The best response is frankly to buy stock in the evil companies that the evil people will not allow to fail. Short it while it falls, grab it low, and become shareholders.
Cant eat those. Can't drink 'em either. Can't get high on 'em to forget how shitty the world is. And you can only load them into a gun with great effort.
Buy hard liquor. Buy concentrated nicotine liquid. Buy THC gummies. Buy boolats (even if you don't own a firearm) Buy packs of clean underwear. Buy canned meat. Buy water filters.
No one's going to give a shit about your gold and silver when they're starving to death, stuck drinking contaminated water, getting raided by dindunuffins, walking around in underwear with a hole in the crotch, or jonseing for their favorite addiction.
Booze, weed, and porn are your best barter items. Between the drunks, stoners, and the coomers, those are the things that will keep them occupied, in a stupor, and away from your house (as long as you don't let them know where you live, obviously).
Using ammo for barter means giving someone the means to steal from you later when your guard is down. Same with bartering off any weapon: knives, arrows, actual firearms/bows(!), and the like.
I skip all that and buy premium ass wipes. Have enough for a small platoon of soldiers. No one is going to want swamp ass when they are simultaneously fighting for their life.
You are correct. Gold and silver come to play once economic sanity begins to reestablish itself. In the initial aftermath, self-defense, water, food are first priority, then useful and/or addictive items become 2nd priority.
My father told me that when I made the suggestion. He was backed up by my grandfather. They told me how silly I was, that gold was a terrible investment, that I shouldn't be saying such things with no world experience.
Now they just get angry and tell me to shut up if I bring it up.
It’s not a terrible investment, but it’s typically not the best, though it’s been pretty good over the last 20 years. The annualized return since 2000 is about 9.6%. Lower when adjusted for inflation. Even lower if you go back further, and look at the return over the last 50 years.
I'm just making the point that the conventional wisdom is "don't buy gold" and gold has quadrupled in value since I started watching gold, and talking to my family about maybe buying gold.
Silver spot-price was between $4 and $5 per ounce back in 1992-3. It could well clear $25/oz by end-of-week, and $40/oz by end-of-month at this rate.
There is of course market manipulation, but it does always go up... just note that we're talking long, long horizons here. Also note that if I bought AAPL in 1993 and sold it today, I'd have a fuckload more money out of the deal.
Gold and Silver would be a solid investment if you could buy it at spot price. The problem is that you pay a premium when you buy it, so you are basically buying at a loss and hoping it goes up more than the premium you paid. Most hard asset investing the buyer is looking to buy at a discount from market value and that rarely happens with gold/silver. With most hard asset investing you make your money when you buy, not when you sell.
I guess historic precedent means nothing? Five thousand years of use? Over 10,000 industrial uses, second only to oil? Amazing, another moron in this thread..
Invest however you want. It's your money. Most people who invest in gold don't possess gold, so in a financial disaster they'll have nothing. Gold is crazy high right now, so is buying high a good investment?
Buying high is better then having nothing of value. But you have to physically own the metal. If you don't physically have it, you don't own it. Obviously they manipulate the price of metals in order to keep fiat currency #1. They can manipulate the price until they can't. Why are China/Russia hoarding silver and gold big time? They own massive quantities of it and are STILL buying it as we speak. That's because sooner or later, a new financial paradigm is going to be implemented and having those things are going to be of immense value. Don't listen to me, look at what THEY'RE DOING.....That speaks volumes...
You aren't wrong about the long term future of precious metals, but buying high is a poor investment. Myself? I'm investing in lead, brass, and land. People should buy 5 chickens before they buy gold.
Yeah, the whole point of causing an econokic collapse is for outsiders and sharks to snap up companies that already have infrastructure for pennies. Why do you think so many companies started going leftoid after 08? Fucking leftoids bought them while they were low, took control.
I'm not talking about buying shares in banks, and my advice 2 months ago would have been "wait for someone to knock the kick stand out from under the bike, then buy google and amazon when the dust settles".
"Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose." ~John Maynard Keynes, 1919
The only "solution" they have is the only tool that they have: raise interest rates and spike prices until everyone is too poor to buy things. None of their financial theory means shit when they only have 1 tool at their disposal and failed at every opportunity to use it until it was too late.
Here is the problem. Bail out depositors? Sure. You can argue against it, but the idea of making sure people don't lose their live savings over $250,000 isn't a much better use of money then throwing it to Ukraine or whatever.
But this bank did quite a bit of horseshit with VCs.
So, VC says "Give me a 50 million dollar loan for this startup, even though it is very high risk, trust us, we're going to make it work and get government contracts, and the fact we get the funding makes the startup legit."
Bank says "Uh, OK, but you have to keep the money in the bank."
VC: "No problem."
So the bank gives out a loan, but then their deposits go up so they can loan MORE!
If the government covers all accounts past the 250k limit, technically, they aren't bailing out SVB investors, but they ARE bailing out all the people who caused this problem by using SVB for odd-but-legal investment funding.
I don't think fractional reserve banking works that way... If you could simply deposit the money you loaned out, then the 10:1 stipulation would allow you to loan out infinite money. Or maybe banking regulations are actually that stupid.
If you’re stupid enough to have more than the FDIC limit in a single savings account then by golly you deserve to lose it all. It’s common knowledge to never go above that.
That's right! They're going to print more money (which reduces the value of the American currency) to bail out the banks and their crappie investment schemes based on the political B.S. that's destroying the economy in the first place. Sure looks like another ponzi scam.
You ask how many police stations China has in Canada - you should be asking is how many police stations from China are located in the US. For sure, San Fransisco, L.A., and New York have Chinese police stations.
We're again witnessing why exactly why Bitcoin was invented, after the crash of 2008.
For those that conflate Bitcoin and the other thousands of cryptocurrencies don't have any understanding of either. I suggest to watch any of the hundreds of videos by Michael Saylor explain in great detail how it works.
Bitcoin is impenetrable, immutable, cannot be replicated or hacked. There is a finite amount of BTC, there can never be not even 1 more. There is no issuer of BTC; it is fully decentralized, unlike the other cryptocurrencies that are controlled by the software engineers that can create them out of thin air.
BTC is the answer to true financial freedom, away from the current central banking system we are watching rob people blind. You owe it to yourself to take the time to study it, here is one MS video talking about BTC vs real estate as long term stored of value -
They will simply backstop everything with more money, taking over the entire banking industry. Riddle me this. Right now the fed is a private conglomerate of banks. If enough banks fail and the government intervenes, if that intervention includes a majority of banks in the fed, does the government take de facto control of the fed? What would the implications be? If you take over a company you money to, who gets paid?
I say we let the whole banking system just collapse and when the people feel what the people felt 1930s they want to allow it to happen again for Generations unfortunately people don't learn until it's actually in their face
Collapse is coming.
The best response is frankly to buy stock in the evil companies that the evil people will not allow to fail. Short it while it falls, grab it low, and become shareholders.
i picked the wrong week to stop sniffing glue
Looks like I picked the wrong week to quit amphetamines.
I picked the wrong week to stop getting raped.
Climate raped
crepe
Crepe ape
dad?
I picked the wrong week to give up whippets
I wear a mask so i can drive and sniff glue .
It's called science
Try spray paint. Specifically gold color.
Maybe Ukraine can bailout bank? Hell we are even paying their retirements the don’t Even do this for Americans
Use chrome, it makes you shiny and new.
There's a sale at Penny's!!!
Alright boys, let's take some pictures.
Gold, silver.
Cant eat those. Can't drink 'em either. Can't get high on 'em to forget how shitty the world is. And you can only load them into a gun with great effort.
Buy hard liquor. Buy concentrated nicotine liquid. Buy THC gummies. Buy boolats (even if you don't own a firearm) Buy packs of clean underwear. Buy canned meat. Buy water filters.
No one's going to give a shit about your gold and silver when they're starving to death, stuck drinking contaminated water, getting raided by dindunuffins, walking around in underwear with a hole in the crotch, or jonseing for their favorite addiction.
ok so every week ill put $200 towards fresh undies, plastic bottled liquor, and vape juice. GOT IT!
Cheap liquor's gonna be good currency.
I'd keep the water filters and food for yourself.
Im investing 100% into soy. Ill have these bitches doing whatever i want
I just put $20,000 into wolf cum. I know it's a niche investment, but I still expect a return.
Q predicted this.
🤣
Booze, weed, and porn are your best barter items. Between the drunks, stoners, and the coomers, those are the things that will keep them occupied, in a stupor, and away from your house (as long as you don't let them know where you live, obviously).
Using ammo for barter means giving someone the means to steal from you later when your guard is down. Same with bartering off any weapon: knives, arrows, actual firearms/bows(!), and the like.
And a shitload weed.
ikr
I skip all that and buy premium ass wipes. Have enough for a small platoon of soldiers. No one is going to want swamp ass when they are simultaneously fighting for their life.
Can I come over?
Are you cool with liquor soaked in plastic that's dyed with caramel coloring?
You had me at liquor.
i had myself at fresh whitey tighties
“dindunuffins, walking around in underwear with a hole in the crotch.”
I don’t need any more preps cuz I just died laughing.
It’s a good medium of trade and can be used for electronics, medicine, ect..
Or just grow and trade food. Let’s trade everything.
"getting raided by dindunuffins, walking around in underwear with a hole in the crotch"
Are you going to throw them new underwear, like chaff?
Good plan 👍
Dindus wear underwear?
That's what the pew pews wuz for.
You are correct. Gold and silver come to play once economic sanity begins to reestablish itself. In the initial aftermath, self-defense, water, food are first priority, then useful and/or addictive items become 2nd priority.
The only reason gold and silver are so high is because people keep throwing money at gold and silver.
Gold has quadrupled in price since I was first told at the age of 14 that gold is a bad investment and nobody smart buys gold.
Were you given that advice by UK chancellor Gordon Brown, by chance. He sold over half our gold at a 20 year low.
My father told me that when I made the suggestion. He was backed up by my grandfather. They told me how silly I was, that gold was a terrible investment, that I shouldn't be saying such things with no world experience.
Now they just get angry and tell me to shut up if I bring it up.
It’s not a terrible investment, but it’s typically not the best, though it’s been pretty good over the last 20 years. The annualized return since 2000 is about 9.6%. Lower when adjusted for inflation. Even lower if you go back further, and look at the return over the last 50 years.
I'm just making the point that the conventional wisdom is "don't buy gold" and gold has quadrupled in value since I started watching gold, and talking to my family about maybe buying gold.
Silver spot-price was between $4 and $5 per ounce back in 1992-3. It could well clear $25/oz by end-of-week, and $40/oz by end-of-month at this rate.
There is of course market manipulation, but it does always go up... just note that we're talking long, long horizons here. Also note that if I bought AAPL in 1993 and sold it today, I'd have a fuckload more money out of the deal.
It's simple supply and demand. Everyone is pushing gold lately.
Gold and Silver would be a solid investment if you could buy it at spot price. The problem is that you pay a premium when you buy it, so you are basically buying at a loss and hoping it goes up more than the premium you paid. Most hard asset investing the buyer is looking to buy at a discount from market value and that rarely happens with gold/silver. With most hard asset investing you make your money when you buy, not when you sell.
This pony soldier knows how to invest.
I guess historic precedent means nothing? Five thousand years of use? Over 10,000 industrial uses, second only to oil? Amazing, another moron in this thread..
Ouch. Harsh.
Invest however you want. It's your money. Most people who invest in gold don't possess gold, so in a financial disaster they'll have nothing. Gold is crazy high right now, so is buying high a good investment?
Just a moron's opinion.
If you don't hold it, you don't own it.
Bingo!
Now do the stock market
Buying high is better then having nothing of value. But you have to physically own the metal. If you don't physically have it, you don't own it. Obviously they manipulate the price of metals in order to keep fiat currency #1. They can manipulate the price until they can't. Why are China/Russia hoarding silver and gold big time? They own massive quantities of it and are STILL buying it as we speak. That's because sooner or later, a new financial paradigm is going to be implemented and having those things are going to be of immense value. Don't listen to me, look at what THEY'RE DOING.....That speaks volumes...
You aren't wrong about the long term future of precious metals, but buying high is a poor investment. Myself? I'm investing in lead, brass, and land. People should buy 5 chickens before they buy gold.
You misspelled brass
I feel you on that last statement. It’s so hard to stay not drinking in these crazy times.
I buy the booze, but I save it for barter. ;)
No. They will let them drop to nothing before they get them going again. Just look at C in 2008. The ROI is nil.
Yeah, the whole point of causing an econokic collapse is for outsiders and sharks to snap up companies that already have infrastructure for pennies. Why do you think so many companies started going leftoid after 08? Fucking leftoids bought them while they were low, took control.
Need a comprehensive guide to this
If you followed his advice for SVB bank - you would have paid $43 billion 2 months ago.
Today you would have $1.20.
Banks have massive liabilities and have been managed by diversity hire morons.
I'm not talking about buying shares in banks, and my advice 2 months ago would have been "wait for someone to knock the kick stand out from under the bike, then buy google and amazon when the dust settles".
I have the solution!!!!
SEND $150 BILLION DOLLARS TO UKRAINE!!!!
That will fix everything!
150 billion? those are rookie numbers
(per ticker)
You're kidding yourself if you think 150 billion to Ukraine will solve this.
We also need to make the leadership of the Treasury as gay and black as possible. That's the only way we will be saved
YOU FORGOT TRANS!!! REEEEE!!!!!!!
RACCCIIIst Whadabout Them and They's and Wormkin you NAZI!
. .
/s these people need sterilization
They’re sterilizing themselves with trans hormone replacement therapy and COVID boosters.
Make sure to add some equity and inclusion to the mix.
I said $100 billion last night, but you're right it needs to be at LEAST $150 billion, probably more.
I'm sure they are already on it.
On it like a bicycle with no seat
"government plan" = bleed the taxpayers.
This has always been the plan.
Usually the US has a plan: WAR
When all else fails.
Except it wasnt the government... It was the FED that unilaterally decided for the government. Just shows who really runs things.
Woah there, cool it with the anti-semitisim!
The people we elect into office aren't the government. The banking cartel is.
"Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose." ~John Maynard Keynes, 1919
Cut off the chickens head and the body ran around and landed on Bail Out again I see...
https://youtu.be/wz-PtEJEaqY
Controlled decline. Destroy us slowly. Profit what they can
The final destruction of the country, raid the treasury, collapse the economy. The time is coming quickly. China is drooling.
The only "solution" they have is the only tool that they have: raise interest rates and spike prices until everyone is too poor to buy things. None of their financial theory means shit when they only have 1 tool at their disposal and failed at every opportunity to use it until it was too late.
Accelerate.
Stolen elections have consequences
The consequences we're seeing now is the reason they stole the election.
All by design. Obama is loving this.
Dollars to donuts the corrupt regime and state media will be pushing digital currency hard after this "surprise" bank collapse.
Who could have seen this coming!?
No, you can't look at my recent stock sales
Here is the problem. Bail out depositors? Sure. You can argue against it, but the idea of making sure people don't lose their live savings over $250,000 isn't a much better use of money then throwing it to Ukraine or whatever.
But this bank did quite a bit of horseshit with VCs.
So, VC says "Give me a 50 million dollar loan for this startup, even though it is very high risk, trust us, we're going to make it work and get government contracts, and the fact we get the funding makes the startup legit."
Bank says "Uh, OK, but you have to keep the money in the bank."
VC: "No problem."
So the bank gives out a loan, but then their deposits go up so they can loan MORE!
If the government covers all accounts past the 250k limit, technically, they aren't bailing out SVB investors, but they ARE bailing out all the people who caused this problem by using SVB for odd-but-legal investment funding.
Isn't that just a roundabout way of calling it "Money Laundering?"
I don't think fractional reserve banking works that way... If you could simply deposit the money you loaned out, then the 10:1 stipulation would allow you to loan out infinite money. Or maybe banking regulations are actually that stupid.
Leveraged 90:1. Yes they are that stupid.
If you’re stupid enough to have more than the FDIC limit in a single savings account then by golly you deserve to lose it all. It’s common knowledge to never go above that.
Most of the big money is businesses, not individual people.
Businesses can and should buy insurance above the 250k FDIC limit if they’re gonna do business that way b
And if they don’t I don’t feel any sympathy for them since they can chapter 11 bankruptcy all their debt away.
Great, I'm glad the Government has a plan! 😐
That's right! They're going to print more money (which reduces the value of the American currency) to bail out the banks and their crappie investment schemes based on the political B.S. that's destroying the economy in the first place. Sure looks like another ponzi scam.
You ask how many police stations China has in Canada - you should be asking is how many police stations from China are located in the US. For sure, San Fransisco, L.A., and New York have Chinese police stations.
Kick them the fuck out!
Bank Term Funding Program is the same con as PPL loans were during the plandemic.
So, it's another hidden tax.
Yes, the thievery will continue until morale improves, and well beyond.
The dollar was doomed when it was weaponized against the rest of the world.
The problem is how imaginary our currency/banking really is, it's held up by faith and delusion. When we go, the entire world will follow
Babylon
A bailout that isn't a bailout: Depositors get their money out, but nothing else is covered. So the bank as a whole will be gutted under FDIC control.
That's how bankruptcies work. Shareholders get wiped out
We're again witnessing why exactly why Bitcoin was invented, after the crash of 2008.
For those that conflate Bitcoin and the other thousands of cryptocurrencies don't have any understanding of either. I suggest to watch any of the hundreds of videos by Michael Saylor explain in great detail how it works.
Bitcoin is impenetrable, immutable, cannot be replicated or hacked. There is a finite amount of BTC, there can never be not even 1 more. There is no issuer of BTC; it is fully decentralized, unlike the other cryptocurrencies that are controlled by the software engineers that can create them out of thin air.
BTC is the answer to true financial freedom, away from the current central banking system we are watching rob people blind. You owe it to yourself to take the time to study it, here is one MS video talking about BTC vs real estate as long term stored of value -
https://www.youtube.com/watch?v=9jsmGd9puYU
How can you prove this?
How will the Rothschild family profit from this?
"Here's how the government plans to..." That's all I needed to read. I know the outcome.
They will simply backstop everything with more money, taking over the entire banking industry. Riddle me this. Right now the fed is a private conglomerate of banks. If enough banks fail and the government intervenes, if that intervention includes a majority of banks in the fed, does the government take de facto control of the fed? What would the implications be? If you take over a company you money to, who gets paid?
A Giant Sucking Sound
TLDR
Joe Biden is going to email every American that one "This is fine" meme with the dog.
Why not just take out all our money, the government will replace it, presto, money supply unlimited
I say we let the whole banking system just collapse and when the people feel what the people felt 1930s they want to allow it to happen again for Generations unfortunately people don't learn until it's actually in their face
China buy out incoming
They're probably already past the point where $25B will be enough.
This must be what September 19th, 1977 felt like in Youngstown , Ohio.