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Getting Prepared for a "Holiday"

The writing is on the wall. I would like to brainstorm for a few minutes. If there were to be a" bank holiday" in September what would in entail. How could one prepare besides having cash on hand? Would all transactions cease?



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Here is part of what Jim Willie said:

SHOCKS, STRESSES, BREAKDOWNS, PLANS

Back to reality on US soil. Many reports have come to the effect that at the end of August, a financial breakdown is due, and a shutdown of US banks is planned. We await the trigger events with mystery and intrigue as overtones. Some on Wall Street, arrogant to the end, believe that widespread awareness prevents the actual unfolding of events. They are suffering from a terminal disease though, as they believe they are in control. They are not. The USGovt creditors are in control. The August Hat Trick Letter reports have identified five major factors pointing to a severely stressful period of time at the end of August and into September......more at link.

http://www.kitco.com/ind/willie/aug132009.html

beesting

September 17th, Constitutional holiday.

Keep cash on hand and never use credit, it's why and how banker's get rich.
The government gave the banks billions of dollars to lend out. The media and government are telling us that the depression is over and that we can now go back to borrowing beyond our means and spend, spend, spend.
However where I live and from who I talk to they are not going to be going down this road again.
Sure, we need to spend, but we need to spend wisely. And when at all possible, barter and trade, no need to use paper money when we can trade wealth directly whenever possible.
As for a banking holiday. Prefer to keep my wealth elsewhere and not in a bank.

grant

here is some more info on

here is some more info on the bank holiday.. take it for what it is worth.. better to be prepaired then sorry...

I hope it's OK to repost something that I already put under the Intel category, but I think it is very important,since the original source is one of only 3 or 4 men in the world in international banking who officially is qualified to do what he does. Here's my latest post from his info:

Well, I asked my international banking friend if he has heard any more since the info in my first posts. Please read his response in the context that I have been warning him of things like this for years and he's chided me for being a negative fear monger throughout. So, although only time will confirm its accuracy, the following has not ever been his opinion before, but is based on his recent active pursuit of facts from both his CIA and banking sources.

Janice

Be prepared for the disaster set into motion; for, the following is what has been received from within the monetary system, by reliable sources, i.e.:

Potus will inform his wealthy elite cronies of everything to happen with the banks, and to get all money out; for, by the end of the year,
all banks will have been completely depleted. Tony Blair, and/or the current P.M., Brown of the U.K., will be put in charge of world banking.
God help us all, that poor bloke doesn't know his front from his back.

For us who are not elite cronies, what is recommended is, take all money out of the bank as soon as possible, but in small increments at a
time. For example, such as amounts of $2,675; $3,500; $4,750; $5,200...but nothing over $10K at one time. Do it once or twice a week
per the advice given. And, don't put any money back into a bank account, e.g., from CDs that have matured.

Stock up on food and water for at least 6 months, as well as paperware for the kitchen and bathrooms, and whatever other miscellaneous items,
in re cleaning articles for laundry, etc. Have several months of medication on hand.

Of course, as we have already learned, potus will not take blame for anything, the blame for these disasters will be put elsewhere, or on someone else.

All the information received from another source, regarding the new currency and the lowering ratio percentages of 1-6 or 1-12; the regional
closing down of banks a week at the time throughout; and the potus replacement occurrence in early january, all of it has been confirmed to
take place. The process is ready to start shortly.

For anyone who do believe all of this happening, the best thing is, start preparing now, to at least be able to feed your household.

May God have mercy on us all!

A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.

The federal government and the federal reserve bank

may be pure evil, but they are not completely stupid.

A bank holiday would be an absolute last resort during a bank run. It is not something that would come out of the blue for some other reason.

Banks can get in trouble for two reasons: lack of liquidity and insolvency.

Last fall, the fed solved the liquidity problem for banks by loaning them reserves. If you look at the adjusted monetary base, it was doubled in just a few short months beginning last September. Banks are awash in liquidity.

The federal government also covered up the insolvency problem by both injecting new capital into some banks with the federal government taking an equity position, and also by strong arming the accounting profession to change the rules and allow banks to lie about the value of their assets so that on paper they looked solvent. They are managing the worst banks out of business as you can see if you keep track of which banks are closed each Friday.

The economy seems to be in a plateau right now, awaiting the next wave of contraction. Were a bank holiday declared, it would create a gargantuan contraction wave that would double unemployment overnight and wipe out a huge number of businesses. They are not about to take such a drastic step out of the blue. It would only come during a panic, not during a lull in the long economic down wave.

This talk of a September bank holiday is probably one of the most outlandish bits of paranoia floating around the internet. Yes a bank holiday may ultimately come, but before it does you will see long lines of depositors at banks trying to exchange their checking accounts and saving accounts balances for federal reserve notes. And you certainly would see the price of gold and silver jumping ahead by huge amounts in advance of such an action, but right now the price of gold and silver, while recovering from the losses of last year, certainly are not in a runaway mode.

Even in the depression of the 1930's a bank holiday was not necessary until the legitimate rumor that Roosevelt was going to confiscate gold started making the rounds, and people went to their banks in large numbers to get their gold.

"Bend over and grab your ankles" should be etched in stone at the entrance to every government building and every government office.

Agreed. I'm not afraid of a

Agreed. I'm not afraid of a bank holiday. That'll just make Ron Paul, Peter Schiff and other liberty candidates that much bolder in their calls for freedom.

Agreed. Fear is overrated .

I like to stay ahead of things and at least have an idea of whats possible.

"Its easier to fool people than to convince them that they have been fooled."
Mark Twain

Why would they ever enact a

Why would they ever enact a bank holiday? They can just print up all the money to cover whatever losses banks might incur and tax it out of us and our kids down the line.

because they have done it so

because they have done it so much already it is worthless...

A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.

Would checks clear during a bank holiday?

Or is all activity suspended?

Sorry, it's my first bank holiday....

I may not know the truth, but I know when I'm being lied to...

I may not know the truth, but I know when I'm being lied to...

Last~

I had those questions also. Although I believe in hoping for the best I see where alot of history is getting repeated. I just like to stay ahead of things.

"Its easier to fool people than to convince them that they have been fooled."
Mark Twain

Here is an a link that I found very educational.

This link leads to long audio discussions taken from multiple telephone hookups. If you find this useful, please pass it on.

http://www.talkshoe.com/talkshoe/web/talkCast.jsp?masterId=3...

The latest 2 hour chat is episode 35. The New Hampshire proposed Goldmoney bill, is discussed in detail by Edwin Vieira.

http://www.goldmoneybill.org/

beesting

There was a thread posted on

There was a thread posted on DP over a year ago about somebody's experience during Argentina's bank holiday / collapse 8 years ago. Had lots of suggestions, etc. Maybe someone has the link bookmarked and can share it with us.

...

This might

Be very helpful .

"Its easier to fool people than to convince them that they have been fooled."
Mark Twain

I think people

will be in shock a couple of days and so it will be calm. They may even continue to go to work. After they realize there will be no paycheck or getting money from the bank to buy food etc. I suspect people will start getting nervous and hitting up friends and family for money and food. So everyone will be sitting on you door step like cats looking for some bread.
Do you know what to say because I don't? Would they listen if we told them what is happening are would they turn us in? There is a lot to this besides getting provisions. I think the most difficult part will be mental preparedness. celeste I sent your quillow I rushed it because I was afraid of just this happening. Good luck

"We can see with our eyes, hear with our ears and feel with our touch, but we understand with our hearts."

Quilting~

You are so right. I know we will be prepared but it will be everyone else that will be the concern. When we had the ice storm here we ended up giving alot of our provisions to others. I was glad we were in a position to do so but it was something to learn from.

Regarding the quillow, I really am at a loss for words. I will treasure it always knowing it came from one of the great patriots of this site. I did not want you to be out the expense of shipping it. All I can say is ...thank you, God bless you and yours.

"Its easier to fool people than to convince them that they have been fooled."
Mark Twain

I came across this short video clip

about a bank holiday.. on 26th August??

http://www.youtube.com/watch?v=sUX4-H0W1ME

Celeste, Have you been

Celeste,
Have you been following the web bots? they are predicting 800.00 silver a year from this coming thanksgiving...

A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.

If it happens

I will be thinking of you ! Is there a specific site you go to ?

"Its easier to fool people than to convince them that they have been fooled."
Mark Twain

Celeste... go to

Celeste... go to www.stevequayle.com he has an article or 2 about a coming bank holiday.. What I have heard is that they are going to switch over to the Amero.. they will close a certain region of banks for about 1 week.. so who knows.. supposidly they are going to give 1 amero for 6 us dollars.. I would take any extra cash and buy as much silver and gold as you think you will need.. get your food supply up, since were heading into winter a few cords of hard firewood, fuel etc.. like what odell said.. who knows what those geniuses in DC are going to do.. then again it may be all talk.. always good to be prepared.. Sierra

A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.

Thanks, bad_karma...

I like that site...Will start going to it frequently.

Thanks alot

Its so good to hear from you. You have been missed !!!

"Its easier to fool people than to convince them that they have been fooled."
Mark Twain

thanks...I have been working

thanks...I have been working 14 hour days almost 7 days a week for 8 weeks now. we had some massive hail storms in denver so I have been busy estimating.. the last time i had a weekend or sunday off was the 4th of july.. by Christmas, I should be sitting pretty good.. going to go buy more silver.. I'm hoping we get a decline in silver! lol.. can you believe I said that!

A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.

No, I can't !

I wish you well and check in when you can !

"Its easier to fool people than to convince them that they have been fooled."
Mark Twain

Food, water, cash, heat, cool, batteries, gas, diesel, etc.

When that happens, trucks won't be running ether more than likely. So you need to have "stuff" on hand and a way to defend it.

"What was taken from the boomers, it ain't there, what was taken from the X'ers it ain't there, what is being taken from their great, great, great squared grandchildren it ain't there. Some generation just has to have the guts to quit passing it on." Me

*May the only ones to touch your junk, be the ones you want to touch your junk.*