Hey Friend, Heads up!
I've been preaching for several years now about the dangers of relying too much on the banking system and fiat currencies. In fact, interestingly enough I gave this presentation to financial professionals in Moscow and Kiev the end of 2019. MANAGING MARKET RISK WITH ALTERNATIVE ASSETS. You might find it eerily prescient. Well, it looks like the chickens are coming home to roost!
Russia has been cut off from the international bank payments system which means their economy will collapse without payments for exports or external trade. Click the headline above for an article and the video announcement.
In the face of this threat Russia has reminded the west that they have.a high level cyber attack capability and in a 'tit for tat' move, they could very easily cripple western banks with massive cyber attacks.
So what? 'So what' means that the entire banking system could be in a collapse mode in a matter of hours. 'So what' means that there will be bank runs starting as soon as they open their doors tomorrow morning. 'So what' means that banks don't have the cash reserves to meet demands in a run on the banks and their only option will be to 'shut down'!
If you have heeded my previous advice and converted a good portion of your fiat currency into Alternative Assets you're in good shape. But I fear most have not listened and are not prepared.
I don't know what you should do, but if it were me, and I wasn't already prepared like I am, I'd be getting my hands on as much cash, gold, silver, crypto as possible, RIGHT NOW today. while I still can.
I thought you should know.
Mark |