[Jester] HELLO FELLOW AMERICANS AND FRIENDS... HOW IS EVERYONE TONIGHT?
[dldieter] Jester ..we are great. And you?
[Jester] dldieter I AM GOOD... BEEN WORKING HARD TODAY... HAVE TO KEEP THE HOME FRONT READY...
[Jester] WHEW... WHAT A WEEKEND... HOPE YOU ALL HAD A GOOD ONE...
[Hannah] Jester What have you been doing? Yes, I know that sounds nosey, lol
[Grunt0311] HELLO EVERYONE! I FIGURED SINCE JESTER'S IN I MIGHT AS WELL POP MY HEAD IN TOO.
[Jester] Hannah HMMMM... WAS GETTING SOME PREPARATIONS MADE... STUFF LIKE THAT...
....
Read More Link on Right
[dldieter] Jester ..we are great. And you?
[Jester] dldieter I AM GOOD... BEEN WORKING HARD TODAY... HAVE TO KEEP THE HOME FRONT READY...
[Jester] WHEW... WHAT A WEEKEND... HOPE YOU ALL HAD A GOOD ONE...
[Hannah] Jester What have you been doing? Yes, I know that sounds nosey, lol
[Grunt0311] HELLO EVERYONE! I FIGURED SINCE JESTER'S IN I MIGHT AS WELL POP MY HEAD IN TOO.
[Jester] Hannah HMMMM... WAS GETTING SOME PREPARATIONS MADE... STUFF LIKE THAT...
....
Read More Link on Right
[Hannah] Jester Yeah, me too, lol
[Betsy Ross] Jester preparations?
[Uni] MMMMMMMMMMMMM He's not telling LOL
[RoseRedTyler] Jester digging a hole in ground, burying your antique seeds for survival?
[Hannah] Uni LOL ... that's what I thought ... and yes, that's ok, right?
[peachestenn] Jester is it anything that we should also be making preparations on
[Jester] Uni MUNDANE STUFF... GOT ALL MY GAS CANS FILLED... ABOUT 100 GALLONS... GOT THE WELL PRIMED AND READY TO GO... THAT SORT OF THING...
[honeybelle] Well I am sure those that have the funds to be prepared will be blessed those that don't well what will we do to help imo
[texas77] Jester way to make me feel like a prepper loser
[Jester] texas77 YOU DON'T HAVE TO DO THAT MUCH... JUST A FEW THINGS TO MAKE SURE... I HOPE I AM JUST GOING OVERBOARD.... HAHAHAH....
[Hannah] Jester I believe in being prepared and do try to keep many needed items on hand when money allows. But, I am just wondering if you have a feel for timing ... when do you think our prep items would become necessary items?
[kristi] Jester: I thought gas gets unstable fairly quickly. How long do you plan on storing it? Or is that for your boat?
[Jester] kristi POO.... THEY MAKE STABILIZERS... AND IT IS GOOD IN A CAN FOR QUITE A WHILE...
[peachestenn] Jester So potentially what are we looking at, the govt shutdown or worse?
[Jester] peachestenn AS I HAVE SAID BEFORE... THERE IS AN EASY WAY AND A HARD WAY... THEY ARE STILL WORKING ON THE EASY WAY... I HOPE THEY CAN GET IT DONE...
[Truth] Jester we hope so too.
[peachestenn] Jester you have said just that all along Jester, I read your post from last night....OUTSTANDING info I appreciate you!!!
[texas77] Jester sounds like you and Zap are on the same page-ish.
[Jester] texas77 HE IS PREDICTING THE EASY WAY... WHICH I LIKE A LOT... SO LETS HOPE IT GOES THAT WAY... WOULD BE EASIER FOR EVERYONE...
[princessA] Jester what do you think about panama banks ?
[Jester] princessA I THINK THAT IS THE FIRST ROUND OF WHAT WE HAVE BEEN TALKING ABOUT... THEY MAY BE AHEAD OF THE CURVE IN MY OPINION... LET'S LOOK AT THAT A BIT...
[angelheart] Jester I live in SA have not cannot find that the banks in panama have been closed but was told the NY Times had an article about it. Scratching my head on this one.
[Grunt0311] texas1837 I'VE HAD AN ISSUE WITH O'S STATEMENTS IN THE PAST, AS WELL AS PEOPLE WHO HAVE MADE SIMILAR STATEMENTS TO THAT END.
[Grunt0311] TRY THIS ONE: http://www.oom2.com/t15125-warningbanking-holiday-in-panama-announced
[Jester] I GOT THIS OFF THE DAILY PAUL BUT I THOUGHT THE NYT WOULD BE MORE ACCURATE... APPARENTLY NOT... HAHHAHA...
http://www.dailypaul.com/300700/firsthand-update-on-panama-bank-holiday
[Jester] NOT SURE HOW PERTINENT IT IS... NO WARNING IN ADVANCE... THEIR DEBIT CARD SYSTEM IS OFF LINE... NO WIRE TRANSFERS...
[Jester] Grunt0311 I DID.. BUT I WOULD HAVE TO STOP AND READ IT... SO IT WOULD TAKE TO LONG...
[justbelieve7] Jester this is another one that is current http://news.goldseek.com/GoldSeek/1380224271.php
[Jester] I GUESS WE WILL NEED TO RELOAD ON THAT ONE... WE KNOW SOMETHING IS UP... AND SINCE WE KNOW THEY USE THE USD IT IS LIKELY IT HAS SOMETHING TO DO WITH THAT.... SO WE WILL CHECK IT OUT SOME MORE...
[peachestenn] Grunt0311 Panama uses only USD and with that being in short supply could further promote the desire of the brics to change USD dominance all over the world which will cause our currency to devalue
[Jester] THIS ARTICLE IS A LITTLE MORE IN DEPTH TOO... BUT LIKE I SAY.... I WAS LOOKING FOR MAINSTREAM MEDIA....
http://www.silverdoctors.com/breaking-panama-announces-5-day-bank-holiday-bail-in-imminent/
[Jester] I am active among the Gold and Silver investing community. We have been discussing at great length about the possibility of bank holidays in countries on the Dollar standard. Could Panama just be the first domino to fall in the banking system? Could this be more than just a system upgrade? Why not tell the people ahead of time to prepare for the closure of the banking system?
[Jester] What are some reasons for a bank holiday? The National Bank of Panama says it is a system upgrade, I don’t believe it is that simple. Maybe a Dollar revaluation could be coming soon. Maybe it is something more serious like a banking crisis like we had in Indonesia back in 1997 or more recently in Cyprus. I am hoping for the best and preparing for the worst.
[Jester] What are some things you can do to protect yourself if Panama is just the first signal of a pending banking crisis? First and foremost make sure to have some cash. Second buy the essentials for your family. Be frugal until the storm passes. I know this sounds simplistic, but those who are prepared will be fine.
[Jester] Do not be unprepared, you have it within your power to be ready for such a situation!
[Jester] ANYWAY... SAME RESULT.... DIFFERENT ARTICLE...
[Jester] DON'T GET ALL WEIRDED OUT.... BUT... IT MIGHT BE A GOOD IDEA TO HAVE A LITTLE CASH ON HAND IF YOU CATCH MY DRIFT....
[peachestenn] Jester I really like the idea that it could be the installation or implementation of a reset/revalue optimism
[farmer in the dell] Jester Just my opinion but can you imagine the panic if they told people ahead of time, their ponzi scheme would collapse ahead of time
[Jester] peachestenn WELL... I THINK YOU HAVE TO CONSIDER THE FACT THAT THE REVAL MIGHT NOT BE IN OUR FAVOR...
[justbelieve7] Jester Eagle 1 just posted this: On Friday, all banking institutions in Panama shut down for a four-day period in order to complete the changeover of software. That four-day period ends on Monday night at midnight, and Panama will be Basel III compliant in preparation for the GCR.
[BocaLinda] Jester I'm thinking crash first, RV after. But if it RVs first, Will that stave off a banking crash or crisis?
[Devo] Jester, Can you explain the " It might not be in our favor" comment
[Jester] justbelieve7 UPDATING SOFTWARE DOES NOT MAKE YOU BASEL III COMPLIANT... THAT TAKES GOLD AND RESOURCES...
[Jester] Devo COULD GO DOWN... WHICH IS LIKELY IN MY OPINION....
[Devo] Jester, if it goes down after RV, do we lose in an even bigger way?
[Jester] BUT YOU HAVE TO UNDERSTAND WHY I SAY THAT... THE FRN IS NOT GOLD OR RESOURCE BACKED... IN FACT IT CAN NOT EVEN BE SO EVEN IF THEY WANTED TO... THE FED IS THE SOURCE OF THE FRN AND THEY ARE NOT GOING TO GET ASSET BACKED... THEY ARE A CENTRAL BANK... NOT A COUNTRY...
[Jester] Devo THAT IS A POSSIBILITY... IF YOU ARE IN THE WRONG BANK AND SOMETHING LIKE THAT HAPPENS... THAT IS SOMETHING WE ARE AWARE OF AND WORRY ABOUT...
[hoot2602] Jester Jester Don't know if you have seen Eagle 1's post on Recaps. He says Panama is going back to the Balboa and they are installing the new software and that is the reason for the 4 day banking freeze in Panama.
[Jester] hoot2602 WELL THERE YA GO... THAT IS A GOOD THEORY.. BUT THERE AGAIN.... WHERE IS THE BASIS OF FACT FOR IT IN ANY NEWS THAT ANYONE CAN FIND?
[peachestenn] Jester if a currency does not revalue it devalues, if I have that right
[Jester] peachestenn REVALUE CAN GO EITHER WAY...
[BocaLinda] Jester if rv happens first and we get UST notes will we be safer if the banks then crash?
[Jester] BocaLinda UMMMM... IF A BANK CRASHES AND BECOMES INSOLVENT THAT WILL NOT MATTER...
[BocaLinda] That's what I feared. Thx
[Uni] Jester what would be the wrong bank, small or large - credit unions etc.
[jwsat] What about credit unions? Would they be a better option?
[BocaLinda] Jester you said for us to be prepared and have some money. If banks crash what good is that money?
[Jester] IF THIS GOES THE HARD WAY... BANKS FAILING AND ALL THAT... I DOUBT THE RV WILL HAPPEN AHEAD OF THAT... THAT IS PART OF THE PLAN FOR THAT SCENARIO... TO HOLD OFF THE RV... THAT IS WHY THINGS ARE IN LIMBO RIGHT NOW... WAITING TO FIGURE OUT WHICH WAY THINGS WILL GO....
[Jester] BocaLinda UMMM... ANY MONEY IN YOUR POCKET IS MONEY NOT IN THE BANK RIGHT? THAT IS PRETTY SIMPLE....
[Grunt0311] jwsat WE REALLY AREN'T SURE HOW CREDIT UNIONS WILL FAIR.
[Betsy Ross] Jester preparations?
[Uni] MMMMMMMMMMMMM He's not telling LOL
[RoseRedTyler] Jester digging a hole in ground, burying your antique seeds for survival?
[Hannah] Uni LOL ... that's what I thought ... and yes, that's ok, right?
[peachestenn] Jester is it anything that we should also be making preparations on
[Jester] Uni MUNDANE STUFF... GOT ALL MY GAS CANS FILLED... ABOUT 100 GALLONS... GOT THE WELL PRIMED AND READY TO GO... THAT SORT OF THING...
[honeybelle] Well I am sure those that have the funds to be prepared will be blessed those that don't well what will we do to help imo
[texas77] Jester way to make me feel like a prepper loser
[Jester] texas77 YOU DON'T HAVE TO DO THAT MUCH... JUST A FEW THINGS TO MAKE SURE... I HOPE I AM JUST GOING OVERBOARD.... HAHAHAH....
[Hannah] Jester I believe in being prepared and do try to keep many needed items on hand when money allows. But, I am just wondering if you have a feel for timing ... when do you think our prep items would become necessary items?
[kristi] Jester: I thought gas gets unstable fairly quickly. How long do you plan on storing it? Or is that for your boat?
[Jester] kristi POO.... THEY MAKE STABILIZERS... AND IT IS GOOD IN A CAN FOR QUITE A WHILE...
[peachestenn] Jester So potentially what are we looking at, the govt shutdown or worse?
[Jester] peachestenn AS I HAVE SAID BEFORE... THERE IS AN EASY WAY AND A HARD WAY... THEY ARE STILL WORKING ON THE EASY WAY... I HOPE THEY CAN GET IT DONE...
[Truth] Jester we hope so too.
[peachestenn] Jester you have said just that all along Jester, I read your post from last night....OUTSTANDING info I appreciate you!!!
[texas77] Jester sounds like you and Zap are on the same page-ish.
[Jester] texas77 HE IS PREDICTING THE EASY WAY... WHICH I LIKE A LOT... SO LETS HOPE IT GOES THAT WAY... WOULD BE EASIER FOR EVERYONE...
[princessA] Jester what do you think about panama banks ?
[Jester] princessA I THINK THAT IS THE FIRST ROUND OF WHAT WE HAVE BEEN TALKING ABOUT... THEY MAY BE AHEAD OF THE CURVE IN MY OPINION... LET'S LOOK AT THAT A BIT...
[angelheart] Jester I live in SA have not cannot find that the banks in panama have been closed but was told the NY Times had an article about it. Scratching my head on this one.
[Grunt0311] texas1837 I'VE HAD AN ISSUE WITH O'S STATEMENTS IN THE PAST, AS WELL AS PEOPLE WHO HAVE MADE SIMILAR STATEMENTS TO THAT END.
[Grunt0311] TRY THIS ONE: http://www.oom2.com/t15125-warningbanking-holiday-in-panama-announced
[Jester] I GOT THIS OFF THE DAILY PAUL BUT I THOUGHT THE NYT WOULD BE MORE ACCURATE... APPARENTLY NOT... HAHHAHA...
http://www.dailypaul.com/300700/firsthand-update-on-panama-bank-holiday
[Jester] NOT SURE HOW PERTINENT IT IS... NO WARNING IN ADVANCE... THEIR DEBIT CARD SYSTEM IS OFF LINE... NO WIRE TRANSFERS...
[Jester] Grunt0311 I DID.. BUT I WOULD HAVE TO STOP AND READ IT... SO IT WOULD TAKE TO LONG...
[justbelieve7] Jester this is another one that is current http://news.goldseek.com/GoldSeek/1380224271.php
[Jester] I GUESS WE WILL NEED TO RELOAD ON THAT ONE... WE KNOW SOMETHING IS UP... AND SINCE WE KNOW THEY USE THE USD IT IS LIKELY IT HAS SOMETHING TO DO WITH THAT.... SO WE WILL CHECK IT OUT SOME MORE...
[peachestenn] Grunt0311 Panama uses only USD and with that being in short supply could further promote the desire of the brics to change USD dominance all over the world which will cause our currency to devalue
[Jester] THIS ARTICLE IS A LITTLE MORE IN DEPTH TOO... BUT LIKE I SAY.... I WAS LOOKING FOR MAINSTREAM MEDIA....
http://www.silverdoctors.com/breaking-panama-announces-5-day-bank-holiday-bail-in-imminent/
[Jester] I am active among the Gold and Silver investing community. We have been discussing at great length about the possibility of bank holidays in countries on the Dollar standard. Could Panama just be the first domino to fall in the banking system? Could this be more than just a system upgrade? Why not tell the people ahead of time to prepare for the closure of the banking system?
[Jester] What are some reasons for a bank holiday? The National Bank of Panama says it is a system upgrade, I don’t believe it is that simple. Maybe a Dollar revaluation could be coming soon. Maybe it is something more serious like a banking crisis like we had in Indonesia back in 1997 or more recently in Cyprus. I am hoping for the best and preparing for the worst.
[Jester] What are some things you can do to protect yourself if Panama is just the first signal of a pending banking crisis? First and foremost make sure to have some cash. Second buy the essentials for your family. Be frugal until the storm passes. I know this sounds simplistic, but those who are prepared will be fine.
[Jester] Do not be unprepared, you have it within your power to be ready for such a situation!
[Jester] ANYWAY... SAME RESULT.... DIFFERENT ARTICLE...
[Jester] DON'T GET ALL WEIRDED OUT.... BUT... IT MIGHT BE A GOOD IDEA TO HAVE A LITTLE CASH ON HAND IF YOU CATCH MY DRIFT....
[peachestenn] Jester I really like the idea that it could be the installation or implementation of a reset/revalue optimism
[farmer in the dell] Jester Just my opinion but can you imagine the panic if they told people ahead of time, their ponzi scheme would collapse ahead of time
[Jester] peachestenn WELL... I THINK YOU HAVE TO CONSIDER THE FACT THAT THE REVAL MIGHT NOT BE IN OUR FAVOR...
[justbelieve7] Jester Eagle 1 just posted this: On Friday, all banking institutions in Panama shut down for a four-day period in order to complete the changeover of software. That four-day period ends on Monday night at midnight, and Panama will be Basel III compliant in preparation for the GCR.
[BocaLinda] Jester I'm thinking crash first, RV after. But if it RVs first, Will that stave off a banking crash or crisis?
[Devo] Jester, Can you explain the " It might not be in our favor" comment
[Jester] justbelieve7 UPDATING SOFTWARE DOES NOT MAKE YOU BASEL III COMPLIANT... THAT TAKES GOLD AND RESOURCES...
[Jester] Devo COULD GO DOWN... WHICH IS LIKELY IN MY OPINION....
[Devo] Jester, if it goes down after RV, do we lose in an even bigger way?
[Jester] BUT YOU HAVE TO UNDERSTAND WHY I SAY THAT... THE FRN IS NOT GOLD OR RESOURCE BACKED... IN FACT IT CAN NOT EVEN BE SO EVEN IF THEY WANTED TO... THE FED IS THE SOURCE OF THE FRN AND THEY ARE NOT GOING TO GET ASSET BACKED... THEY ARE A CENTRAL BANK... NOT A COUNTRY...
[Jester] Devo THAT IS A POSSIBILITY... IF YOU ARE IN THE WRONG BANK AND SOMETHING LIKE THAT HAPPENS... THAT IS SOMETHING WE ARE AWARE OF AND WORRY ABOUT...
[hoot2602] Jester Jester Don't know if you have seen Eagle 1's post on Recaps. He says Panama is going back to the Balboa and they are installing the new software and that is the reason for the 4 day banking freeze in Panama.
[Jester] hoot2602 WELL THERE YA GO... THAT IS A GOOD THEORY.. BUT THERE AGAIN.... WHERE IS THE BASIS OF FACT FOR IT IN ANY NEWS THAT ANYONE CAN FIND?
[peachestenn] Jester if a currency does not revalue it devalues, if I have that right
[Jester] peachestenn REVALUE CAN GO EITHER WAY...
[BocaLinda] Jester if rv happens first and we get UST notes will we be safer if the banks then crash?
[Jester] BocaLinda UMMMM... IF A BANK CRASHES AND BECOMES INSOLVENT THAT WILL NOT MATTER...
[BocaLinda] That's what I feared. Thx
[Uni] Jester what would be the wrong bank, small or large - credit unions etc.
[jwsat] What about credit unions? Would they be a better option?
[BocaLinda] Jester you said for us to be prepared and have some money. If banks crash what good is that money?
[Jester] IF THIS GOES THE HARD WAY... BANKS FAILING AND ALL THAT... I DOUBT THE RV WILL HAPPEN AHEAD OF THAT... THAT IS PART OF THE PLAN FOR THAT SCENARIO... TO HOLD OFF THE RV... THAT IS WHY THINGS ARE IN LIMBO RIGHT NOW... WAITING TO FIGURE OUT WHICH WAY THINGS WILL GO....
[Jester] BocaLinda UMMM... ANY MONEY IN YOUR POCKET IS MONEY NOT IN THE BANK RIGHT? THAT IS PRETTY SIMPLE....
[Grunt0311] jwsat WE REALLY AREN'T SURE HOW CREDIT UNIONS WILL FAIR.
via Dinar Recaps - Our Blog http://www.dinarrecaps.com/1/post/2013/09/jester-and-grunt-chat-at-jesters-place-sun-pm-part-1.html
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