These are some very important articles, I think we should all pay attention to this. It is very likely this will cross the pond and be at our doorstep soon. If you have the ability to remove your funds from the banking system and put it into silver or gold I would suggest you that do it now before the price goes through the roof, or the government takes 10% of what you have slaved for and saved, on top of what you have paid and will continue to pay in taxes. Just my opinion.

Below are several articles that indicate the collapse in imminent, read for yourself and please make an educated decision. 

Cyprus Parliament Delays Bailout Vote, Bank Holiday Extended to Tue...

In his interview with The Doc last week, Jim Willie stated that THE COLLAPSE IS ON OUR DOORSTEP! and made the case that the great financial reset will begin with a small trigger in Europe.
The Cypriot depositor haircut to bailout the Cypriot banking system is beginning to look like it could be just that trigger, as the situation has turned from bad to worse.

With the general public in an uproar, the ratification vote by the Cypriot Parliament on the depositor haircut/ daylight robbery has been delayed until 4pm local time Monday as the vote reportedly had lost sufficient support to pass!  Ahead of today’s scheduled vote, the plan was 9 votes short in a 56 seat legislature!
In response, Cypriot President Nicos Anastasiades threatened that if the depositor haircut is not passed, the entire Cypriot banking system will collapse, and former Central Bank President Afxentis Afxentiou claimed that if the bill is not passed, Cyprus opens the road to chaos, and that Cyprus will turn into Libya! [Read more...]

Jim Willie: The Collapse is At Our Doorstep!

*Editor note: Willie’s prediction that a European triggered complete collapse is at our doorstep is looking extremely timely with Europe staring a banking crisis in the face in the wake of the Cypriot depositor haircut announcement.

The Golden Jackass Jim Willie sat down with The Doc this weekend for the second part of an extraordinary interview regarding gold, silver, and what Willie believes will soon be a massive European banking collapse.

Willie states that a global financial collapse is now at our doorstep, and that the endgame will be triggered by a small-medium sized bank failure in Europe.

Willie informs SD readers that the coming European bust will ignite a global Gold rush as the only remaining safe haven, will see an end to the reserve status of the USdollar, and will result in the arrival of the Gold Trade Finance platforms. 

Willie also discusses The Fed’s futile attempts to re-inflate the housing bubble, and the series of climax events that will bring a breath-taking global financial collapse to our doorstep!

The Golden Jackass states that the coming collapse will devastate everyone in the West except those who are bold enough and brave enough to buy gold & silver NOW!

Jim Willie’s second part of an explosive, 2-part interview with The Doc is below:  [Read more...]

Depositor Haircuts to Be Cut from Cypriot Accounts by Tuesday Morni...

Apparently approval of the bank bailout by the Cypriot Parliament is unnecessary in the eyes of the IMF and the Eurozone finance minsters, as it has just been announced that funds will be cut from accounts prior to banks reopening Tuesday (or Wednesday), and that the cuts will be retroactive to the moment the deal was agreed to by the IMF (meaning the bailout funds will still be confiscated from citizens who were able to withdraw their funds via ATM over the weekend).

Considering that the IMF deal is currently short 33% of the votes needed for passage in the Cypriot Parliament, forcing a delay in the bailout vote until 4pm Monday, it appears that the banksters are ready to go ahead with their daylight robbery regardless of any actual approval by the Parliament! [Read more...]

Could The “Cyprus Fiasco” Occur In The United States?

The Tylers at ZH have released a MUST READ report on why the Cyprus bail-in depositor haircut fiasco that threatens to rock the entire Eurozone could in fact likely occur in the US as our debt crisis climaxes in the coming years.  Just as Cypriots are discovering this weekend, holding your wealth and assets in the banking system just one day too long can have devastating consequences as the rule of law disappears in the West.

Politics aside, the bottom line is that the Rubicon has been crossed, and deposits have now been forcefully confiscated in what Europe promises to be a standalone case. What is certain, is that nobody will wait to find out how long it takes before Europe’s class of increasingly more desperate and ill-meaning despots is found to be have lied once more (as it has about everything else since the start of the European crisis). And while the mainstream media will be focused primarily on Europe in the coming days, as BCG and we have warned, the topic of “wealth taxation” is now front and center, and it stars not only Europe, but the US as well.  The question then becomes: what does the funding structure of the US private depository institutions look like, and is there any possibility of Cyprus “wealth tax” recurring on the other side of the Atlantic? [Read more...]

All of the above articles come from the Silver Doctors web site at:  http://www.silverdoctors.com/