When I sold the unit I owned (outright) at Ocean Plaza Resort, Coolangatta QLD in 2021, I did not leave the cash in a bank.
I had learned about the Bail Out law that our government set up for the banks, to protect the banks, at the cost of the people – US.
Did you know that if a bank starts failing, running out of money – like they have in other countries, including the USA – the bank can keep, as in refuse to give you, steal, freeze, they can use, can keep YOUR money, completely legally!!! ($200,000 and above)
I invested in Bitcoin, firstly by “accident” – it was the way I could buy the speculative crypto currencies I played around with in 2020 – I took the profits in 2021 and converted it all to Bitcoin.
I put the bulk of my wealth into precious metals, mostly silver, some gold.
My self managed superannuation fund had been held in shares on the stock market. When I moved from Port Macquarie NSW to Coolangatta in 2020, I requested the accountancy firm in Port to sell all the shares for the fund. The guy I dealt with was not impressed I was no longer using his company, joking did I know something he didn’t. I did, that’s why I got out of the stock market.
I moved my superannuation to another accountancy firm, owned by my friend Martienne, who assisted me investing it off shore, in a managed portfolio, based on platinum and silver.
It has taken several years, going backwards, declining in value… until late 2025. I just checked it now, it’s more than double my original investment.
Tim “The Man in the Hat” who runs BTR bullion (Instagram) who I discovered last year, has been teaching people to invest in gold, silver and Bitcoin for several years, educating people about financial system history, as well as fiat currency, how it all works.
I love learning history of finance etc from him – history has the answers.
So if you have a bank account with $200,000 or more, and your bank started to run short of money, or to start to collapse, your account balance, YOUR money, belongs to them, if they choose, legally, to keep it and refuse to give it to you!!
Imagine if you had $1.000.000 or more!!
The banks are able keep your money legally, if times are hard for them.
How is that fair?
These same banks that make millions in profits, earning their main income by charging you fees and interest, while paying a tiny percentage of tax – compared to the approximately 50% income tax that WE, the people pay.
Banks and big corporations contribute very little to our tax system, more like 5% or less, while we pay around 50% or more – why?
Corporations and big business are favoured in this country, by the government.
It’s a fact
It is not fair
I can see the stock market, not only crashing, but crashing and burning out of existence, in the coming year or two.
Much love to all
Shaz