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REQUEST THIS FREE GUIDE & LEARN:

How to secure your assets from banks and institutions 

How to protect your buying power from the weakening dollar

How to hedge against inflation and market volatility

Why Gold is the ultimate form of insurance








Request This FREE Guide And Learn:

How to secure your assets from banks and institutions 

How to protect your buying power from the weakening dollar

How to hedge against inflation and market volatility

Why Gold is the ultimate form of insurance






Is Your Bank Safe? 

You must understand the relationship you have with your bank in order to protect
your assets.

What is a "bail-in"? How can a "bail-in" affect your rights as a depositor?

A legal fact is that the money you have deposited into your bank is a loan you
have made to your bank, for which you earn interest. The bank takes your money
and loans it to others, and makes money based upon the differential in interest
rates as well as fees. If the bank is on shaky financial ground and your money
is sitting in bad loans, this ultimately becomes the problem of the creditor,
i.e. you, the individual. Shockingly, the percentage of the public that truly
understands this legal reality is still relatively insignificant.

So what is a "bail-in"? And how does it affect your rights as a depositor?

A "bail-in" is another form where banks and financial institutions are rescued
where the responsibility is transferred from taxpayers (in the case of a
bail-out) to depositors, which is you in this case. It was first introduced in
2010 via an executive bill signed by President Obama as a direct result of
"bailing out" the 2008 "Too Big To Fail" banks and financial institutions. 

In other words, "bail-in" will not add to the government's deficit and it will
allow banks and financial institutions at risk of failing to take some of your
deposits to bail themselves out. 

So will a "bail-in" likely happen? With our economy heading towards a possible
recession, inflation at an all-time high and the housing market in a bubble,
uncertainties are looming over the head of Americans. 

Will banks be able to willingly hold your money if another 2008 scenario crash
to take place? Well, in addition to what happened in the recent years in Canada,
Greece, Cyprus and Venezuela suggest that it's likely possible. In fact,
Lebanese banks have seized millions of accounts for the past two years where the
depositors are on a financial lockdown. 

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Allegiance Gold, LLC is not a broker-dealer and does not provide investment,
tax, or legal advisory services. No statement should be construed as a
recommendation to purchase or sell any security, or as investment, tax, or legal
advice. Precious metals, like all investments, carry risk, are not suitable for
all investors, and past performance does not guarantee future results. We do not
guarantee any investment performance. Please consult with your own investment,
tax, or legal advisor prior to making any investment decision. Third party
information quoted or presented herein represents only the opinions of the third
party and we do not endorse any third party source of information. We are not
affiliated with the U.S. Mint or any government agency.

©  2024 Copyright by Allegiance Gold. All rights reserved.

Is Your Bank Safe? 

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