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Attention: [If you're a U.S. Citizen with 25k or more in the bank, IRA, or 401(k), please read carefully.]( The FDIC SRAC Team is starting to say the quiet part out loud about the US banking system! Disclaimer: This update comes directly from an FDIC public meeting and is accessible information to anyone. Below is selected verbiage transcribed from their meeting. We will send you the meeting in full when you [request our 2023 Information Kit.]( [1:25:19](: "But it [Info about Bail-in's] should be accessible, and people need to know. But I don't think you have much hope of reaching a public that doesn't have a professional need to know." [1:25:28](: "I completely agree that I almost think you'd scare the public if you put this out. Like, why are they telling me this? Should I be concerned about my bank? Like my insurance company doesn't tell me what they're doing with my assets. They just assume they're going to pay my claims, right? I think you've got to think of the unintended consequences of taking a public that has more full-faith and confidence in the banking system than people in this room do. We want them to have full-faith and confidence in the banking system. They know the FDIC insurance is there, you know it works, they put their money in, they get their money out. So there's a select crowd of people that are in the institutional side, and they want to understand this. They're going to find a way to understand, there is a bunch of law firms represented in this room. There's a bunch of people that'll charge 'em by the hour, a lot of money to explain this to 'em, and It's fine. I don't have a problem with that, and they all have huge staffs. But I would be careful about the unintended consequences of starting to blast too much of this out in the general public. [1:35:11](: "I wondered whether there are some market tests of whether you're being heard, and I think about TLAC [Total Loss-Absorbing Capacity]. So TLAC spread should respond to good and bad news about the institutions. And it's really important. I mean, it's a little bit conflicted, right? I mean, it's important that people understand they can be bailed in. But you don't want a huge run on the institution. But they, I mean, they're going to be, and it could be an early warning signal to the FDIC and the primary regulators when these things happen, and there may be some other crises. This is similar. But Jay was saying in the market that you can tell whether people understand how and who's going to be protected and who isn't going to be protected. It would be, I think, an interesting study to look at the evolution of market prices in a situation like March of 2020, for example, and see whether people understood what might happen." --------------------------------------------------------------- Our free guide will tell you exactly which steps you need to take right now to move your Money or a portion of your IRA or 401(k) into physical precious metals that YOU self-direct. With an overly concerned FDIC making bold public statements like the ones you'll see in the video, it is more important than ever that you become proactive in Protecting your wealth for you and your family. We're here to help. [Request Our 2023 Info Kit Now](
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