Largest ever 1 week outflow of deposits of -$129B from Large Banks last week (WE 3-24-23)
(media.greatawakening.win)
💥 BANK COLLAPSE 💥
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FRIDAY, MAR 31, 2023 - 03:38 PM; "Large US Banks Saw Record Deposit Outflows Last Week, Small Bank Outflows Stall": https://www.zerohedge.com/markets/large-us-banks-see-record-deposit-outflows-small-bank-outflows-stall
Good information, everyone should be stocking up on everything!
Your welcome
We bailed on Wells Fargo
I’m draining bank accounts every Thur afternoon/Fri morning in anticipation of Friday “bank holiday”. Moved everything to credit unions.
I took quite a bit out of Citizens Bank :)
Are the cops looking for you😆
ha, hopefully not! it was supposed to be my own and it didn't require a gun, kek
Lol
The deposits must be going into 1. short-term Treasuries, 2. Gold and Silver, 3. Bitcoin, 4. Credit Unions, 5. Property purchases, or 6. "The mattress" (private safes of cash); Net loss of deposits for both Large and Small banks indicates people are starting to get the message that they need to GET OUT of FIAT.
Yes you can see the money pouring into Bitcoin, big mistake in my book , but to each his own.
Decentralized crypto held in private hardware wallets (off computer/internet) now getting used to buy silver Eagles. Bitcoin intended for elites while CBDC (Centralized Bank Digital Currency) for the slaves.
Agreed, silver started rising March 8/9 coming off a large dip. That was the Monday after SVB. Some of the bullion dealers I order from are backed up on shipping weeks in some cases. That was not the case just a week or two ago. I look at their websites daily, it’s an addiction, and I see the inventory going in and out of stock pretty rapidly in some cases.
Stocks and crypto started moving up and they may be a huge opportunity atm but frankly I think things that don’t exist or can evaporate faster than I can rip a fart are risky in such a volatile environment.
Took $9,000 out for home improvement. Trading the imaginary for the real.
Real assets or tools that can be used to build/repair better than fiat, imo. Also, fuel can be stored for 2 years with stabilizer.
https://www.texmetals.com/ira-rollover
I actually feel bad giving fiat for silver
Silver is most underpriced asset in history of universe right now, imo.
My local coin shop has lines out the door the have both gold and silver but said if you are buying....now rather than later
They will get caught up with the surge and you will likely get another opportunity to buy in June/July before the full financial collapse in Sep-Oct timeframe.
I have no debt except very small mortgage..I have a year's worth of non perishable food..months of ice mountain water and a chest freezer full of amish beef and a whole pig..plus lots of fishing tackle Just hoping my bank will take silver for mortgage
I'm gonna buy some more now..price is moving up..clif high says crash sooner...aliens in sept lol
Get your fill. 1 kg Silver bars and silver rounds work as well if you want to bypass the silver eagle premiums.
Silver dealers take about 4 weeks to deal with these surges, and then inventory comes back into stock as silver gets pulled out of vaults. We may have 1 or 2 more surges in demand before all the available silver is gone. We need to see stair-step price increase to sustain the supply to meet the demand.
If an industrial buyer steps in and buys a big chunk of silver to ensure their own supply, then it might be 3 months for supply recovery after that.
Do you think banks ang grocery stores will accept metals for payment?
Unknown. If they are local and get set their own policy, possibly. Corp chains going to try to force CBDC or cashless probably. We going to have to put them on notice via notice of "civil and criminal liability" ahead of time if they try to do CBDC or cashless so they know they getting sued if they try that BS.
Don't feel bad, that's the best move.
Bad for the dealer no me lol
🤣dealer will be alright🤣