And your money is GONE!

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And your money is GONE!

Post by tvroadmin » Sat Mar 11, 2023 6:53 pm

Wow! Less than 3 years after printing trillions and locking you down to bail out the financial system (and giving you a bonus experimental clot shot), American banks are failing all over again. They couldn't even withstand 4% interest rates for a couple of months! :tongue

Better run and get your money out of the bank first thing Monday morning. Do try to buy some barbarous relic like gold if you can find it. Otherwise, our sponsor sells aluminum/steel antennas which will hold its value just as well as gold and will also let you watch free TV for years/decades to come.








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Re: And your money is GONE!

Post by Arion » Sun Mar 12, 2023 9:08 am

And the banking system is intertwined totally today and contagen is a given. It's not just SVB bank but all the other banks that own/guarantee SVB's credit default swaps, collateralized loan obligations and derivatives. The counter party risk today will take down the whole system. Some things are too big for the Fed to print its way out of.

And before it is mentioned the FDIC has only about one penny of assets for every dollar of guaranteed deposits. And for deposits of over $250K these get bailed in and the creditors (when you make a deposit to the bank then money isn't yours by law anymore....you have loaned it to the bank and become a creditor to the bank) of those uninsured accounts now will receive stock in the failed bank in exchange.

Today it's not a return on principal that investors have always hoped for but a return OF principal that is going to be on everyones mind. Physical gold and silver have been money for 6000 years and have no counter party risk. And since keeping your money in the bank only pays you a few percent interest at that (with inflation running well over the stated amount of 6.5%) you are losing purchasing power every day you keep your money in the bank.

A hundred years ago a one ounce gold coin with a $20 face value would buy you a beef cow or a fine men's suit. That same coin today a hundred years later will still buy you that cow or suit. That $20 bank note might buy you a pair of socks or a takeout pizza without the tip.

And less than 1% of all investible assets are in physical gold and silver coins/bars privately held. What do you suppose is going to happen when people lose faith in the stock and bond markets and want to get into something tangible that holds value? We will find once again that despite the manipulations of the central banks that the law of supply and demand is inviolate and still works very well.
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Re: And your money is GONE!

Post by fatso » Sun Mar 12, 2023 1:37 pm

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Re: And your money is GONE!

Post by Gregtheham » Fri Mar 24, 2023 12:38 am

Thanks for the excellent links and Reality Check. ESG Enivironment Social Governance is the ConJob of the century. Stripping wealth and freedom from the murdered middle class and growing a retuen to the Serf Feudalism system of the Middle Ages. This is now called bulding back better...or corporate-run comminism. Enviromentalism, racism and the death of consititual equality are the modern replacemnts for the Marxist class struggle. Do not be decieved or a useful idiot. Its amazing that people will believe very monopolistic corporations and unelected NGO / UN technocrates who created every problem they now want YOU to pay for...naturally, only these same organizations and elites will be provided YOUR money and assets in exchmge for them fixing the problems (both real and fake) that they created. THEY CALL IT NEOFeudalism.and it wont apply to them as they are the overloards.

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