Cash transaction bans just kicked in directly across the Atlantic…

El Mundo reports Spain is outlawing all cash transactions over 1,000 euros (about $1,080). The Spanish government offers up no smokescreens on the move: The purpose is to increase Spanish tax revenues.

The Spanish ban is just the latest domino to fall in the global War on Cash. Other European countries like Belgium, Portugal, Greece, and Italy have enacted similar measures…

Sweden expects to be 100% cashless within two years. Certain Australian banks have stopped accepting cash. And the Indian government just banned 86% of the paper currency in its economy.

Folks, if you don’t think this can happen in America, you need to think again. The War on Cash is a global assault on your economic freedom…

In today’s can’t-miss 3-Minute Market Minder, The Palm Beach Letter’s Teeka Tiwari details the latest War on Cash developments—and recommends an important alternative currency “lifeboat.” [Transcript here.]

(Teeka’s preferred alternative currency could turn every $200 invested into a rare, once-in-a-lifetime return of $6,850. Click here to learn what it is.)

https://youtu.be/ZhfsxG4N8n0&w=650

TRANSCRIPT

Hello, friends, and welcome to Big T’s 3-Minute Market Minder. As you know, I’ve been keeping you up to date with the War on Cash, telling you about the absolute chaos that’s been going on in India. Just recently—two days ago—Spain entered the War on Cash. And they have announced that they are going to limit all cash transactions to 1,000 euros. This is something that they have come out and just said, point blank, “We are doing this to increase tax revenue.”

Friends, we at the cusp of a world where everything will be moved to a digital platform. That means everything you buy and everything you sell will be able to be viewed by a taxing authority. They are going to make us have to use debit cards, or credit cards, or some type of Fedcoin to buy and sell anything. The time to take action to protect yourself from this is now.

I’ve talked to you about the absolute disaster that is going on in India right now, because they’re essentially moving to a cashless society—overnight they banned two of the largest notes. The prime minister came out and pretty much just said, “Suck it up, we’re going cashless.” That’s caused things like gold to double in price overnight. Here in the United States, it’s $1,200, over there, it’s closer to $2,200 an ounce.

So, the point that I’m trying to make here is that the War on Cash is happening. It’s happening a little slower in Europe and the United States than it’s happening in places like India and even Australia, but it’s happening.

The easy way for you to protect yourself is to get some chaos hedges on. And one of the most powerful chaos hedges out there, and a way to protect your money that is truly yours, is something called bitcoin. Now I have been beating the drum on bitcoin since it was about $450 a bitcoin. I wrote a special report back in April of 2016 recommending bitcoin at $450. It has already got as high as $775. It took out this high here, it’s getting very close to $800. I think once this closes above $800, this thing could easily go to $1200 a coin, back to the old highs in 2013. Now, I’m not suggesting you cash in your retirement accounts and go buy bitcoin, that would be insane. What I am suggesting is that everyone should own at least a little bit of bitcoin as a hedge against this relentless push by global governments to exert total control over your money. Remember friends, it’s your money. It’s not the government’s money, it’s your money.

All right, that’s enough out of me. I will catch up with you in the next video. And I want you to always remember: Let the Game Come to You!