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'HELLO, CENTRAL!' WHAT HAPPENS TO IRA AND 401K ACCOUNT, WHEN WE HAVE A BANKING CHANGE?
Patrick H. Bellringer
----- Original Message -----
From: LM
Sent: Thursday, October 08, 2009 4:14 PM
Subject: Siterun Contact Request from Fourwinds10
Message:
Hi Patrick,
What is your perception as to what will happen to peoples IRA & 401k type accounts when Nesara is announced? Will many people loose their retirement funds if the market crashes? We only have a small amount in our IRA yet, but it still will have a significant effect on our financial situation.
You can put your reply on Hello Central if you want as I am sure many people have the same concerns.
(Reply)
FROM: Patrick H. Bellringer
TO: LM
DATE: Oct. 9, 2009
SUBJECT: Reply
Dear LM:
Welcome back! How is your health? We have thought of you and sent prayers your way.
To my knowledge IRA's and 401K's will be treated the same way as will be savings accounts and checking accounts. Any money is to be exchanged dollar for dollar with the new gold and silver certificates, with no loss to the public. When you access your accounts under the gold banking system there should be no change in the balances.
We are coming to a three-day week-end in the U.S. as Monday Oct. 12 is a federal holiday. This could be the change point for the banking system. It is time!
In Love and Light,
Patrick H. Bellringer