... With the MF Global debacle, including Gerard Celente's huge losses (and Celente is a sophisticated, experienced investor)...
... With the Sentinel ruling, and folks like Ann Barnhardt (who isn't unanimous amongst us fans of Ron Paul) saying nothing is safe anymore...
.... how many of you believe it is possible if not outright realistic, or even only a matter of time, before something major happens, such as:
1. nationalization of 401k and IRA accounts, which have always been private?
2. banks failing to the extent that all of our US Dollar-denominated checking, savings, money market savings, CDs accounts will be off-limits to us and that when they are returned to us, they'll be severely devalued (as it happened in Argentina in 2001)?
On other websites where people are like us here, including prepping/survivalist websites, the readers are so adamantly opposed to the system that many of them claim to have already cashed in their 401k and IRA accounts, paid penalties, and used the leftover money for gold, silver, firearms, ammunition, and other supplies. They also say they only keep a minimum constant balance in bank accounts (to pay bills, etc).
How many of you are doing what these preppers/survivalists have done?
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