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Camp chatter

Is your money portable

7/30/2017

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The non-elected EU governing authority is considering freezing bank accounts to stop any run on EU banks. This would be a measure to stop any major gap or loss of confidence in the system. By restricting your rights and freedoms to your capital the very undemocratic EU will consider applying its authority over Europeans money. We have seen runs at banks in the past Greece being the most obvious, but the US has had its share of issues throughout its history. FDR's seizure and forced citizen sale of gold back in 1933 is one most people forget or have never heard of. We do not need to look far back in history to see examples of government acting in heavy handed and authoritarian ways. It is  helpful to be reminded of what will happen again when governments are required to act firmly.

https://www.forbes.com/sites/greatspeculations/2013/04/05/governments-still-heavy-handed-80-years-after-fdrs-gold-confiscation/#76eb190016a6


https://www.zerohedge.com/news/2017-07-29/its-your-money-you-can%E2%80%99t-have-it-eu-proposes-account-freezes-halt-bank-runsre to edit.
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  • About
  • Drillbits
  • Core Shack
  • Camp Chatter
  • Made the Grade
    • Goldstrike Resources
    • Juggernaut Resources
    • Goliath Resources
  • Prospectors Corner
    • The Model
    • Quality Targets >
      • Skeena Resources
      • Auryn Resources
      • Tudor Gold
      • K2 Gold Corp
      • Brixton Metals
      • Amarc Resources
      • Atac Resources
      • Pure Gold Resources
      • San Marco Resources
      • TerraX Minerals
      • Torq Resources
      • Bell Copper
      • Moneta Porcupine Mines
    • Commodities >
      • World Wide Precious Metals
  • Contact
    • Disclaimer