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Posted: 9/29/2019 12:50:03 PM EDT
[#1]
Quote HistoryQuoted:
I'm doing a Director's Exam on a nationally chartered bank next week. First day out I inspect and count the vaults. If they are out of money it will be quite an interesting engagement. |
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Posted: 9/29/2019 12:50:39 PM EDT
[#2]
OP, mind posting your credentials? Like what you do for a living, how long, designations?
That's a big claim you are making. |
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Posted: 9/29/2019 12:51:34 PM EDT
[#3]
Q Predicted this
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Posted: 9/29/2019 12:51:58 PM EDT
[#4]
Quote HistoryQuoted:
OP, mind posting your credentials? Like what you do for a living, how long, designations? That's a big claim you are making. Let's believe this ridiculous claim blindly, clear out the grocery store, pop PMAGS and begin digging positions. |
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Posted: 9/29/2019 12:52:18 PM EDT
[#5]
Quote HistoryQuoted:
Through my employer, we have access to past and current economists from the Federal Reserve. They are not concerned. 
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Posted: 9/29/2019 12:52:27 PM EDT
[#6]
Quote HistoryQuoted:
They've all run out of money and apparently the collateral they were posting was not worthy so they have to inject themselves with free money from thin air to keep it going for a little longer courtesy of the FED. Quote HistoryQuoted:
Quoted:
Banks borrow from each other when they're running low on capital. Banks in the US also have pretty strict requirements for capital they keep on hand...Are you saying the banks aren't complying with these requirements? If one bank "runs out of money" it borrows more from another, sometimes at a higher interest rate depending on a number of factors. If all banks all across the world ran out of money that would indeed be a catastrophe...How exactly is that going to happen? Are we being told to buy gold during the commercial break? |
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Posted: 9/29/2019 12:52:56 PM EDT
[#7]
So, set snares and get busy making raccoon jerky?
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Posted: 9/29/2019 12:53:07 PM EDT
[#8]
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Posted: 9/29/2019 12:53:15 PM EDT
[#9]
Quote HistoryQuoted:
So you maybe got some proof of that or shall we just all panic and pop p-mags because some anonymous dude on the internet said to? I'm fine with the latter as I find running around in circles waving my arms and shouting that the sky is falling to be excellent cardio, but maybe just a shred of backup might help your story with less trusting types.  Quote HistoryQuoted:
Quoted: They've all run out of money and apparently the collateral they were posting was not worthy so they have to inject themselves with free money from thin air to keep it going for a little longer courtesy of the FED. I'm fine with the latter as I find running around in circles waving my arms and shouting that the sky is falling to be excellent cardio, but maybe just a shred of backup might help your story with less trusting types. Red flags everywhere. Perk up - pay attention - learn and listen to what is happening. Did you know the banks had us all agree to bail-ins for the next crash ? We are also the last person (the depositors) to get paid when it does go down, if there is anything left. The news has actually been telling us, but it has been in industry lingo words like "QE" "derivatives" "repo" "stock buyback" and then the corp news media anchor person says with a straight face just after telling you that everything is and will be ok. We're being setup. What's the play here ? Nobody knows. Maybe protect your assets to a store of value so you can convert that stored value into the new system post collapse. |
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Posted: 9/29/2019 12:53:40 PM EDT
[#10]
Quote HistoryQuoted:
So, set snares and get busy making raccoon jerky? |
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Posted: 9/29/2019 12:55:09 PM EDT
[#11]
Quote HistoryQuoted:
You're thinking of commercial banks. In general, they aren't the potential problem. Quote HistoryQuoted:
Quoted:
Banks borrow from each other when they're running low on capital. Banks in the US also have pretty strict requirements for capital they keep on hand...Are you saying the banks aren't complying with these requirements? If one bank "runs out of money" it borrows more from another, sometimes at a higher interest rate depending on a number of factors. If all banks all across the world ran out of money that would indeed be a catastrophe...How exactly is that going to happen? Are we being told to buy gold during the commercial break? |
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Posted: 9/29/2019 12:56:15 PM EDT
[#12]
Quote HistoryQuoted:
So, set snares and get busy making raccoon jerky? And order you one of those Chinese radios. |
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Posted: 9/29/2019 12:56:18 PM EDT
[#13]
Quote HistoryQuoted:
Not true. I got $500 worth of 2 dollar bills just this past week. |
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Posted: 9/29/2019 12:56:25 PM EDT
[#14]
Fed Res has been creating billions.
We'll all be zimbabwe rich 
Deutsche Bank is a likely candidate to be having funding problems. Its attempt to merge with Commerzbank fell through in April. Its latest plan is to fire 18,000 workers and create a good bank/bad bank, isolating off unwanted assets that it plans to sell. Deutsche Bank has run through four different CEOs in the past four years and incurred losses in three of those years. Its share price has lost 90 percent of its value over the last dozen years and it is trading close to an historic low as of yesterday. On Monday it reported that its prime broker unit, that makes loans to hedge funds, was moving over to BNP Paribas along with its electronic trading operations.
Unfortunately for U.S. investors, Congress has taken no action to rein in the systemic risks on derivatives held by these behemoth global banks. Deutsche Bank is heavily interconnected via derivatives to U.S. banks including JPMorgan Chase, Citigroup, Goldman Sachs, Morgan Stanley and Bank of America. If it blows up, it has the potential to spread the kind of systemic contagion that Lehman Brothers spread in 2008 — seizing up lending between banks because no one knows who has exposure. Credit Suisse, another primary dealer, is also having difficulties with its share price losing 78 percent of its value since 2007. SocGen has also had a bad decade since the crash with its share price losing 66 percent of its value. Good old Deustche Bank again. If they go, everybody goes down with it. Back between 2004 and 2007, I considered putting my money in Swiss Francs. Then I learned about the problems of Credit Suisse and UBS AG and was glad I didn't. Besides, by 2010 FATCA kicked in and many foreign banks thought it was too much of a hassle to deal with American citizens. |
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Posted: 9/29/2019 12:56:58 PM EDT
[#15]
Quote HistoryQuoted:
Pretty damn good consensus among financial guys that follow this. Red flags everywhere. Perk up - pay attention - learn and listen to what is happening. Did you know the banks had us all agree to bail-ins for the next crash ? We are also the last person (the depositors) to get paid when it does go down, if there is anything left. The news has actually been telling us, but it has been in industry lingo words like "QE" "derivatives" "repo" "stock buyback" and then the corp news media anchor person says with a straight face just after telling you that everything is and will be ok. We're being setup. What's the play here ? Nobody knows. Maybe protect your assets to a store of value so you can convert that stored value into the new system post collapse. Quote HistoryQuoted:
Quoted:
Quoted: They've all run out of money and apparently the collateral they were posting was not worthy so they have to inject themselves with free money from thin air to keep it going for a little longer courtesy of the FED. I'm fine with the latter as I find running around in circles waving my arms and shouting that the sky is falling to be excellent cardio, but maybe just a shred of backup might help your story with less trusting types. Red flags everywhere. Perk up - pay attention - learn and listen to what is happening. Did you know the banks had us all agree to bail-ins for the next crash ? We are also the last person (the depositors) to get paid when it does go down, if there is anything left. The news has actually been telling us, but it has been in industry lingo words like "QE" "derivatives" "repo" "stock buyback" and then the corp news media anchor person says with a straight face just after telling you that everything is and will be ok. We're being setup. What's the play here ? Nobody knows. Maybe protect your assets to a store of value so you can convert that stored value into the new system post collapse. |
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Posted: 9/29/2019 12:57:07 PM EDT
[#16]
Quote HistoryQuoted:
Did you really? My first school out of boot camp (USMC) was on Corry Station in Pensacola. This would be about September 1981. At the time, come payday, we were paid in cash. We always received at least one brand-new 2 dollar bill. I think it's a beautiful bill. I do wonder if I would still think so if it were commonly circulated. Quote HistoryQuoted:
Quoted:
Not true. I got $500 worth of 2 dollar bills just this past week. My first school out of boot camp (USMC) was on Corry Station in Pensacola. This would be about September 1981. At the time, come payday, we were paid in cash. We always received at least one brand-new 2 dollar bill. I think it's a beautiful bill. I do wonder if I would still think so if it were commonly circulated. |
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Posted: 9/29/2019 12:57:28 PM EDT
[#17]
Quote HistoryQuoted: Pretty damn good consensus among financial gurus that follow this. |
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Posted: 9/29/2019 12:58:27 PM EDT
[#18]
I invested in brass
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Posted: 9/29/2019 1:00:11 PM EDT
[#19]
Quote HistoryQuoted:
I invested in brass |
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Posted: 9/29/2019 1:01:26 PM EDT
[#20]
Op this needs a poll.
Is op off his meds? Is op tarded? |
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Posted: 9/29/2019 1:01:55 PM EDT
[#21]
So...the Blue Currency comes out Oct 10th?
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Posted: 9/29/2019 1:03:25 PM EDT
[#22]
Lol
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Posted: 9/29/2019 1:04:17 PM EDT
[#23]
Quote HistoryQuoted:
Sure is. They're laughing at you. Quote HistoryQuoted:
Quoted: Pretty damn good consensus among financial gurus that follow this. Either way, something IS happening behind the scenes on worldwide scale. I can only hope for the best and plan for the worst. |
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Posted: 9/29/2019 1:05:31 PM EDT
[#24]
Quote HistoryQuoted:
lol |
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Posted: 9/29/2019 1:06:23 PM EDT
[#25]
Quote HistoryQuoted: Pretty damn good consensus among financial gurus that follow this. Red flags everywhere. Perk up - pay attention - learn and listen to what is happening. Did you know the banks had us all agree to bail-ins for the next crash ? We are also the last person (the depositors) to get paid when it does go down, if there is anything left. The news has actually been telling us, but it has been in industry lingo words like "QE" "derivatives" "repo" "stock buyback" and then the corp news media anchor person says with a straight face just after telling you that everything is and will be ok. We're being setup. What's the play here ? Nobody knows. Maybe protect your assets to a store of value so you can convert that stored value into the new system post collapse. 
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Posted: 9/29/2019 1:08:09 PM EDT
[#26]
Quote HistoryQuoted:
Not true. I got $500 worth of 2 dollar bills just this past week. |
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Posted: 9/29/2019 1:10:58 PM EDT
[#27]
What's gonna happen on 10/10 ?
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Posted: 9/29/2019 1:12:03 PM EDT
[#28]
cocked locked and ready to rock.
...pretty much since y2k
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Posted: 9/29/2019 1:13:19 PM EDT
[#29]
Limited liquidity is not insolvency. We are been encouraging banks to not keep excess cash,and lend it out instead. They have responded accordingly, which has left the overnight market short on supply.
This is a sign that monitary policy needs adjustments, and not a sign of weakness on the part of banking. Banks are actually doing really really well right now. I work for one, we're having one of our best years ever and commercial loan losses / deliquencies are way down. |
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Posted: 9/29/2019 1:13:58 PM EDT
[#30]
So, does this mean we can start using vintage ink press's to make 'script' and dust off the triple beam for gold shaving?
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Posted: 9/29/2019 1:14:24 PM EDT
[#31]
Quoted:
Why is this not being talked about. Oct 10-11 is a pivitol date coming up. Massive movements in the banking world happening right now. Precious metals not in your physical possession, fiat currency in the bank, cryptos on the exchanges, 401ks, stocks etc. are all in jeopardy. FF events incoming. DC in full distraction mode. Que the Ron Paul "It's happening"  |
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Posted: 9/29/2019 1:16:30 PM EDT
[#32]
Quote HistoryQuoted:
I dunno. I got some bullets and a bunch of coal. Might go stock up on chili beans though. |
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Posted: 9/29/2019 1:17:00 PM EDT
[#33]
Quote HistoryQuoted:
What's gonna happen on 10/10 ? It was only for 1 day at 1st. Then they needed a couple of days... now it's supposedly until the 10th -ish $75billion a day for all this time is more than congress agreed to back in '08. |
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Posted: 9/29/2019 1:17:08 PM EDT
[#34]
Quoted:
Why is this not being talked about. Oct 10-11 is a pivitol date coming up. Massive movements in the banking world happening right now. Precious metals not in your physical possession, fiat currency in the bank, cryptos on the exchanges, 401ks, stocks etc. are all in jeopardy. FF events incoming. DC in full distraction mode. Que the Ron Paul "It's happening" 
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Posted: 9/29/2019 1:18:42 PM EDT
[#35]
Quote HistoryQuoted:
Going to a strip club? Quote HistoryQuoted:
Quoted:
Not true. I got $500 worth of 2 dollar bills just this past week. |
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Posted: 9/29/2019 1:20:53 PM EDT
[#36]
So do we not have to pay our bills next month? Asking for a friend.
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Posted: 9/29/2019 1:23:31 PM EDT
[#37]
Quote HistoryQuoted:
SOVIET UNION SUFFERS WORST WHEAT HARVEST IN 55 YEARS. LABOR AND FOOD RIOTS IN POLAND. SOVIET TROOPS INVADE. CUBA AND NICARAGUA REACH TROOP STRENGTH GOALS OF 500,000. EL SALVADOR AND HONDURAS FALL. GREENS PARTY GAINS CONTROL OF WEST GERMAN PARLIAMENT. DEMANDS WITHDRAWAL OF NUCLEAR WEAPONS FROM EUROPEAN SOIL. MEXICO PLUNGED INTO REVOLUTION. NATO DISSOLVES. UNITED STATES STANDS ALONE. 
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Posted: 9/29/2019 1:23:56 PM EDT
[#38]
Quote HistoryQuoted:
No. Let's believe this ridiculous claim blindly, clear out the grocery store, pop PMAGS and begin digging positions. Put the printers on overdrive and bring on the hyperinflation. |
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Posted: 9/29/2019 1:24:03 PM EDT
[#39]
So if all banks are out of money, where did the money go?
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Posted: 9/29/2019 1:26:43 PM EDT
[#40]
Did I miss a link somewhere? WTF is OP talking about?
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Posted: 9/29/2019 1:28:24 PM EDT
[#41]
Quote HistoryQuoted:
So if all banks are out of money, where did the money go? 
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Posted: 9/29/2019 1:29:41 PM EDT
[#42]
Quote HistoryQuoted:
So if all banks are out of money, where did the money go? 
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Posted: 9/29/2019 1:29:51 PM EDT
[#43]
Quote HistoryQuoted:
So if all banks are out of money, where did the money go? - and just straight stolen thugg style. |
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Posted: 9/29/2019 1:29:59 PM EDT
[#44]
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Posted: 9/29/2019 1:31:03 PM EDT
[#45]
Quote HistoryQuoted:
Oh, you’re actually serious? Quote HistoryQuoted:
Quoted: Pretty damn good consensus among financial gurus that follow this. Red flags everywhere. Perk up - pay attention - learn and listen to what is happening. Did you know the banks had us all agree to bail-ins for the next crash ? We are also the last person (the depositors) to get paid when it does go down, if there is anything left. The news has actually been telling us, but it has been in industry lingo words like "QE" "derivatives" "repo" "stock buyback" and then the corp news media anchor person says with a straight face just after telling you that everything is and will be ok. We're being setup. What's the play here ? Nobody knows. Maybe protect your assets to a store of value so you can convert that stored value into the new system post collapse. |
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Posted: 9/29/2019 1:31:33 PM EDT
[#46]
Quote HistoryQuoted:
Or we could all just enjoy/rotate our food stores and cash in our gold after things stabilize. (only slightly kidding). Put the printers on overdrive and bring on the hyperinflation. Quote HistoryQuoted:
Quoted:
No. Let's believe this ridiculous claim blindly, clear out the grocery store, pop PMAGS and begin digging positions. Put the printers on overdrive and bring on the hyperinflation. We'll boogaloo with bayonets and eat tree bark |
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Posted: 9/29/2019 1:34:45 PM EDT
[#47]
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Posted: 9/29/2019 1:37:55 PM EDT
[#48]
Quote HistoryQuoted:
SOVIET UNION SUFFERS WORST WHEAT HARVEST IN 55 YEARS. LABOR AND FOOD RIOTS IN POLAND. SOVIET TROOPS INVADE. CUBA AND NICARAGUA REACH TROOP STRENGTH GOALS OF 500,000. EL SALVADOR AND HONDURAS FALL. GREENS PARTY GAINS CONTROL OF WEST GERMAN PARLIAMENT. DEMANDS WITHDRAWAL OF NUCLEAR WEAPONS FROM EUROPEAN SOIL. MEXICO PLUNGED INTO REVOLUTION. NATO DISSOLVES. UNITED STATES STANDS ALONE. |
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Posted: 9/29/2019 1:41:27 PM EDT
[#49]
Quote HistoryQuoted:
WOLVERINES!!! Quote HistoryQuoted:
Quoted:
SOVIET UNION SUFFERS WORST WHEAT HARVEST IN 55 YEARS. LABOR AND FOOD RIOTS IN POLAND. SOVIET TROOPS INVADE. CUBA AND NICARAGUA REACH TROOP STRENGTH GOALS OF 500,000. EL SALVADOR AND HONDURAS FALL. GREENS PARTY GAINS CONTROL OF WEST GERMAN PARLIAMENT. DEMANDS WITHDRAWAL OF NUCLEAR WEAPONS FROM EUROPEAN SOIL. MEXICO PLUNGED INTO REVOLUTION. NATO DISSOLVES. UNITED STATES STANDS ALONE.  The AKM (the most common assault rifle in the world) |
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Posted: 9/29/2019 1:43:10 PM EDT
[#50]
Quote HistoryQuoted:
What's gonna happen on 10/10 ? Remember, it's only man made and man made stuff is survivable. It's an Act of Gawd that one has to worry about. |
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