Cruising with the Coast Starlight
https://railpictures.net/photo/809658/
Cruising with the Coast Starlight
https://railpictures.net/photo/809658/
biggest move I’ve seen pretty much ever. Money bullrushing into bonds is counterintuitive. Unless maybe there is some serious event risk out there. Why the rush to safety of bonds? Why was the USD weak?
Inquiring minds would like to know.
the juniors benefit from a higher price of gold especially if they have gold in the ground. On the other hand tight money conditions hurt their financing needs which are continual.
The Jim Cramer reverse fund is starting out like gangbusters!
I’ve hated that sucker ever since he advocated mandating the jab for everyone.
Inverse Cramer ETF
I think if you have millions in your SVB account you are in trouble. You will get some back but not the whole enchilada. I was reading today about some CEO lady that had $10 million in there. Ouch!
The scum sure did piss in the cheerios…..they made ’em stink relative to Gold….and u can bet it is all naked shorting, they won’t borrow a single share.
There is only one solution to the global “free trade” quagmire that evolved after Fed Res Act of 1913. Each country has to produce their own needs. Example, to have only one country like China produce all the TV sets, takes work away from all other countries. In time maybe 20 years leadership will figure this out.
We know how these bank events unwind, over the weekend or next week we’ll start to get a dribble of information and start to find out who has their tentacles entwined with SVB and is bleeding. This was what a $170 stock a couple of days ago? That’s a long way down to zero.
taking a chunk out of the shares. It was too easy of a day for them not to show up and piss in the Cheerios. No doubt goosing the SM into the weekend.
Nonetheless, this is a win for us today. We are going to be strong against a weak SM this time around. JMHO
Well we can safely say no fellow bugs are getting hurt, as none of them have over $ 250 K…..and our only problem is making room in the dumpster for more dero’s.
I believe the insurance is up to $250k. But what happens to a car dealership and a $5 million checking account? I wonder. It sounds like the Fed raising rates screwed up some banks bets real bad, its usually only us they screw up. 🙂 Like I always said this system will make dumb people look smart and smart people look dumb.
They really are becoming the bargain of the century…..and when they explode higher, no-one will be long.
Buygold…r u saying PM shares trading heavy Vol…if so that can only mean the scum are selling it all, in heavy vol…which makes sense, seeing as what arseholes they are.
another good thing to see on the way up.
Democrat Bill In Baltimore Would Prevent Anyone Under Age 25 From Facing Felony Murder Charges
If I was the USA? I’d tell the global powers that “blessed” or “stuck” us with global reserve currency leadership job, to take the job and SHOVE it.
Let China run the strong Yuan policy, and buy imports from America at big discounts. Let China do all the expensive research and development prototype of various products, then let the USA get the gravy$ production runs.
This leadership “blessing” they gave us has resulted in us doing all the dirty work, then getting 9/11nd, lower living standards, a 2008 crisis, then a covid pandamic, and a $32 trillion national debt and a huge trade deficit. I think its Chinas turn now. They got all our money.
Update 12:00pm ET: Silicon Valley Bank has been shuttered by California regulators, who have appointed a receiver (more here).
All insured depositors will have full access to their insured deposits no later than Monday morning, March 13, 2023. The FDIC will pay uninsured depositors an advance dividend within the next week. Uninsured depositors will receive a receivership certificate for the remaining amount of their uninsured funds. As the FDIC sells the assets of Silicon Valley Bank, future dividend payments may be made to uninsured depositors.
This will hardly boost depositor confidence in other small banks and, by extension, big ones.
Archrivals Iran & Saudi Arabia Restore Ties In China-Brokered Deal
Iran and Saudi Arabia announced that the two longtime rivals and enemies are restoring diplomatic relations following years of tensions, which involved each side charging the other with state-sponsored terrorism. Crucially, China helped see the deal through and hosted meetings of the two sides in Beijing.
NBC describes that “The deal, which will see the two countries reopen embassies in each other’s capitals, was sealed during a meeting in China — a boost to Beijing’s efforts to rival the United States as a broker on the global stage.” Indeed this is the message China is quick to emphasize:
https://www.zerohedge.com/geopolitical/archrivals-iran-saudi-arabia-restore-ties-china-brokered-deal
I take your point … although they are all probably card carrying WEF members with a picture of Klaus over their bed. Their pals judging them will just turn to them and give them 3 Tsk Tsk Tsk’s.
Re Coincidence…Now we just have to establish how they vote…if they vote GoP ..they’re looking at 1000 yrs plus on a chain gang and then get to sit on ‘ole sparky…if they are Dems….they’ll get 6 months night detention, to be done at any one of their homes.
Genevieve has some great intel on the #SVB case https://t.co/iVTsdGJKtt
— Willem Middelkoop (@wmiddelkoop) March 10, 2023
— Wall Street Silver (@WallStreetSilv) March 10, 2023
That’s a nice pop!
Now … if my midgets will start moving!
reacting nicely to those earnings you posted.
I love it when a plan comes together. 🙂