For those who are unable to read the writing on the wall (on the heels of Poland nationalizing retirement accounts), Jim Sinclair has prepared a MUST READ GOTS (Get Out of the System!) checklist.
Are you fully out of the system and ready for a bail-in collapse of the Western banking system?
From Jim Sinclair:
1. Your equities are held in certificate form.
2. You have no Federal income tax favored retirement funds.
3. You have no CDs and investments in bonds.
4. You have modest money deposited among selected BRICs countries.
5. You store your own precious metals.
6. You have no mortgage obligations.
7. You keep cash on hand for 6 months expenses.
8. You have no consumer debt at all.
9. You have a small hobby farm for protein and veggies outside of where you are living with no mortgage debt, set up green.
10. You have a gas, diesel or electric car with high fuel mileage for the farm.
11. You have a generator with large fuel capacity for the farm.
Note the reference to all retirement accounts. Those accounts are going to be targeted and your hard earned assets will be replaced with a special issue of sovereign paper that will have no real value whatsoever. Whilst the penalty and taxes may seem onerous they will seem insignificant after the nationalization occurs.
Quite simply there is no time left and I advise that you must act now to secure what you have.