Huge bank losses in the markets

[PlunkettsGhost]

Yes, 50 billion.

Funny money. Bailouts will not solve inflation. Good news for silver and gold

 

[PlunkettsGhost]

The ECB just raised rates. The banking sector is all over the map. You can't do bailouts and raise rates to solve inflation. Two opposing horses pulling the ends of the same rope.

 

[PlunkettsGhost]

View: https://twitter.com/clif_high/status/1636374322569945088

 

[Declan]

Wow, the cat is amongst the pidgens now.

 

[Declan]

I am well loaded with call options in silver and the miners. Long shorts of about 90 days. But if not now, then when.

I feel we are one big bank away from outright panic.

 

[clarke-connolly]

View: https://twitter.com/clif_high/status/1636374322569945088

Imagine being daft enough to ~ ~ Trust The Americans on anything.

 

[PlunkettsGhost]

View: https://twitter.com/wavechaser2024/status/1636358974973911044

 

[PlunkettsGhost]

Similar stories of LGBT degeneracy at the other 2 recently failed banks

 

[PlunkettsGhost]

Zerohedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

 

[PlunkettsGhost]

Pippa "Pips" Bunce (born Philip Bunce) is a British banking executive. Bunce, who is non-binary and genderfluid, is a senior director at Credit Suisse. They serve as the Head of Global Markets Core Engineering Strategic Programs and as the Co-Chair of the LGBT Ally Program at Credit Suisse

Burn it all to the ground

#Accelerationism

 

[clarke-connolly]

View: https://twitter.com/wavechaser2024/status/1636358974973911044

I mean = = Why not have Mentally Unstable People Running Banks = = It's NOT as if it's an important job or anything

 

[Fishalt]

Inflation is caused by government printing money above requirements in the economy. They say it is caused by
other things, but no, if money was not printed there could be no inflation; The current latest CPI in the US is

6.1 %

I assure you that real inflation is substantially higher than 6.1% in the US. Remember, CPI although a very good metric, doesn't catch everything in the basket, and to get a clearer picture of things you have to look at PPI also.

The price of heating oil in the EU has nothing to do with oversupply of the Euro in circulation.

If no money was printed, you would get catastrophic deflation, which is bad or worse than inflation.

 

[Fishalt]

The ECB just raised rates. The banking sector is all over the map. You can't do bailouts and raise rates to solve inflation. Two opposing horses pulling the ends of the same rope.

Now that we do agree on.

 

[jpc]

View: https://twitter.com/clif_high/status/1636374322569945088

The realisation that "Fuck the EU " isn't a one off mindset still hasn't permeated through.
Then Europe is a servile vassal of the US.

 

[jonp 1000 years of ire...]

"Gender Fluid" Director of Credit Suisse Draws Scrutiny as Bank Collapsing

As the world watches the stock value of Credit Suisse implode, people are asking how this could happen. That question is causing attention to be...

halturnerradioshow.com

 

[jpc]

"Gender Fluid" Director of Credit Suisse Draws Scrutiny as Bank Collapsing

As the world watches the stock value of Credit Suisse implode, people are asking how this could happen. That question is causing attention to be...

halturnerradioshow.com

Moral of the story.
Stay off any fluids at work except water and tea!

 

[Declan]

Looks like it is going to be an exciting weekend.

The only thing that is keeping the system intact is the fact that regular people are too stupid to know whatvis going on.

 

[PlunkettsGhost]

Looks like it is going to be an exciting weekend.

The only thing that is keeping the system intact is the fact that regular people are too stupid to know whatvis going on.

The entire system has been bamboozling Jill and Joe for decades, and will continue to do so.

George Gammon describes how broke America is here:



View: https://www.youtube.com/watch?v=7zduYNc5Ssk

 

[Myles O'Reilly]

Sharon Stone broke down in tears on stage saying she lost half her money in this thing.

I'm sure she still has a few mill to get her over it.

 

[Fishalt]

Looks like it is going to be an exciting weekend.

The only thing that is keeping the system intact is the fact that regular people are too stupid to know whatvis going on.

Declan I wouldn't be overly bullish on bank collapses. Most--the vast majority of them are not SVB, which was so bad that around 80% of its assets were toxic bonds that were totally uninsured and not backed by liquidity. Basically they were running almost entirely on leverage that was backed by absolute garbage. This isn't to say that there isn't a shit tonne of unrealised losses on the books of other banks floating out there in the finance universe, but I'd be very, very surprised if DB was holding anything close to what SVB was. Even CS hasn't been nearly a reckless.

Additionally I'd be careful with silver bonds. I don't think those contracts you've got are terrible bets but trying to time them so you don't get turkey-slapped by theta will be difficult. If there are bank runs and silver does spike, I would expect that to correct very rapidly as silver hoarders flood the market with it having sat on negative equity or parity from a couple of years ago when metal fever hit, as well as the routine traders who buy in/out with the tides. Those calls could print. But it's pretty high risk IMO. Most of what is bet on by the average punter in the contract for difference casino expires worthless.