Fed to order 1 week universal bank shut-down?

[dawnbt]

I don't know the validity of this, but thought I'd pass it on.


Looks like W, Paulson and Bernanke are going to close up shop for a few days to see how you like it. Then perhaps you'll stop pestering your representatives and messing up their plans to finish off looting the country.

This is in tonight's Le Metropole Cafe. Jim Willie is a very respected and well connected precious metals analyst and investor:


Jim Willie, who will be joining the GATA gang for dinner in Toronto on Friday Night, is reporting the following, which has been confirmed:

LAST MINUTE MESSAGE: Reliable word that Bank of America branch managers just received a letter or memo from the USFed instructing them to perhaps be ready for a one-week universal shut-down of the banking system, including access to checking accounts, savings accounts and credit cards. Reliable word has it that BofA bank branches received a shipment of signs last week, reading

"We're sorry, but due to circumstances beyond our control, we cannot be open at this time."
(Bag here):I might suggest that all of you living in the states get at least a weeks worth of cash on hand NOW! Your checks and plastic will be worthless.

http://www.surfingtheapocalypse.net/cgi-bin/forum.cgi?read=214880

 

[SnappleLlama]

Hoooo, boy, this is going to be fun! No access to the bank for a week? Um, wouldn't that prevent any payments from going through to pay off debts, etc? I sincerely hope this isn't true. :0

 

[NinjaPirate]

Say what? This only pertains to BoA, right??

 

[dawnbt]

Just came across this too.
http://halturnershow.blogspot.com/

 

[ItsTime]

they would never do it. it would cause riots on banks

 

[micahnelson]

they would never do it. it would cause riots on banks

Which would cause a panic, and force sweeping legislation to protect us.

 

[dawnbt]

they would never do it. it would cause riots on banks

Hence the Army here and martial law?

 

[NinjaPirate]

Hence the Army here and martial law?

Most of our forces are overseas.

 

[Mister Grieves]

Bring it

 

[tmosley]

Most of our forces are overseas.

Two units are being permanently stationed on the US mainland, permanently.

 

[LittleLightShining]

Any other sources? Both links seem to be based on the exact same information.

 

[dawnbt]

Any other sources? Both links seem to be based on the exact same information.

Not that I've seen. Like I said, not sure about the validity, but worth looking into and possibly prepared. At this point, I don't put anything past these sociopaths.

 

[Sarge]

BoA would not then be the only one getting that message, if true.

Anyone have a contact at another bank that might find out if this is correct?

 

[cbc58]

hogwash.

 

[freelance]

Most of our forces are overseas.

Most of Blackwater is NOT!

 

[freelance]

Not that I've seen. Like I said, not sure about the validity, but worth looking into and possibly prepared. At this point, I don't put anything past these sociopaths.

GATA was very specific about it being a rumor--just a heads up--just in case.

We can freak out, or we can prepare for the worst and hope for the best. I choose to prepare.

 

[Cowlesy]

He either has inside information, or is going to be on the top of the list for rumor-mongering.

I don't buy it.

 

[freelance]

From Jim Sinclair:

Dear CIGAs,

I have no doubt that $1650 will come. My concern is not that it will not happen, but that I am much too conservative in my long-term price objective since 2000.

If major banks can be torn apart how can we have faith in the small local institutions that hold most of your ready cash?

When I said �This is IT,� it is not something that I take lightly. Never in 49 years in finance have I seen a set of circumstances so challenging to the man in the street.

What I am getting at is a simple question. Are you prepared? You have heard us talk repeatedly on removing financial intermediaries between you and your assets, but the time has come for us to recommend going one step further:

Hold enough cash at your household to last you a month or two. It may be largely unnecessary for the majority, but what do you have to lose? If your bank should fail this will save you a lot of grief in the short term. If they do not, you still have all your cash that can easily be deposited back into your account.

Regards,
Jim

P.S. What are these little thingies (�) and why did they start appearing a month or so ago? Are they a new font?

 

[NinjaPirate]

I just called up my bank and they said they haven't heard anything about it.

Now that I just got off the phone, I feel kind of silly for asking... :o

 

[cbc58]

those are likely quotation marks that are coming through as other characters...