Tracking the bank demise

[ChuckyTheGoat]

Any anecdotal info would be helpful, IMHO:

*I put in a transfer request at local bank on Sunday.

In past, would normally take one day. Three days and counting, don't see it yet.

Coincidence?



How soon until ATMs are dried up (at least on occasion)?

[hehfest]

I have not had any problems yet at some different places, but I will tell you I have already bought enough insulin for a year for my dog. I am not playing games or playing around and taking any chances. It will not hurt you to buy some cases of beans or anything else and have it just in case. There were bread lines in 1929-1933 so people think it will never happen again but it can.

EDIT: Oh yeah, and people getting food from food pantries for free is at an all-time record high in the United States. I heard a few places had a line of cars a mile or more long. This is happening around the country, but I do not think it is visible yet to many.

[ChuckyTheGoat]

This woman (Zang) talks a lot but makes pretty good videos. She might be biased toward silver, but I do think she's honest.

Watch the first five minutes. The numbers on the bank FDIC insurance is a complete joke.

Sure, they MIGHT be prepared to insure bank losses. If those are newly printed dollars, what's the fukin difference? This is truly a shit-show.

[ChuckyTheGoat]

Van Metre video. Is this (Schwab) a big deal?

[ChuckyTheGoat]

I'm gonna keep posting these videos. Mannarino video.

Bank runs have to be imminent. How soon till (several) banks don't have any more USD to hand out?

[StratPlayer]

Lots of branches closing in my area. Bank teller asking strange questions.

[ChuckyTheGoat]

Lots of branches closing in my area. Bank teller asking strange questions.

Thank you, Strat. Yes, looking for any anecdotal stories.

I'm keeping my balance low. Going to make a sizable cash withdrawal on FRI. We'll see if there's any problem.

Have my eye on purchase of a nice Gretzky rookie this weekend. Want to expand my "Fine Art" investment.

[ChuckyTheGoat]

There's a saying that when someone says "Everything is OK"...it's time to take a very hard look.

These banks saying how strong they are. It's pure vomit.

I think the politicians are trying to Band Aid this as much as possible. They don't want people to know how underwater they are. I only see bad things on the horizon.

[hehfest]

I'm gonna keep posting these videos. Mannarino video.

Bank runs have to be imminent. How soon till (several) banks don't have any more USD to hand out?

This guy writes for the "Trends Journal" as well. He won't bullshit you that's for sure. Take everything this guy says seriously. If he gives you any suggestions, then follow them if you can. Whereas, that guy Kramer or Cramer on MSNBC or CNBC, or wherever the hell he is......is wrong far more than he is right. And Cramer/Kramer just recently said Credit Suisse is going to be just fine. LOL....they are toast.

Silver is a good buy. IMO. I think it will end up better than gold but who the hell knows. Markets are so dam manipulated there is no way to know for sure. Make sure you take physical possession of whatever it is. Because having a paper contract could end up being a joke if the dollar collapses/crashes.

[hehfest]

Don't forget that LEAD is always a really good investment - WINK WINK!

[Optional]

There's a saying that when someone says "Everything is OK"...it's time to take a very hard look.

These banks saying how strong they are. It's pure vomit.

I think the politicians are trying to Band Aid this as much as possible. They don't want people to know how underwater they are. I only see bad things on the horizon.

Either someone badly wants you to think that way, or media has now gotten so evil for clicks they will sow fear no matter what.

A bank run is 100% about customer confidence. If you want to see one, you just have to sow the same seeds of doubt Youtube stars in your feed are.

If we don't want a bank run, all "we" need to do is ignore the noise.

Not that "we" the people will do that obv :\

[hehfest]

Remember, Ukraine war is more about economics long-term and this is all about BRICS and the PETRO dollar is near its end. The dollar being used as the world's reserve currency is also being phased-out. So, bank runs won't matter much anyway. If you're stuck with Weimar Republic wheel barrows of cash in your pocket it won't do you any good.

Let's see what happens!

[ChuckyTheGoat]

Don't forget that LEAD is always a really good investment - WINK WINK!

Thanks, heh:

1) Curious, why do you like Lead? I've read about the various metals. Never gave Lead much thought.

2) Yes, Jim Cramer is widely regarded as being a mush-mouth. He has a platform. But he sticks his foot in his mouth quite often.

3) I've spoken about Silver quite often. Seems like a no-brainer to me. At some point it runs out.

4) When I think Bank Run, it's to take your dollars so that you can spend it on something else. IE, turn your dollar into a commodity. As for HOLDING dollars, no, that value will dissipate quickly.

[TheMoneyShot]

I do believe you should always keep antibiotics and food in storage for the longest imaginable period of time... I don't believe in the banking system to be a threat. Things do correct itself... don't get me wrong... I don't see how the dow is 32,000. But that's just me.

What is true corruption? Have we been living in it since Covid? Carryover to 2022 and now 2023? Well... to each their own opinion.

[Auto Donk]

wife and I are about to buy $180,000 in gold...... as a safety valve....

moving out of substantial holdings in banks.....

[ChuckyTheGoat]

wife and I are about to buy $180,000 in gold...... as a safety valve....

moving out of substantial holdings in banks.....

That's some sweet action. Salud, Donk. More than 5 pounds.

[ChuckyTheGoat]

Took $600 out of ATM today. No problem.

Taking out $2000 on FRI. Will see if it's a problem.

Van Metre thinks limitations are coming:

[TheMoneyShot]

If another bank collapses... time to be scared. I just believe the bank was mismanaged. Or in slang terms... call them a dumb fu##.

[Optional]

Thanks, heh:

1) Curious, why do you like Lead?

[Optional]

Took $600 out of ATM today. No problem.

Taking out $2000 on FRI. Will see if it's a problem.

Van Metre thinks limitations are coming:

They already try to paint anyone who uses cash as potential criminals.

Smaller bank note sizes would be a stronger signal the "currency war" is going into full swing than withdrawal restrictions.

[ChuckyTheGoat]

Opti, these shall not be "Forgotten Years":

[jackpot269]

Thanks, heh:

1) Curious, why do you like Lead? I've read about the various metals. Never gave Lead much thought.

2) Yes, Jim Cramer is widely regarded as being a mush-mouth. He has a platform. But he sticks his foot in his mouth quite often.

3) I've spoken about Silver quite often. Seems like a no-brainer to me. At some point it runs out.

4) When I think Bank Run, it's to take your dollars so that you can spend it on something else. IE, turn your dollar into a commodity. As for HOLDING dollars, no, that value will dissipate quickly.

You definitely want something you can barter that will be worth something if the dollar lost all it's value.

[hehfest]

Thanks, heh:

1) Curious, why do you like Lead? I've read about the various metals. Never gave Lead much thought.

2) Yes, Jim Cramer is widely regarded as being a mush-mouth. He has a platform. But he sticks his foot in his mouth quite often.

3) I've spoken about Silver quite often. Seems like a no-brainer to me. At some point it runs out.

4) When I think Bank Run, it's to take your dollars so that you can spend it on something else. IE, turn your dollar into a commodity. As for HOLDING dollars, no, that value will dissipate quickly.

Lead - See Opti post #19. More of a joke but of course not a bad idea no matter what.

Look - This really is not about worrying about bank runs. The fact that the dollar will be worth-less or worthless.....is why Donkey Kong made a good move IMO. I do not have 180k to buy anything much less gold. LOL.

Hyman Roth once told Mike Corleone that Frank Pentangeli was "small potatoes". Some of us here are nothing but that after all! But, I do have some G & S stashed regardless.

At some point, you are right, there just won't be any available. They can play the mining game all they want but operations would take years to catch up to the demand.

P.S. > Donk make sure to post your address in here after you take physical hold of all that gold...............ROFL LMFAO

[ChuckyTheGoat]

You definitely want something you can barter that will be worth something if the dollar lost all it's value.

Salud, Jack. I'm of the opinion that MONEY is supposed to be a ledger system.

IE, at a bare minimum, the US Dollar should be accounted for by actual dollars printed. When they print a dollar (or $100 bill), it comes off the press with a Serial #. Based on the serial #, we should be able to count up the total US Dollars.

Say there was to be a "Mad Max" scenario where electricity was knocked out. If you have $100,000 in the bank, you should be able to go to said bank and pull out the physical currency.

Based on my research, only 8 to 11% of the total dollars are physically in existence. That means the remainder is ALREADY digital. Prospect of CBDC? It's already here!

Mark my words. The banking crisis and the demise of the US Dollar is BIGGER than people think, not smaller. It's a world of IOUs. You just don't want to be holding the bag. How much clearer could it be?

[ChuckyTheGoat]

Lead - See Opti post #19. More of a joke but of course not a bad idea no matter what.

Look - This really is not about worrying about bank runs. The fact that the dollar will be worth-less or worthless.....is why Donkey Kong made a good move IMO. I do not have 180k to buy anything much less gold. LOL.

Hyman Roth once told Mike Corleone that Frank Pentangeli was "small potatoes". Some of us here are nothing but that after all! But, I do have some G & S stashed regardless.

At some point, you are right, there just won't be any available. They can play the mining game all they want but operations would take years to catch up to the demand.

P.S. > Donk make sure to post your address in here after you take physical hold of all that gold...............ROFL LMFAO

Thank you. Now, I get it.

I've gone thru a lot of Lead on #2 pencils. But I'm not a gun-guy. And maybe that's to my detriment, maybe it's time to start PACKING.

[rkelly110]

It only took 2 short years for the bottom to drop out of those banks thanks to the orange turd undoing with an exec order of Dodd/ Frank. See how things he touches turns to shit? He undid with a swipe of a pen the rail road safety guidelines Obama put in place because he made fun of rump at a dinner party. The caravan from south America was well under way while he was president. I wouldn't put it past him to have invited them up just to cause a crisis for Joe. Congress stopped him building that wall, instead he grifts off the gullible, but uses the funds to buy his ugly buddy bannon a multi million yacht That POS shit hates America, the only thing he cares about is himself. TDS rant over.

[ChuckyTheGoat]

Blackstone - WTF is this bullshit?

[d2bets]

wife and I are about to buy $180,000 in gold...... as a safety valve....

moving out of substantial holdings in banks.....

Safety? You gonna throw gold bricks at people?

[ChuckyTheGoat]

This guy has monitored Central Banks (across the globe) buying gold.

Return to a sound money system? Think these other countries see an opportunity:

[ChuckyTheGoat]

Listen to this video:

At 39:30, James goes thru the five causes of hyper-inflation. Does USA 2023 qualify?

1) Govt over-printing $$.
2) Rapid increase of the money supply.
3) Loss of confidence in the economy.
4) Decrease in supply of goods and services.
5) Wars and political instability.

[Optional]

"Financial Armageddon" next week?

These leaches might eventually convince enough people to panic it will come true, but that's the only reason they could turn out correct.

Inflation flattening, GDP healthy, Wages growth gaining steam. Real people issues are mostly looking positive.

I think the worldwide economy has bottomed and on the way upward.

[ChuckyTheGoat]

"Financial Armageddon" next week?

These leaches might eventually convince enough people to panic it will come true, but that's the only reason they could turn out correct.

Inflation flattening, GDP healthy, Wages growth gaining steam. Real people issues are mostly looking positive.

I think the worldwide economy has bottomed and on the way upward.

Opti, respect your opinion. And maybe I DO watch too many of these financial videos.

I believe in Sound Money. Fiat currency eventually pays the piper.

[ChuckyTheGoat]

Lyn Alden tweet that echoes my thoughts. Fractional banking, think about it:

Lyn Alden




@LynAldenContact

·
Mar 9









To quantify it, US banks have $17.6 trillion in deposits, of which $3.1 trillion is backed up by cash, of which less than $100 billion ($0.1 trillion) is backed up by physical cash.Anyway, good evening.

[ChuckyTheGoat]

Love this guy:

[ChuckyTheGoat]

kenyan president on us dollar

https://www.youtube.com/shorts/LM1iGRxNDUg