version of BitCoin. Once implemented, they’ll be able to track (and as such ‘tax’) everything you buy.
• Ever heard about China’s “social-scoring-system”? Our government has been monitoring theirs for years and soon it will start to emerge here.
• Let’s not leave out the Trillions of dollars that Congress has added to our National Debt in deficit spending and the PPP money being issued due to the Covid controls; even more ‘forced compliance’. Add in all of the interest on that debt that will soon exceed our national GDP that ‘we the people’ are on the hook for, all of which will be paid for with increased taxes and that nasty thing called inflation that most people don’t really understand.
The Federal Reserve is slowly (and quietly) doing away with cash under the guise of ‘stopping terrorism and the drug trade’. They will eventually outlaw it.
• Do you understand the relationships between the Federal Reserve, the International Monetary Fund (IMF), the European Central Bank, the World Bank, and the Bank of International Settlements (BIS)?
• Do you understand what ‘SWIFT’ or ‘FATCA’ is? And how the ‘BRICS’ system plays against SWIFT?
• Do you really think that the FDIC will bail you out if your bank gets into trouble? • Then there’s the overall civil unrest that is gripping this country. The list goes on and on…
“Central Banks the world over are ‘quietly’ buying up all of the physical gold and silver then can. Do they know something that you don’t? Could it mean that they see gold and silver as ‘real money’ (as we do) and are shoring up their own reserves in anticipation of what’s to come?”
– R. L. Patterson II
Copyright © 2009 - 2023 OceanDriveCapital.net - All Rights Reserved.
Powered by GoDaddy
We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.