Bank Runs are nothing new. If you are not familiar with a bank run, a bank run happens when the depositor’s of a bank feel that there is less money in a bank than the bank owes it’s depositor’s. The general consensus of the customers of the bank is “If I don’t get my money out today, there will not be any of my money left if I try to get it out tomorrow”. During the events that are associated with the Great Depression of the 1930’s bank runs were prominent. If people still had their gold coins at home, or had a few gold bars securely tucked away in their safes, then they had either no need or at least a much less dire need to go stand in the long lines that were now encircling banks across the U.S. Take a bit of wisdom from your not so distant ancestors, and invest in gold bars and gold coins.

When To Invest In Gold? When You See Bank Runs Happening Around The World.
We now live in a global economy. There is no doubt to this. Budweiser has been sold to the Belgians. Jim Beam has been sold to the Japanese. China is poised to purchase more Chevrolets than Americans will. HSBC was founded in Hong Kong as is now based in London. HSBC is a banking empire, and they operate prominently inside the United States. HSBC has also recently began telling their depositors how much money they can have, after questioning them thoroughly about why they need it. Had these HSBC clients had the foresight to invest in gold, and hold a few gold coins or gold bullion pieces privately, outside of the banking system, they would have had an alternative to having the bank tell them what they could and could not do with their wealth. HSBC may not come out and tell you they are fearing a bank run in words, but they certainly seem to be speaking with their actions.

When To Invest In Gold? Before You Get “Bailed In”
Not long ago at all, all eyes were pinned to the televisions watching what was happening to the banking system in Greece. Whether or not you agree with the politics of the little country, few Americans could agree wholeheartedly with what ended up happening to the people of Greece. If you don’t recall, or if you missed it, Greece went broke, or became what is otherwise known as insolvent. The Greek Government had no money, and they had tapped out the loan life-line they were getting from other “investor” countries. In order to qualify for more loans, the entities offering the loans began to require “up-front” payments on the loan. The Greek Government had no more funds, so they decided to raid the banking accounts of the Greek Citizens for the money to give to their creditors. Instantly the people of Greece were queued around banks for blocks, a classic sign of a bank run. Eventually the Greek Government did seize private funds inside of bank accounts in order to pay creditors from individual banking accounts, and this is what came to be known as being “bailed in”.

ITM Trading suggests holding a portion of your wealth physically in the form of gold coins and gold bars, so that in a situation such as Greece’s more recently, or America’s Great Depression of the past, you have options. Without options, you simply become a pawn of the bank.