Possible Catistrophic Summer Event LumingREPEAT after me - GQC is a precious metals and base metals BANK!
In the last 18 months thru certain Gold and Silver business' people in the US have been ablle to convert rolled over their 410k and IRAs into a gold and silver pension plan to a staggering tune of $750 M.....and that is just through one business........
IMHO - Huge financial economic collapse world wide possibly this summer - millions of layoffs - money will be frozen at many banks - panic ensues - you can see it already where large corporations are laying off and retail stores closing. US commercial real estate on its way to collapsing......what will follow
In Progress IMHO: Bank of America (Huge short position on Gold and Silver) is very close to collapsing as Gold and Silver go higher - loses $800,000,000 / day for each $ silver rises - not sure on the Gold shorts. If and when it does it will take many of banks with it. No access to your money or pay cheques because site will be removed from the internet - on line banking.
In Progress IMHO: On the Europeon side same thing is going to happen with "Deutsche Bank AG" who hold large shorts and dirivitive positions - it will take many banks as well - same scenario economic collapse - layoffs by the millions - no pay cheques. No access to your money or pay cheques because site will be removed from the internet - on line banking.
Then this: Panic will take hold as it never has or seen before, bank runs to ensue, crying, screaming etc etc etc.....
Do you own any physical Gold and Silver the real Money to protect your family and wealth if the above senarios take place. Better think this through for your own peace of mind...
GLTA