How Safe Is Your Money?

How Safe Is Your Money? Part 2

Many people think that the US dollar will maintain its value forever. When asked why it will continue to maintain its value many people simply answer, “just because it will” and think, “what an absurd question!” They probably have never thought much about it and since most people alive today have never experienced a shift in the World Reserve Currency or a currency collapse they believe that is some kind of a proof that it will never happen. The old, “since it’s never happened before than it can never happen in the future” logic. That’s pretty silly reasoning considering that everything that has ever happened had to happen “the first time”. The fact is that the U.S. dollar has already lost 97% of its value since 1913 when the non-federal Federal Reserve came into existence. Since this privately owned corporation has taken control over the issuance of our currency from the U.S. Treasury Dept, this money cartel has made one dollar worth three cents! Congratulations, that’s quite an accomplishment!
Every single fiat currency in history, and there have been thousands of them, have collapsed to their intrinsic value of zero! Ron Paul said there are two types of fiat currencies, ones that have collapsed and ones that are going to collapse. The average fiat currency lasts 40 years. We have been off the gold standard as a pure fiat currency for 44 years. We should consider ourselves lucky to have our fiat currency out last the average. However, when you consider the fact that virtually all global transaction occur in US dollars it’s not such a strange thing that it has lasted as long as it has. It’s not an easy thing for 7 billion people who have become accustomed to buying and trading only in US dollars to switch to something new especially when you consider virtually all trading infrastructure and trading platforms are in US dollars. However, as we’ll see later, new trading platforms and infrastructure are being built, as I write, to establish a new World Reserve Currency that will be backed by gold, not debt!

[link to kodiakcompass.com]

How Safe is your Money? Part 3

Financialization (crony capitalism) is the primary cause of wealth inequality not free market capitalism! A perfect example of how this financialization helps the elite class and hurts the middle class is what happened during the 2008 housing bubble collapse. The elite class (bankers and their friends) gained massive amounts of wealth as a result of the collapse and the middle class lost 25 to 30 percent of their net worth! Financialization results when massive leverage, sometimes 100 to 1 combined with insider information replace innovation and free market investment as the main source of wealth creation. In other words these “to big to fail” banks utilize insider information from politicians and regulators and leveraged that information to profit massively, while siphoning off the wealth from the middle class.



[link to kodiakcompass.com]

How Safe Is Your Money? Part 4


In recent years the Bank of China has been quietly exchanging their US dollars for massive amounts of gold. Estimates on how much gold China has stockpiled in recent years runs from 4000 tons to 20,000 tons. The fact is no one really knows but the Bank of China. There’s no doubt that if it became commonly known how much gold China is and has been stacking and why they are stacking it, this price suppression scheme would fail and the gold price would go through the roof. It’s reasonable to assume that China has as much gold as the U.S. is supposed to possess which is 8000 tons. If they don’t have 8000 tons now they will very soon. I say that the U.S. is supposed to have 8000 tons of gold because they have not allowed an audit of Fort Knox since the Eisenhower Administration, in spite of many congressional requests, therefore many people have become rightfully skeptical as to whether or not that Fort Knox gold is really there anymore. Especially when you factor in the very real possibility that our supposed 8000 tons of gold has been and is still being used to sell into the gold market to help keep a lid on the price. At what point China will announce to the world that its currency, the Yuan, will be gold backed is any bodies guess, however, it would be reasonable to assume that they will make that announcement once they surpass the 8000 ton level. China is also encouraging their citizens to buy silver and gold for their own possession. In fact many banks in China now offer to sell silver to the public. Imagine that, a bank encouraging its citizens to buy real money!
Russia is also exchanging their foreign reserves of US dollars along with their abundant supply of oil for gold as quietly as possible. In fact Russia has tripled their gold holdings since 2005. Nearly every gallon of oil and cubic meter of gas Russia sells to Europe is being converted to gold.

[link to kodiakcompass.com]

How Safe Is Your Money? Part 5


This brings up the topic of how these banks are going to cover this next guaranteed derivatives collapse? It won’t be via another government bailout. It will most likely be a “bail in”. Most people are unaware of the fact that the Frank/Dodd financial Reform bill of 2010 changed the definition of a bank depositor to an “investor” with all of the subsequent associated risks of an investor! Therefore, in the event of a bank failure the depositors who, before the Dodd/Frank Bill would have been at the front of the line are now at the end of the line in bankruptcy proceedings and will be the last to recover any funds if at all!
I have been religiously studying our economic/financial/monetary system over the last 8 years and have been anticipating that this would happen. This system is a complete scam, unprecedented in human history by size, scope, immorality and sheer audacity! It is nothing more than a legalized Ponzi scheme and as all Ponzi schemes eventually collapse under their own weight of fraud, lies, deceit and corruption, so will ours! The “Powers That Be” know this is going to happen and the predatory policies they are implementing including the Dodd/Frank Financial Reform bill of 2010 and the G-20 meeting in Brisbane, Australia in Nov. of 2014 are steps in preparation for that collapse!

[link to kodiakcompass.com]

Chugiakian,

Thanks for reposting my articles on GLP and other forums. I wanted to email you but your email address is hidden. Feel free to post any of my other articles I have posted at kodiakcompass.com anywhere you want.

My email is [email protected]

Thanks again
Jamie Fagan

I kinda feel like, what's the point in saving....they'll just scheme to take it.

I keep my monkey chained in the basement

That son of a bitch ain't never getting loose again after what he put me through...son of a bitch even took a selfie of the ordeal

I got my treasure hind in a coral reef