37 () posted 1 year ago by Wizard18 1 year ago by Wizard18 +37 / -0 25 comments share 25 comments share save hide report block hide replies
You should bet on that. Go open short positions, I'll open buy positions.
The crisis is contained unless the media continues to fan the flames like they did to FRC.
First Republic's customers will end up with PacWest after the receivership, and that will be the end of it.
I've been betting on it for a decade. I buy gold, ammo and MREs.
Now is probably a good time to sell gold, it's near the all time high IIRC.
Pretty close yes. But the point of buying gold is to have real money, not to trade it for fiat currency that is useful solely as toilet paper.
Until the next one fails.
And then the one after that.
And the one after that, etc, etc.
Also that's weird, it deleted my comment and then posted it again after I thought I had to retype it. Mobile computing is such a shit show.