Thursday, September 13, 2012

More Americans opting out of banking system


Washington Post headline (9.12.12): More Americans opting out of banking system


The first line reads: "In the aftermath of one of the 

worst recessions in history, more Americans have 

limited or no interaction with banks..."


According to TheEconomicCollapseBlog, "The worldwide derivatives market is starting to show some cracks, and at some point this is going to become a major disaster. Remember, the 9 largest U.S. banks have a total of more than 200 Trillion dollars of exposure to derivatives.  When this bubble completely bursts it is going to be impossible to fix." 

Chaplain Lindsay Williams has warned us his Global Elitist connections have stated DO NOT watch the the stock market, housing market, interest rates... watch the DERIVATIVES! 

Remember in May when JP Morgan announced it would be taking a 2 BILLION dollar trading loss on some derivatives trades gone bad?  Well, the New York Times is now reporting the real figure could reach NINE Billion dollars! Will JP Morgan need a bailout?  If so, what's that going to do to the U.S. financial system?

Italy. Spain. Financial nightmares with more to come.

QE3 is here in the USA. Essentially, that's code for "Print More Money!" As any idiot can tell you, too much of anything decreases its value and power. Your dollar is being devalued right under your nose. 

And you work so hard, too.

As for me and my house, for the most part, we pulled out of the banking system. We leave enough to cover upcoming checks but that's it. Folks, you should be doing these things, too.

You must! Face it, if you want something you don't have, you must do what you're NOT doing.

When it comes to silver, gold and food storage, I can help you. For gold-backed and grain-backed IRA's, contact Fulton Sheen at Merging Streams Commonwealth (fsheen@gmail.com). He can help you get connected to the FOREX, too. 

Do NOT believe the lie "Gold and Silver are for rich people!" Trust me, my wife and I are NOT rich. We're just smart - smart enough to admit we are NOT financial geniuses and smart enough to get connected with people who ARE!

So, what are you waiting for... an invitation? Well, that's what this is, an invitation to contact me by sending an eMail to miketummillo@me.com and typing "$$" in your Subject Bar along with your first and last name and phone number. I'll be in touch!

Every blessing,
Michael Tummillo

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