SVB Failed! Silicon Valley Bank.

[CB750F]

Divide et impera!
Are pitch forks on sale anywhere?

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[CB750F]

I think the parking lot full of vehicles at my credit union is actually worse news. Never see more then 2 or 3 cars in there midweek.

Your probably right, but it's all the same nightmare.

 

[AzScorpion]

What about Ford stock - down 4% are they dabbling in crypto -


no wait even worse they are heavily invested in EVs.

?

 

[CB750F]

Just wondering, is this what they call an organized selloff?

 

[AzScorpion]

Just wondering, is this what they call an organized selloff?

All these bobbleheads kept saying the markets are fine and we're going to have a "soft landing". Granted it "might" have been possible before these bank failures but I still doubt it. This has been brewing for a while now and I'm so glad I have nothing in the markets. But this will be a good time to capture some nice gains on the upswing once the dust clears like after the '08 fallout.

 

[CB750F]

All these bobbleheads kept saying the markets are fine and we're going to have a "soft landing". Granted it "might" have been possible before these bank failures but I still doubt it. This has been brewing for a while now and I'm so glad I have nothing in the markets. But this will be a good time to capture some nice gains on the upswing once the dust clears like after the '08 fallout.

No need to worry:

Well, maybe?

 

[TJC]

Here you go! Follow the Money!

A massive move to the big banks. Easier to implement Digital $$ with small and regional banks gone. You only have to threaten and control a few corporate heads....

AND a massive wealth transfer to the elite. We are witnessing a consolidation of $$ and power.

Too-Big-To-Fail Banks Flooded With Deposits As Bank Run Drains Small Bank Of Cash

 

[CB750F]

Here you go! Follow the Money!

A massive move to the big banks. Easier to implement Digital $$ with small and regional banks gone. You only have to threaten and control a few corporate heads....

AND a massive wealth transfer to the elite. We are witnessing a consolidation of $$ and power.

Too-Big-To-Fail Banks Flooded With Deposits As Bank Run Drains Small Bank Of Cash

Yea, I saw that, don't you love Zerohedge?
Keep in mind Tyler has his agenda.

 

[TJC]

Don't be fooled by parties. Look when Obama came in, I had hope, after 8 yrs of baby Bush with unfunded wars... So what changed with Obama? Nothing really, went from Greenspan, Bernake, Yellen & Powel. Their all the same, when you say follow the $ your absolutely right, the party in power makes no difference.

Both parties have been captured. As have governments at all levels.

 

[TJC]

Yea, I saw that, don't you love Zerohedge?
Keep in mind Tyler has his agenda.

Everyone has a an agenda. Eyes wide open.

 

[underwhelmed]

Both parties have been captured. As have governments at all levels.

Government bureaucracies exist only to help themselves to more money and power. Government is not your friend...

 

[dtech]

All these bobbleheads kept saying the markets are fine and we're going to have a "soft landing". Granted it "might" have been possible before these bank failures but I still doubt it. This has been brewing for a while now and I'm so glad I have nothing in the markets. But this will be a good time to capture some nice gains on the upswing once the dust clears like after the '08 fallout.

question is when will it hit bottom ? seems more declines in store, the past few months have seen numerous short lived bear market rallies. I did well buying Citigroup in 2009 - but had advice from a relative in the financial industry that provided what proved to be good advice.

 

[CB750F]

question is when will it hit bottom ? seems more declines in store, the past few months have seen numerous short lived bear market rallies. I did well buying Citigroup in 2009 - but had advice from a relative in the financial industry that provided what proved to be good advice.

50% drop, so S&P about 2200 for a normal bear market.
When? Could be next yr so up & down for a full yr?
Could also be like the 70's or early 80's when it went down to come up & looks like clear sailing only to drop again.

 

[Fordup]

I have a funny feeling that throwing crypto in the mix will change everything we have seen in history.

 

[CB750F]

I have a funny feeling that throwing crypto in the mix will change everything we have seen in history.

When liquidity dries up, so will crypto.
It is holding well so far.

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