Global bank run

Here’s a snippet…

It means that nobody’s money is safe. It means that regulators care more about protecting the so-called “Systemically Important Financial Institutions” than about protecting Ordinary Joe investors. It means that, when crunchtime comes, central banks and government regulators will allow SIFI’s to get better, and let the Ordinary Joes get fucked.

If you can’t hold it in your hand,YOU DON’T OWN IT.Get yourself out of paper assets,and into tangibles.

A silver dime in the hand is better than $1.2 million on paper when it goes KABOOM!!!

Just saying.

Read the whole thing.

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