
MarquisDeSade
Mephistopheles
★★★★★
- Joined
- Feb 11, 2021
- Posts
- 15,635
UBS discussing buying Credit Suisse, round two of bailout. 
Looking at DOW Futures over the weekend it isn't looking good, and assuming UBS absorbs Credit Suisse that doesn't get rid of the banking problems at all as that is merely just one single bank. Although it is the largest bank thus far with known financial structural problems up to date.Can't wait to see what the future holds for everyone![]()
I pray for thatSo much chaos these last two weeks.
It always seems like something is teetering or on the edge of collapse.
Biden might just asleep and have his head accidently press the nuke button at this point.
At this point I don't care how it happens, I want the United States to simply collapse, this nation is so corrupt, evil, and tyrannical that I will celebrate when it finally does collapse.So much chaos these last two weeks.
It always seems like something is teetering or on the edge of collapse.
Biden might just asleep and have his head accidently press the nuke button at this point.
Every new week comes and I pray for the collapse of this rotten nation, I've been praying for its demise since 2007. I'm hoping 2023 is finally that year.I pray for that
"Come invest in UBS, if there's a giant turd sandwich we just eat it and add it to our own balance sheets. Everything is secure with us. Also, we fuck your shareholders in the whole process."
They're doing some sort of global central bank bailout.
View: https://twitter.com/Investingcom/status/1637565942367416322?t=I7eOpvNC0y_nZAyKPglWNQ&s=19
Shit could really hit the fan this week. I'm glad I bought some bitcoin.
Only gold is a safe havenI would be very skeptical of calling Bitcoin a safe haven of any kind, but to each their own. Yes, all those central banks are the pro dollar financial syndicate, they stink of fear and desperation where something is definitely afoot.![]()
Only gold is a safe haven. The whole Bitcoin infrastructure is regulated just as ordinary banks are.Shit could really hit the fan this week. I'm glad I bought some bitcoin.
Precious metals in general and the ability to defend your possessions.Only gold is a safe haven
Also, if they really arrest Trump on Tuesday, there will be the fear of unrest in the USSeries of events to look forward to next week:
Monday- Does the UBS solution to Credit Suisse survive intact? If not, watch out below! Could mark the beginning in a crisis of faith concerning the entire monetary system. Also, we still have problems with American banks that haven't been resolved yet. If all goes well swimmingly there could be euphoria for those reopened money swap lines and of course there is those unsubstantiated rumors of Bitcoin, but that is about as positive sentiment will get if at all.
Tuesday - Will basically reflect Monday's trading activity.
Wednesday- Are we still hiking rates? And if so, by how much? FOMC
Thursday - Will our great Banana Republic arrest Donald Trump? If things economically deteriorate to such a great degree we'll need something to distract ourselves with and what a better way than a national live press conference of arresting a former president to stand trial. Also, what a great opportune time to label conservatives and republicans domestic terrorists, a precursor for inevitable martial law when the entire nation finally does spin out of control. We're looking for any excuse to implement military lockdown because that's what collapsing fascist empires or societies do.
Friday - Will basically reflect the entire week's trading activity.
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Gold + gun, yesPrecious metals in general and the ability to defend your possessions.![]()
I used to be a gold bug. Bought some gold like 15 years ago, and it didn't really even hold it's value, at least not when accounting for inflation. It hasn't broken its high from back in 2012-ish. It's a store of value, but it's a bad investment.Only gold is a safe haven. The whole Bitcoin infrastructure is regulated just as ordinary banks are.
If the system collapses (which it will, eventually), you do not need an investment. All "investments" will be gone. The only thing worth buying is a store of valueI used to be a gold bug. Bought some gold like 15 years ago, and it didn't really even hold it's value, at least not when accounting for inflation. It hasn't broken its high from back in 2012-ish. It's a store of value, but it's a bad investment.
Bitcoin on the other hand is a replacement for the entire banking system, all banks, all central banks, all financial institutions, all cash, all payment systems, all credit cards. The exact system that is imploding right now.
I've bought and sold Bitcoin a few times, and really regret not just keeping what I had, and buying more. Just buy and hold it, the same way you do gold.