problems with American bank

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Vitamin c
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Joined: Mon Sep 21, 2020 1:16 pm

Re: problems with American bank

Post by Vitamin c »

https://news.sky.com/story/sense-of-cri ... t-12866172

Yet another American bank in trouble with over 100 billion withdrawn recently.
Fill er up jacko...
Frnc
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Joined: Sat Mar 12, 2022 1:54 pm

Re: problems with American bank

Post by Frnc »

Vitamin c wrote: Thu Apr 27, 2023 3:00 am https://news.sky.com/story/sense-of-cri ... t-12866172

Yet another American bank in trouble with over 100 billion withdrawn recently.
The joys of capitalism. Seems like another lot who bet on low interest rates.
Vitamin c
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Joined: Mon Sep 21, 2020 1:16 pm

Re: problems with American bank

Post by Vitamin c »

https://www.forbes.com/sites/nicholasre ... -collapse/

Republic Bank now on verge of collapse, fed advising a buy out.
Fill er up jacko...
Vitamin c
Posts: 1070
Joined: Mon Sep 21, 2020 1:16 pm

Re: problems with American bank

Post by Vitamin c »

https://www.ft.com/content/b28378f9-adb ... 919f96369c

Gold price at rises to almost all time high due to world banking crisis.
Fill er up jacko...
Vitamin c
Posts: 1070
Joined: Mon Sep 21, 2020 1:16 pm

Re: problems with American bank

Post by Vitamin c »

https://www.cnn.com/2023/05/05/investin ... index.html

Problems over last few days better explained.
I noticed they let you know that the general public was not alarmed and did not withdraw their cash.

In a hope to stop a run on the banks....?
Fill er up jacko...
jansman
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Joined: Thu Dec 30, 2010 7:16 pm

Re: problems with American bank

Post by jansman »

Vitamin c wrote: Fri May 05, 2023 4:47 pm https://www.ft.com/content/b28378f9-adb ... 919f96369c

Gold price at rises to almost all time high due to world banking crisis.
Silver is good too. Mine is worth double right now.
In three words I can sum up everything I have learned about life: It goes on.

Robert Frost.

Covid 19: After that level of weirdness ,any situation is certainly possible.

Me.
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pseudonym
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Location: East Midlands

Re: problems with American bank

Post by pseudonym »

jansman wrote: Fri May 05, 2023 7:20 pm
Vitamin c wrote: Fri May 05, 2023 4:47 pm https://www.ft.com/content/b28378f9-adb ... 919f96369c

Gold price at rises to almost all time high due to world banking crisis.
Silver is good too. Mine is worth double right now.


Once purchased, the paper trail stops there. Hand to hand transfers to family members who can keep their mouth shut have a nice Long term investment :mrgreen:

My will has nothing about my coins, a separate letter to be opened upon my death will let my relatives know where the coins are stored.
Two is one and one is none, but three is even better.
jansman
Posts: 13676
Joined: Thu Dec 30, 2010 7:16 pm

Re: problems with American bank

Post by jansman »

pseudonym wrote: Fri May 05, 2023 10:36 pm
jansman wrote: Fri May 05, 2023 7:20 pm
Vitamin c wrote: Fri May 05, 2023 4:47 pm https://www.ft.com/content/b28378f9-adb ... 919f96369c

Gold price at rises to almost all time high due to world banking crisis.
Silver is good too. Mine is worth double right now.


Once purchased, the paper trail stops there. Hand to hand transfers to family members who can keep their mouth shut have a nice Long term investment :mrgreen:

My will has nothing about my coins, a separate letter to be opened upon my death will let my relatives know where the coins are stored.
We think in a similar way it would appear Pseudonym.
In three words I can sum up everything I have learned about life: It goes on.

Robert Frost.

Covid 19: After that level of weirdness ,any situation is certainly possible.

Me.
Vitamin c
Posts: 1070
Joined: Mon Sep 21, 2020 1:16 pm

Re: problems with American bank

Post by Vitamin c »

Scrap gold yesterday 9ct £18.86p a gram, that's amazing.
It also could continue to rise as banking crisis grows.
Fill er up jacko...
jansman
Posts: 13676
Joined: Thu Dec 30, 2010 7:16 pm

Re: problems with American bank

Post by jansman »

Vitamin c wrote: Sat May 06, 2023 5:28 am Scrap gold yesterday 9ct £18.86p a gram, that's amazing.
It also could continue to rise as banking crisis grows.
I have never been a fan of ‘investment’- never earned enough frankly! However,as time went along,like my dad,I picked up scrap silver and gold,a lot of silver Britannias and Canadian Maple Leaf,and it’s worked.
In three words I can sum up everything I have learned about life: It goes on.

Robert Frost.

Covid 19: After that level of weirdness ,any situation is certainly possible.

Me.