Posts Tagged ‘ CAPITAL CONTROLS ’

Report from Greece: Limited Capital Controls Implemented

GREEK COMMUNIST FLAGS

  by John Galt June 12, 2012 17:50 ET   The reports of capital controls being implemented should Greece leave the Eurozone have been flying throughout the internet over the last twenty-four hours, leaving many to wonder if the European Union is about to descend into the status of a large latte sipping banana republic. Switzerland’s central bank (SCB) is already rumored to have a plan in place to freeze all incoming funds at their borders and penalize anyone attempting to convert deteriorating Euros into…

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Finally Bloomberg News realizes the threat of Capital Controls

AIRLINE TAKING OFF

by John Galt May 8, 2012 19:30 ET   Finally, some two years after Zero Hedge and these pages warned about the imposition of capital controls in the United States to prevent the flight of wealth out of our nation, Bloomberg News finally realizes that this de facto capital controls are already in effect. Bloomberg published the following story this afternoon about the dilemma FACTA created:   U.S. Millionaires Told Go Away as Tax Evasion Rule Looms   When I first published the following article…

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How Gold rises above $5000 per Ounce but is only Worth 500

GOLDBARS

by John Galt March 2, 2012 05:30 ET The world is on fire and guess what? Gold is under $2000 per ounce. Thus the banksters, powers that be, political elites, and so-called capitalists have been able to suppress the one real store of value to the point where ‘they’ can do guess what? Hoard. Steal. Tax. And Acquire. The question arises if gold must be kept under its inflation adjusted levels from the 1970 to 1981 explosion and bull run, why? Why not let it…

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De facto U.S. Capital Controls now Impacting American Investors

banned_us_flag

By John Galt December 15, 2011 – 22:30 ET On March 29, 2010, I published the following  commentary on the old version of this website: If you can leave the United States, I would suggest you GET OUT NOW This was tied Title V, section 1471 of the H.I.R.E. Act of 2010,Foreign Account Tax Compliance Act (FATCA), a vile piece of legislation laden with pork and a clause which many commentators like myself who trumpeted the warning that this was the initialization of capital controls…

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The Coming Collapse might be your Final Chance to Legally Buy Physical Gold this Decade

GOLDBARS

By John Galt December 14, 2011 – 07:15 ET The current European implosion is bringing about a probable once in a lifetime opportunity which sadly might just be the last chance this decade to buy physical gold before capital controls worldwide and within the U.S. make it difficult if not impossible. The history of economic strife and plans by world governments to impose massive restrictions on the flow of funds to prevent internal collapse make gold an attractive target for seizure as political failings along…

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The Largest Detention Camp in World History is Almost Complete

The Largest Detention Camp in World History is Almost Complete

  By John Galt April 26, 2011 In the world of talk radio, the internet, and various other media outlets there have been legends of FEMA camps under construction throughout the United States, stories about U.N. troops training to round up United States citizens, and concoctions which make for fascinating fiction but little if any fact to support the various stories. In reality each of these stories unfortunately carry a kernel of truth within them, a factoid which stimulates the imagination but fails to capitalize…

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If you can leave the United States, I would suggest you GET OUT NOW

AIRLINE TAKING OFF

by John Galt March 29, 2010 While I was out playing happy camper in the Everglades and checking on my ‘local’ BOL, some news snuck through the system but thankfully good old Tyler Durden at ZeroHedge.com has the scoop: It’s Official – America Now Enforces Capital Controls This is not something I say lightly after reviewing this information and reinforcing the commentary from the Rangel rule which restricted and penalized voluntary emigration and/or renunciation of one’s citizenship from the United States. If you can, even…

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