The System is on Fire

 

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[ANNOUNCER]

The subject matter contained in this presentation is based on Biblical principles and designed to give you accurate and authoritative information with regard to the subject matter covered. It is provided with the understanding that neither the presenter nor the broadcaster is engaged to render legal, accounting, or other professional advice. Since your situation is fact-dependent, you may wish to additionally seek the services of an appropriately licensed legal, accounting, real estate, or investment professional.

[THEME MUSIC]

[NARRATOR]

“No one can serve two masters. He will either hate the one and love the other, or be devoted to one and despise the other. You cannot serve God and mammon. Therefore, I tell you, do not worry about your life– what you shall eat or drink– or about your body– what you will wear. Is not life more than food, and the body more than clothing?

“Look at the birds in the sky. They do not sow or reap. They gather nothing into barns, yet your Heavenly Father feeds them. Are not you more important than they? Can any of you, by worrying, add a single moment to your life span?

“Why are you anxious about clothes? Learn from the way the wildflowers grow. They do not work or spin. But I tell you that not even Solomon in all his splendor was clothed like one of them. If God so clothes the grass of the field, which grows today and is thrown into the oven tomorrow, will He not much more provide for you, oh you of little faith?

“So do not worry and say, what are we to eat? Or what shall we drink? Or what are we to wear? All these things the pagans seek. Your Heavenly Father knows that you need them all.

“But seek first the Kingdom of God and His righteousness, and all these things will be given you besides. Do not worry about tomorrow. Tomorrow will take care of itself. Sufficient for a day is its own evil.”

[THEME MUSIC]

[ANNOUNCER]

This is Mejanomics with a Friend of Medjugorje.

[FRIEND OF MEDJUGORJE]

In Luke 12:49 verse, Jesus says,

“I came to cast fire upon the earth, and would that it would be already kindled. Do you think that I have come to give peace on earth? No, I tell you, but rather division.”

Our Lady has come to the earth to do the same thing: for division, to separate, so that you shine glorifying God to those who are in darkness.

As you know, Our Lady said, in Medjugorje, to read Matthew every Thursday, what you just heard about, about money.

If you drop down from 49 to verse 54, Jesus said to the multitudes He was talking to,

“When you see a cloud rising in the west, you say at once, ‘A shower is coming.’ And so, it happens. And then you see the south wind blowing, and you say, ‘There will be a scorching heat.’ And it happens. You know how to interpret the appearance of earth and sky, but why do you not know how to interpret the present time?”

We have been telling you for years and years, all the way back to 2010, about the system. There has to be a division to get away from the system.

Everything is showing these days very rapidly. All the signs are there, there that the economy, the systems, the monies, the business, does not glorify God, and it is crumbling right now.

We’ve been telling you to get your money out of retirements, out of the stock markets. All the signs are there, but you’re going to brave the storm?

Banks are falling right now. They’re borrowing money from other banks! What kind of signs is that? All the depositors can’t be giving them their monies unless they borrow from another bank.

This is serious, people. You can’t delay anymore. You know the storm’s coming. You’re going to lose your retirement. You’re going to lose your money in the stock markets. It’s a no-brainer.

You think, “Well, I’ll just hold on for just a little longer.” That’s what they’re doing. They’re bailing out these banks.

The writing is on the wall. I don’t know what else to tell you.

We’re going to talk about Century Silver and about the banks and just what’s happened in the last three days. Because people are waking up, and they’re bailing out from the banks their money and taking it out of the system and putting it in their house.
 

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[CENTURY SILVER REPRESENTATIVE]

Just in the last three days, from March 13^th to today, the 16^th, people have exchange over $100,000 for the Miraculous Medal Medjugorje Round.

We know there’s a lot more money headed in our direction from people who are lining up their funds to exchange for the rounds. But the source of all this movement toward exchanging for physical silver has come from the banking failures that have happened over the course of about the last six-seven days, and I’m going to recap those for you in case you’re not familiar, but just to give you a context of what’s happening, but also to spur you to action.

So, everything started last Friday. You may have heard of Silicon Valley Bank. They’re the 18^th largest bank in the United States. They officially went bankrupt on Friday morning, March 10^th. So many people were rushing to the bank to get their money out, both businesses and individuals, that so much deposits were taken out that the bank went bankrupt. They had way too much money loaned out, and they simply didn’t have enough money to give people back their deposits.

[FRIEND OF MEDJUGORJE]

I want to interrupt you for a minute. Why were they pulling their money out?

Let me add to this question too. In eight hours, they pulled out $1.5 million every second.

Oh, that’s safe. Or, is that a crash? Is that what Jesus said? When you see the signs, you know a storm’s coming?

We’ve been talking about this for 12 years! Why take the risk?

Tell us, why was there a run on the bank?

[CENTURY SILVER REPRESENTATIVE]

Just to try and give a brief explanation on what happened with Silicon Valley Bank, they are a big lender in the tech industry.  They deal a lot of what’s called Venture Capital, firms that are willing to take on a higher risk.

They loan out their money, knowing that it is a little bit of a higher risk, with the intention of getting a higher reward.  So, they are willing to take a little more risk.  So, Silicon Valley Bank dealt with a lot of capital from these Venture Capital firms, making these loans to these higher risk institutions.

But the interest rate environment, with the Federal Reserve raising interest rates, has caused a lot of organizations to lose money on their bond holdings.  That was part of Silicon Valley Bank’s problem.

But they began to have a need for raising cash, because people were starting to pull money out the bank.  Because they needed so much cash, they had to sell off some of their bonds.

Silicon Valley Bank had bought these bonds when interests rates were low and because interest rates are now high, the way the math works on that is when they sell these bonds, they take a significant loss on them.

So, when they took a multi-billion dollar loss on the sale of these bonds, that indicated to the market, that okay, whoa, Silicon Valley Bank just took an enormous loss on the sale of their investment, that must mean they are in trouble.  And they needed cash so bad, that they were willing to take an enormous loss and that started the cascade of withdrawals from Silicon Valley Bank.

That is what precipitated this run, it was a true run on the bank.  People from investors to businesses to downright individuals were rushing to the bank to pull their money out.

Like you said, on Thursday, the day before they officially collapsed, Thursday, March 9^th, forty-two billion dollars left the bank.  Now again, if you figure 8 hours in a banking day, which we all know bankers don’t necessarily work a full 8 hours, but that equates out to about 1.5 million dollars per second was flying out of that bank.  That is a bank run, that is a legitimate bank run.

[FRIEND OF MEDJUGORJE]

But they want to give you faith and confidence in the banks, that is why these other banks are bailing them out.  They are scared for any other bank to go the same way.  So, it is not completely working.  There are more failures.

[CENTURY SILVER REPRESENTATIVE]

So, Silicon Valley Bank is just the first domino in the line of dominos that have started to fall.  They crashed on Friday.  On Sunday, another big New York bank, called Signature Bank, went bankrupt and the FDIC took over their assets.

So, you can bet there were a ton of big meetings happening on Saturday.  And actually, the Federal Reserve and the U.S.  Treasury Department issued a statement on Sunday.  They made a decision, basically, that they were going to make the depositors whole.

So, in theory, they are not bailing out the banks, but they were bailing out the depositors.  Silicon Valley Bank was like a $200 billion dollar bank.  I don’t have the Signature Bank offhand, but they are in the billions of dollars.

So, the U.S. Treasury Department, however they make the checkbook work, made these depositors whole and gave them their funds on Monday.  But the question is, where does that money come from?

They actually have a statement and part of their statement is this:  “As with the resolution of Silicon Valley Bank” (right now they are talking about Signature Bank.  They are talking about both these banks together).  So going back to their statement, “As with the resolution of Silicon Valley Bank, no loses will be borne by the taxpayer.”
 

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But how is that even possible?  The government is just going to make up money and put it back into these people’s accounts.  We are not really sure technically how it works.  But it is an outright lie that the taxpayers aren’t going to have to bare some kind of burden in this, maybe not through the form of direct taxes, but you can bet inflation or additional risk in the system.

Biden made some ridiculous statement on Sunday, I think it was, stating something like, you can rest assure that the banking system is safe and that your deposits are going to be there, you know, when you need them.  It is absorbed.  They are going to just keep on making money, however that works.

Signature Bank was domino two.  Domino three happened today.  First Republic Bank was going under fast.  So, this was actually prevented from falling but 4 or 5 big banks got together, JP Morgan, a couple of other big guys, and they gave First Republic Bank about $30 billion dollars to bail them out.

So, technically they didn’t go under, but we have banks bailing out banks, bailing out the bank’s loans, loaning them more money.  It is just ridiculous.

[FRIEND OF MEDJUGORJE]

You know, years ago, there was a theater where someone screamed fire and there was no fire. And people were killed, they stomped each other.  And it is now illegal to do something like that, you could be arrested.

You know, they tried to challenge that because it is freedom of speech, but it doesn’t give you the right to scream fire because it caused a panic.  So, the bail outs are silencing the stock markets, the banks and all of this is on fire.  And they are putting all this water on it so that everything will be okay.

But Jesus tells you, “When you see the South wind blowing, you say there will be a scorching heat and it happens.  You know how to interpret the appearance of the earth and sky, but why do you not know how to interpret the present time.”  It is clearer now than it has ever been.

[CENTURY SILVER REPRESENTATIVE]

There may not be a better way to describe it than to really say what you just said, the system is on fire right now. On Monday of this week there was like 22 banks in the stock market that trading in their shares was automatically halted because the share pricing was dropping so fast…

[FRIEND OF MEDJUGORJE]

Wait, wait, wait, wait. Back up. So, they’re freezing the stock markets. Why?

[CENTURY SILVER REPRESENTATIVE]

What they call this, they call it a volatility trading pause. So whenever the share price of a stock swings too wildly, it gets too volatile, the system initiates what they call a volatility trading pause. All these bank shares that got frozen, they were swinging down. Nobody was swinging up on Monday.

Just to give you one example: Western Alliance Bank Corp, they’re a huge bank in the U.S.  They went down 76 percent on Monday. Now it came back up and still down only 47 by the end of the day. But these are major banks. First Republic, who just went bankrupt, they were down 67 percent that day.  Here’s another one that people might know. Charles Schwab was down about 19 percent on Monday. That’s a huge swing in their share value.

[FRIEND OF MEDJUGORJE]

Well, whose money is it that’s in danger?

[CENTURY SILVER REPRESENTATIVE]

Well, I’ve never actually opened Charles Schwab’s books, but we know they handle a lot, a lot of investment accounts, into the billions, 401ks, IRAs. Those accounts are at risk, that may not be a bank deposit, so to speak, but that is your money and for many people, that is their entire life’s savings, that’s where your entire life’s labor output is being stored, is in a retirement account. You have got to get your money out of these banks.

Just to give you an example, too. People think that FDIC insurance, FDIC insurance covers bank depositors up to like two hundred and fifty thousand dollars if you have a bank account at a bank.

But what people don’t understand is the amount of money that’s stored in this FDIC fund is only enough, and this is by their own statutes, only enough to cover about, its less than 2 percent, I think its 1.35 percent of all deposits. That’s the cushion fund that they have. It wasn’t even enough money to cover the depositors in Silicon Valley bank by itself.

So, if you have multiple banks go down or a system wide event where all banks go down, there is no money to back that up. But, at the same time the government just did it, they just made it up but it begs the question: Where is this money coming from and what’s the consequence of that? Why does money even matter if they can just make it up? What does it matter?

But what we see is that the system is on fire, and what’s also on fire is people’s understanding of, hey, I’ve got to get out of this system, and then that fire begins to feed on itself because the more deposits that people pull out trying to get out of the system, the more those banks go down. But what are you going to do? Are you just going to say, oh, I don’t want to rock the system, I’ll leave my money in there. You’re foolish if you leave your money in the bank.
 

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Okay, so let’s talk about domino number #4, didn’t fall but was on the verge today. Credit Swiss Bank, they’re 167 years old. They are considered, I think they are like the 45^th largest bank in the whole world. They are considered, in the financial world they give it a set of initials, SIFI, “Systemically Important Financial Institution.”  Meaning, if Credit Swiss is in trouble, it’s a systemic problem, it is worldwide, and the collapse of Credit Swiss can have worldwide implications.

Credit Swiss has been troubled for a couple of years now, they’ve had major financial loses, some investments go really bad with some corruption and stuff like that. In the last 12 months they’ve lost, I think about 70% of their share price because investor confidence is down, and people are pulling money out fast. So, they’re kind of in the same situation.

They’ve got a liquidity crisis where depositors are pulling all their money out and they were on the cusp of going under, but apparently, today secured like a 50-billion-dollar loan from the Swiss National Bank.

So, again, it’s just nuts. Like these banks are loaning money to other banks because the money’s not there. So, what happens if there’s a run on the Swiss National Bank, or it was JP Morgan bailed out First Republic Bank today, they were part of the gig? What happens if there is a run-on JP Morgan? Whose bailing them out?

But a lot of people are asking the question, now, like okay, the government is apparently bailing everybody out, they gave money back to the depositors. What’s the thrust behind all this? Money is being funneled up, and debt is being funneled up into a smaller and smaller number of huge banks, but the government is becoming, quote unquote, the lender of last resort. They’re the backstop for all of this?

Where is this headed? What’s the next step. Is it the nationalization of the banks? Is it the Central Bank Digital Currency, “Oh, we have to do this because we’re going to save you; we’re going to protect you but we gotta go digital; we gotta go digital.”

[FRIEND OF MEDJUGORJE]

The bankers, the people in that, they’re going keep their money. They’re not going to lose it. They’re going to be the first ones to take things out. And I’d think they’re already doing that.

[CENTURY SILVER REPRESENTATIVE]

The Silicon Valley Bank executive reportedly sold a couple million dollars in his bank shares, you know, the week of the collapse. But just before they went under, him and couple of other execs cashed out on a bunch of their stock. The corruption is just sick. But you’re right. The bankers, themselves, aren’t losing.

[FRIEND OF MEDJUGORJE]

If you were a banker and you knew what was happening, would you not pull your money out? Of course, you would. They’re gonna do that. The only thing you can do and the best thing you can do is to take your money out of the system and put it in your hands.

You put a dollar bill on your right hand, and you put a silver round in your left hand. One is worthless. One is intrinsically valuable. It’s always been money. Our ministry is to Christians to get out of the godless system.

[CENTURY SILVER REPRESENTATIVE]

A Friend of Medjugorje was meeting with a couple of equipment dealers up in Amish country this week and we happen to be there with him to discuss with these guys the Miraculous Medal Medjugorje Round and the idea of silver, physical silver.

A Friend of Medjugorje was introducing this concept to him and we kind of thought that they would know something about it. But the gentleman that we were taking to was actually part of a big manufacturing family up there. They have a huge operation, you know, it’s probably a multi, multi-million dollar operation, really good people.

But he was deeply intrigued by the concept of physical silver, and it was as if they had never even thought of it, like he didn’t understand it. But what made me think of this is when you said, “put that silver round in your hand,” when he touched it and he felt it, he had the same reaction we see so many other people have like, “Whoa, this is what real money feels like.”

But what you need to understand too, is that the people who are listening to a Friend of Medjugorje and is heeding his words about physical silver, you are like the financial elite right now.

There is something like less than one percent of the American public owns any precious metals whatsoever. You are the cream of the cream ahead of the curve on this, and it’s not about being selfish, but you’ve gotta stay ahead of the curve and you’ve got to get your money out into physical silver before everybody else wakes up, before everybody else does it because at that point, prices will probably sky rocket and it could be months before production happens and you get the physical silver in your hands.

We would just like to close and let everybody know that we’ve taken about 200 orders in the last three days. Some of those orders were retirement accounts, some of those funds are coming from other sources, but were going to make ourselves available tomorrow, Friday, for extended hours and we’re going to do something that we rarely do, also, make ourselves available on Saturday.

We’ll have several people answering the phones on Saturday. We can’t buy silver on Saturday, but we can take your calls, we can get things lined up and will execute the silver purchase on Monday morning for your silver rounds. You can call us at 877-936-7686, that’s 877-936-07686.

We actually have some special pricing going on right now. You can visit us online at centurysilver.com but you can actually get better pricing if you call us. We’ve got reduced pricing if you call us. We’ve got reduced pricing for this period right now that we intend to last until the end of March. Century Silver is a For-Profit subsidiary of Caritas of Birmingham. It bares its own expenses and pays taxes on any earnings. If there are earnings left over at year end, it may make a dividend donation to Caritas to further its mission efforts.

[FRIEND OF MEDJUGORJE]

I would like to remind people, as far as your 401k’s, the other funds for your retirement, they will balk. We have heard many, many stories of resisting give your money back, even if you pay the taxes and the penalty. And you want to do that. At least you’ll have a part of your retirement. Tell all your friends, your family, people you work with. Share all this with them. There doesn’t have to be a loss except by not seeing the signs in front of you. Glorify what God has given to you and put it into His system. We wish you Our Lady. We love you. Goodnight.

[THEME MUSIC]

[ANNOUNCER]

This ends the Mejanomics broadcast with a Friend of Medjugorje. These broadcasts are available as CDs, which are sent directly to your doorstep on a monthly subscription. For information, contact Caritas in the U.S. at 205-672-2000.
 

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