Protect your wealth now!

Protect your wealth now!

By a 526 to 86 vote, the EU have passed a regulation that will require an EU country to accept a bailout, if offered. With the Cyprus bailout, a condition was that savers pay a tax on deposits. Who is next? Spain? Ireland? Greece? Let’s be quite clear; the European Union has confiscated the private property of the citizens in Cyprus without debate, legislation or Parliamentary agreement. Pay attention please. The EU, the ECB and the IMF have just advocated the confiscation of private property for their own indulgence.

Will capital controls be introduced by national governments? Bear in mind that the original  proposal for Cyprus was a 40% “haircut” compared to the 6.75% – 9.9% implemented.

Savers and asset owners, more than ever, need to protect their assets NOW.

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