SEB Closes Sweden’s TAVEX Metals Wholesalers Bank Account…Is This What Is In-Store For The US?

July 6, 2016

Did you know that on June 30, 2016 Sweden’s largest gold distributor TAVEX had their bank account closed by Skandinaviska Enskilda Banken (SEB) stating that it was a “general business decision”. This billion dollar business just had its doors slammed shut as regulators deemed that precious metals are deadly to their Central Banks paper funny money. This should send goose bumps up your spine as it may well start the dominoes tumbling here in the US as well, would naturally send the price of metals stratospheric by driving the use of gold, silver, platinum and palladium underground into barter exchange.

https://tavex.se/en/notice-of-change-in-tavex-abs-payment-system/

It reminds me of the problem legalized marijuana businesses have in Colorado. Banks will not welcome their business accounts at their establishments and the media then announced to the public that these businesses are forced to store large sums of paper currency potentially creating the appearance as an easy mark for criminals. Business is only conducted with cash and I would assume they must pay their bills using cash. How would you like to wire a cashier’s check to your mortgagor every month or haul $400 to your electricity server every month? This appears to be an all-out effort to punish people for protecting themselves from government’s fiscal mismanagement of their own central banks.

What are you doing to protect your family? Your time looks to be running out!

Roxy Lewis writes articles at www.whynotgold.com  a Better Business A+ rated reputable brokerage offering silver and gold at transparent pricing at just 1% or less commission. I hold a B.S. Degree from Iowa State University and 35 years’ experience in human resources, management, investments, personal property development and entrepreneurial business development. I write to awaken and educate the populace to become self-sufficient and abandon and remove themselves from a failing system in order to defend and preserve their life’s assets.

I write articles @ www.whynotgold.com  under ROXY’S COLUMN and ARCHIVED articles of the past. VISIT my site also at www.gold-eagle.com  and may be reached at @ 1-888-Y Not GOLD or rlewis@whynotgold.com . See all old archived articles under TOP ANALYSTS tab / Roxy Lewis!

The term “carat” comes from “carob seed,” which was standard for weighing small quantities in the Middle East.