Bank Stocks Plunge/Bank Run: People Lining Up To Remove Their Money, First Republic Bank, Wells Fargo, And More: SVB Execs Sold Their Stock Recently, On Twitter, Left-Bots Seek To Blame Peter Thiel
Bank Stocks Plunge/Bank Run: People Lining Up To Remove Their Money, First Republic Bank, Wells Fargo, And More: SVB Execs Sold Their Stock Recently, On Twitter, Left-Bots Seek To Blame Peter Thiel
As with most things these days, it was a controlled demolition, a take down. SVB had vulnerabilities - they catered to the Silicon Valley tech startup world that boomed during the plandemic when everyone went online. Their customer deposits exploded. Interest rates were extremely low. To get some income they invested the deposits safely in long term US government bonds. As the Fed raised interest rates, the value of these bonds fell and their customers needed cash as the economy cooled. Banks only carry a fraction of their customer deposits in cash. As their customers made withdrawals, they had to sell some of the bonds at a loss, but they weren't in any financial distress. Then JP Morgan, Blackrock, and all of the deep state financial players told all of their customers to close their SVB accounts. Of course, as would be true for any bank in the world, they didn't have the cash to cover such huge withdrawals and before they could arrange loans, the Fed closed them down and took them over.
They could do this to any bank at any time, like they did to SVB and Lehman, or they could paper over the problem. As always it is up to them. They clearly are for the time being working to crash the system. To do this and retain credibility so as to be able to provide the solution, central bank digital currencies, is tricky and requires careful rollout of disasters and timing.
If the media hypes up the fear and the Fed doesn't support the banks, as they've done since the last crash, then it could get ugly. To repeat once again, it is up to them. They have created every crash just as they have created every boom. To give advice is to know their game plan. To trust that the Fed and the Gov't aren't working toward us "owning nothing and being happy" is being blind, deaf, and dumb.
This became apparent in 2019: the collapse of the financial system via debt. 2007/8 was the first attack and we can expect hyperinflation to follow. This will finish off most of the population's retirement and overall assets.
Whether this bank begins the process is beside the point. This was the entire purpose of Operation COVID to provide cover for this collapse, while actually perpetuating it.
Just one of many operations working to dissolve the dollar and concentrate wealth into the hands of the few. You'll lose everything and the way forward is CBDC
Forbes is giving Cramer major competition in the stupid recommendations department. Their "30 under 30" feature unerringly named all of the recent big fraudsters as heroes.
SVB lost control of it’s fiduciary duty to shareholders--returns. It went full frontal into the twisted “diversity, equity, inclusion” bs. Revisit Old Yeller’s recent Ukraine visit where Mz. Janet’s speech was about abortion, equity (not of the financial kind) & climate change. Bizarre. SVB loaned start up money, one another tech co. with an office in Kyiv. This was not an implosion but a takedown--the billionaire banksters like Dimon will grab the startups. In the meantime, let loose the bots to create panic on main street & get the people to beg the govt to save them, including “vax me”! Vax me!
The level of evil, deceit, greed, cruelty and apathy has been building up for way too long. Could this be the darkest hour? Is the darkest hour always just before the dawn? Only time will tell.
As always, look to history. The great mind behind our Constitution’s “ gold & silver clause” - Article 1, Section 10 , said “ Gentlemen. This clause shall forever crush paper money.” It only took until 1913 for America to succumb to “ fake, manipulated News” to allow in the Federal Reserve Act- grossly unConstitutional on its face. Such is Life. Yuppies will learn ... again, that you CANNOT run gold or silver Coin off a printing press.
Mike Montagne had been warning us for decades now that any purported economy subject to interest ultimately terminates itself under insoluble sums of debt.
The computer models he provided the ‘84 Reagan administration projected the 2008 meltdown, as well as this, the final collapse.
Perhaps, a Central Bank Digital Currency is "needed" to "stabilize" this "bank crisis?" Will US citizens soon be offered same "options" (CBDC implementation plan A or CBDC implementation plan B) the Bank of England is "proposing" to Brits?
Looks like Old Yeller has come out and made some TV appearances in an effort to let "us" know that "they" are on top of things.
The gold market will open tonight at 6pm. The link below is an easy way to follow gold's reaction for those interested in such things. If there is world wide stress it will show up in gold's price tonight I would imagine. If the move is not significant then that will likely be a good sign IMHO.
"Embracing a broader woke agenda that ESCHEWS UNDERWRITING PURELY BASED ON BUSINESS FUNDAMENTALS, a 16 page Jan '22 DEI brochure touted a SVB program "focused on increasing representation and funding for women, Black and Latinx founders, investors and. professionals in the innovation industry".
There it is , folks.
A bank lending based on identity politics not on whether that business has any basic financial business plan in place.
This is the planned economic take down so many warned about. It is all to induce fear so they can ram in CBDC. I am not afraid and that is my best advice. Do not let fear cloud your better judgement. We moved our money out of a bank a year ago and we keep just enough to cover bills in an account in a credit union. So I do believe people should get their money out while they can. It is safer under your pillow than in a bank. This is the advice I followed a year ago.
As with most things these days, it was a controlled demolition, a take down. SVB had vulnerabilities - they catered to the Silicon Valley tech startup world that boomed during the plandemic when everyone went online. Their customer deposits exploded. Interest rates were extremely low. To get some income they invested the deposits safely in long term US government bonds. As the Fed raised interest rates, the value of these bonds fell and their customers needed cash as the economy cooled. Banks only carry a fraction of their customer deposits in cash. As their customers made withdrawals, they had to sell some of the bonds at a loss, but they weren't in any financial distress. Then JP Morgan, Blackrock, and all of the deep state financial players told all of their customers to close their SVB accounts. Of course, as would be true for any bank in the world, they didn't have the cash to cover such huge withdrawals and before they could arrange loans, the Fed closed them down and took them over.
They could do this to any bank at any time, like they did to SVB and Lehman, or they could paper over the problem. As always it is up to them. They clearly are for the time being working to crash the system. To do this and retain credibility so as to be able to provide the solution, central bank digital currencies, is tricky and requires careful rollout of disasters and timing.
If the media hypes up the fear and the Fed doesn't support the banks, as they've done since the last crash, then it could get ugly. To repeat once again, it is up to them. They have created every crash just as they have created every boom. To give advice is to know their game plan. To trust that the Fed and the Gov't aren't working toward us "owning nothing and being happy" is being blind, deaf, and dumb.
I’m a bit paralyzed by all of this. Prayer is the only thing I can think of at the moment.
This became apparent in 2019: the collapse of the financial system via debt. 2007/8 was the first attack and we can expect hyperinflation to follow. This will finish off most of the population's retirement and overall assets.
Whether this bank begins the process is beside the point. This was the entire purpose of Operation COVID to provide cover for this collapse, while actually perpetuating it.
Just one of many operations working to dissolve the dollar and concentrate wealth into the hands of the few. You'll lose everything and the way forward is CBDC
Forbes is giving Cramer major competition in the stupid recommendations department. Their "30 under 30" feature unerringly named all of the recent big fraudsters as heroes.
"A man with a briefcase can steal more than a 1,000 men with guns." Don Corleone
SVB lost control of it’s fiduciary duty to shareholders--returns. It went full frontal into the twisted “diversity, equity, inclusion” bs. Revisit Old Yeller’s recent Ukraine visit where Mz. Janet’s speech was about abortion, equity (not of the financial kind) & climate change. Bizarre. SVB loaned start up money, one another tech co. with an office in Kyiv. This was not an implosion but a takedown--the billionaire banksters like Dimon will grab the startups. In the meantime, let loose the bots to create panic on main street & get the people to beg the govt to save them, including “vax me”! Vax me!
The level of evil, deceit, greed, cruelty and apathy has been building up for way too long. Could this be the darkest hour? Is the darkest hour always just before the dawn? Only time will tell.
As always, look to history. The great mind behind our Constitution’s “ gold & silver clause” - Article 1, Section 10 , said “ Gentlemen. This clause shall forever crush paper money.” It only took until 1913 for America to succumb to “ fake, manipulated News” to allow in the Federal Reserve Act- grossly unConstitutional on its face. Such is Life. Yuppies will learn ... again, that you CANNOT run gold or silver Coin off a printing press.
Mike Montagne had been warning us for decades now that any purported economy subject to interest ultimately terminates itself under insoluble sums of debt.
The computer models he provided the ‘84 Reagan administration projected the 2008 meltdown, as well as this, the final collapse.
And here we are.
Fwiw, I did read a comment somewhere to be aware that the $250k fdic insurance takes close to a year to get payment.
What are they going to do now, start another war, plandemic, or something entirely different?
Perhaps, a Central Bank Digital Currency is "needed" to "stabilize" this "bank crisis?" Will US citizens soon be offered same "options" (CBDC implementation plan A or CBDC implementation plan B) the Bank of England is "proposing" to Brits?
Looks like Old Yeller has come out and made some TV appearances in an effort to let "us" know that "they" are on top of things.
The gold market will open tonight at 6pm. The link below is an easy way to follow gold's reaction for those interested in such things. If there is world wide stress it will show up in gold's price tonight I would imagine. If the move is not significant then that will likely be a good sign IMHO.
https://www.kitco.com/
Don't worry, the fake Fed has your back and it's up against the wall.
SVB GOT WOKE AND WENT BROKE:
https://www.zerohedge.com/markets/fatal-distraction-senior-svb-risk-manager-oversaw-woke-lgbt-programs
"Embracing a broader woke agenda that ESCHEWS UNDERWRITING PURELY BASED ON BUSINESS FUNDAMENTALS, a 16 page Jan '22 DEI brochure touted a SVB program "focused on increasing representation and funding for women, Black and Latinx founders, investors and. professionals in the innovation industry".
There it is , folks.
A bank lending based on identity politics not on whether that business has any basic financial business plan in place.
This is the planned economic take down so many warned about. It is all to induce fear so they can ram in CBDC. I am not afraid and that is my best advice. Do not let fear cloud your better judgement. We moved our money out of a bank a year ago and we keep just enough to cover bills in an account in a credit union. So I do believe people should get their money out while they can. It is safer under your pillow than in a bank. This is the advice I followed a year ago.