The endpoint of chronically consuming more than you produce as a nation is bankruptcy and miserable poverty. It is not a pretty sight. Oh by the way there will be a price Americans will pay for an $18 trillion Federal debt, printing of trillions more, $10 trillion in state and local debts, $100 trillion in unfunded liabilities. It won’t be pretty either.
If one has precious metals I can think of a lot better place to keep them than a bank.
One of the main reason to have them is a hedge against monetary collapse and the banks are part of that system.
THIS is why I got rid of the safety deposit box. Way too little control over contents.
That is why I never had one i lost all my guns coins and such in a boating accident
Then Place along side the "gold ingots" in the safety deposit box a Picture of me flipping the bird to camera with a note attached to picture that says "screw you feds".....
Either that or a picture of this:
Consider it a a very practical targeted time-released joke in the days to come...
it could not afford in 2008 and indeed to join the monetary union. Indeed it is alleged the Draghi himself helped to cook the books.
Indeed.
Why have a safety deposit box if the gov’t can seize it? Not very ‘safe’ is it..
And I'll
Spend it if I wanta
Spend it if I wanta
Spend it if I wanta
HUH!
"Whats you talken about?"
Simple question: If Greek bankers are stealing the contents of safety deposit boxes, why aren’t these bankers hanging from lampposts?