Don’t Walk, Run Away From The Financial System!

June 5, 2013 7:53 am est

My Dear Extended Family,  

 

This is how our new billionaires and trillionaires will preserve their capital for ten generations to come.

 

This letter might as well be to you. The question is not if Bail-In will occur in North America, it is a question of how big it will be. The answer to that is simple.

 

The size of the Bail-In or “Major Wealth Tax on Unsecured bank lenders (deposits), will be the size of the entire OTC derivative loss less what occurs when Legacy OTC Derivatives are marked to market less the capital of the financial institutions.

 

Any idea that losses end at the capital position of a financial institution is total nonsense. The size of the loss might well be the final resolve process of the setting up a “Resolution Bad Derivative Trust” for the bankruptcy of the huge amount of legacy OTC derivatives still floating like a mine field financially in cyberspace. This will occurs in the following order.

 

The Great Flushing = Lehman Brother

The Great Leveling = Bail-In plus even more massive stimulation program

The Great Reset = The new monetary system made up of:

 

1. A virtual reserve currency.

2. Only traded by central banks.

3. Tied voluntarily to the value of central banks gold, valued at market.

4. By voluntary arrangement tied to a M3 of the Western world M3.

5. Gold will have traded for 2 to 5 years emancipated from no-gold paper as the price discovery mechanism.

 

This is how our new billionaires and trilionaires will preserve their capital for ten generations to come because they have all the above ground physical gold, all of it, by hook or crook.

 

Are you preparing for this transaction or are you going to be an accident of the Great Leveling of 2015-2016?

 

Jim Sinclair