Intelligence Insider: How To Protect Your Assets From Critical Infrastructure Failure: “Power Grid, Banking System, Cyber Financial Warfare”
Intelligence insider Jim Rickards has previously warned of asymmetric attacks using cyber warfare, financial warfare and domestic disasters involving chemical, biological or radiologicial events. The threat is multi-faceted and the consequences of such an attack, whether it takes the the form of state-sponsored cyber financial warfare or a rogue terrorist group detonating a dirty bomb, could act as a destabilizing event that wipes out everything from our power grid to the wealth stored in your digital financial profiles.
Having worked directly with intelligence agencies simulating and war-gaming the potential fall-out that could result, in his latest interview with Crush The Street Rickards explains the distinct Doomsday scenarios that could instantly collapse life as we know it in America today… and how to prepare for them.
These things are actually happening and your digital wealth is vulnerable to a number of calamities… critical infrastructure failures… whether it’s power grid, banking system, cyber financial warfare, etc.
Last month cyber thieves figured out a way to steal $100 million from the central bank account of Bangladesh via the U.S. Federal Reserve. They could have gotten away with $900 million more had it not been for a small typo. The point, as Rickards notes, is that there is a realistic possibility of a much larger-scale attack that targets not a central bank, but the direct holdings of every bank account in America.
The only tool you have at your disposal to protect from such an attack, says Rickards, is gold:
You never want to go all in… I am saying that 10% of your wealth… put it into physical gold… put it in a safe place and that will be immune from power grid outages, exchange closures, digital asset seizures and cyber financial warfare.
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