Jim Sinclair Issues Bail-In Warning “This is the Second Significant Bank to Give This Notice”…(Get Out Of The Banks!!)
SilverDoctors.com
July 26, 2016
From Jim Sinclair, JSMineset:
Get ready, get set, then get bailed in to, so on top of insult comes injury.
It is a logical possibility you might end up owing money for the privilege of keeping any money in the bank.
This is the second significant bank to give this notice. What do you need? Twenty of them to make the same announcement? I would suggest a jog, not walk, to any bank you have money in and try to take out any meaningful amount of cash.
You are in for a surprise. Better to be first in line and the squeaky wheel, not last and begging. Gold and silver will maintain buying power in your hand. Cash is for transactions.
Have you been listening to my weekly exchange with Bill on the premium side? We have been focusing directly on this situation.
Regards,
Jim and Bill.
Savers fear negative interest rates as Natwest warns businesses might have to pay to hold cash
Tim Wallace and Katie Morley
25 JULY 2016 * 9:48PM
Natwest has become the first bank to warn business customers it may charge them negative interest rates on money held in current accounts.
The Rest…HERE
