(Note: Our server has been having glitches and problems today. Many derogatory and profanity filled comments got through before we fixed it....We apologize ~Dinar Recaps Team)
[Jester] HAPPY MONDAY PEEPS AND STUFF... SO WHAT IS GOING ON?
[BocaLinda] jester many of us are concerned with the G20 business about our deposits not being considered money any longer, bail ins... I have a link if you haven't seen it...
[Jester] BocaLinda I HAVE SEEN IT AND YOU SHOULD HAVE FIGURED OUT THE ANSWER BY NOW...
[BocaLinda] jester well since its not readily attainable from this tired old brain, could you humor me with how you think we should protect ourselves? I know gold should be one thing... anything else?
[Jester] BocaLinda AND ARE YOU FOR SURE THAT IS WHAT IS HAPPENING SINCE IT HAS NOT HAPPENED YET?
[BocaLinda] jester um.... noooooo..
[Jester] BEST TO LET IT RUN IT'S COURSE AND SEE IF THE HARBINGERS OF DOOM ARE RIGHT IN THEIR PREDICTIONS OR NOT....
[Jester] IF THEY ARE THEN TAKE STEPS TO PROTECT YOURSELF..
[BocaLinda] jester ok. first I've breathed all day. thx!!!
[Jester] I DO NOT LIKE TO GIVE FINANCIAL ADVICE HOWEVER THIS IS A NO BRAINER... IT IS CASH THAT IS THE PROBLEM... SO ARE YOU PLANNING ON LEAVING ALL YOUR STUFF IN CASH? COME ON... THINK PEOPLE...
[BocaLinda] jester, what would those steps be?
[BocaLinda] jester gold, silver, etc
[Betsy Ross] buy hard assets correct?
[Jester] ANYTHING BUT CASH... SIMPLE...
[BocaLinda] whew! see! I knew the answer
[Jester] Truth IT IS REALLY THAT SIMPLE... INSTEAD OF WEIRDING OUT ABOUT THIS SORT OF THING TAKE A MOMENT TO THINK IT OUT... IDENTIFY THE PROBLEM... NOT THE SYMPTOM...
[Jester] SEE EVERYONE GETS WEIRDED OUT BY THE SYMPTOM AND DOES NOT TRY TO SOLVE THE ACTUAL PROBLEM...
[lulu] Jester the immediate thing I see is get your cash out of the bank and invest intangible assets that have real value to maintain your wealth
[Jester] I AM SURE EVERY OTHER SO CALLED FINANCIAL ADVISER WILL POO-POO THAT AND MAKE THEIR OWN RECOMMENDATIONS BUT IF CASH IS THE PROBLEM THEN IT MAKES SENSE TO HAVE NONE... HAHAHHAHA
[BocaLinda] jester the thoughts hitting me today were about them taking our funds after the exchange before we could purchase anything with it...
[jojill] Jester...will supply be an issue.
[pollyp] Jester, how can these new laws be accepted as legal?
[Jester] BocaLinda MAY HAPPEN IF YOU ARE NOT PREPARED BUT I DOUBT IT WILL BE THAT FAST... I COULD BE WRONG BUT THE INITIAL INFUSION OF WEALTH INTO THE SYSTEM SHOULD SHORE UP THE SYSTEM FOR A BIT AND GIVE THE MORE SAVVY A CHANCE TO GET WHAT THEY NEED TO DO DONE...
[Jester] jojill SUPPLY OF?
[Jester] pollyp WHO IS GOING TO CALL THEM ON IT? THEY ARE THE GOVERNMENTS THAT MAKE THE LAWS... UNTIL THE SHEEPLE WAKE THE F UP WE ARE STUCK WITH WHAT IS GOING ON...
[BocaLinda] jester hope you are right. Thx hon!
[pollyp] Jester, the problem I had before was centered on our useless government, now the entire world has gone nuts.
[Jester] BocaLinda YOU DO NOT HAVE TO BELIEVE ME.... GET SOME PROFESSIONAL ADVICE... ASK THEIR OPINION... THAT IS WHAT I HAVE ADVISED YOU TO DO ALL ALONG...
[BocaLinda] jester I know. bit appreciate your input too..
[pollyp] Jester, we need to find financial teams that haven't drank the koolaid, might be a difficult task
[stillwacko] Jester You are considering physical cash in hand the same as digital cash in a bank account?
[Jester] stillwacko WHY WOULD IT BE ANY DIFFERENT?
[stillwacko] Jester scary the way I think, isn't it LOL
[mentoredlife] Jester did you see this about DB? Wasn't that one of the triggers you said to keep an eye on? http://www.businessweek.com/news/2014-11-17/deutsche-bank-exits-most-single-name-credit-default-swap-trading
[lulu] Jester whenever I try to buy gold from the bank they always warn me that they do not recommend it they would love to show me their investment plans which are always stocks and the like.
[lulu] More paper
[Jester] lulu WELL YOU SHOULD BUY SOMEWHERE ELSE ANYWAY... HAHAHAHAH
[diditrvyeet] Jester did you read Jim Willie's Tokyo Twist on recaps? That was nice and blunt. Makes me puke. Will these people ever really change? When I first read Japan was doing QE after fighting it for years, something didn't seem right.
[lulu] Jester yes but they are supposedly financial advisers
[mentoredlife] I agree with Jester about moving your cash into other tangible assets. I gave a presentation on it a couple of years ago that you can watch on YouTube if you like. I don't want to self promote, but I cover some of the alternatives to traditional paper assets and the reasons why to have them - even without the Dinar and the GCR.
[diditrvyeet] lulu might mean karatbars
[Jester] I THINK THAT LINE OF INTEL DID NOT PAN OUT IF YOU ASK ME... THEY MISSED EVERY DATE THEY PREDICTED... WAS AN UNDERLYING MOTIVE THEY HAD FOR OTHER THINGS THAT ALSO DID NOT PAN OUT...
[BocaLinda] mentoredlife could you im me your link?
[lulu] Diditrvyeet I'm in Canada some of the coin dealers here have good reputation
[Goose] Lulu here in Texas as well
[Jester] diditrvyeet NOT NECESSARILY... THERE ARE OTHER PEOPLE OUT THERE PREPARING FOR THIS AND WILL THE HOLD GOLD ASSETS... IT HAS NOT THAT PUBLIC....
[Jester] lulu NOTHING WRONG WITH COINS... BUT HOS YOU GOING TO STORE THEM... THINK DOWN THAT LINE...
[Goose] Jester not in a bank vault
[mentoredlife] Sorry, forgot to include the video
[Jester] YOU CAN BUY ALL THE ASSETS YOU LIKE AS mentoredlife NOTES... SOMETHING TO THINK ABOUT...
[lulu] jester I have been thinking about that and digging a hole in the ground doesn't make sense neither does a bank security box on bank property what are your thoughts? An off shore bank account?
[BocaLinda] mentoredlife thx!
[Jester] lulu I DO NOT TRUST BANKS... THEY ARE NOT YOUR FRIEND... THEIR PRIORITY IS SEPARATING YOU FROM YOUR MONEY... HAHHAHAHAH
[Jester] lulu A COUPLE HOLES IN THE GROUND MIGHT NOT BE A BAD THING.... HAHAHAHAH
[mentoredlife] Diversification means different assets, in different asset classes, in different jurisdictions. Not just a few different mutual funds like the banks and financial advisers typically advise.
[Goose] Long as you don't forget where
[diditrvyeet] Goose ha keep a metal detector handy
[jojill] Jester...oops..there's also "real" estate
[pollyp] Jester, if currencies are asset backed, shouldn't that alone minimize the issue? Although, the G20 passed these for the reason that they may need to utilize them in the future, it seems maybe they are looking out for a certain issue that would take the whole lot down and they would rather us poor folks take the brunt rather than lose an entire economy. But, it still is slimy anyway you look at it. Sorry, thinking and typing at the same time.
[Jester] pollyp YOU MISS THE POINT AS A CURRENCY IS A CURRENCY AND IF THEY HAIRCUT THE CURRENCY IN THE BANK YOU ARE STILL HAIRCUT....
[Jester] AND I DID NOT SEE THAT IT WAS PASSED YET... AND I DO NOT THINK THE G20 CAN PASS LAWS... IT MAY BE SOMETHING THEY PLAN BUT IT WILL HAVE TO GO THE LEGAL ROUTE IN EACH JURISDICTION..
[pollyp] Jester, Like the IMF Reforms?
[Jester] pollyp A TOTALLY DIFFERENT TOPIC... REGARDING THE GOVERNMENTS INVOLVEMENT IN THE IMF...
[diditrvyeet] Jester thanks for letting us bounce questions off you tonight
[pollyp] Jester, okay, thank you. I can see I dont have a clue exactly what is happening with this. I'll try to get more educated. Thanks for your patience with me.
[Jester] pollyp THEN YOU ARE OVER THINKING IT.. IF... BIG IF... THEY GO THE DIRECTION THAT SOME ARE SAYING... MAKING BANK DEPOSITS AN ASSET THEY CAN SEIZE IN THE EVENT OF A BANK DESTABILIZATION... THEN THE WAY TO AVOID THAT IS NOT TO HAVE ANY... SIMPLE...
[lulu] Jester China started a new stock exchange?
[Jester] lulu NOT STARTED.. LINKING EXISTING...
[diditrvyeet] Jester recaps had a post by markz friday eve that puzzled me..he said wait a couple days to ce as the rate and taxes could be more favorable. I know you don't speak for him but any idea on how taxes could be different?
[MotoXR] diditrvyeet I was wondering the same thing and don't be the first mouse to the cheese
[Jester] diditrvyeet I DID NOT SEE THE POST...
[diditrvyeet] Jester i'll find it again
[Jester] MotoXR I DO NOT THINK IT WILL MAKE ANY DIFFERENCE... MY OPINION....
[MotoXR] Jester Ok Thanks I kinda figured that, but I'm not that far in the know to 100% know lol
[diditrvyeet] Jester http://www.dinarrecaps.com/our-blog/category/markz
[Jester] MotoXR THERE IS STILL A LOT OF SPECULATION ABOUT WHAT WILL HAPPEN OUTSIDE THE KNOWN GROUPS.... WE WILL HAVE TO WAIT AND SEE...
[diditrvyeet] Jester like i mentioned, it was the mention of taxes that got me wondering what's up now
[lulu] Jester did you have anything you will like to share?
[Jester] diditrvyeet WELL IT DID NOT HAPPEN OVER THE WEEKEND AS THEY THOUGHT... SO WHAT CAN I SAY?
[diditrvyeet] Jester i didn't think it would, you told us that part
[MotoXR] diditrvyeet I don't know how they could change it . imo has to be the same for everyone
[Jester] I AM STILL LOOKING FOR SOME ACTION IN THE NEXT COUPLE DAYS ON THAT DOMINO.. YOU WON'T SEE IT.... BUT I AM LOOKING AT A COUPLE WEEKS OUT STILL OF ANYTHING TO HAPPEN THAT WE COULD ACTUALLY SEE..
[BocaLinda] jester past thanksgiving then...
[Jester] MAYBE A LITTLE CLOSER... SAY 10 DAYS OR SO...
[Jester] BocaLinda OR THEN... HAHAHAHA
[BocaLinda] jester will you tell us what that domino its once it happens?
[Jester] YOU GUYS NEED TO QUIT HANGING ON THESE DATES... IT DOES NOT WORK LIKE THAT...
[BocaLinda] dates hang from trees here in So FL....jus sayin oops
[Jester] BocaLinda DON'T KNOW.... DEPENDS ON HOW SENSITIVE THE INFO IS AND IF IT WILL HURT ANYONE TO TELL IT...
[BocaLinda] jester good enough thx for tonite! love
[MotoXR] Jester progresive steps have to be completed to move to the next one as it has been for some time now i take it.
[Jester] AND IT WILL NOT HAPPEN IN ONE FELL SWOOP LIKE EVERYONE THINKS... THEY ARE NOT GOING TO JUST ANNOUNCE "HEY EVERYONE JUST GO TO THE BANK"... HAHAHAHHAHA
[Betsy Ross] Great chat tonight everyone! Thank you.
[MotoXR] Thanks everyone Fun night
[Jester] MotoXR THINGS ARE HAPPENING... LOOKING VERY POSITIVE... THE WORD IS IMMINENT.... IT WILL HAPPEN... JUST BE PATIENT... YOU HAVE ALREADY WAITED A LONG TIME... IT WILL HAPPEN...
[Jester] SEE YOU GUYS TOMORROW... . KEEP THE FAITH...