With European capital scrambling into gold following BREXIT, the cartel just played their hand.
The plan this time is NOT door-to-door confiscation, but simply to SHUT DOWN the best gold and silver dealers the moment the public begins to wake up…

 

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The cartel have tipped their hand.  The plan is not to come after your gold and silver coins, it is to shut down the gold and silver dealers themselves, and prevent access of safe haven capital flows from reaching the safety of gold and silver bullion.

Case in point?  Sweden’s largest gold and silver dealer Tavex Guld & Valuta, whose bank accounts were suddenly closed Thursday without notice by Swedish bank SEB due to ‘a general business decision’.

Notice posted on Tavex Guld & Valuta’s website that as of 15:30 on June 30th 2016, they can no longer accept bank deposits or transfers as SEB has shut down their accounts without notice, leaving the PM firm scrambling to set up alternate payment systems

 : (google translated into English)

Warning of change in Tavex AB’s payment

Best customer,

We hereby announce that as of 15:30, Thursday, June 30, 2016, we can no longer accept bank transfers or bank deposits for gold and silver to our Swedish SEB account.

The reason for this is that SEB – at very short notice – informed us that they will close down our bank account. This decision has, unfortunately, been made without first consulting us, and in addition to state in its notification letter that the decision to close our account due to “a general business decisions,” they have not yet given us any concrete reason why they decided to take this measure .

The banking system in Sweden is operated however vigorously towards a cashless society, as you probably are aware of, and Tavex has, as one of the largest wholesale suppliers of physical notes and investment metals in Sweden, as we see it become a target for the major commercial banks.

With that said, we are working frantically to set up a new payment system that we believe will be operational in two to three weeks.

Screen shot of Notice posted by Tavex:

notice

Screen shot google translated into English:

Tavex

 

The strategy makes perfect sense from the cartel’s point of view.  While stackers worry about a gold and silver confiscation event, the concern for the elite in today’s financial world is not the 0.1% that own precious metals, it is keeping physical gold and silver out of the hands the gradually awakening masses.  (Particularly when they’re suddenly awaken via an event like BREXIT or bail-ins)

In fact, the plan has already been tested and implemented in the US and is simply lying dormant awaiting the Go Signal, under the program Operation Choke Point. 

If you haven’t acquired your financial insurance before the financial crisis hits, don’t expect the elite to allow you to acquire them when TSHTF. 

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    • That would be good info… but either way, this is, so far, a one off thing, much more likely a bank problem or a MF Global type issue with the SELLER, not the bank… than a concerted effort to target gold.  If it was systemic, it would be ALL Swedish banks, not one… and why just Sweden… is that the cartel’s capitol??  We need sober truthful articles… this is getting into Polyp Polny and Marshgas Swing territory… hyperbole.

    • JusttheFacts:  Just what are the facts? Are we to believe that the powers-that-be have no malevolent intentions,  like the bank confiscations in Cyprus?

    • @JustTheFacts s  “Operation Choke Point” is alive & well!  There are plenty of reports of Chase Bank, aka JP Morgan silver-hoarder, and US Bank, and … routinely shutting down accounts and access to the funds, in 2016.  Just google it.  Note some articles and user comments on americanbank er dot com.  Big Brother is specifically targeting LCS and guns shops, such as Hawkins Guns while they stockpile PMs and are militarizing local police with armored vehicles and weaponry previously only used in war zones.

      We should collect and post a list of offending banks and – if any – non-conforming institutes.  I think those may be “non-existent” as far as FDIC insured is concerned.

    • Just Facts, I think your comment is bullshit.  The issue is the PM dealer’s account to convert customer fiat to phys was closed.  The customers cannot make payment to convert fiat to phys so the Cartel is putting a choke on demand for phys.

      It is not a bank problem! !

    • seems like a similar situation when us banks closed gun makers accounts. Not some shadowy bail in, but rather just a move to make it tough to do business for an industry that the powers that be don’t like.

    • “Seems like a similar situation when us banks closed gun makers accounts. Not some shadowy bail in, but rather just a move to make it tough to do business for an industry that the powers that be don’t like.”

       

      Excellent point, Dirtlump.  Via the banks, TPTB are just “fussing” with businesses and customer transactions that they don’t like.  Yep.

    • Just checked the track record of Tavex. In 2014 the Swedish Economic Crime Authority reported that Tavex was prosecuted for fraud. This link will give you the case info in Swedish and a rough translation

      http://bit.ly/29gYrbU

      This may or may not have to do with why the SEB bank made the decision to stop giving service to Tavex. Notwithstanding, the times are such that one has to be vigilant. I don’t trust banks. And in Sweden they are far too big and the ground is shaking under their feet.

       

  1. The strategy makes perfect sense from the cartel’s point of view.  While stackers worry about a gold and silver confiscation event, the concern for the elite in today’s financial world is not the 0.1% that own precious metals, it is keeping physical gold and silver out of the hands the gradually awakening masses.”

     

    Just imagine the cost of metals when that happens. It’s not very far away at this stage. When one cannot acquire that which is highly sought after, the sky is the limit as to how much one will pay. The “masses” at some point will realize they were duped into thinking the pet rock, the barbarous relic was of no value. At that point it will be too late for acquisition without a king’s ransom.

    • Yes, that was my first thought though the OP wants to spin it in another direction. Possibly too many customers getting stiffed?  SEB careful with their announcement, avoiding any possible slander liability

      This is only  SWAG on my part. I hope the OP is right.   We will find out soon enough.

    • If so there should have been a leading development of pissed of customers. And then those customers asking if this bank action would help resolve their problems.

      Pretty quiet customers for such drastic bank action.

  2. Interesting…

    I had a money order mailed June 15 that I put directly into the post office box that was delayed and then has been cashed June 28 but the retail dealer said they did not do the cashing…

    That major retailer will remain nameless until I receive the photocopy from Western Union…

    But to me its timing is questionable…the order number and such was written all over it so how could another entity or person cash it?

    That retailer has since delivered on other orders but to me but it is still strange…it was not sitting outside in my mailbox or at a postal box on the street…I dropped it at the US Post office (the main one) right next to the airport…so the whole thing really concerns me.

    • @justmakinalivin

      From this article:

      In fact, the plan has already been tested and implemented in the US and is simply lying dormant awaiting the Go Signal, under the program Operation Choke Point.”

      That is even why I mentioned it….I do not want to say anything else until I get the photocopy of the endorsed Money Order.

    • I QUIT using Money Orders…

      Had one hijacked in the mail, obvious alterations, no casher info on the back. MoneyGram was LESS than helpful… Multiple forms, FEES, notarizing months waiting I gave up. ;-(

      You think there is some protection and the “big company” standing up for  you? HAH!!!

      Buyer Beware!

    • @scoremore and Boswell.  Just a suggestion (and I am assuming both of you live in the US):

      (1) Always use USPS Postal Money orders if you choose not to send a personal check or cashier’s check for payment of anything important (especially PMs.)

      (2)  Also, when purchasing PMs: always use USPS registered or certified mail when dealing with bullion dealers, or anything else important for that matter.  That is standard protocol when buying/selling PMs I think.

      As for the account closures at Tavex Guld & Valuta, I am of the opinion that Sweden and the EU in general has gone bat-shite crazy in almost every way possible.  Nothing makes sense in Europe anymore.  Methinks that’s exactly the way the Satanist elite want it also.

      All the best,

      Inman

       

    • “Always use USPS Postal Money orders if you choose not to send a personal check or cashier’s check for payment of anything important (especially PMs.)”

       

      I would but they are too small in amount to be useful… $1,000 max in the US.  :-/

       

  3. Seems time for that “company” to open up a couple of UK branch offices, eh?…

    Send your money to our account in Belfast and we’ll mail you the PM’s just like before…

    It would seem that direct wire deposit complies with their cashless mode target…

    There is more here than meets the eye…stay tuned, eh?..

    (I can see Brian’s business booming this coming week too!… Leave it with him for a personal pick-up while on vacation, eh?…in a month or two…Not that far, over from Sweden…).

  4. Was cash banned in Sweden? This story actually showed in whatreallyhappened.com last night.

    Sweden has been under Zionist control for a while..just examine migrants from Africa and recent surge. One World Order so certain group can hide their identity (not Christians).

    Recall my previous cycle from 1992  2x 144 Fib months or 24 years 44% interest rate in 1992 in Sweden?

    Bilderburg is catching his last breath  July 1954 or Merckel or the Mad Turk also July 1954  Devil Cycle x 2 =62 years then we count 4 months  Robert McHugh agrees with me

    http://www.safehaven.com/article/41897/beware-whats-coming-to-europes-stock-markets

     

  5. I would say . Buy as mutch as possible. These things are always good in the long run.

    Herein europe jou kan ssell and buy on every streetcorner silver gold platinum. There are everyware sings that say we buy.

    Silverand pplatinumare iindustrial metals. So what low? what is  wrong about having a hobby ?

     

     

  6. OH MY!!! If this is true, it sounds like a Beta test, just like Cyprus was for the “Bail In”.

    If that is the case, sounds like we need to practice our “Happy Dance” 2 step.  Whoopie!! Yeppie-Skippie!!

    It may not be all fun, but it are gonna be interesting.

  7. Just ordered another 50 ASE’s…that’ll be about 600 oz total when my weekend orders arrive.  Hubby is going to shit bricks (if only they would be gold ones)  150 oz ordered in the past three days…no local coin shops here, dammit!  Hey CentralTexan, I’d love to know where you are and where you go for shiny, I am about 50 miles south of Houston…we visit Luling occasionally to see family and pick up some City Market bbq!  Maybe you could steer me to some places near here where I could go to buy in person…

    • @gallifreynine  You know there are a few shows around Houston every year, check out this site.  http://www.coinshows.com/texas.html

      Bellaire  8/6-7

      Beaumont 9/17

      Bellaire 10/8-9

      Groves 11/12

      And probably more if you go to one of these shows and ask around…pleanty of dealers in Houston.

      Love Luling btw…my family has some land in Kingsbury, a little further down I-10 towards San Antonio.

    • The doldrums are over.  The walls are closing in.  The long talked about endgame is rapidly approaching.  This should be some combination of exciting/ terrifying.

  8. @gailifreynine, Texas Coin Connection in Harker Heights, TX about 17 miles west of I-35 , West of Temple, TX. Vitek’ s Bar-B-Que 17th Street exit along I-35 in Waco.

    I am 175 miles from Houston, out in the countryside in Central Texas.

    Everyone have a great 4th of July. I give thanks everyday for the freedoms I enjoy.

    Stacking and always packing in Central Texas

  9. I’m not convinced with the conclusions of this article, it might just be a coincidental beneficial (for TBTB)  effect of another policy.  Just last month Standard Chartered Hong Kong closed down our Hong Kong based company’s account, they gave us one month’s notice in May with no reason or appeal, we have been with them for 12 years maintaining a healthy USD balance and as an engineering company there were no risks in terms of nefarious activity.  After some research this seems to be happening to SME companies all over the world but with no firm conclusions.  It could be a half-arsed de-risking policy or an active effort to get companies with certain profiles out of certain banks.

    Something is definitely off with all this but not enough information to piece it together yet.

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