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Wells Fargo Denied Me The Use Of My Debit Card To Buy Multiple Quantities Of Gold

Wells Fargo Denied Me The Use Of My Debit Card To Buy Multiple Quantities Of Gold

About two weeks ago, I attempted to buy several quantities of gold with my Wells Fargo debit card. I was advised by the service provider that I was only allowed to make a single item purchase. I responded by saying that I had more than enough in my account to cover several pieces of gold.

Subsequently, I telephoned Wells Fargo and inquired as to the reason for the denial and they could not give me an explanation other than I wasn't allowed to use the card for more than $2,000.00.

The following day I visited my local Wells Fargo bank and asked to speak with the manager about the problem. The manager told me whenever there are too many transactions in one day, the system sends out a red flag, as there had been numerous cards that had been compromised.

I advised the manager that there was no logical reason to deny me, the customer additional purchases if there is sufficient funds in my account..

He then apologized for any inconvenience and promised to rectify the issue after I had threatened to close my account with them...




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Use Cash only

Debit cards trace your purchases, they know your hoarding gold

Many trees in Texas were used as makeshift gallows.

Many trees in Texas were used as makeshift gallows, some by legitimate courts and some by vigilantes. In Goliad, [Texas] a giant oak still stands on the courthouse lawn that served that grisly role for the local government. Called the Cart War Oak [1857] because of its use to execute a murderous band of robbers [By whom?], it still shades the lawn.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Wells & the Boyz would just as soon leave you 0% interest.

Leave you for.... Well, [Long pause] .... Let the buzzards circle.

Where can you safely get 572% interest? It may shock you to learn you are on the right trail. Don't stop at that god-forsaken money-pit!.... High tail it outta there!

Go here: Silver gains a whopping 572% last decade. Sept. 18, 2012.
Submitted by Mark Twain on Thu, 01/17/2013

LONDON(BullionStreet: Silver with a whopping 572% gain in the last decade remained the best performing commodity, according to Lloyds TSB Private Banking Commodities Monitor. ...

Gold: Gold up 428% for those "barbaric relic" curators.

Deadly Assumption #6: Gold Is a Barbarous Relic by Gary North

This assessment of gold's monetary role was made by the British economist, John Maynard Keynes ("canes"). He was referring to the gold standard. He was not referring to Rolex watches or jewelry.

Because a gold standard was always a government promise to pay gold on demand, there has been no gold standard. There has only been a government-guaranteed gold-plated standard. In every major war, banks have suspended gold redemption, meaning they broke contract with their depositors. Then the central bank stiffed the commercial banks by collecting all of "their" gold. The central banks wind up with the people's gold. All governments always allow this.

The barbarous relic died because of barbarous policies by commercial bankers, central bankers, politicians, and judges. The right of contract was abrogated retroactively.

Why? Because the gold standard restricted governments from borrowing bank money and spending it on war or anti-depression spending measures. Governments and bankers did not want the restriction imposed on them by the legal right of depositors to demand gold in exchange for deposits -- the promise that had persuaded them to turn in their gold in exchange for bank deposits.

What we need is a true gold standard that is the product of voluntary transactions. We need courts to enforce contracts. We need the predictability that contracts and courts [could] provide.

We do not have such a system today. People trust fractional reserve banking. They trust it with their lives...

But will we get a deflationary environment? We have not seen this since [ April 5, 1933: A day that will live in infamy! Gold illegal! Submitted by Mark Twain on Tue, 04/05/2011]...

The gold standard was a relic for sure because it was a government-guaranteed, government-enforced restriction on government. The traditional gold standard worked in peacetime. It never worked in wartime. 2013 http://www.GaryNorth.Com, 2013

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

emalvini's picture

Good Info Mark

Thanks for posting...

Write checks or pay cash for

Write checks or pay cash for bullion. Don't ever use debit/credit unless you are buying under $100 worth.

Southern Agrarian

something to think about

Don't use your debit card anywhere at anytime except at a trusted, secure, ATM.

Get a 2500+ credit card and use that for large purchases and pay it off immediately...

The main thing is, don't use your debit card. you cash, check or a credit card. credit cards are added security, you can always dispute a transaction on a credit card incase of theft, etc... you can on a debit too, but the debit is linked to an actual checking account so you lose physical dollars until the bank proves it was actually stolen.

I use Blue Wave, but don't expect one of THEIR silly taglines.

alternative

Primarily I use cash but if I want to use a payment card I prefer not to use a credit card since all the ones I have found are linked to the big corrupt banks like Chase/CitiBank/etc. Remember that these criminal organizations get several % of each transaction. It especially hurts the small business since the fewer the transactions the greater the fee.

So I opened up two accounts at my credit union. One is my main account and the other has limited funds. Generally less than a few hundred dollars. That will suffice for most of my day to day transactions where cash or checks is inconvenient (online transactions for example) and if I need to make a larger transaction I can easily transfer that money instantaneously between my accounts 24/7.

The fees to the business owner is far lower on debit cards so it's helping out the small business owners too!

USAA has great banking

USAA, best known for selling auto insurance to members of the military, offers banking to everyone. Money Magazine listed them as one the best banks when I opened my account years ago.

They refund ATM fees, link either savings or credit card to your checking account for overdraft protection.

Check them out: USAA.com

Credit Unions..... much

Credit Unions..... much better than those big assed banks. Find a local one.

yes get in a credit union

They are not overseen by the federal reserve! They have online banking, great loan rates, and are community oriented.

Not unusual but I'd still leave that Fed bank.

To the best of my knowledge the Federal Reserve has never publicly disclosed their "shareholders" but you can bet the list includes Wells Fargo, Goldman Sachs, Chase, B of A and Citigroup for the US, along with HSBC for Europe.

END THE FED!

Search "Money Trust"

The makings of the Fed in 1913 was known as the "Money Trust."

Dr Ron Paul speaks of Chairman Arsene P. Pujo, US Congressman.

Today, searching the Fed is a click away. Let us search: Arsene P. Pujo ~ http://fraser.stlouisfed.org/

Result:

Money Trust (Pujo Committee) Investigation
Bibliography. Banking Reform 1906-1912
Authors: Committee on the History of the Federal Reserve System
Special Collection: Brookings Institution: Papers from the Committee on the History of the Federal Reserve System - Date/Issue Title: 1956
http://fraser.stlouisfed.org/docs/historical/brookings/17611...

Money Trust Investigation: Investigation of Financial and ...
In 1912, a special subcommittee was convened by the Chairman of the House Banking and Currency Committee, Arsene P. Pujo. ...
http://fraser.stlouisfed.org/publication/?pid=80&tid=16

Money Trust Investigation: Investigation of Financial and ...
In 1912, a special subcommittee was convened by the Chairman of the House Banking and Currency Committee, Arsene P. Pujo. ...
http://fraser.stlouisfed.org/publication/?pid=80&tid=9

Money Trust Investigation: Investigation of Financial and ...
In 1912, a special subcommittee was convened by the Chairman of the House Banking and Currency Committee, Arsene P. Pujo. ...
http://fraser.stlouisfed.org/publication/?pid=80&tid=5

Money Trust Investigation: Investigation of Financial and ...
In 1912, a special subcommittee was convened by the Chairman of the House Banking and Currency Committee, Arsene P. Pujo. ...
http://fraser.stlouisfed.org/publication/?pid=80

Money Trust Investigation: Investigation of Financial and ...
In 1912, a special subcommittee was convened by the Chairman of the House Banking and Currency Committee, Arsene P. Pujo. ...
http://fraser.stlouisfed.org/publication/?pid=80&tid=0

Money Trust Investigation: Investigation of Financial and ...
In 1912, a special subcommittee was convened by the Chairman of the House Banking and Currency Committee, Arsene P. Pujo. ...
http://fraser.stlouisfed.org/publication/?pid=80&tid=40
_____________________________________________________________________

Look further. What happened in 1836? 1912? 1913? 1915? Trending now.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Thank you for the links

I didn't go through each one in detail but I understand the Fed's history and those banking interests behind its formation. Based on that and the Fed's historical favoritism of certain banks we can speculate on who the current owners of its twelve member banks are. However, I'm not aware of any recent (i.e. within the last twenty or so years) documented proof of who those institutions or individuals are. As far as I know that's a highly guarded secret.

If you know of such information and where to retrieve it I'd be very thankful.

Owners paid by Fed. US government has right to know.

The Depository Trust handles near $2 quadrillion annually for the Federal Reserve System (aka: The Fed). Certainly, large transfers of funds such as payment of National Debt & interest on National debt are reported somewhere... by someone... for someone... sometime. Willful ignorance is oft a excuse. Yet, it all comes out in the wash.

You youngens call it laundry? Laundering? ... Whatever you call it, each year, a tidal wave of liquidity washes ashore somewhere.

Another view: $1.66 Quadrillion Cash Flow Racket Run By Monopoly Boyz!
Submitted by Mark Twain on Sun, 04/08/2012.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

SteveMT's picture

Write a check instead.

It takes a bit longer to clear, not that's O.K., not a big deal.
Get a local bank, off the grid, not one of these TBTF banks.

emalvini's picture

Will Do!

Thanks for posting SteveMT

Why do you use Wells Fargo?

Lie down with dogs get up with fleas.

skippy

emalvini's picture

That's a good question!!

Welles Fargo has always treated me well..I don't pay a fee or anything for their services...The last time they tried, I threatened to close my accounts....They decided they needed my business, so they waived the fee..

I do some business with a great credit union not far from home..They handle several of my accounts..and are very friendly...

I Will use Wells Fargo for check writing ONLY..

se` habla CASH..

Oak Cart War & & the Hanging Tree. Texas justice, 1857.

    Well mannered, well dressed, a banker be.
    Steady steed, well trained, under hanging tree.

___________________________________________________________________
Cart War Oak

Historical Period: Early Statehood (1845-1861)
Historical Topic: County Courthouses, Mob Justice
Species: Live Oak (Quercus virginiana)
County: Goliad, Texas

Dec. 29, 1845, the Republic of Texas became the 28th state of the Union.

The treaty of Guadalupe Hidalgo in 1848 officially ended Texas' war with Mexico; however, isolated outbreaks of bitter racism between Mexicans and Texans continued for years.

One notable example of this animosity erupted into open strife in the vicinity of Goliad in 1857. Texan teamsters who had been hauling freight from the port at Indianola to San Antonio and other interior towns became increasingly bitter toward competing Mexican cartmen. The latter charged much lower rates and were driving the Texans out of business. [Meaning, 9 years after the US/Mexican Treaty, the new comer Americans were being driven back penniless.]

The Texans [new comers] began attacking the Mexican cartmen as they passed through Golaid with their loaded wagons [Extra credit: What did those wagons haul?]. In a short series of attacks, about 75 Mexicans were murdered, their carts destroyed, and their freight stolen. Authorities at Goliad remained indifferent to the criminal acts. Mexican cartmen began using a new route, one which by-passed Goliad twelve to fifteen miles to the east. Deprived of their easy source of revenue and noting the apathy of local citizens, the “cart-cutters” began robbing them.

The entire disgraceful situation had been brought to the attention of the Legislature. But it was an outraged local citizenry and “Judge Lynch” that ended the careers of the “cart-cutters.” Those guilty of crimes were speedily brought to trial.

A giant live oak was the site of the court sessions. Its huge horizontal limbs served as a ready-made gallows for the swift conduct of capital sentences passed by those early courts. A number of the cart-cutting outlaws alternately cursed and prayed as they left this world at the end of the hangman's knotted rope.

Its use as a "Hanging Tree" now over, the Cart War Oak continues to provide residents and visitors a spot of shade in which to rest and reminisce with friends.

The tree is located on the north side of the Goliad County Courthouse, in Goliad.

[Extra credit: Though not clear to folks at the time, who did the most robbing... the robbers? or the robber Barrons? And what did those cart haul?].

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Why not a wire transfer

Most metals brokers charge extra for credit/debit card transactions...
...but a "wire transfer" entails no such surcharge from the dealer.

In fact it's usually the preferred method....have you checked this method out?

"Beyond the blackened skyline, beyond the smoky rain, dreams never turned to ashes up until.........
...Everything CHANGED !!

Just sayin'

This is exactly a job for bitcoin:

http://www.youtube.com/watch?v=5CrOKDOyW-Y [Screw Banks Video]

You'll never be declined by coinabul.com or amagimetals.com...

emalvini's picture

I'll Lool Into That..

Thanks for posting rpcongress...

Ask your neighborhood credit union if they could do better.

Doesn't hurt to ask. I hope you will find advantages to using a credit union.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Use cash.

Dude. Nuff said.

It doesn't sound malicious.

This is common and doesn't have anything with the gold.

If your card is stolen or someone does fraudulent on your account, they take the hit. I was robbed a few years ago and $500 was taken out of my account. The bank refunded all of my money.

They are just protecting themselves and not out to get you (for buying gold at least.)