Awwww... you don't like Gavin? You should let him know - it might make him cry
Time for 2026 Predictions... Put them here...
- Thread starter Damocles
- Start date
Nice that you're able to own your shit, bitch.
It's already at 4,800. This is a lame prediction - it'll achieve $5k easily at this before July end.
So -
Silicon Valley was an independent consumer bank that tech bros and other startups were using in CA. Yes, what happened with Silicon and other independent banks in 2022 although the fallout might have affected the big banks - the crisis was averted. There were also foreign banks, in Europe that were tanking at the time in 2022.
This is old news.
FDIC only covers deposits up to $250,000. So - if you have a million in a bank and it fails, you lose, $750,000.
Yep, that's the crisis we had back at the end of Bush's term. The cause was the result of bank deregulation and collusion with rating agencies.
That was something - and something we need to watch the trump administration about because they're stupid and negligent enough to make it happen again!
If people had the disposable income to pay down their debt, most smart people would.
Well you're too dumb to come up with anything on your own, so naturally you plagiarize the most intelligent people on the board.
You may not have a brain, but you have your party.
I am so much smarter than you. Your problem is you're too stupid to know just how much you could learn from me.
You are 100% correct.
For most depositors who have less than $250k in an account, they will think they just wan the highest rate, and will not care about the risk, because FDIC will make them whole. This creates what is called a "moral hazard."
It is essential that FDIC makes sure that no insane risks are being taken, because it is the FDIC putting its money on the line with risks. And by its money, I mean our taxpayer money.
Now they want to bet our economy that gold will never go down... Right after it has gone down by 9% in one day.
Gold's last price actually increased last week about 100 from 4800 to 4900. Gold WOULD be a good investment. Anyone verify that there is actual gold to go with the price you paid for a piece of it? Rumor is it's all bullshit
Gold might be a good investment, it is certainly not a stable investment. It dropped by 9% in one day this week. If a bank invests FDIC insured money in it, it would be a heads they win, tales we lose situation. If gold went up by 20%, they get 20% of our money in profits. If gold goes down by 20%, the taxpayers pay 20% of our money in losses.Gold's last price actually increased last week about 100 from 4800 to 4900. Gold WOULD be a good investment. Anyone verify that there is actual gold to go with the price you paid for a piece of it? Rumor is it's all bullshit
Yeah Gold should only be one security in a diversified portfolio. Never put all your eggs
in one basket 
.Exactly. If the banks want to invest in gold as one of their more volatile investments, I am all for that. Tier one assets are supposed to have no volatility against the dollar. Oddly enough, that might mean they have a lot of volatility by being so connected to the dollar.Yeah Gold should only be one security in a diversified portfolio. Never put all your eggs
The odd thing is the global need for tier one dollar assets has allowed trump to spend out of control without tanking the economy. The more trump does to replace them, the more either he has to limit his spending, or we all have to accept he will tank the economy.