Preparing For A Banking Shutdown | Client shares his journey

[ozcopper]

Bill M., a client with Miles Franklin Precious Metal Investments, discusses his journey toward financial preparedness and stacking precious metals. He explains how he has grown in concern regarding the soundness of the current financial system. When considering preparedness and investing in metals, he suggests a balanced approach and leading by example. Unfortunately, some people will not prepare until it's too late, he says.

INTERVIEW TIMELINE:
0:00 Intro
1:50 Financial preparedness
11:12 Avoiding scams
16:18 Lead by example
19:40 Preparedness balance
24:03 Preparedness habits
26:18 Banking crisis
32:30 Last thoughts
34:34 Miles Franklin

 

[Nugget]

I read that Germany is experiencing a bank run of sorts. Many people are withdrawing physical cash as they fear being unable to conduct commerce should black outs occur