White Biocentrism

Max send over....

The US is tightening the reigns over our freedoms
and bank accounts in preparation of the world’s
biggest financial reset in history. Read below to
see what I mean...

Did you know that :

1) In December 2015, the US government passed a law
giving itself the authority to confiscate people’s
passports if the Treasury Department feels in its
sole discretion that a citizen owes them tax.

2) According to a 57 page memo that shaped the Obama’s
response to the banking crisis, the “real” amount needed
to fix the economy back in 2008 was $1.8 TRILLION.
Congress “borrowed” much less, and have been leaning
on the Federal Reserve to stay at 0% interest rates in
order to shore up the remainder. This weeks’ continued
stalemate is proving that its just not enough. The
Greatest Depression is coming. Soon. Oh, and the US
is broke… like really broke.

3) FATCA (Foreign Account Tax Compliance Act) continues
to roll out through the end of 2018. And with over 80
nations complying, here is FATCA’s real impact: Foreign
Banks will not touch Americans’ money. Why? They don’t
want to be subject to the arbitrary fines and penalties
if they mess up the complicated regulatory mess. Its
just not worth it for them. What does this mean for
Americans? Your Dollars are TRAPPED in the US system
(which they are tightening the strings on).

4) More Capital Controls. Banks are far from transparent
about where and why their policies exist. But in the
last few years, we have seen more reports of banks denying
incoming wire transfers, and refusing customer request to
withdraw money over a certain amount (even as low as $3,000
USD). This will continue to tighten, until the mother-of-all
restrictions occurs: A daily withdrawal limit. It could be
as low as $10 a day, depending on how bad the “Crisis” is.
And essentially, you would not be able to access your money
(or what’s left of it)…

5) Bail-Ins are COMING. As soon as the next crash happens,
it won’t be the government stealing from tax payers through
inflation. Nope. They are just going to help themselves to
a portion of YOUR MONEY in YOUR BANK ACCOUNT. This is terrible
news for anyone who has savings in the bank, or hopes of retiring.
It’s already started, and the real consequences are still to
come – higher taxes, deeper capital controls, heavier enforcement.
And the last domino could fall on September 30, 2016.
Why September 30? Let us just say the walking financial dead
will emerge from their graves, looking for fresh and easy cash.

And remember, companies always “fire” people on a Friday because
there is nothing anyone can do over the weekend. Its a good day
to crash the economy.

Get Ready,

Max

Deutsche Bank About To Implode!

THE FREE THOUGHT PROJECT – The most prominent bank in Germany is at
risk of failure, with potentially profound effects for the EU, the
United States and likely the rest of the world. Deutsche Bank
shares have fallen sharply on the news that German Chancellor
Angela Merkel won’t bail-out the struggling bank, with shares
falling by as much as six percent in early Monday trading,
making it the worst performance since 1992. Since January,
the bank’s shares have lost over 52 percent of their value.
Merkel also refused to provide financial assistance to Deutsche
Bank in its legal battle with the U.S. Department of Justice. The
chancellor made her position clear during talks with Deutsche CEO
John Cryan, according to Focus magazine. The German-based lender may
be fined up to $14 billion over its mortgage-backed securities business
before the 2008 global crisis. The German Chancellor also noted that
Deutsche Bank will not be getting a bailout from the European Central
Bank – the lender of last resort for European banks. So could Germany
be considering a bail-in instead of a bailout? According to Investopedia:

https://theuglytruth.wordpress.com/2016 ... ore-156881

Well, did the doom or the gloom happen last Friday? Silver/Gold didn't really react....

Jim Mathias wrote:Well, did the doom or the gloom happen last Friday? Silver/Gold didn't really react....

It did not. I am not sure if we will ever see a major collapse, what we will see is money getting worth less and less, people might panic and pay overprice for assets that doesn't lose value due to inflation(such as bitcoin or an altcoin that end up failing).

Jim Rickards posted....

Gold had its biggest one-day loss in almost three years yesterday.
The question is why. There was no shortage of explanations (as
usual). The main theme was that the dollar is getting stronger
partly due to sterling weakness on new Brexit fears. The market
also took the view that a December rate hike is likely (I agree)
and higher rates also add to dollar strength. The dollar price
of gold is simply the inverse of dollar strength. A strong dollar
means a lower dollar price for gold, and a weak dollar means a
higher dollar price for gold. There's more to the picture, but
that's a good place to start any analysis. This sentiment was
captured in a quote in (Jew-owned) The Wall Street Journal from
a respected commentator:

“The market is coming to terms with what may be a new burst of
dollar strength and a U.S. economy that is strong enough to bear
an interest rate increase,” says Linn Group strategist Ira Epstein.
“This is where you step away from gold.”
The problems with this analysis begin with flaws in the assumptions.
The first flaw is that a Fed rate hike is a sign of economic
strength. Normally, that would be the case, but not this time.
The Fed is actually hiking into economic weakness because they
want to raise rates before the next recession hits, so they can
lower them in the recession. If that sounds like hitting yourself
in the head with a hammer because it feels good when you stop,
you're right, but that is what the Fed is doing. A rate hike is a
replay of the Fed blunder in 2015. By raising rates while the
economy is still weak, the Fed will cause a stock market correction
(or worse) and cause a flight to gold as a safe haven — exactly
what happened in December 2015, the last time the Fed hiked rates.
Once the stock market tanks and the economy flirts with recession
(if we're not already in one), the Fed will quickly revert to its
dovish mode and start to weaken the dollar as part of the ongoing
currency wars. Then gold will be off to the races again, with miners
going up even more. Tuesday's drawdown in the gold price was also a
reflection of "weak hands" getting washed out of the market. The
weak hands are those in the paper gold markets such as gold futures
and ETFs that are using margin or derivatives (such as options).
Their losses are magnified by the use of leverage, and they are
forced to put up fresh margin money or face liquidation. Often,
these weak hands dump their positions as fast as possible. That
selling begets more selling, which feeds on itself and so on until
the market finds a new level. London-based gold guru Andrew Maguire
said this last night:

"Close to a staggering 1,000 tonnes of paper gold has been rinsed
out in the paper gold markets today… This takedown is a complete
joke, and the wholesale market is all over this paper takedown.
This is a desperate effort by Western officials to cover massive
pre-Brexit short positions put on by their agent bullion banks
near the $1,275 level."

Maguire hammered the point that “Western officials” deliberately
waited for a Chinese holiday before smacking down on gold-silver
prices. Still, China will be back to business on Sunday night,
buying gold and surely capitalizing on the gold discount. Meanwhile,
the ever-vigilant People’s Bank of China (PBOC) is not asleep at
the wheel, and was yesterday actively buying gold into this dip.
My senior geologist for Rickards’ Gold Speculator, Byron King,
had this to say:

"My contacts across the industry — from mines in the desert to
trading floors across the world — believe that yesterday’s gold
price crash was a manipulated event, designed to flush out paper
traders with weak hands. Gold prices should firm up and consolidate,
and then the yellow metal will make its next move upward. Right
now is a buying opportunity for everything on the shopping list."

The rate hike/strong-dollar scenario is strictly temporary. Soon
the reality of lower growth, lower rates and a weaker dollar will
sink in. Then gold will make up today's lost ground and surge higher.
I was on a conference call Tuesday morning when I first noticed the
price action in gold. As soon as I finished that call, I dialed my
dealer and bought more physical gold. I consider this lower price
point a gift and an opportunity to add to my allocation at an
attractive level. You should too.

Wade says: "I am not going to mention any names here because this
is a public forum. I know of my own knowledge an investor who was
living in Leesville, SC during the roaring inflation of the 1970's,
and saw what was happening to the US Dollar. He bought and paid
for seventeen one-ounce Kruggerrands at $183 each. Even with
today's 'adjustment,' have you checked yesterday's spot gold
prices? If you think long-term, you cannot go wrong!"