Get your money out of the banks before the bail-ins occur.
But remember, you’re enemy is Putin. You must hate and fear him.
I’m mostly invested in a credit union, and the one other bank I have money in is going to see my accounts closed in a couple weeks.
scumbags the confiscation is at hand
Yes this is just a poorly disguised liquidity test for the usual suspects. Tomorrow the Fed is holding a closed door meeting to discuss discount points and rates going forward.
My guess is that the big 5 are basically insolvent as usual and need a big cash infusion so they don’t crash and cause the short market on silver to go bye bye and bring down the derivatives.
I’m expecting the Fed to quickly follow the Bank of England and move to QE.
Sounds like a solution in search of a non-existant problem.