Post your comments and questions for April, 2015.

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21 Comments

  1. Hi Catherine:

    Just a couple of questions about GoldMoney, FATCHA, and recent changes. GoldMoney, though they have no US business presence, has decided to comply with FATCHA by requesting SSNs from all US customers and will be reporting each customer’s June 30 balance (measured in USD) to the US Department of Treasury. I have a few questions regarding possible futures. 1) At some point if there is a US-only or global wealth tax of 30%, for example, will my holdings in the City of London be compromised? Will Jersey Common Law protect me? Will I be better off in other jurisdictions — e.g., Gold Money storage vaults in Singapore, Hong Kong, Switzerland etc.? 2). If the US makes private ownership of precious metals illegal, will my continued holdings in the City of London or elsewhere outside of the US — but known to the IRS — make me a criminal? I feel that the US views me as its property — and that I am not as free as I would like to be. If you wish to touch on this in your next precious metals report with Franklin, that would be fine.

    I thank you in advance for your response,

    Derek

  3. Hi Catherine,
    Thank you for your financial light work! I am learning so much about empowering myself financially through your work.

    I have a question about a statement that Ben Fulford said in his weekly update this week. He said that on April 17, 2015 the US corporate government is officially but not admittedly bankrupt.

    http://hipknowsys.blogspot.com/2015/04/benjamin-fulford-april-20-2015-us.html

    From your view point, is this true, and what are the implications from your point of view?

    Thank you,
    Nora

    1. This is only possible if the US has secret debts denominated in assets or a currency other than dollars. All of the on balance sheet and off balance sheet that I know of are denominated in dollars. Since the US can print an infinite amount of dollars, there is no reason for a default.

      So again it depends on what is happening on the covert side, who is in charge and ultimately what they really want.

      Consequently, I don’t believe what Fulford is saying – it does not make sense when you look at what we know to be true.

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