No your money is not safe... Greenspan - "[gold] protects savings from confiscation though inflation" Voltaire - "Paper money always seeks its intrinsic value - zero."
"Your money is safe ...( 4 months ago by itillbeme)
"Your money is safe" right. Now what kind of statement is that? The FDIC only covers up to $100,000; now if you had over that amount in your account your money is now gone. Buy a safe, secure it to your concrete floor, make house secure , buy a gun to guard it. Now your money is safe.
=====Where FDIC ...( 4 months ago by mysanjose)
=====Where FDIC will get the money==== ya right safe there will be 90 bank will go under. If you want to gamble go to Vegas but not with people money ha ha is that capitalism or socialism bailing out crocked bankers?
I've heard that ...( 4 months ago by Boomer1949)
I've heard that other banks are not accepting the IndyMac checks for deposit. What does that tell you?
Dont worry ...( 4 months ago by chelle099)
Dont worry everything is gonna be alright.After more banks fail,and more people loose their homes,and unemployment increases.Then the government will step in and help those people in need.BY sendinging them to relocation/help facilities run by FEMA.Once there you will get (gmo)food,medical care(inoculations)and they will find you employment(work camps).Although you may have to brace yourself,to do your part,you may have to be separated from your family members for a time.
Thanks. So all we ...( 4 months ago by davidchenard)
Thanks. So all we have to do is rely on the gov't to save our asses after they've finished kicking them. Did I say save? I meant enslave. I agree that we shouldn't worry. Worrying won't help us. We need to stop buying their bullshit right now and act to save what little we have left while we can. Nothing else can help us.
$100,000 is insured ...( 4 months ago by davidchenard)
$100,000 is insured, but how much will that buy when you eventually get it back? It is wealth, not dollars, that you want to preserve. What good is putting a 100,000 dollars in your safe if it won't buy a sandwich next year. The dollar is being devalued and will not preserve your wealth. Put silver in your safe to preserve your wealth. It will not lose value like fiat currencies do.
It is true that ...( 4 months ago by davidchenard)
It is true that gold does not lose value and it is inflation proof, but it has and can be confiscated directly by the gov't. Don't let Greenspan fool you with clever wording. Get out of the dollar and invest in personal commodities like food, water filters, survival skills and ammo. Prepare to defend your family from desperate neighbors and even gangs carrying badges. Life is going to suck for a while, so get ready.
You see if you have ...( 4 months ago by davincij15)
You see if you have to leave you home and flee you can not lug large amounts of food around. However you can carry gold and silver coins to a safer place and get more food. Consider this if things get really bad you need to consider staying alive than defening you stuff. I will also get a lot of USD singles to carry around and pretend I am one of those idiots that thought it was gold. :D This will deflect thieves from searching me for gold.
Hey that is pretty ...( 4 months ago by davidchenard)
Hey that is pretty damn good idea to carry cash to fool thieves. Of course your life is more important than stuff, but some stuff like food and shelter is necessary to survive. We'll need to use our best judgement depending on the situation.
The FDIC will give ...( 3 months ago by He101A)
The FDIC will give you your money back in 5 years.
Greenspan - "[gold] protects savings from confiscation though inflation"
Voltaire - "Paper money always seeks its intrinsic value - zero."
Consider this if things get really bad you need to consider staying alive than defening you stuff.
I will also get a lot of USD singles to carry around and pretend I am one of those idiots that thought it was gold. :D
This will deflect thieves from searching me for gold.