GLOBAL BANKS / MARKETS

From "Banks":

️ I’ve always felt the Cabal Cryptocurrency market will be the Achilles heel for the rest of the Dow Jones. Drag it down. The Federal Reserve will just put a fork in it. Interest rate hike. Evergrande will bring it to ashes and smolder. The Phoenix. Dark moon phase on Sunday evening, March 19th you say? Getting that warm, fuzzy feeling. Bring in the Rods of God already.
AmericanPatriot(@ColdWarPatriot)

Replying to [ltr]@SHOCKS_SS[/ltr], [ltr]@craigcowboy[/ltr], and 1 more

Only keep what you need in these crumbling corrupt institutions to continue withdrawing what is not needed to operate in the currency system.
Keep 5-10k on hand in small denominations in case of outages or robbery from banksters.
Sell all stocks possible, split the extra cash and Buy Silver Eagles and #XRP from Uphold.com
My .02 Cents keep the Hope & Change!
(Not a financial advisor)
@Tommymac171
@craigcowboy

https://uphold.com/

Gold standard coming

https://www.tiktok.com/@supreme_being_17/video/7193520040656882986

Did you catch the post on taking (draining) the gold from COMEX and that
this is good and necessary?

[size=15]Vincent Kennedy



@VincentCrypt46


[/size]

[size=17]Fooked

#TheGreatDefault

vid: https://twitter.com/VincentCrypt46/status/1634235263265193984?cxt=HHwWgIC2pYeU_K0tAAAA[/size]

I honestly hope Jim Cramer has been getting paid to lie all this time, because nobody should be so stupid.
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watcher.Guru
@WatcherGuru
Mar 10

One month ago, Jim Cramer urged investors to buy Silicon Valley Bank stock $SIVB.

Today, the bank was closed by California regulators, making it the 2nd largest banking failure in US history.

vid https://twitter.com/WatcherGuru/status/1634246217226919937?cxt=HHwWgoCx1dSRga4tAAAA

Crypto exposure from SVB:
-------------------------------------

@808_CryptoBeast

Avalanche Foundation, Pantera, Yuga labs, Nova labs(Helium), circle, block fi. I’m sure many more

Here's an easy to follow breakdown of how SVB broke down.

https://twitter.com/tomharari/status/1634577626038964227

There has been enough Patriot chatter to CAUSE the same thing to happen to
bank of America.  hmmm.  Depositors pull their money and down goes the bank.

[size=15]Gold Telegraph 



@GoldTelegraph_

·
Mar 10

[/size]
The CEO of Silicon Valley Bank has been removed from the board of directors at the Federal Reserve Bank of San Francisco.

The circus has come to town.
-----------------------------------

Break them we must.
This is what it looks like. We're seeing it.

Superintendent Adrienne A. Harris announced today that the New York Department of Financial Services (DFS) has taken possession of Signature Bank, pursuant to Section 606 of New York Banking Law, in order to protect depositors. DFS appointed the Federal Deposit Insurance Corporation (FDIC) as receiver of the bank. 


Signature Bank is a New York state-chartered commercial bank and is FDIC-insured, with total assets of approximately $110.36 billion and total deposits of approximately $88.59 billion as of December 31, 2022.


·1h


Signature Bank of New York has just collapsed
Signature Bank was a New York state-chartered commercial bank and is FDIC-insured, with total assets of approximately $110.36 billion.
https://www.dfs.ny.gov/reports_and_publications/press_releases/pr20230312

Mr Pool knew..

Banks Not Safe

Quote Tweet

ELITE$
@ELITES007
13h
Insider here...
A wave of bankruptcies of major financial institutions is expected next week. Planned chaos.
----
@ELITES007
Mar 11


Black Monday is coming for the Markets.
You have to prepare for the crash and get yourself in shape. Don't drive.
======================

Watcher.Guru
@WatcherGuru
9h

JUST IN: US banks have over $620 billion in unrealized losses, FDIC says.
===============
kimdotcom
The world is dumping US Treasuries. Raising new debt is now difficult for the US Govt. The last tool is money printing on the backs of other nations. That’s why many nations don’t want the US dollar as a reserve currency anymore. The US is exporting inflation to the world. #Broke

======================




[size=15]Genevieve Roch-Decter, CFA



@GRDecter

·
3h

[/size]

BREAKING: GOVERNMENT ANNOUNCES THAT ALL SILICON VALLEY BANK DEPOSITORS WILL HAVE FULL ACCESS TO THEIR FUNDS TOMORROW

[size=15]Bill Ackman



@BillAckman


[/size]

[size=17]This was not a bailout. During the GFC, the gov’t injected taxpayer money in the form of preferred stock into banks. Bondholders were protected and shareholders were diluted to varying degrees. Taxpayer money was put at great risk. Many people who screwed up suffered minimal to no consequences. Those were bailouts.

Here, shareholders and bond holders have been wiped out. The
@FDICgov
insurance fund capitalized by premiums paid by banks will absorb any losses. The fund will recoup any losses by assessing more premiums on the banks.

Had the
@FDICgov

@USTreasury
and
@federalreserve
not intervened today, we would have had a 1930s bank run continuing first thing Monday causing enormous economic damage and hardship to millions.

More banks will likely fail despite the intervention, but we now have a clear roadmap for how the gov’t will manage them.

Bank boards and managements have received a massive wake up call. Being a director or CEO of a bank that fails is no fun: years of litigation, regulatory investigations, personal liability, potential civil and criminal charges, and enormous reputational damage.



CONTD[/size]

Our gov’t did the right thing. This was not a bailout in any form. The people who screwed up will bear the consequences. The investors who didn’t adequately oversee their banks will be zeroed out and the bondholders will suffer a similar fate.

Importantly, our gov’t has sent a message that depositors can trust the banking system. Without this confidence, we are left with three or possibly four too-big-to-fail banks where the taxpayer is explicitly on the hook, and our national system of community and regional banks is toast.

Our government did the right thing for the country. We are very fortunate it did so.
----
HERE HE IS IN A 2 MIN BLURB..
https://twitter.com/WOLF_Financial/status/1635107464478879745

SO, who is he?  And why is he in favor of preserving the system?


William Albert Ackman (born May 11, 1966) is an American billionaire investor and hedge fund manager. He is the founder and CEO of Pershing Square Capital Management, a hedge fund management company. His investment approach makes him an activist investor. As of 2023, Ackman's net worth was estimated at $3.4 billion by Forbes.

(fancy that.      )(and did he say 'our' Janet Yellen? 4 listens and it sounds like it.  Of course his voice is a little shaky. lol)
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(it seems to me pulling our money-as a vote of no confidence-will help break them)

Get out of the way.  Take prep precautions, and enjoy the show.  

[ltr]@RealSGAnon[/ltr]
·24m


#SiliconValleyBank was given a spot on “Forbes Financial All-Stars” 2 days before it crashed, and just 1 day before Moody’s downgraded the Bank’s outlook to ‘Negative’.
And this happened after the Bank’s Executive team had been in private talks with Goldman Sachs, and flown to New York City to meet w/ Moody’s and other Ratings firms. SVB KNEW the downgrade was coming before the Forbes ranking.
At the same time, Cramer advised people SVB was “Safe” in the last 2 weeks.
Do you see a pattern?
---