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Banks collapsing!!! Major market crash upcoming? (Regional Bank Stocks Continue To Plunge Pg 123)

 
The_Original_Mind

User ID: 81785274
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03/24/2023 03:51 PM

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Re: Banks collapsing!!! Major market crash upcoming? (Regional Bank Stocks Continue To Plunge Pg 123)
Shiny metals are pretty to collect and keep as an asset, that are measured in value on the scale of money or dollars, perhaps measured in other currencies, but an ounce of gold is only worth the dollar value, $2000 or so...Can't trade gold at the grocery store, they want money instead...
 Quoting: BRIEF


Yup. Preppers would be better selling their gold and investing it in infrastructure: land, crops, etc.
X: @OriginalMind222
BRIEF

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03/24/2023 03:52 PM

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Re: Banks collapsing!!! Major market crash upcoming? (Regional Bank Stocks Continue To Plunge Pg 123)
Shiny metals are pretty to collect and keep as an asset, that are measured in value on the scale of money or dollars, perhaps measured in other currencies, but an ounce of gold is only worth the dollar value, $2000 or so...Can't trade gold at the grocery store, they want money instead...
 Quoting: BRIEF


All investments are traded in dollars. you want gold dollars. you want stocks dollars...it's all tied to the dollar. dollar dies?...so do investments...
 Quoting: King Triad Christ


If, if, if, if, if...Yeah only if...
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
BRIEF

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03/24/2023 03:54 PM

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Re: Banks collapsing!!! Major market crash upcoming? (Regional Bank Stocks Continue To Plunge Pg 123)
Shiny metals are pretty to collect and keep as an asset, that are measured in value on the scale of money or dollars, perhaps measured in other currencies, but an ounce of gold is only worth the dollar value, $2000 or so...Can't trade gold at the grocery store, they want money instead...
 Quoting: BRIEF


Keep playing with your guns dude,
intellectual thought is not your Forte!

It is not worth my effort to go look up for you how many Tons of gold certain central banks have been buying recently.
 Quoting: Anonymous Coward 25757669


I do that too...


bb 4

afe 4


gnome 4


gnome 5
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
Anonymous Coward
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03/24/2023 04:08 PM
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Re: Banks collapsing!!! Major market crash upcoming? (Regional Bank Stocks Continue To Plunge Pg 123)
MONDAY......UH....!~
KingChaos777  (OP)

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03/24/2023 07:15 PM
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Re: Banks collapsing!!! Major market crash upcoming? (Regional Bank Stocks Continue To Plunge Pg 123)
KingChaos777  (OP)

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03/24/2023 08:20 PM
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Re: Banks collapsing!!! Major market crash upcoming? (Regional Bank Stocks Continue To Plunge Pg 123)
Anonymous Coward
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03/24/2023 08:22 PM
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Re: Banks collapsing!!! Major market crash upcoming? (Regional Bank Stocks Continue To Plunge Pg 123)
Shiny metals are pretty to collect and keep as an asset, that are measured in value on the scale of money or dollars, perhaps measured in other currencies, but an ounce of gold is only worth the dollar value, $2000 or so...Can't trade gold at the grocery store, they want money instead...
 Quoting: BRIEF


All investments are traded in dollars. you want gold dollars. you want stocks dollars...it's all tied to the dollar. dollar dies?...so do investments...
 Quoting: King Triad Christ


The world is going to dump the dollar at least the federal reserve notes promising to pay a real dollar made of silver.

Central banks are buying GOLD because it's money.
Anonymous Coward
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03/24/2023 08:23 PM
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Re: Banks collapsing!!! Major market crash upcoming? (Regional Bank Stocks Continue To Plunge Pg 123)
Shiny metals are pretty to collect and keep as an asset, that are measured in value on the scale of money or dollars, perhaps measured in other currencies, but an ounce of gold is only worth the dollar value, $2000 or so...Can't trade gold at the grocery store, they want money instead...
 Quoting: BRIEF


All investments are traded in dollars. you want gold dollars. you want stocks dollars...it's all tied to the dollar. dollar dies?...so do investments...
 Quoting: King Triad Christ


If, if, if, if, if...Yeah only if...
 Quoting: BRIEF


All fiat does.

All
KingChaos777  (OP)

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03/24/2023 08:29 PM
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Re: Banks collapsing!!! Major market crash upcoming? (Regional Bank Stocks Continue To Plunge Pg 123)


Last Edited by Israel 3000 on 03/24/2023 08:39 PM
Nika_A

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03/24/2023 10:13 PM
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Re: Banks collapsing!!! Major market crash upcoming? (Regional Bank Stocks Continue To Plunge Pg 123)
lol79

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03/25/2023 07:15 AM
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Re: Banks collapsing!!! Major market crash upcoming? (Regional Bank Stocks Continue To Plunge Pg 123)


violin

Lol that means bye bye DB
KingChaos777  (OP)

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03/25/2023 07:58 AM
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Re: Banks collapsing!!! Major market crash upcoming? (Regional Bank Stocks Continue To Plunge Pg 123)
KingChaos777  (OP)

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03/25/2023 09:27 AM
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Re: Banks collapsing!!! Major market crash upcoming? (Regional Bank Stocks Continue To Plunge Pg 123)
Anonymous Coward
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03/25/2023 09:37 AM
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Re: Banks collapsing!!! Major market crash upcoming? (Regional Bank Stocks Continue To Plunge Pg 123)
Shiny metals are pretty to collect and keep as an asset, that are measured in value on the scale of money or dollars, perhaps measured in other currencies, but an ounce of gold is only worth the dollar value, $2000 or so...Can't trade gold at the grocery store, they want money instead...
 Quoting: BRIEF


Yup. Preppers would be better selling their gold and investing it in infrastructure: land, crops, etc.
 Quoting: The_Original_Mind


Yeah but most preppers would already have bean, bullets, land, etc already.....it goes with the mindset.....
KingChaos777  (OP)

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03/25/2023 10:49 AM
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Re: Banks collapsing!!! Major market crash upcoming? (Regional Bank Stocks Continue To Plunge Pg 123)
Nefarious Libertine

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03/25/2023 12:23 PM
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Re: Banks collapsing!!! Major market crash upcoming? (Regional Bank Stocks Continue To Plunge Pg 123)
I mean, the stock market is 500 years old...so if you follow history, it should be crashing well, um never...The "crash" of 1929 was not a crash to zero, it's more like the great dip and not an actual crash...
 Quoting: BRIEF


Let's take a look at the charts shall we.Let's look at the Dow.
If you bought the dow in Feb of 1915 at 1,655 it would take until Aug of 1923 to break even and that's on the up swing before the 29 crash, that's 8 1/2years.You wouldn't hit that mark again after the crash until 1932. That's 17 years.
Now if you jumped into the market in Nov of 1915 at 2,824, guess what 77 years later in Sept of 1982 it's sitting around 2,775. In other words no gains for 3/4 of a century.
If you were lucky and jumped in Nov of 1948 at 2128, 17years later you were up 333% at 9,304 in 1966. For the next 15 1/2 years from that peak you would drop down 73% to 2495 in 1982, back to where it was roughly in April of 1916 at 2544.
At the top of the market before the 1929 crash Aug 6.613 to Jun 1932 947 that was an 85.6% drop wouldn't see that top again till Mar of 1963 Just to drop again a few years later and not see that 6500 mark until Sept of 1991 roughly 60 years later.
The Market doesn't just go up. It can go down for years and basically be flat for decades.
What people only want look at today is from jul 1982 at 2495 to Dec 2021 39,209 for an out of the ordinary 1472% gain. A 40 year bull run that hasn't had anything close to a historical correction.
Interactive chart [link to www.macrotrends.net (secure)]
That's where I think we are today. Due to 40 years of loose monetary policy,QE,Bailouts, uncontolled government spending and free money during the pandemic. Our Debt load is now to much to bear and we have rising inflation. We are at the precipice like the Weimar Republic after losing the war and being hit with war reparations crushing them with debt. So now we face what they faced.

The government and the banks had two unacceptable alternatives. If they stopped inflation, there would be immediate bankruptcies, unemployment, strikes, hunger, violence, collapse of civil order, insurrection and possibly even revolution. If they continued the inflation, they would default on their foreign debt.
However, attempting to avoid both unemployment and insolvency ultimately failed when Germany had both.
Fergusson; "When Money Dies"


Now I'm all ears on hearing you're alternate point of view of why the markets will just keep going up and up and everything will continue like the last 40 years,but you have to give me more than "the markets just go up" or "BTFD" give me a reason.

Last Edited by Nefarious Libertine on 03/25/2023 01:01 PM
We do not learn from history because our studies are brief and prejudiced. In a surprising manner, 250 years emerges as the average length of national greatness. This average has not varied for 3,000years. The stages of the rise and fall of great nations seem to be:
The Age of Pioneers , The Age of Conquests ,The Age of Commerce ,The Age of Affluence ,The Age of Intellect ,The Age of Decadence.
Decadence is marked by: Defensiveness, Pessimism, Materialism,Frivolity An influx of foreigners The Welfare State A weakening of religion. Decadence is due to: Too long a period of wealth and power, Selfishness Love of money ,The loss of a sense of duty.
The life histories of great states are amazingly similar, and are due to internal factors. Their falls are diverse, because they are largely the result of external causes. - Sir John Glubb The Fate of Empires
We are at the end of the Age of Decadence heading into COLLAPSE
Nika_A

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03/25/2023 12:58 PM
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Re: Banks collapsing!!! Major market crash upcoming? (Regional Bank Stocks Continue To Plunge Pg 123)
Anonymous Coward
User ID: 82912660
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03/25/2023 01:20 PM
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Re: Banks collapsing!!! Major market crash upcoming? (Regional Bank Stocks Continue To Plunge Pg 123)
MONDAY......UH....!~
 Quoting: Anonymous Coward 82912660


...nothing..NOTHING..CAN STOP IT FROM COMING!... HOW MANY MOAR
BANKS WILL FESS UP INFORMATION BY THEN?...ENJOY THE WEEKEND.UH
Agent 99

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03/25/2023 01:39 PM

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Re: Banks collapsing!!! Major market crash upcoming? (Regional Bank Stocks Continue To Plunge Pg 123)
7 Trillion in new taxes.
Anonymous Coward
User ID: 80546761
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03/25/2023 01:57 PM
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Re: Banks collapsing!!! Major market crash upcoming? (Regional Bank Stocks Continue To Plunge Pg 123)
Shiny metals are pretty to collect and keep as an asset, that are measured in value on the scale of money or dollars, perhaps measured in other currencies, but an ounce of gold is only worth the dollar value, $2000 or so...Can't trade gold at the grocery store, they want money instead...
 Quoting: BRIEF


All investments are traded in dollars. you want gold dollars. you want stocks dollars...it's all tied to the dollar. dollar dies?...so do investments...
 Quoting: King Triad Christ


If, if, if, if, if...Yeah only if...
 Quoting: BRIEF




Current events moving too fast for a slow old brain?

More than 17 States have passed, or are passing laws that make gold and silver legal tender good for all debts, public and private.

Obviously they know more than you think you do.
Anonymous Coward
User ID: 80546761
United States
03/25/2023 02:01 PM
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Re: Banks collapsing!!! Major market crash upcoming? (Regional Bank Stocks Continue To Plunge Pg 123)
I mean, the stock market is 500 years old...so if you follow history, it should be crashing well, um never...The "crash" of 1929 was not a crash to zero, it's more like the great dip and not an actual crash...
 Quoting: BRIEF


Let's take a look at the charts shall we.Let's look at the Dow.
If you bought the dow in Feb of 1915 at 1,655 it would take until Aug of 1923 to break even and that's on the up swing before the 29 crash, that's 8 1/2years.You wouldn't hit that mark again after the crash until 1932. That's 17 years.
Now if you jumped into the market in Nov of 1915 at 2,824, guess what 77 years later in Sept of 1982 it's sitting around 2,775. In other words no gains for 3/4 of a century.
If you were lucky and jumped in Nov of 1948 at 2128, 17years later you were up 333% at 9,304 in 1966. For the next 15 1/2 years from that peak you would drop down 73% to 2495 in 1982, back to where it was roughly in April of 1916 at 2544.
At the top of the market before the 1929 crash Aug 6.613 to Jun 1932 947 that was an 85.6% drop wouldn't see that top again till Mar of 1963 Just to drop again a few years later and not see that 6500 mark until Sept of 1991 roughly 60 years later.
The Market doesn't just go up. It can go down for years and basically be flat for decades.
What people only want look at today is from jul 1982 at 2495 to Dec 2021 39,209 for an out of the ordinary 1472% gain. A 40 year bull run that hasn't had anything close to a historical correction.
Interactive chart [link to www.macrotrends.net (secure)]
That's where I think we are today. Due to 40 years of loose monetary policy,QE,Bailouts, uncontolled government spending and free money during the pandemic. Our Debt load is now to much to bear and we have rising inflation. We are at the precipice like the Weimar Republic after losing the war and being hit with war reparations crushing them with debt. So now we face what they faced.

The government and the banks had two unacceptable alternatives. If they stopped inflation, there would be immediate bankruptcies, unemployment, strikes, hunger, violence, collapse of civil order, insurrection and possibly even revolution. If they continued the inflation, they would default on their foreign debt.
However, attempting to avoid both unemployment and insolvency ultimately failed when Germany had both.
Fergusson; "When Money Dies"


Now I'm all ears on hearing you're alternate point of view of why the markets will just keep going up and up and everything will continue like the last 40 years,but you have to give me more than "the markets just go up" or "BTFD" give me a reason.
 Quoting: Nefarious Libertine



The Dow is irrelevant as it is manipulated and propped up just as the Silver market is manipulated and pushed down.


FRN's die this year, that means money in stocks and bonds also die, and if they don't die completely it just means fiat is all but useless.


BRICS has now declared war on the US Frn and 80% of the world is joining them.


They are tired of Western hubris, and are now strong enough to join together, Ukraine war has shown that Nato is a paper tiger.


Do what you want, you'll see.
Anonymous Coward
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03/25/2023 03:38 PM
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Re: Banks collapsing!!! Major market crash upcoming? (Regional Bank Stocks Continue To Plunge Pg 123)


KingChaos777  (OP)

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03/26/2023 08:40 AM
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Re: Banks collapsing!!! Major market crash upcoming? (Regional Bank Stocks Continue To Plunge Pg 123)
Anonymous Coward
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03/26/2023 09:09 AM
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Re: Banks collapsing!!! Major market crash upcoming? (Regional Bank Stocks Continue To Plunge Pg 123)
7 Trillion in new taxes.
 Quoting: Agent 99


YaY 4 Biden!

cheer

America chose the form of its destructor!

.
KingChaos777  (OP)

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03/26/2023 10:58 AM
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Re: Banks collapsing!!! Major market crash upcoming? (Regional Bank Stocks Continue To Plunge Pg 123)
KingChaos777  (OP)

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03/26/2023 12:02 PM
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Re: Banks collapsing!!! Major market crash upcoming? (Regional Bank Stocks Continue To Plunge Pg 123)


Last Edited by Israel 3000 on 03/27/2023 09:35 AM
KingChaos777  (OP)

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03/26/2023 12:07 PM
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Re: Banks collapsing!!! Major market crash upcoming? (Regional Bank Stocks Continue To Plunge Pg 123)


Last Edited by Israel 3000 on 03/27/2023 09:35 AM
Anonymous Coward
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03/26/2023 12:12 PM
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Re: Banks collapsing!!! Major market crash upcoming? (Regional Bank Stocks Continue To Plunge Pg 123)


burnithidingbump
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03/26/2023 01:36 PM
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Re: Banks collapsing!!! Major market crash upcoming? (Regional Bank Stocks Continue To Plunge Pg 123)


wtf
hn777

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03/26/2023 01:44 PM
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Re: Banks collapsing!!! Major market crash upcoming? (Regional Bank Stocks Continue To Plunge Pg 123)
bump
hf





GLP