The Greatest depression is coming, are you ready?

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ZNP

ZNP

Well-known member
#761
Sep 14, 2020
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#761
ZNP

ZNP

Well-known member
#762
Sep 14, 2020
33,956
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#762
Blood in the water, here come the sharks

PacWest (PACW) and Western Alliance (WAL) plunged Tuesday as investors remained convinced the worst was not yet over for troubled regional banks.

The stock drops for both institutions came one day after JPMorgan Chase (JPM) purchased the bulk of First Republic (FRC), in a deal that was designed to restore stability to the banking system after two months of turmoil.

PacWest ended Tuesday down 28%, while Western Alliance dropped 15%. Other regional banks also plummeted, including Zions (ZION), Comerica (CMA) and Key (KEY), which all fell between 9-12%.

One new point of pressure on these companies is being applied by short sellers who appear to be targeting lenders they perceive to be most vulnerable. Data from S3 Partners showed short sellers have increased their bets against regional bank stocks by more than $440 million over the last 30 days.

https://finance.yahoo.com/news/pacw...ears-continue-to-shake-markets-151815103.html
 
ZNP

ZNP

Well-known member
#763
Sep 14, 2020
33,956
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#763
Senator Bill Hagerty of Tennessee is on the Senate Banking committee and guess what?

Tennessee Governor Signs Bill Authorizing State Gold and Silver Reserves

Tennessee Gov. Bill Lee has signed a bill into law that creates a process for the state to buy, sell, and hold gold and silver. This sets a foundation for Tennessee to achieve more financial independence with gold and silver reserves and could help undermine the Federal Reserve’s monopoly on money.

https://schiffgold.com/key-gold-new... signed a,Federal Reserve's monopoly on money.
 
cv5

cv5

Well-known member
#764
Nov 20, 2018
19,734
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#764
ZNP said:
Senator Bill Hagerty of Tennessee is on the Senate Banking committee and guess what?

Tennessee Governor Signs Bill Authorizing State Gold and Silver Reserves

Tennessee Gov. Bill Lee has signed a bill into law that creates a process for the state to buy, sell, and hold gold and silver. This sets a foundation for Tennessee to achieve more financial independence with gold and silver reserves and could help undermine the Federal Reserve’s monopoly on money.

https://schiffgold.com/key-gold-news/tennessee-governor-signs-bill-authorizing-state-gold-and-silver-reserves/#:~:text=Bill Lee has signed a,Federal Reserve's monopoly on money.
Click to expand...
Wise council and wise councilors.
FED clownbux are unconstitutional.
 
ZNP

ZNP

Well-known member
#768
Sep 14, 2020
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#768
Stan Johnson, Prophecy Club

American Dollar:
Maurice Sklar was shown the dollar would fall 30%, then to 50% ultimately becoming worthless.

Shane Warren saw a man in a vision pick up a handful of dollars blowing in the wind saying, “It almost like they are worthless as leaves blowing in the wind.”

David Phillips saw our financial system fall 30% over the weekend.

Dana Coverstone was shown the dollar will fall by 30%, then to 50%, then to 66% then to zero.

Daniel Daves was shown a vision of a man stepping to a microphone in Dallas Texas saying, “Ladies and Gentlemen. I have an announcement to make.
  1. The United States as you have known it has ceased to exist.
  2. All property lines are dissolved.
  3. The U.S. Dollar is worthless.

Either these men got together and decided to cook up a big lie, or they were hearing from the Spirit of the Living God!

I am not a certified financial planner and thus can’t give financial advice. But CornerstoneAssetMetals.com can.

In addition, I have three other sources with credibility that do NOT post on the internet saying our new CBDC Central Bank Digital Currency will change our finances in big ways! And even the Federal Reserve posted on their website they are releasing it in July!

I wrote in my book: Miss the Mark that our cell phones are not our friend. Our cell phones will eventually become our only access to our money, drivers license, passport, birth certificate and all-important documents. Once everything is connected it will be required to have the MARK OF THE BEAST to access your accounts.

REV 13:7 And it was given unto him to make war with the saints, and to overcome them: and power was given him over all kindreds, and tongues, and nations.
8 And all that dwell upon the earth shall worship him, whose names are not written in the book of life of the Lamb slain from the foundation of the world.

REV 13:17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.

Financial Change:
Before the end of 2023 I believe America and the world will see a new financial system set in place.
I am asking we pray that it be set in such a way to bless the Saints of God!
 
ZNP

ZNP

Well-known member
#769
Sep 14, 2020
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#769
Regional Bank Stocks Plunge as Gloom from First Republic Failure Sinks Markets

https://www.theepochtimes.com/regio...utm_source=partner&utm_campaign=BonginoReport

As of 1 p.m. ET, the S&P Regional Banks Select Industry Index was down 7.24 percent, the KBW Nasdaq Regional Banking Index was down 6.22 percent, and the iShares U.S. Regional Banks ETF was down 6.35 percent.

Several individual regional bank stocks saw far sharper declines.

Shares of California-based PacWest Bancorp, for example, crashed by over 35 percent, and by 1 p.m. shares were still down by 25 percent, with intense volatility triggering circuit breakers multiple times to halt trading temporarily.

Western Alliance shares also saw several trading stoppages as they fell around 20 percent, while New York-based Metropolitan Bank stock was down nearly 19 percent by 1 p.m.

Looks like PacWest Bancorp is the next one to collapse
 
ZNP

ZNP

Well-known member
#770
Sep 14, 2020
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Good news!

Only half of these regional banks are in danger of collapsing. This means we have 2,400 banks that aren't currently in danger!

The bad news is after our 3rd bank failing the FDIC has spent more money than they did in 2008.

The next three primed to collapse PacWest, Metropolitan and Western Alliance.
 
cv5

cv5

Well-known member
#771
Nov 20, 2018
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#771
ZNP said:
Good news!

Only half of these regional banks are in danger of collapsing. This means we have 2,400 banks that aren't currently in danger!

The bad news is after our 3rd bank failing the FDIC has spent more money than they did in 2008.

The next three primed to collapse PacWest, Metropolitan and Western Alliance.
Click to expand...
The FDIC is yet another fractional reserve insurance scheme. It can only cover an infinitesimal fraction of deposits.
Think of the situation as if the Titanic was designed with one lifeboat on board.
 
ZNP

ZNP

Well-known member
#772
Sep 14, 2020
33,956
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#772
cv5 said:
The FDIC is yet another fractional reserve insurance scheme. It can only cover an infinitesimal fraction of deposits.
Think of the situation as if the Titanic was designed with one lifeboat on board.
Click to expand...
Well then it is a good thing that SVB with all the Democratic Donors and CCP holdings were able to get that lifeboat.
 
cv5

cv5

Well-known member
#774
Nov 20, 2018
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#774
Ruh roh......high of 2085 so far tonight.

1683154572628.png
 
ZNP

ZNP

Well-known member
#776
Sep 14, 2020
33,956
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#776
PacWest Says It’s Exploring Options After Shares Plunge

In premarket trading on Thursday, PacWest was down about 37 percent. Two other regional lenders, Western Alliance and Zions Bancorp, fell 19 percent and 10 percent.

https://www.nytimes.com/2023/05/04/business/pacwest-stock.html

We may have three more banks go under by the weekend.
 
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