Author and prophetic minister Steve Quayle recently shared reports which he has received from friends of his that financial markets in the United States are going to collapse very soon. The reports, which are detailed below, indicate that cash withdrawal limits will soon be enacted and banking hours will be drastically reduced to two partial days per week.
The source stated these changes would be enacted within 60 days, but there is no way to confirm or verify if the 60 day period is accurate. However, even if nothing happens in the next 60 days, the possibility remains that these things could be coming very soon. The banker who provided this information is simply relaying what he is hearing from his supervisors. Other sources have commented about the bankster plans saying, “their timing is flexible but their goals are not.”
The following provides the transcript of Steve Quayle’s comments presented on the Hagmann and Hagmann Report, which is a nightly radio show. The program was aired on March 22, 2013 with guests Steve Quayle and a financial insider who is using the alias name “V”. The comments recorded in this article were made during the second hour of the the three hour program. Listen to the complete program here.
Steve Quayle shared the following comments:
I received a telephone call from a law enforcement official in the Midwest. I know the source of this. It is one of the most trustworthy men I know and respect.
He says, “I just got the word from somebody who is really high up with more clearances than anybody could imagine. The guy said it’s all coming down, the finances, the banks, the martial law implementation, and going for the guns.” The guy was upset with what is coming down and he told my law enforcement friend, “This is going to be really bad. They are going to crash the economy. They are going to tear it down. We are going under martial law. People will not have access to their money.”
Steve’s law enforcement friend, who identifies himself as “The Lawman” and has withheld his real name, provided the following detailed written account of the information he received from a bank manager.
Just received a call from a highly agitated bank manager who stated that within 60 days, banks will be greatly reducing their hours, days of operation, amount of withdrawals and a requirement to fill out “paperwork” if the amount is questioned by bank officials. Unless the form is completed, money will not be disbursed.
What really irritated this manager is that after hearing our statements on the air, and receiving years of assurance that our positions and contacts were so much bravo sierra (BS), now he hears from corporate people that it is apparently true after all. He said, “screw them, grab the money while you can.”
The parameters given were banks open two days a week for four to five hours with below minimum staffs, increased security and greatly reduced amounts of actual cash in the vault. Amount of withdrawal will be held to $500-$2,000 per day per customer account–not customer. So my account could only have either my wife or I withdraw, not both. That level could change at ANY time. There is no plan (at least known) for automatic confiscation from accounts–yet, and he said that the banks hold the “ownership” authority and final disposition of any items found in safety deposit boxes. (surprise, surprise!) Withholding mortgage payments could result in expedited (30) day foreclosures and 15 day Sheriff’s locks on your front door.
The Federal Reserve could and will initiate other more draconian restrictions on all aspects of “private” banking and access to any property held by banks. It could include forfeiture of your primary (paid for) residence if your summer cottage has a mortgage and you fail to pony up to keeping it current or any forthcoming restrictions on your accounts.
Clearly, the only option is to close accounts or only keep funds that can be paid instantly to keep electric, water, or other critical accounts paid. Cash will be drying up—so, unless people hold precious metals, bullets (the new currency) or medicines, etc., you are screwed. Barter will be king. As the Colonel said yesterday, “the universe is contracting into the black hole. There is no way to escape its pull.” (Political/economic/social order black hole)
Received at 1545 hours
20 March 2013
The following is Steve Quayle’s comments regarding the information provided to him:
This person (who shared these things with the law enforcement officer) thought that my source and I were full of you know what. We are trying to tell everybody how to avoid the you know what, that smells like you know what, that if you step in it you know you got some on your boot and when it hits the fan you know what it is. Everybody is saying, “Well, I don’t see any of this stuff.” That’s because you are standing in it up to your neck and you won’t take a step out of it.
Steve then shares how he received the same report from a different source:
Now I just got an email from a certain friend of mine who is a pilot. He is telling me that a two star general that he met today in wherever he was flying to basically verified every single thing that my friend the pilot talked to him about. And he knows what I am talking about because he reads my alerts between flights in airports. In the mouth of two or three witnesses let every word be established.
These reports confirm the information I presented in a blog article I wrote two weeks ago called “7 Reasons Why I Believe the Time for Economic Trouble Has Arrived.” In that article I documented secular and Christian sources who have provided warnings of an economic collapse coming any day now. Combining those seven sources with the two shared by Steve Quayle makes a strong case that we are getting very close to something big happening.
Steve Quayle added the following comments which give more insight into what is happening and why a financial collapse is coming.
What I’m saying tonight is all of the handwriting is on the wall. I think people expect that somehow there’s going to be a new blackboard or if they get the right man in office or just somehow action by somebody is going to give them all of their accounts back. I believe the time to move is now.
One of the things that I am still amazed at is people do not understand how black operations work and how deep background thievery works. The minute there is a chance of exposure of those who are behind the curtain they will kill an operation. They will take it down because if it gets leaked out there is a chance it will blow back on them. So everybody in the world who is in clandestine services they all want an out. They all want a back door. They all want an alibi. They all want to avoid being identified. They are like the guy who presses the trigger on a drone. He is just drone operator 5465. When you find out he has a personal name and address I don’t think he’s going to be too happy if the people that he blew away with a drone, especially if they have relatives and they want revenge.
So what I am saying is when I post this stuff up I am not trying to scare anyone. I have never seen such absolute denial of reality.
I have told people that I cannot tell them that the 60 day period is accurate. But that question presupposes that people are not applying it. They may be catching wind of it. They are beginning to smell a little bit of sulfur and the sulfur they’re smelling is all hell getting ready to break loose in the financial markets.
Ben Bernanke said he would not guarantee that the same kind of penalty on American savers would not take place (like what happened in Cyprus). The question was put to him point-blank.
I believe the time is very short now. We are about to experience things that none of us have ever experienced before. It is only by the grace of God that we have been warned ahead of time. I recommend taking the following steps to get prepared:
- Get right with God. It is not only about going to heaven when you die. God takes care of His people here on earth in good times and bad. He is the best friend you will ever find. If you would like to know how you can know Him, click here. Trust in the Lord and do not allow fear to grip you. When you shut out fear you have shut out the devil.
- Withdraw cash from your bank now before the limits are enacted. The lines will be very long then and it will be very difficult to get any cash. I recommend having enough for a couple of weeks but not much more than that because the danger is cash will quickly become worthless due to hyper-inflation. I believe it will be important to have some cash for purchasing necessary items but instead of stocking up on lots of cash it would be better to convert cash into tangible assets that can be bartered, which leads to the next point.
- Purchase silver coins. Silver and gold are real money that will hold their value when fiat money fails. Silver has a history of increasing in value faster than gold. It also has the advantage of being more affordable. One ounce silver bullion coins can be purchased online for about $35 each.
- Stock up on food items with long expiration dates such as canned food, rice, beans, peanut butter, etc. Grocery stores get wiped out very fast during times of panic.
- Stock up on fresh drinking water. I also recommend getting a water filter that does not require electrical power. I have been using the Berkey System for about six months and it is awesome. I recommend getting the largest size you can afford so you don’t have to refill it so often.
- Stock up on barter items. Bullets are very popular but just about anything with real value can be bartered. Toilet paper, paper towels, trash bags, are all great items to stock up on now.
- Get extra gasoline and motor oil. Fuel lines can easily get disrupted due to credit drying up. Avoid long lines at the pumps by having your own supply.
- Refill natural gas tanks that fuel your gas grill. If power goes out, gas grills will be very valuable.
- Remove all items from bank safety deposit boxes. Banks are not trustworthy. If you have more money in your accounts than what is covered by FDIC then convert the excess into tangible assets like silver and gold.
- Get a handgun and ammunition. People act crazy when their money is gone. Protect your family and yourself.
Author: James Bailey
James Bailey is a blogger, business owner, husband and father of two grown children. In 1982, he surrendered his life to the Lord Jesus Christ. In 2012, he founded Z3news.com to broadcast the message of salvation by reporting end time news before it happens.
© 2013, Z3 News. The first 200 words of Z3 News articles may be shared online in exchange for a clickable link to our site. Please include the author name and do not make any changes to text or titles. No image files from our site may be shared because we don’t own them. For permission to use our content in other formats, please contact us.