Banking Collapse, Black Swan Event, Gold, Silver, Bitcoin. As The Dominoes Fall.
SVB, Eurodollars, BRICS, Banking Machinations That Are Going On In The Background.
How about a history lesson with a futuristic crystal ball view thrown in for good measure. WOW. OK kids, here’s your homework for this weekend. The assignment is due Monday. It’s one of those pass, fail things. You know, an “A” or an “F”. Pay attention. This is real life stuff. There is so much happening, I hope this article and the relevant information makes sense.
Guys, I can’t believe I’m going to start off a post with a disclaimer. Nothing in this article is financial advice from me. Having said that, I do believe there is a ton of credible information from some of the smartest guys in the room. This is not a conversation for anyone trying to be politically correct. These are adults having a conversations about real stuff. I do keep a cursory eye on the financial world, and I should spend more time there. Alas, life, health and lack of capital dictate much in my life, and I’m sure it does in yours as well. I do know a thing or two, and these guys know a thing or two hundred.
The Silicon Valley Bank debacle is probably the most important event in the last week that could impact the entire financial system because of the exposure of companies and banks all over the world. Let’s dive into the deep end with the boys.
The show just finished and this link is now active. “Devolution Power Hour # 128 W/Jon & Patrick”
I cannot emphasize enough to all of you how important this new “Devolution Power Hour #128” is to anyone trying to understand all of the financial events of the last few days. Jon & Patrick from Badlands Media have special guests “Alex/aka Fat Tails” & “GMONEY” who go into great detail about many financial issues we are currently facing and that will unfold in short order, probably starting next week. I can guarantee you will come away from this session with a greater understanding of events that are playing out in our current reality. Tons of news dropping as I’m writing this article late Saturday night. Please support Badlands Media. Jon, Kate & The crew over there are the go to source for real news. Screw the MSM, they’re finished.
One of the most amazing pieces of information from this article is the term “Eurodollar” from Investopedia. I had never heard that term and I certainly did not know the importance of the Eurodollars held offshore and the power behind them. Here is one important thing to know about these Eurodollars. The Eurodollar is the biggest futures market on the planet. Trillions.
What Is the Eurodollar?
The term eurodollar refers to U.S. dollar-denominated deposits at foreign banks or at the overseas branches of American banks. Because they are held outside the United States, eurodollars are not subject to regulation by the Federal Reserve Board, including reserve requirements. Dollar-denominated deposits not subject to U.S. banking regulations were originally held almost exclusively in Europe (hence, the name eurodollar). Now, they are also widely held in branches located in the Bahamas and the Cayman Islands.
It’s reported that Billionaire Peter Thiel initiated this Bankrun on SVB. Yahoo Finance Reports that “Peter Thiel’s Founders Fund Got Its Cash Out Of Silicon Valley Bank Before It Was Shut Down”
Over this weekend, billionaire Bill Ackman, of Pershing Square Capital Management, had this to say:
“Bill Ackerman says there will be bank runs everywhere on Monday unless the FDIC does a system-wide guarantee.”
FDIC only has 124.5 Billion on its balance sheet and a $100 Billion line of credit.
U.S. banking system is +22 Trillion.
FDIC assets cover only 1.26% of deposits.
Here is some information from the FDIC website about events that are transpiring and what happens if you are involved in the collapse. When a bank fails, Facts-how long does the FDIC have to pay Depositors, Creditors And Borrowers?
Yahoo Finance article “SVB’s 44 Hour Collapse Was Rooted In Treasury Bets During The Pandemic”
Members of SVB trace back to Lehman and Deutsche Bank. The CFO & The Risk Officer. Apparently failure is not just an option it is obligatory.
New Bloomberg Article. FDIC Races to Start Returning Some Uninsured SVB Deposits Monday.
SVB could trigger the collapse of many aspects of “The Green New Deal” that the Biden administration and the puppets of Klaus Schwab’s WEF.
Apparently, the Reserve Bank Of Australia has already declared themselves insolvent back in September of 2022. Here is the CNBC article referenced in this interview. Australia’s Central Bank Has Equity Wiped Out By Billions In Bond Losses.
In history, there never has been a reserve currency crash. It quite possibly could happen with the Federal Reserve/Petrodollar.
Another amazing link referenced in this video. Tons of information and visuals. I love the name of this website. https://wtfhappenedin1971.com
This is way over my head and I will have to go back and reread this stuff a dozen times to even come close to understanding any of it. What an education. Q Ratio Or Tobin’s Q:Definition, Formula, Uses & Examples from Investopedia.
I will leave you with an unbelievable triple play. Will Zoll is the writer of the amazing Substack/The Prussiagate Series . Please support his substack. His last 3 are referenced in this current power hour. What an amazing series and this triple play is worth your time. More financial information than you can possibly imagine. Tax havens of the rich and famous, politicians. It’s almost like spy novel material. Like I keep telling you, it’s all connected.
Will Zoll:Prussiagate-Havens, Horse Heads & Hermann Part 1
Will Zoll:Prussiagate-Havens, Horse Heads & Hermann Part 2
Will Zoll:Prussiagate-Havens, Horse Heads & Hermann Part 3
OK. I think that should be enough homework for you guys. It was enough for me. Almost 6 hours since I watched the show and started writing. I also had multiple Telegram feeds dropping information left and right. I get the feeling that this domino will start a chain of events that will ultimately be a great thing for all of us. It really makes me think it is a white hat operation to bring about the collapse of the entire Federal Reserve Banking system worldwide. That will allow us to usher in the new banking system and take out the old players. I may be wrong, but I just have this sense that ………
As always,
Namaste
Until Next time, when we will delve into …….
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