With the Bank of America now warning its customers that we are preparing to enter a 'financial twilight zone' as shared by Bloomberg and the 1st video below from The Alex Jones Channel, each and every day we see new signs that the war upon cash is heating up and the financial noose tightening around our collective necks as the 'mark of the beast system' is being prepared to be fully implemented in America and the days remaining for those planning on leaving the country for greener pastures dwindle, time is truly of the essence for those who plan on jumping this rapidly sinking ship. First, a note from the Bank Of America to its investors shares this dire warning.:
Investors remain trapped in “The Twilight Zone”, the transition period between the end of QE and the first rate hike by the Fed, the start of policy normalization...until (a) the US economy is unambiguously robust enough to allow the Fed to hike and (b) the Fed’s exit from zero rates is seen not to cause either a market or macro shock (as it infamously did in 1936-7), the investment backdrop will likely continue to be cursed by mediocre returns, volatile trading rotation, correlation breakdowns and flash crashes. For this reason we continue to advocate higher than normal levels of cash, adding gold and owning volatility in mid 2015. Given extremities of liquidity, profits, technological disruption, regulation, income inequality…potential for a cleansing drop in asset prices cannot be dismissed. Most likely catalysts: Consumer, Rates, A-shares, Speculation, High Yield.
In the 2nd video below from Luke Rudkowski and We Are Change he shares with us the true story from the mouth of a man who has voluntarily implanted himself with a microchip which he is able to use to hack into Androids as well as pay his gas bill or other bills without cash. We can see that transhumanism is here now and while this man admits to Luke that there are very dangerous potential drawbacks to this technology, "it's cool" and likely before too long, they'll use these 'cool' features in order to 'sell' the mark of the beast to the unsuspecting masses clueless it's a tool of evil.
In the 3rd video below from Paul Sandhu we learn why cash is the final frontier that needs to be conquered by governments to take away the very few freedoms still remaining for most American citizens as the war upon cash is kicked into overdrive. Paul tells us the story of Lyndon McLellan of North Carolina and why the government attack upon him, the stealing of his money, could happen to any of us.
The recent alert republished below from the website of Steve Quayle gives us more proof that the noose is tightening as we see travelers being harrassed by Homeland Security agents at airports both here in America and overseas about the amount of cash they may or may not be holding on hand. With the 'clampdown on cash' already having progressed to the extent detailed in this story, we are simply running out of time and time is of the essence now.
Hi Midas. An interesting observation from recent travels. I've been travelling internationally 3-4 times per year for a few decades now. But I've never seen this happen. When boarding our flight at SFO, there were 8-10 Homeland Security agents lining the jetway right before stepping onto the plane. They were pulling people aside and when we were stopped, a very odd encounter followed:
agent: 'passports please' We hand over passports, agent opens and looks over quickly.
agent: 'what is your relationship?'
response: 'we're married, you just looked at our passports, didn't you look at our names?' [obviously had no interest in looking at the passports]
agent: 'how much money are you travelling with?'
response: 'not much'
agent: 'so you don't have a large sum of money?'
agent: 'how much?'
responce: 'we do't have much'
agent: 'so you're not travelling with ten thousand dollars or more?'
agent: 'ok' [very curt response I must add]
2 hours later we're boarding the connecting flight in Amsterdam, and start back throught the gate security process (full screening again) and after we redress from the body scan take-down, we start towards the waiting area. 3 security personnel great every person with a dog nosing around us. I thought, standard drug sniffing dog, but it jumps towards my wifes hat she's holding in her hand. She comments 'you want my hat' and walks past. A gentleman a few feet away is observing the whole process and comments 'no, he wants your money. He's trained to snif for how much you have.' I take my place next to him to observe a few people coming through the process and sure enough, a few people get the enthusiastic greeting any drug smuggler wouldn't want to see, but then the question from security 'how much money do you have?' follows. One lady with $3000 had to produce it for viewing (to the entire lounge I may add), while another gentleman with $7000 was waived through.
Quite a different screening process than I've ever been subjected to. Is something up? Not sure. But given the discussions on banks being required to notify the feds on cash withdrawls, Citi and others calling for a 'cashless society', and now this level of screening, it just feels odd. Best, Steve