Strange sounding as it may be, the safest banks to put your life savings in are the banks in Hong Kong and Chinese banks. Long gone were the American or western banks when they can simply seize your deposits for the slightest or silliest excuse, and lo behold, your money is gone. All the fake pretences that the West is a safe place for your hard earned money, starting from the days of putting your nation's gold in Fort Knox, USA is history. Now that they are broke, they have all turned to become robbers and committing daylight robbery. Even Switzerland is no exception.
Singapore is also a good choice as a safe haven to keep your millions and billions. The only fear is that Singapore is too close to the Americans and may become like Switzerland if forced by the Americans with the 'you are with us or against us' clique. Would Singapore capitulate if the Americans demand to confiscate the savings of people and country's money in Singapore banks just like Switzerland did? Big question.
Who would believe that the American banks and western banks are now rogue banks, the most untrustworthy and most dangerous place to put your savings? Yes, they are the rogue banks. But they would still peddle the narrative that China's banks are dangerous because of their political system, and that they did not confiscate your money now, they would do so one day in the future. Just like the narrative that China has not invaded any country but would do so tomorrow or in the future when everyone is dead and gone.
Do you believe in what is happening now or fear the ghost of the future? What is real and what is unreal? What is truth and what is lie?
The proof is where the money is flowing now. Those who have money in American and western banks are marching with their feet, go east, to Hong Kong and Singapore. Both are big winners in this migration of fund. The bank run on USA is starting. The exodus of money for safe havens is unstoppable. No amount of propaganda and lies can stop the owners of wealth to know where is safe to park their money.
In the same way, the big banks in the West, in the USA, are also switching from American dollars to gold. No amount of fake persuasion can change their move for safety. The greenback is now a highly fragile and unreliable instrument to store wealth.
Well done America, for destroying your credibility as honest, dependable and reliable patrons to protect wealth under your safe keeping. You are history.
24 comments:
Of course sinkiesland will do as told by it master..otherwise all military equipment parked in ang mo land will be gone..as well as our talented millionaire ministar $$ parked there.
For several decades they dared not and refused to audit the gold in Fort Knox knowing very well that most were already stolen.
Virgo49
Been hearing about this for at least 10 years now.
Btw, HSBC is a Brit bank HQ in UK. It is not a HK bank anymore (since 1997 HK handover).
I trust DBS, the world's strongest bank 3 years. I put my money there, and I also buy DBS share.
ps. DBS giving dividend in 2 weeks. Huat ah!
Maximum insured amount only 75K from 50K previously.
Ahem be careful. Anyway no think Sinkies I say most Sinkies have that amount in their Banks.
So no issues.
With costs of strangling livings in Sinkieland have 5K in banks considered Rich liao.
Cheers
Just to add also think they will bail out their own Elites rather than the kuching kurap depositors if really the case like the Americunts banks.
Had loans of billions to their own ahem ahem.
Wonder why my nephew as VP of several years of services been cuttlefished and now RTS.
"You do not actually own anything if you cannot protect what you have."
UltraSatanicAmerica(USA) can steal, rob, confiscate, extort or initiate transfer of money to benefit themselves. Million dollar question comes to mind, "what are you going to do about it?"
USA can invent laws that override every other countries' laws to justify their criminal activities. Hence it is a no brainer, one must have nuclear missiles with the range, accuracy, destructive power plus tough as hell to intercept to deter the biggest criminal enterprise on the planet.
It seems only Russia and China have the means.
So good luck to inhabitants of Red dot.
The American gangsters are eyeing the vast land and resources of Russia thinking they could wipe out the Russians and steal their land like they did to the American natives. Then another 200 years of stolen wealth to get rich again.
Last time they gloat about How the West was Won. If they seize Russia, they will sing, How the East was Won.
Satanic USA thinks it can still write Satanic Laws and expect others to follow, or else. Those days are going to be over. They found out soon enough that Putin has bigger balls than them.
And Putin asked them to fxxk spiders. And Mohammed bin Salman told them to fly kites. And African leaders told them to get out of Africa.
And they still tried very hard to spread the propanganda that Russia has no friends. Now it turns out that it is the USA that is going to be friendless with the Global South, except for the Europeans and Japan.
Wonder what was the reaction of the South Koreans after being told that the USA had been wiretapping the South Korean Office of National Security. Henry Kissinger was not exaggerating about the fatality of being a friend of the USA. Well, that was the truth.
Hi Anon 2.50
Actually all these silly farts of their UAssA doggies knew all along they been spied on.
But all have no balls to response as poor souls dogs after been trained to obey they will always in the mental states obeyed.
Don't know whether that Merkel in her baths also been spied on nakedness for POTUS aka that the code for President of the Unstable States to count her pubic hair.
POTUS should be BOTOL in Malay for the most vulgar expletive for them.
All these doggies deserved to be spied on as the Americunts trusted no one even their own.
Just finished the final episode of Nexflix "Night Agent".
See how they screwed each other as in their sick genes.
Cheers
Don't forget Maybank. Their interest rate is very good.
But my advice for everyone is, if you have spare money, buy a steel rolex watch. It is the best investment, and security of your money. You can always pawn it if you need money. But don't buy fake like some people.
Good day to you Rolexman. I have got an Omega watch from the 90s. How is it? Is Omega also a good investment?
ps. I don't want to sell. I just want to know.
About the leaked documents, John Kirby is warning the MSM not to report on what are in it. He said those sensitive information in the leaked documents are not for public consumption. What kind of fxxked up Government is that, trying to force the MSM to cover up such news?
It seems there were information regarding Israel and South Korea that were possibly very damaging. Those documents also targeted Ukraine by exposing its ability to continue fighting the Russians, citing Ukraine's shortage of weapons and ammunition.
John Kirby was the loudmouth who said that a peace deal brokered by China between Russia and Ukraine is 'not acceptable'. What a moron!
Must be a Roelxi salesman.
Poor Guy still promoting Rolexi?
Aiya No sales ya no commissions!
Nowadays where got Watches salesmen like Lee Koon Choy?
Wants to buy aiyo Hour Glass, Woo Hong Kee lah!
If wants second hand PPComplex lah.
So many why go to this salesman?
Can sell you fakes be kareful!
Malay Kareful for careful!
Ya for entertainment this show quite good
Steel Roelxi can eat m
Meh?
Break all your flase teeth till Boh Gay
This type of mentality like Bookkeeper Loan Sharks and Master Chefs Bengs with Rolexi on hands and big Big gold chains hanging on necks.
Broke, aiya go pawnshops to tide over and then redeem when got monies.
Sometimes too bad, hard luck aiya let them lapse.
This Rolexi guy shared the same mentality.
That's why kept prograting all to buy Rolexi as security.
Why made your self so difficult. Just keep hard cash.
Oops, forgot main aim to wear on hand to let all know got Rolexi.
But actually, frankly only those with the same type of Bengs Mentality will observe whether you are wearing a Rolexi.
Others mostly don't bother what's Rolexi lah!
FYI info know u refer to people like me having fakes.
Want me to show u the receipt of Sin GST that I had paid when brought from overseas?
These jokers do not want to falsely declared as other watches as they have their reputation to keep and also Sin Customs very smart one watches from those branded watches countries they throughly checked one.
Signpost will call you for the delivery and will tell you the GST to be collected before they send to you on a certain day.
Also the Customs will access the value of their own so you cannot dispute their assessment.
Paid nearly two hundred Sin for the GST. So better buy from local shop and if second hand better still GST already paid and the first owner normally lose quite a bit on the price.
Did not see recent articles Rolexi watches lost so much value?
Also aiya now coming hang cheng no good and many feared recessions and depressions who wants to buy Rolexi?
Better keep hard cash for food. Hawkers kept raising their prices to also buy their dream Rolexi.
Hi Angry in Bishan,
Omega is a very good watch. Very respectable and quality is high. But sorry to say, unless you bought the Moonwatch, it is not really investment grade. But it will last you a lifetime, so you don't need to worry.
I think some popsters are mistaken with me. I never advise to buy Rolex watch for luxury, for wearing or showing off. I only advice fellow sinkies to buy Rolex as investments or security with their extra money. If you don't have money for food, then of course Rolex investment is out of the question. I don't know why Virgo talking about eating a steel watch.
If he want to smoke people, smoke properly lah. His talk cock story all doesn't add up.
He say he went overseas and bought a Rolex Oyster Date Perpetual in 1978 and paid $200 in GST. Must be the 1st Gong Singaporean to pay GST in 1978 (GST only introduced in 1994)
Hello watch Rolex NOT Rokexi Oyster Perpertual Datejust year of manfacture 1978 lah.
Not brought in 1978 lah. Go bank to Kindergarten lah.
Know 1978 with Silver Dial considered later model and more Valueable you know or not?
Wake up dont think you ever own Rolex.
Hot air braggart only.
For all those who think investing in expensive watches:
Top Swiss Watch CEOs See Gloomy Outlook As Demand Woes Materialize:
'The current question is whether the watch market's bottom is in or if prices are set to take another leg down.
To answer that question are industry insiders from some of the biggest Swiss watch brands, from Patek Philippe to Oris, who offer a gloomy outlook.
"I see in the past two months, the market is a little bit slower than before," Thierry Stern, the chairman and controlling shareholder of Patek Philippe SA, the family-owned Geneva-based brand, told Bloomberg in an interview.
"I don't say that it's very bad — not at all. But I just see that it's slowing down," Stern added.
Even though Swiss watch manufacturer Oris has seen revenues jump double-digit percentage points so far this year, Co-CEO Rolf Studer said signs of softening demand from retail orders are beginning to hit. '
One example of the cooling demand in the secondary watch market is the downturn in the Subdial50 index, an index tracking the top 50 most traded second-hand luxury watches on the pre-owned market. The index is down 28% in the last 12 months.
'The insight the heads of at least two Swiss watch companies give is that demand is slowing, thus more supply, and likely more downward pressure of secondary market prices. '
According to this article; that is a great way to lose your savings..
Link to article:
https://www.zerohedge.com/markets/top-swiss-watch-ceos-see-gloomy-outlook-demand-woes-materialize
Right you are Anon6.51
So many reports of less demands as now many antipated World's Recession and possible Depression.
Hard cash for food lah.
Just back coffeeshop and now the price for a cup of tea at.$1.50.
Last Sunday at $1.40.
Made hay whilst the Sun shines
That's for Enter Pricing Sinkies Bosses.
All these Anti-Preuners loved Rolexi.
Oops thought alreday sunset.
Cheers
4D number 6694 Model
Cheers
LHL went to China recently. Now I know why. Just being reported that Red Dot's economy is faltering badly. The only thing moving, as I can see clearly with my eyes, is the construction industry - the MRT line construction, road widening all over the island, diggings everywhere, new housing units being built, and not to forget further airport development. Are we moving into the 'Bricks and Mortar' economy? If so, we need to increase the population further. Sounds familiar?
Sell and sell..From One hand State Lands during LKS and GKS time why got Land taxes to SLA.
From Left to Right Hand ans said losts billions in BTO pigeon holes.
Now only internal economy built Condoms, Apartments and then sell sell to the new Citizens who had the ready cash to flood the markets
Until no more left one inch of land then sell backsides.
One inch or two inch or full Nine ins penetrator.
Aiyo Sakit sakit.
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