Hear That? It's the Sound of the Door Closing for Americans - The Dollar Vigilante Blog -

We hate being right.
After all, we have been predicting that people in the US and most of the western world will soon find themselves living in a Terminator-esque world where they will be tracked every moment of the day (US Government Builds World's Biggest Domestic Spy Complex), the US Government can jail indefinitely and even kill its own citizens (NDAA Bill Can Send Americans to Prison Indefinitely Without Trial), that the assets of westerners will be taken and consumed by their vampire overlords (France mulls 100% tax rate), they will be restricted in their ability to travel outside the country (Congress about to pass a bill that restricts travel and revokes passports with no trial) and it will be impossible to get your money outside of the country to protect it from confiscation (capital controls).
On the topic of capital controls we had predicted what is now happening.  We've been writing about it for some time (see "The Door Is About To Shut For Americans" in May of last year).  The only thing that has surprised us is the speed in which it is all happening.  We are rarely shocked but we have been surprised at the speed with which the world's banks have stopped accepting US citizens as clients.  It was only a few weeks ago that we penned, "International Banking Options for Americans Closing Down Fast" and stated that our sources had notified us of at least one bank (in Latvia) which has stopped accepting US clients because of the rules put in place by the IRS in the Foreign Account Tax Compliance Act.
Here is just one man's statement:

"I don't open U.S. accounts, period," said Su Shan Tan, head of private banking at Singapore-based DBS, Southeast Asia's largest lender, who described regulatory attitudes toward U.S. clients as "Draconian."

The phone has been ringing off the hook at TDV Media and Service's headquarters.  Nearly hourly word has come in of another bank that has stopped accepting US clients.  Some have even started closing accounts for US clients... a trend we definitely expect to continue.
Don't believe us?  Check out this article from the San Francisco Chronicle.  They only got one thing wrong.  The title of the article is "U.S. Millionaires Shunned by Banks as Tax-Evasion Law Looms".  But, it's not just millionaires.  It's all US citizens with a foreign bank account.
BLOODBATH
It's a bloodbath.  People who make their living off of helping US citizens set-up foreign bank accounts to diversify some of their assets outside of the country are closing shop... all in the last few weeks.  They are walking away from their honest, often decades-old business like victims of a bomb blast... in shock.
We feel very bad for them but we knew this was coming and have been hiring people almost daily to help out with the demand.  If you are a US citizen and have money in a foreign bank account that you would like to keep there, expect a call any moment.  It'll be the bank and they'll tell you that you have 72 hours to close your account and to tell them where to send the funds.  If you don't want to send it back to the US where Barack O'Bomber already has grand plans for how to spend it then your options are seriously limited.
But, here's the good news, there is still options.  Here are just a few options that are still on the table:

• There is at least one bank in the Caribbean that is still willing to accept US clients.  If you get a call from your bank that you must move funds immediately and do not want to repatriate them then you can open an account with them. We have already identified the bank and have set-up relationships to get your account opened and processed all via the internet within 24-48 hours .  Contact info@tdvoffshore.com for more information
• You may still have a few months before your bank contacts you.  In that time, we have found a number of ways to get a second, foreign passport inside of 30-60 days.  Contact info@tdvpassports.com for a consultation on the best solution for you.
• You can also convert a significant portion of your cash into precious metals... which is a very smart move to begin with... you can easily buy and/or transport these assets to a number of international destinations where property rights are respected and the governments are not in massive debt and in need of confiscating your assets. This includes Singapore, Switzerland, Hong Kong, Uruguay and many more.  See "Getting Your Gold Out Of Dodge" for specific, detailed actionable info on doing this.

Even if you don't need any of these types of services at this time, but it is finally dawning on you that the fiscal cliff is approaching very quickly and want to be prepared for what is to come, all of this type of information is the main focus of The Dollar Vigilante newsletter.  Subscribers are regularly updated with news, analysis and info for how to survive the coming western financial system collapse.
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read full article here Hear That? It's the Sound of the Door Closing for Americans - The Dollar Vigilante Blog -