“In an apparent effort to front-run official government capital controls, JP Morgan Chase has issued letters to ALL Business account holders notifying them that as of Nov 17th, the bank will limit all cash transactions (including deposits, withdrawals, and ATM usage) to $50,000/month, and will ban all outgoing international bank wires!
Bank officials confirmed Wednesday that the new capital controls apply to all business account holders, the bank will stop processing any outgoing international bank wire, and that any monthly cash transactions in excess of the new $50,000 limit will be subject to penalties and fees for each dollar over the $50k cap”.
What does this mean to you?
If you are planning on moving some of your assets out of dodge, before you move your arses out of dodge, Now is the time to do it! In the offshore seminars over the last 2 years this rumor has being going around, with an increasing buzz leading to this now being a fact. Capital control will happen in the USA. Land of Freedom… no more! Considering JP Morgan Chase is a major player in the Banking sector, will this set the precedent that all the others will follow?
Will the short term future mean an end to all International Bank Wires from the USA, or to wire funds out of the USA will mean a myriad of forms and declarations you may not want to participate in? Maybe the only way is to pay the 30% withholding tax that should only be to non compliant banks, to make sure you pay your taxes over and over again!
We think this is the time to get off the fence and get going if you have any plans of doing anything out of the USA before the wall gets too high. Your Options…Tangible assets like rare, strategic metals or property? Move your funds into Offshore Banks? Foreign Currencies? We at SMI have in the last 6 months have seen a huge increase in the amount of people that want to convert from FIAT currencies into tangible assets offshore. This decree from a bank will for sure send this number sky high. When the tidal wave is moving, you better be out of the way, because it will be like draining a swimming pool through a hole the size of a quarter.
Please read the complete details below, on how you can use tangible assets such as strategic metals and precious metals to protect yourself, offshore, and to receive a copy of the actual bank letter. NB: Refer attached Client Letter from JP Morgan Chase.
First peoples Business Accounts…What is next Personal Accounts?
Investor, STOP and take action while you can as the writing is clearly on the wall…“Nov. 17th JP Morgan Chase will BAN International Bank Wires!”…Get your funds wired out of the US and do not procrastinate! In saying that international wire transfers are too much of a risk, Chase Bank might as well be bankrupt because it is telling you there is no money to withdraw. This is where the mega banks have wanted to take us all along – a total cashless society that destroys all privacy and allows them to fine and fee the general population into serfdom. This is clearly a major step towards capital controls as we saw with the Cyprus bail-in.
We are now receiving reports from business partners who we know well that they are being told by their banks that similar regulations to those adopted by Chase are coming within the next few months. Chase would not be implementing a business killing strategy like this unless all other major banks were also planning to follow suit. What we see is mega banks leading the way to set the precedent that all the others will follow.
Swissmetal Inc. assists investors to preserve their wealth and profit by physical ownership of sought-after rare, strategic metals, stored privately, anonymously in Offshore Vaults within the Duty Free Zones in Zurich, Switzerland and Panama Pacifico, Panama. This New Asset Class offers a New future for investors. Current global supply shortages will ensure demand will continue to grow strongly through the increase in the world’s population and the huge growth of up-and-coming countries such as Brazil, Russia, India and China over the next 3-5 years.
Swissmetal Inc., having studied recent reports from The British Geological Survey, the USDOE and the EU study on critical materials, understands that many of the rare and strategic specialty metals that are part of our asset protection program as a store of wealth against inflation and uncertain capital markets are in short supply now and in the future. Metals like Indium, Hafnium, Gallium, Rhenium and Tungsten have myriad world-wide important applications and are increasingly becoming more and more scarce due to a lack of forward planning to develop new production sites and a relatively finite supply regardless.
China, which has 40% of the world reserves performs most of the complicated refining of these metals and controls 97% of the refined, purest end product necessary for industry and manufacturing interests the world over. This amounts to a Chinese Monopoly over these metals, and they have been actively taking steps to raise the values of the metals they sell outside of their country (reduced exports coupled with price increases) and to secure most of the metals for their own strategic economic and military plans and goals.
In addition to the Chinese plans being implemented as we speak, it is a matter of fact that almost a billion souls are emerging from poverty and entering lower, middle and upper class in developing countries around the world, over the next 5 years, and these people are the world´s new consumers who are driving the unprecedented demand for these specialty metals.
As a small sampling of the metal applications, a world without these metals would be a world without cell phones, computer chips, iPods, LCD monitors and TVs, makeup, paint, surgical lasers, much of the clothing we wear, modern automobiles, and jet engines. National Geographic magazine in a 2011 article referred to them as “The secret ingredient in almost everything.” There is Indium in every flat screen and smart phone, every modern computer chip needs Hafnium, and the power supply of satellites is ensured with Gallium.
We are confident that the time is right to stockpile these rare and strategic specialty metals through SMI with the view to sell them back to Industry or Country when their values peak as current stockpiles outside of China dissipate completely because of the aforementioned monopolistic policies. The economic history of mankind has shown that the ownership of physical metals as a store of wealth is the best way to ensure your families secure financial future for generations to come. Flawed fiscal policies in developed countries around the world once again have people flocking to the safety and security of physical ownership of metals.
Swissmetal Inc. (SMI) and its trading partner Schweizerische Metallhandels AG (SMH) are currently the only companies worldwide providing “turnkey” rare strategic metal acquisition coupled with offshore, anonymous, allocated and segregated, fully insured, Duty Free, vault storage services in a form and at a price appropriate for individuals and institutions.
Investors sleep soundly at night knowing your assets are safe, secure and stored anonymously in Offshore Vaults within the Duty Free Zones in Zurich, Switzerland and Panama Pacifico, Panama. Prepare for your future today…Rare Strategic Metals are the Future!
For more information please visit www.swissmetal.net, email email@example.com, or call Toll Free, 1 855 854 4679.