➡ Dan warns about the potential risks to your savings if a bank fails, as they could convert your money into shares of the bank, which can fluctuate in value. He suggests diversifying your money across multiple unlinked banks for protection. He also mentions the importance of understanding what happens to your money if your bank goes under, especially for those with more than $250,000 in their accounts. Lastly, he advises having a plan in place, including having cash hidden at home and knowing how to change your payment methods if needed.
➡ The speaker warns about potential instability in banks and financial institutions, suggesting that people should know how to change their bank accounts and where their pensions are deposited. They also advise having multiple places to store money, including in gold and silver, and to be aware of what’s happening with your bank. The speaker also emphasizes the importance of naming beneficiaries on bank accounts for ease in case of unexpected events.

Hey, it’s Dan. Welcome back. You’re watching I alleged Lee and I’ve got a good one for you today because they’re talking about something very scary in the banking and Your retirement you check an account everything could be at risk right now So let’s get right into it Like subscribe today we have a sponsor delete me and it’s raining. So we’re gonna make this a quick one first things first guys You know, we’ve talked about bank bail-ins and things like that in the past But why is Fox News bringing this up again? Why are they talking about this again? why are they talking about protecting your savings account your brokerage accounts and That anything could happen to any of us at any time and if a bank fails it could be taken now I have people that have sent me so many articles about this lately and I want it covered extensively in the 1970s when I was very young boy They did an article 8 to the uniform commercial code made it so that if a financial institution Goes out of business.

It’s going to be much easier For a financial institution to seize our assets our check-in accounts our stocks our bonds the contents in our Safety deposit boxes things like that. Well flash forward to the economic collapse of 2008 9 and 10 and what they did was they did the Dodd-Frank bill and What they did was set it up so that if your Financial institution goes out of business you can be given for your money you can be given stock and shares into the bank in exchange for your Deposits now people are going to sit there and go wait a second.

Yeah, my I’ve got $14,000 and my bank account is insured to $250,000 right. Okay. The problem with this is that in extreme situations They can pierce that they can go beyond the two hundred and fifty thousand dollars and come out to read the articles below But here’s the question I have why is this being brought up now? Spoke to a finance here friend of mine. He’s like, what’s that an old article desert from like five years ago? No, it’s brand new yesterday So I want you to think about this You save your money your entire life and then the bank closes.

So what do they do? They say listen, you’re $14,000 we’re going to convert it into shares in the bank now Stock shares can go up. They can go down in value. We all know that we’ve all seen that we’ve all had a hot tip From a friend and all of a sudden it goes south happens now The point is is that imagine waiting for these imbeciles who’ve done nothing but steal your money Be in charge of it now. So you don’t have you know money. You’ve got shares of stock right now and This could happen.

So what do you do? You diversify you have multiple? Accounts set up you go to different banks that are not linked together I get a kick out of people that have written me because fifth third bank is gonna Merge with this bag and M&T banks gonna merge and I have an account of both those places. Great Yeah, get another one to get another one. Get another one. Make sure you’re protected and safe during this time God Frank Bill was signed in July of 2010 and I get a kick out of this because it’s just it’s not They’re doing this right in front of us.

This is what gets me worried. Why are they talking about this now? What’s bringing this up? Are there going to be mass amounts of banks that are gonna go out of business? Who knows? You know Beyond securities laws There’s a controversial concept called the bail-in and the bail-in is just what I explained to you This is something that none of us want to experience. You don’t want your bank to come in and be seized and take your money Because you’ve worked hard for it You know, this is what this is why you have gold and silver guys.

It really is it’s why you know Contact noble gold. I’ll have their link below again What does it mean for most people now, you know the argue meant is that hey listen I’m insured up to two hundred fifty thousand dollars There’s a lot of people in this audience right now that have a lot more money than 250 grand You need to sit down with your bank and have them explain to you in great details What happens if this place goes south have them explain it to you? How can I protect my wife and I if I have multiple bank accounts here if I move to a different branch? Etc.

Let me know What if we had a what if we had an account at five different branches and had 250 grand in each account you can last There’s people out here that have millions. I had some Clown I was gonna call him a name right there would send me pictures of his bank statements and scratch out Everything but his last name look what I have and I I still don’t understand why a guy would do that But he did it and yes, he made a lot of money. Okay, so Most people are going to be protected, but your IRA or 401k.

Where’s that stuff out right now? Seriously? Seriously, I have a friend of mine who is I’m gonna have lunch with him today who is? My age and he’s looking for his forever job and he’s gosh if I could ever work at X Y and Z and Y Has a position he goes you don’t understand nobody ever leaves this company. Well, what’s the deal with it? Guy is retiring and I met him once so my buddy’s going in there He’s had he said four interviews think about this. They anticipated. It’ll be six interviews to get the job six God, remember the days of filling out an application and oh, wow Do you do drugs? Can you pass a drug? Yes, I still can anyways point is is that it’s a lot more extensive now to get yourself into a job You know again your 401k.

Is it protected with the stock? Is the company doing well, you know the inner workings of this place Don’t my favorite thing is I hate everybody that works it that doesn’t matter. Do they make money? Are they secure? Is there some nerd running the investments for the company that’s going to protect everybody? That’s what you care about That’s what you care about There’s more to cover on this Let’s talk about our sponsor delete me Delete me is a great company. What they do is they help you with something called data brokers Data brokers are companies that put together all of our personal information our name our address our emails our phone number pictures of us your home’s value your job everything and Disseminates it on the internet and sells it to other people what delete me does is it eliminates that? Use the discount code I allegedly and save 20% it’s already inexpensive you can save 20% more use the link below Think about this in the last week got any spam phone calls Yes, have you got any spam emails? Yes Deal with the company that I’ve dealt with for almost a year and a half now They are amazing delete me check it out today.

Get rid of this stuff It’s incredibly inexpensive so many of you have signed up for it and gotten your personal information protected and taken off the net And an attorney just reached out to me and asked me about this and explained it to her and showed her what it did For me I even sent her my report so They send you a monthly report. It’s very cool. Check out delete me today. Use the link below and save 20% Now let’s get back into this thing You Don’t want to bury Your money in the sand on the beach.

You just don’t want to do that You have to have financial institutions You have to have a way to pay your bills You need to get your money out and you need to make sure you’re protected You need to have a plan if it’s just you live by yourself Have a plan if you are on a sixth income You need to have cash in your house hidden in your house and you need to know Where that’s at and hide it and don’t tell anybody. Nobody should know about that Stack in private Advantage to that is that something happens you’re gonna be able to pay Something until you get this straightened out The other thing is here’s something I that I’ve had people that have thanked me for in the last since the first year And that is if you have a problem with your bank account and you need to change your Social Security You need to change your pension.

You need to change a way that you get paid You know how to do that. Do you know who to contact to do that? Oh Well, isn’t it online Dan can I look it up? No, it’s not Know how to do that know how to change it not a change a bank account Don’t do it unless you’re ready to do that, but go search for that. How do I change where my Social Security is deposited? Know how that’s done guys know how your pensions done. I’ve had a lot of people that you know Don’t realize that I’ve had people with the The HR people were fired and I’m like, oh that’s gonna be interesting to see when payday how that’s gonna work These banks and financial institutions are in a precarious spot right now Your money is not your money.

You’re basically given an IOU from these financial institutions right now and Whether you get it or not, whether you get it or not, that’s what’s happening to you Protect yourself make sure that you’re doing the right thing. Make sure you have multiple places to hide your money again Gold and silver the real money. That’s what you need to have also, but Look at this. Why are they talking about this now? They don’t warn us for things. They they do things in our face Show it to us. Then all of a sudden all hell breaks loose.

You don’t want to be caught holding the bag I’ve told people to change their beneficiaries on their bank accounts, you know Have a sit-down if you know you’re at the sunny state of your life, you know I have people that I work with in my life that know certain things about me and where to find certain things if something should Happen to Danny on the way home from right, you know filming this video You have to do that now if you don’t have anybody I understand and you’ve got to protect yourself you’ve got to be Aware of what’s happening, but these banks warning you that they could take things over.

This is scary read these articles below Why is the Bank of Hawaii talking about this all of a sudden? Hey, listen, you should be protected. You should be okay I’m like the Bank of Hawaii is bringing her this was yesterday. They brought this up. Well, generally you’re going to be protected Well, why is this conversation happening right now? Why tell me tell me tell me tell me Because I need to know We all need to protect ourselves It’s happening more and more right now And it is pouring rain on me right now as we have this conversation so You feel secure with your bank make sure you know what’s going on with them Ask questions Read those articles because that should freak you out.

Oh Dan. This is just an opinion of what could happen Why why is this on why is this on? MSM mainstream media. Why is that? Why is that right now? I think that there’s something going on with these banks the silver shenanigans that we saw over the course the last Four weeks is nuts right now and the banks Walk up in the upper dock as I get rained on Nice to come out here in the lane. There’s nobody here a little bit more to cover on this Audio audio audio I’m gonna finish this video with these last few stories and As I was filming this But I checked the email and Ray wrote me and said Dan I want to thank you for something because I went into my bank and saw your video about Beneficiaries to my account and said who’s the beneficiary on my account and he didn’t have any so Ray thanked me for that but go in there put that on you know When people pass you don’t plan hey Marge is gonna die on Thursday.

You don’t plan on that You don’t plan on Ray going but Ray just took care of himself and has peace of mind You know what it cost him nothing cost him nothing Laura sent me a great story about people that are taking their dogs to Zumba classes Connecticut only in Connecticut But again what we spend our money on pet parents spend a ton of money on on their stuff You know it’s funny is that I? Went to the doggy store to get Rosie her dog food that she does really well with and then the doggy beef jerky Did I get the treats was $28 and I’m like I’m not doing this and I made her beef jerky Dehydrated it myself and she’s got a stack and it saved me a mountain of money And I’m so happy and Rosie’s good But again the money we spend on our you know pets as pet parents and then the final final story that dr.

Marman sent me was There was a huge beef recall 23,000 pounds of beef and it was from Idaho based CF CS beef Packers producing the affected products And it was in January, but it was shipped out and again Make sure you’re not eating this stuff and it’s 23,000 pounds shipped in several states in the country So if you hear about that take it back to your local market, and they will give you a refund Don’t forget that we have the private channel. I allegedly live which everything’s uncensored and I get to speak freely and use bad words every now, and then it’s nice.

I enjoy it very much You want to get a hold of me. It’s hello what I allegedly calm it is now pouring rain right now You know my umbrella’s that in the car right now. It’s beautiful so Onward and upward guys I appreciate stories like this, but this is crazy protect yourself our banks about to go down for the counter We about to see something chaotic and crazy protect yourself. Do what Ray did to make sure that your Beneficiaries are named on your checking account and everything that’s just going to make life so much easier.

I’ll see you very soon you
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