Originally Posted by
Anne In TN
After hearing about China and India dropping the dollar from their trading, I got to thinking, "What does that mean for the stability of my money in the bank?" Then I realized that for now, all that will happen is that the dollar will be losing more value faster. Then I wonder, "How much faster? Then I am wondering, just "what will trigger a run on the banks and will we folks who stay joined at the hip to our doomer forums, like this one, know to run and get our money out before everyone else or, will the banks just quietly and secretivly close for a 'bank holiday' with no warning to the semi insiders like us?"
I put some money in there recently to pay for a large ticket item with a check. I'd rather pay by check but am nervous about having the cash sitting in such a vulnerable spot. If I pay by cash, I feel like I won't have as good a receipt.
If you have extra money, put some into silver. We don't have extra flow, as most of it goes to buying food and paying bills.
If anyone has a 401k, cash that thing out, and buy some gold, silver, food, ammo, and anything to help you live off the grid, if you got that kind of flow. If Lindsey Williams is on the money like he has been for a while, the dollar will die next year, if not sooner.
The cancer to America's money is the Federal Reserve. The value of the dollar started going down ever since it's inception in 1913.
Proverbs 29:2, "...when the wicked beareth rule, the people mourn."
Acts 4:12, "Neither is there salvation in any other: for there is none other name under heaven given among men, whereby we must be saved."
Hebrews 13:8, "Jesus Christ the same yesterday, and to day, and for ever."
Revelation 3:11, "Behold, I come quickly: hold that fast which thou hast, that no man take thy crown."
Matthew 28:20, "...I am with you alway, even unto the end of the world. Amen."