You are currently browsing comments. If you would like to return to the full story, you can read the full entry here: “FDIC insurance limit & The Mafia”.
FDIC insurance limit & The Mafia
Posted by admin on May 20th, 2010
Posted in Insurance 
Tags: 90 day yield, bankrupt, banks, bonds, credit crisis, debt, exposed, fdic insurance, fdic Insurance Limit, mafia, rally, treasury, US Dollar, yeilds, yields
Thanks for the help.I’ve read/heard a couple of professional currency specialists who are predicting the US dollar to again become the place of safety when the next wave of pessimism comes. Robert Prechter has told all his subscribers to step aside from the markets a week or so ago, but not to do any heavy shorting until he can see confirmation over the next month or two, and since he picked the main crash down, and then the rally starting in March, he may be right again?
Just a typical holiday reversal…I have been slipping in and out of short positions which has been working… I do this before every major holiday in the US….
My trick is sometimes the market will reverse its positions leading into the holidays…and very easy to read!!!
Again, good thinking. If enough people pile into bonds, the yield can go negative, and the bondholder will be paying the government to look after his money. This is what happened in the big crash last year. The ideal scenario for the existing bondholder is that the prices of US Govt bonds jumps up, he then sells and buys stocks at a bargain price.
On the subject USD which are backed by treasury bonds, is it true that as the demand for treasuries grows that the interest payments the govt has to make on those bonds falls?and so wouldn’t this mean that if the US is concerned about defaulting on its debt,then all it has to do is let the markets crash causing fear and flight to treasuries and the dollar again which would reduce the cost of their debt and so postpone any possible currency collapse?and wouldn’t this be in the Govt’s interests?
I’m making my way through Robert Prechter’s book ‘Conquer the Crash’, and his case is pretty damn solid for a bull market for the dollar, but I’m still struggling with the idea that the Fed can’t just deliberately devalue their dollar like they did in the last great depression. All finance ministers came out of the G20 meeting talking about a ‘global new deal’, and a new bretton woods etc…particularly Gordon Brown was pushing the ‘global new deal’ to Obama, the two most indebted nations?
Good thinking, mindstream. However, rumour has it that the RBA are raising interest rates next month. The Israelis, I am told, have already raised theirs. As for the US dollar, I might switch some of my paypal account into USD, but not very much. I don’t have the stomach to take part in this tsunami. I will just watch it from afar, and see how Barack Obomber talks his way out of this one.
is it possible for the stock market to fall while the USD also dives?I thought that when all assets are falling at the same time that only leaves cash as safety, and since so much of the worlds assets are denominated in US dollars then that would cause a scramble for dollars since everything is sold down into them,like a forced demand for dollars?.I’m looking for a good opportunity to buy more precious metal, so want to buy when AUD(my local $) is at its strongest, but if USD is going down?
they will print money, loan it to foreign banks and foreign banks will buy more bonds
Anything to do with the word PAPER has a future value of 0.
Don’t worry about the FDIC’s capital. There is an additional $100 billlion set aside as an “emergency fund” in case the FDIC runs out.
The RBS sent a letter to clients last week to bail from the markets. When the RBS speaks I listen. In April or so last year they said that a “financial tsunami” will hit in October. They were spot on.
I’ve bagged a whole stack of index puts, so let the markets FALL!!!
I cover these sorts of topics in our newsletter at the site.
Guess the rumors about suckering in many for a second round of the stock market fall, and eventual NAU/Amero by mid to late 2010…
I enjoy your vids. Thanks.
Great video as always. 5 stars!
Dont know alot about the Bond market. Should we take a position in TBT?
Eye-opening, Denninger talked about this also.
Those educated can make money from this collapse. Yes even (when) the dollar devalues greatly.
i’m looking forward to this trouble
Thanks for the tip-off about the 90-day Treasuries. It does look as though a lot of clever people have figured out that there will be a stock crash at some unspecified time in the next three months.
its just like the web bots are saying….the dollar will collapse between november 2009 and november 2010….GAME OVER !
Are you kidding? It will colapse again.
This is a false sense that things are better.
thanks for the post. 5s and favorite
i find it very interesting that the FED now allows ANYBODY with cash to buy a bank…heck they will loan you to money to buy a bank…they have opened the door for crimial syndicates to go into the banking business….well…another syndicate such as casinos, foriegn governments, drug cartels et al…insane
I wonder why the TED spread and the LIBOR have been behaving so well? Any ideas?
thx for update grace……not good…