Gold 401K

Who’s Your Daddy & Where’s Your Money?

Who are you looking to for security, protection, or any kind of help? If it’s the Federal government, you’re in big trouble. If it’s the state or local government, you’re in a bit of a bind. And, if it’s in the current financial structure or institutions you need to take some quick action. How long do you think America can continue to have trillion dollar+ deficits and not see a financial collapse soon? 

Whatcha gonna do when you go to the bank to draw out some funds and you can’t get them? What are you going to do when you go to cash in your 401k and you have to wait, and wait, and wait? What are you going to do when all that you have in savings is in your pension fund and it’s now BANKRUPT? Does all of this sound too unrealistic?

Well, it’s already beginning!

Recent Citi-Bank statements have this attachment- ” “Effective April 1, 2010, we reserve the right to require (7) days advance notice before permitting a withdrawal from all checking accounts. While we do not currently exercise this right and have not exercised it in the past, we are required by law to notify you of this change.” This is not an April Fool joke.

Citibank has now released the following statement by way of explanation: “When Citibank moved to unlimited FDIC coverage in 2009, we had to reclassify many checking accounts to allow for immediate withdrawals in order to ensure all customers qualified for the additional coverage. When we moved back to standard FDIC coverage with most major banks in 2010, Citibank decided to reclassify those accounts back to make them eligible again for promotional incentives. To do so, Federal Reserve Reg D requires these accounts, called NOW accounts, to reserve the right to require a 7-day notice of withdrawal. We recently communicated this technical requirement to our customers. However, we have never exercised this right and have no plans to do so in the future.”

Right! Do you believe that? Can you say “too big to fail”?

The reality is that we’re in very dangerous waters that we’ve never circumnavigated before and no one knows what might happen; however, planning on the worst and praying for the best is a good philosophy. And while one is at it, always have some cash hidden away- from the banks. And, if possible have a few gold coins on hand for a rainy (or revolutionary) day.

Remember, the Cliff High web bot linguistics machine is saying an American revolution of some sort is coming in July! Of course, we all know that’s not possible don’t we? But, the anger in America is getting worse or is it that people have always bulldozed their homes before giving them over to the bank and flew their plane into the IRS building to end their physical life because their emotional and financial lives had already been destroyed.

Where’s your money?

About the Author

As a spiritual-futurist, I have a BA degree majoring in history. One cannot know the future without knowing the past which holds clues to what is on the horizon. The world is in such a rapid expansion of knowledge that we are close to entering a tipping point that will forever change earth as we know it.