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Breaking: Top Credit Rating Company Changes Outlook for US Banking to "Negative" After Biden Admin Claims....
Mar 18, 2023 12:54:00   #
fullspinzoo
 
....recent bank crashes would not affect the economy. https://100percentfedup.com/breaking-top-credit-rating-company-changes-outlook-for-us-banking-to-negative-after-biden-admin-claimed-recent-bank-crashes-wouldnt-affect-the-economy/

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Mar 18, 2023 13:05:17   #
Bruce123
 


Most Americans refuse to live in reality.
The results will be catastrophic for the middle class. A situation will present itself to the American people and they will run to it seeking peace and security.
Then that will be when the real problems start.
Never and I mean NEVER underestimate the power of denial.

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Mar 18, 2023 13:15:29   #
fullspinzoo
 
Bruce123 wrote:
Most Americans refuse to live in reality.
The results will be catastrophic for the middle class. A situation will present itself to the American people and they will run to it seeking peace and security.
Then that will be when the real problems start.
Never and I mean NEVER underestimate the power of denial.


Elon Musk says this is a set-up very familiar to what happened in 1929. If there is run on banks, even Biden (laughable) or Yellen or Powell will be able to save the day. Are we lucky that today is Saturday and the markets are not open, or will this unrest build until Monday when we see the t***h about how scared, frightened the America investing public really is?

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Mar 19, 2023 06:07:35   #
America 1 Loc: South Miami
 
fullspinzoo wrote:
Elon Musk says this is a set-up very familiar to what happened in 1929. If there is a run on banks, even Biden (laughable) or Yellen or Powell will be able to save the day. Are we lucky that today is Saturday and the markets are not open, or will this unrest build until Monday when we see the t***h about how scared, and frightened America's investing public really is?


The gold market increased by $50.50 on Friday.
Each future $1.00 equals $100.00.
A $5050.00 futures position profit.

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Mar 19, 2023 06:26:06   #
fullspinzoo
 
America 1 wrote:
The gold market increased by $50.50 on Friday.
Each future $1.00 equals $100.00.
A $5050.00 futures position profit.


I had my commodities license sometime ago working for Thomson-McKinnon Sec. I know what you are talking about. Watch it on Monday. this run on banks could have a domino effect. Will be interesting to see what happens. It's not too bad when you don't have most of your assets tied up in the market.

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