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US banks shaken by biggest deposit withdrawals since 9/11
Russia Today ^
| 1/25/13
| Joe Raedle
Posted on 01/25/2013 3:30:02 PM PST by Nachum
click here to read article
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Obamanomics, hard at work
1
posted on
01/25/2013 3:30:04 PM PST
by
Nachum
To: Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...
2
posted on
01/25/2013 3:31:26 PM PST
by
Nachum
(The Obama "List" at www.nachumlist.com)
To: Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...
3
posted on
01/25/2013 3:32:26 PM PST
by
Nachum
(The Obama "List" at www.nachumlist.com)
To: Nachum
4
posted on
01/25/2013 3:33:50 PM PST
by
WorkerbeeCitizen
(I'll surrender my guns alright - bullets first)
To: Nachum
Ammo and guns are expensive. If I had some money I would take it out to to replace all my guns that I sold at gun shows to strangers.
5
posted on
01/25/2013 3:34:39 PM PST
by
Hang'emAll
(Those who abuse Liberty, sentence themselves to Death! - Soldier LT)
To: Nachum
People are withdrawing fiat dollars and buying gold and silver.
6
posted on
01/25/2013 3:35:43 PM PST
by
SVTCobra03
(You can never have enough friends, horsepower or ammunition.)
To: Nachum
these were not small depositors - I would have thot the hint was when Germany and others withdrew it gold from America
7
posted on
01/25/2013 3:36:12 PM PST
by
WorkerbeeCitizen
(I'll surrender my guns alright - bullets first)
To: Hang'emAll
My take too - folks are heading to weekend gun shows.
Those ARs, cases of .223 and 30-round mags are getting expensive!
8
posted on
01/25/2013 3:37:07 PM PST
by
grobdriver
(Sic semper tyrannis!)
To: SVTCobra03
Silver is up a few percent since last month but gold sure isn’t.
9
posted on
01/25/2013 3:41:06 PM PST
by
steve86
(Acerbic by Nature, not Nurture™)
To: Nachum
I fondly remember the day when people questioned economic data, even when it reinforced their biases. Now, I get to watch FReepers yap like dogs at Russian state-owned media.
10
posted on
01/25/2013 3:45:15 PM PST
by
1rudeboy
To: Nachum
Today, when you withdraw “too much cash,” (they won’t tell you how much is too much,) you have to swipe your driver’s license etc.
Just tell them you need it go buy some assault weapons and ammo.
11
posted on
01/25/2013 3:45:26 PM PST
by
Travis McGee
(www.EnemiesForeignAndDomestic.com)
To: SVTCobra03
People are withdrawing fiat dollars and buying gold and silver And brass and lead.
12
posted on
01/25/2013 3:50:24 PM PST
by
Noumenon
(One individual with courage, determination and a rifle can change the course of history.)
To: Nachum
Buy brass, powder, lead and food. Those can be traded when the dollar tanks to worthless paper and digits.
13
posted on
01/25/2013 3:54:00 PM PST
by
FreeAtlanta
(bahits.com)
To: SVTCobra03
gold and silver are great for economies that *might* survive outside the U.S.; but when we go down, so does the world. Shiny metal won't mean a hell of a lot. I will get MUCH more worth out of a few antibiotics or even aspirin (maybe even a couple year old pressure canned filled meat jar) than I will with shiny stuff.
Bottom line, your family is hungry and one of yours has a 102 degree temp. Is gold and silver what you wish to trade with at that time?
To: Michael Barnes
You dance like a little circus poodle for a piece of my gold.....PS: All the food and supplies will be purchased by the ones who have gold.
15
posted on
01/25/2013 4:19:51 PM PST
by
central_va
( I won't be reconstructed and I do not give a damn.)
To: Michael Barnes
Gold and silver , for thousands of years, have had value. why would that change? There maybe a brief time where food and medicine would have greater value but a means of exchange would eventually come about and I’m sure gold and silver would play a part.
16
posted on
01/25/2013 4:28:10 PM PST
by
MCF
To: 1rudeboy
17
posted on
01/25/2013 4:34:26 PM PST
by
MCF
To: central_va; Michael Barnes; MCF
I am with Michael. If the collapse is as bad as it likely will be, food, medicine, guns and ammo will be the most valuable commodities until things straighten out. If nothing else, you can hide out and eat your food, but you can’t do that with your gold.
Gold depends on a functioning economy to establish value. Ammo, food, medicine’s value is whatever you can barter for.
I hope we don’t see a collapse in our life times. Make it through a collapse with a lot of gold, then you might be a wealthy man, but consider this.... there will be a lot fewer people so there will be a lot more ounces of gold per person.
18
posted on
01/25/2013 4:36:59 PM PST
by
FreeAtlanta
(bahits.com)
To: Nachum
19
posted on
01/25/2013 4:37:31 PM PST
by
null and void
(Gun confiscation enables tyranny. Don't enable Tyranny)
To: Nachum
So the current fast pace of withdrawal comes as a surprise to financial analysts because the deposits are slipping away from those banks which supposedly were safe. Banks have more deposits than they know what to do with. Don't mean a thing.
20
posted on
01/25/2013 4:46:56 PM PST
by
Toddsterpatriot
(Math is hard. Harder if you're stupid.)
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