At 33 minutes or so into this presentation, Phil starts in with his intel.
Notes ~
He reminds us of the video he did on the 5th in which he let us know that the global revaluation of currencies is complete, and that it’s the final step before NESARA can be announced.
He goes over how all of our central banks cripple us.
Phil explains how Bank of America (“BoA”) manipulated the price of silver to keep from showing massive losses.
As he stated in his presentation on the fifth, we can expect to see bank failure after bank failure over the coming weeks, and BoA may be the most notable of them because of the massive amount of silver leases they hold. Don’t ask me how it makes sense that you can lease an asset and use it to cook your books. That’s way out of my personal wheelhouse, but that’s what’s in place.
Said cooked books are now being exposed, and the banking industry will be obliterated.
This is important for a number of reasons, but it’s especially notable for those who’ve been able to purchase precious metals; specifically silver. When BoA crashes, all the silver leases / derivatives (unrealized losses) come due. They won’t be able to pay, and the artificially suppressed silver prices will skyrocket.
Obviously we can’t give advice on the subject, but if I actually had a retirement account, I would be moving it into silver.