https://financialpreparedness.substack.com/p/another-bank-tanks
In conclusion, as this graphic of the Great Financial Crisis shows (zoom in), a banking/ financial crisis can take a number of months to play out, though I think the next one will happen much faster due to significantly greater debt/leverage, moral hazard, complexity, stock valuations (in the U.S.), social contagion, high frequency trading, speed of capital, mistrust of government and institutions, clueless policymakers, rampant inflation, a currency that is increasingly eschewed around the world (the U.S. dollar), a dysfunctional labor market, an (artificial) energy shortage, a failing supply chain, and war (including trade wars). Just like before a major earthquake, there are warning signs. The collapse of First Republic Bank is just a tremor, a warning sign of something much larger to come. Get prepared now.
My advice is to leave them as they are. Don't withdraw. We are all going through the same storm and Trump is telling us the best is yet to come. Q is telling us we're going back to the gold standard. When the new currency rolls out, I expect all honest American citizens that have not made money illegally or offshored it illegally will be made whole. I think the funds of the cabal and their minions will be confiscated/frozen and redistributed to those screwed by their usury system. WWG1WGA!
I agree, I think they have hoarded gold and put the rest of us on fiat. We take back their gold to "balance things" out as such
Reparations from the debt enslavers.
If you can, take a look at the POTUS and preacher speeches re Easter 2020--release from Egyptian slavery plus gifts of gold and silver from the Egyptians. (I don't know where to find that.)
They are absolutely hoarding non fiat assets
Re: SneakyWino comment: I have been trying to figure this one out over the last couple of weeks, but I don't see any easy solution. If they crash it and make our digits disappear, most of us will be in the same boat. We can't all go live in cardboard boxes.
I consider that they really should do a debt jubilee. All debts called off and start from zero.
Juan O Savin also said as much in one of his interviews in the last two weeks. Trump and team are not going to let the children and elderly fall. Those who made money legally will be made whole. I wouldnt be in the stock market personally.
u/SneakyWino No magic money is gonna get deposited into your bank account. Especially not the cabals dirty money
I agree. I dont think theres really anywhere you can move your money because everything is at risk. Cash? Worthless. Stocks and bonds? Worthless. Gold and silver? Cant carry dozens or hundreds of pounds where ever you go.
So I have diversified, drawn cash out in case of bank runs, bought metals and beans, brass and lead. Ive also bought commodities I dont really use with high barter value like cheap vodka and pot seeds along with those I will such as vegetable seeds, bic lighters (I have a couple thousand lol), water proof matches, water purifying tabs and zip loc baggies ( I have about 60 or 70 boxes of the gallon size).
Thanks for your thoughtful reply...i have done basically as you have, except for the thousands of bic lighters, lol, well i "might" have some extras if needed...appreciate the help!
Glad I'm not the only one that went hard into real world commodities.
As others are selling their cattle with the up market, I've held everything and bought some more. I just worry about having a good chunk of them in other zip codes on leased ground.
"dozens or hundreds of pounds"
Even assuming the wildly undervalued silver, 1 dozen pounds is ~4000 in today's USD. A modern phone's weight (IPhone 14, if you are curious), would be equal to ~140, too. I would think that is perfectly reasonable for an average day. I'm more worried about needing/making change, rather than the weight for a day.
When I wrote that I was thinking more in terms of a MadMax event where you carry everything you own with you.
I think your best bet is to be diversified in Cash, Silver, GME, AMC, DWAC, etc. At different times your assets are going to be worth various values. Cash is slowly losing value but you still have to keep some. Silver is holding steady but should grow in value; should jump fast when it does. Its not the easiest to use but could and should prove to be a valuable asset and probably the most stable. GME is going to the moon, but may take a while. AMC is another similar to GME. Obviously GME is the stock to not only hold but hold through Computershare. DWAC to support Trump, and hopefully to help take down the beast; Youtube and Facebook. There are may other things you can hold such as Gold, Bitcoin, other crypto, etc. They can all be good or bad. The point is to diversity now!
In my humble opinion, which is not financial advice at all. The most import things to have are silver and GME. ;)
KEK!! Are you me? Hahaha! I have invested in all but AMC. Don't know much about that one . No crypto for me. That's ridiculous
THANK YOU for this opinion, as it is exactly what i am thinking as well...seems like we who have worked our whole lives, saved for retirement, and now we are faced with what looks like a casino roulette bet on red or black...prepared as i can be, so what it's really all coming down to is: do i believe Trump will take care of us little guys like he has promised...i am placing my bet on my President Trump...that settles it!
I feel for you. My folks are in the same position as you, yet refuse to fully wake up and make their bet more safe.
Not sure how much this angle has been thought about, but hyperinflation could be a factor to finally take down the dollar/Fed system and move to new gold backed/blockchain enabled currency. So products might be available but cost to procure very high. This makes your hoarding still have value but not in the way of scarcity of goods, but in extreme cost of goods.
Exactly right.