haircut bail-inWe’ve warned that bankrupt governments will be eyeing the multi-trillions of dollars in “un-taxed” retirement funds when they get desperate enough.
Total funds currently held in private IRA and 401K accounts in the US are estimated to be in the neighborhood of $10 trillion.
As we dance on the brink of a massive collapse, the government’s already empty coffers will be even further decimated as the economy contracts massively and tax receipts plummet.
In that moment, rather than reducing expenditures and doing massive layoffs and closures of departments, like any regular business would do, politicians will nationalize retirement funds for the “good of the country”.



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Submitted by Jeff Berwick, The Dollar Vigilante:

It is an incredibly common occurrence.  It has happened in numerous countries in just recent memory.  Poland, Hungary and Bolivia are a few in the last years where retirement funds have been seized.

Total funds currently held in private IRA and 401K accounts in the US are estimated to be in the neighborhood of $10 trillion.  That number looks awfully enticing to the US government which is currently indebted to the tune of $19 trillion and holding liabilities of over $100 trillion.

As we dance on the brink of a massive collapse, the government’s already empty coffers will be even further decimated as the economy contracts massively and tax receipts plummet.

In that moment, rather than reducing expenditures and doing massive layoffs and closures of departments, like any regular business would do, politicians will nationalize retirement funds for the “good of the country”.

And we continue to see movements in that direction.

The SGT Report recently posted news from Paychex, a provider of payroll and benefits outsourcing solutions, that it is going to move all its clients’ IRA cash.  Move it where? From NON-government “Federated CASH Obligations” – ie. money market accounts – into “Federated Government Obligations.”

The recipient who notified SGT goes on to write, “Since my 401K money is invested in three different precious metals funds this announcement does not affect me, however it will impact many other unsuspecting would-be retirees who falsely believe that their money is ‘safe’ and ‘liquid’ in a money market account.”

He adds that this is the beginning of the government demanding that IRA account holders invest in government debt (Treasuries) and that he intends to remove his funds from the control of Paychex.

Of course if this becomes common practice in the US, there will be no place to go, not domestically anyway.   And chances are this is going to happen sooner or later.

Back in 2009, The Wall Street Journal posted an op-ed, “How to Fix 401(k)s.“ The post  describes a “radical structural change” for the 401K system.  It quoted Gene Steuerle, a vice president at the Peter G. Peterson Foundation as saying, “It’s time for a radical structural change.” That change would include “government… at least partly taking over sponsorship of these accounts.”

Perhaps this doesn’t sound realistic, but after 2008, Congress enacted laws that authorized the US government to freeze and seize citizen bank accounts in case of a banking crisis. This has come to be known as a “bail in.” This time around, when the inevitable crash comes, your taxpayer dollars won’t be used to bail out banks. Your retirement funds and DEPOSITS will be used. In Cyprus this sort of law has already been used. Bank depositors found up to 60% of their funds were removed.

Think it can’t happen in the US or Europe? It is happening as I write. Italian banks are on the precipice of nationwide default. Deutsche Bank in Germany is hanging on by its fingertips. The reverberations of Brexit are continuing to shake the European financial system. The contagion from a serious banking crisis can easily spread around the word. The entire banking system is connected these days along with central banks.

In June I sat down with TDV Offshore‘s Managing Director Paul Seymour for an interview. (You can see the video of this interview at the end of this article.) Paul was employed at mainstream financial shops but when he couldn’t stand it anymore, he quit and even renounced his American citizenship entirely.

His main point in our interview was that people living in the US should get themselves and their funds offshore while they can. Here’s how I explained it in the article we wrote at the time, HERE:

[Activities] include, most importantly, opening up offshore IRAS and corporate accounts that are difficult for the US to confiscate.  Paul believes that anyone who can get their IRA or 401K out of the US ought to do so as soon as possible. 

He is sure that once a financial crisis hits the US, the federal government will likely react by freezing and then reinvesting people’s retirement assets.

Instead of stocks and bonds and other asset classes, Paul believes public assets will be dumped into Treasuries yielding little or no interest… or even worse, negative interest where you pay the US government to loan them money for their War of Terror. This is a no-brainer.

Paul pointed out he was puzzled why more Americans didn’t take advantage of the time they had left to create financial and lifestyle alternatives overseas.

One can see the globalists putting finishing touches on their plans to create an international empire. Brexit was likely no accident and neither is the instability we now face from increased warfare and economic collapse.

I often write about Jubilee 2016, because this is a critical time period. What is necessary now is for a “trigger” that will cause the collapse necessary to demand a more globalized regime. That trigger – and the resultant chaos – will be extremely and painfully destructive. If you and your family are not prepared, the consequences will be devastating.

As I’ve explained many times, I believe that October, the end of this Jubilee Year, will begin the final, savage chapter. The exact timing isn’t clear but at the very least, the traps have been set and the explosions have been readied. The blasts can come at any time, tearing down the world’s financial system and creating chaos and civic paralysis.

Paul can be very helpful to those who want to take advantage of powerful tools that can counteract this impending disaster. For instance, he can create offshore, tax-deferred accounts that can be reinvested in tax-deferred investment vehicles. His email address is [email protected] and if you haven’t prepared for what’s coming I’d urge you to use it as soon as possible.

Paul knows about offshore investing and resources, but for up-to-the-minute information about the critical events of the second half of 2016, I’d suggest you subscribe to our TDV newsletter. Thousands have subscribed over the past months because of our Jubilee 2016 analysis which has shown us clearly what the elites have in mind.  Our investment approach, based on our Jubilee analysis, has more than doubled the value of the TDV portfolio and provided subscribers the opportunity for considerable profit.  (Subscribe here.)

If you have a significant amount of money in an IRA or 401k, or know anyone who does, I urge you to watch my interview with Paul Seymour here:

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Jeff BerwickAnarcho-Capitalist.  Libertarian.  Freedom fighter against mankind’s two biggest enemies, the State and the Central Banks.  Jeff Berwick is the founder of The Dollar Vigilante and host of the popular video podcast, Anarchast.  Jeff is a prominent speaker at many of the world’s freedom, investment and gold conferences including his own, the world’s largest anarcho-capitalist conference, Anarchapulco, as well as regularly in the media including CNBC, CNN and Fox Business.

  1. Self, I ask myself, Why would the corrupt US government(Obama, Bankster’s, IRS) steal 10 Trillion dollars from law abiding citizens accounts. Because they are freaking broke rolling up 10 Trillion dollars in  debt in 7 and 1/ 2 years. Hell, I thought my ex wife was expensive, but this money grabbing whore tops the cake. Let them eat cake!

    Stacking the cold cash, pms and packing the heat

    • “Let them eat cake!”

      No, let them eat pies… cow pies.  😉

      And that $10T number is MUCH lower than what I have read from multiple sources.  All of them claim that this figure is in the $20-25T range, which REALLY looks good to the thieves in gubermint.  These incompetents likely see this as the solution for ALL of their financial worries, never considering that: 1) no amount of money can possibly satisfy insatiable spenders for long; and 2) the real problem they face is not money but their inability to handle it and manage it.  That will remain regardless of the amounts they steal and spend.


  2. I would more than love to send the Federal Reserve it’s beyond worthless cash fiat digital fiat anything other than metal’s back to them where they can stick it where the sun does not shine!!!

    That is the reward for being beyond degenerate and I will go back to barter and trading and other trading needed to survive!!!

    So banker’s take it all and when American’s cannot function then and only then will you win the Prodigal award for superdegenerate’s of known existence!!!!

    You had a choice to do the right thing and you chose wrong!!!!


    • Their concept of right and wrong is likely to change as they watch their fellow bankers hanged in the public square for such misdeeds.

      But to REALLY hurt the bankers, all one need do is confiscate ALL of their wealth and return it to those from whom it was stolen and then put the bankers to work doing hard physical labor for the rest of their miserable lives.  This would be the perfect training example for the next generations of bankers.

  3. “Jubilee year”?  Sorry, Charley.  The Biblical Jubilee year ONLY applies to the children of Israel (all 12 tribes) WHEN they are LEGITIMATELY residing in ALL OF the Promised Land, and not the present 15% or so which comprises the present 100% SECULAR state called “Israel”.
    “The Jews” were EXPELLED from the Promised Land in 70 AD FOR CAUSE (their rejection of Yeshua of Nazareth, the Messiah, The Son of God – Matthew 26:63), and they neither HAVE YET repented as a people for that sin, NOR WILL they until Messiah’s prophesied return, at the END of the seven years of the Tribulation, which has not even started yet.
    Also, today’s rabbinic calendar is a mathematically CALCULATED calendar which does NOT link the start of each new year with the ripeness of the barley in Jerusalem (aviv) as is required by YHVH Elohim, the God of the Hebrew Tanakh (“Old Testament”).
    So even if the true chronological sequence of all of the years between the expulsion of the Jews from the Promised Land in 70 AD until today could be determined (and it cannot), it would still have ZERO true prophetic validity, simply because “the Jews” have NO RIGHT to be there, according to the scriptures, as many ORTHODOX Jews themselves readily admit (
    Additional details available at


  4. I don’t know about anyone else, but I personally am getting tired of hearing predictions based on “Jewbillie” or “Shitmeter” …can we stick with the real issues, like the failure of debt based fiat paper based on historical precedent? Really, this dogmatic clap trap is insane. Only a fool would base their predictions on religious psychobabble, or for that matter, on Clif High’s web bot bulls**t or Blo Pony’s lunacy.


    • The question is … Who is  “Wahu” Fuchs ( fox) who told Jonathan Cahn he was   ” the one”  understanding he also wrote him a check  for $150.000 which Jonathan apparently used to purchase  his ministries first building …  you see there is a lot to this when one starts to understand the modus operandi of the Jesuits who also control the banks in reference to your “historical precedent”  and how this ties in with worldly scriptural  theology  … understanding that tptb have control of all the churches and clergy  and therefore Christian  perception of what the scriptures portray with regard to future prophecy … which is of course all nonsense seeing Jesus fulfilled all of the prophecy’s  and did away with religion … but none the less tptb use the bible in many different ways to achieve their goals ………..





    • Dude,

      If you are tired, stop reading. But on the point. Whatever you call it – it doesn’t really matter. What matters is the elite collects “honey” like a bee keeper every 7-8 years from the dorks who do not get how it works. This time around they are going to still it all and kill the “bees”. Whether you are tired of reading about it or not, they don’t give a sh$t, this is the plan and so far I have not seem anyone to stop it. Not even Trump is going to help the situation. Even if he is good guy with good intentions, he does not control finances neither in the States, nor in the World. If he is good guy and got elected, his first month in the Oval office he is going to deal with Venezuela type of events, and at the end he is going to be hung by the mad heard on the nearest lamp pole.

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