So, let’s say you have $200K in a bank. Not one of the big conglomerates but a small community bank? Where you’ll you move it? Gold and silver coins? Keep the cash in your mattress?
Heavy metals; lead and brass. And delivery contrivances for those metals, as you may be in situations where you need to discharge those investments with a quickness.
There are bail in laws that were quietly passed several years ago. They can clean your accounts out and you have no recourse. Jan 6 people had the Feds freeze their accounts. They will use financial leverage against us to make us comply.
Banks are like gambling. Never keep more in an account than you can afford to lose.
This should give everyone pause to think how insecure your money is in a bank.
Fiat money is insecure whether in a bank or cash in hand. It just takes a little longer to make cash in hand useless.
So, let’s say you have $200K in a bank. Not one of the big conglomerates but a small community bank? Where you’ll you move it? Gold and silver coins? Keep the cash in your mattress?
Cant say what the right call would be, but I’d put a good chunk of it in precious metals and some in land that you can cultivate.
Heavy metals; lead and brass. And delivery contrivances for those metals, as you may be in situations where you need to discharge those investments with a quickness.
If they're seizing your bank accounts, they're seizing your land. At least with your land, they'll still have to forcibly remove you.
There are bail in laws that were quietly passed several years ago. They can clean your accounts out and you have no recourse. Jan 6 people had the Feds freeze their accounts. They will use financial leverage against us to make us comply.
Banks are like gambling. Never keep more in an account than you can afford to lose.
Tangible assets - as the Native Americans said - you can't fill your stomach with money (I'm paraphrasing here...)