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Silence DoGood, MBA

🔔 Bank stocks, CRUSHED! Ominous clouds are forming, what will freeze first in the system? 3/9/23 🔔


Bank stocks got crushed today, plain and simple. It kind of gave me the feeling of March, 2008, right before Bear Stearns collapse. Silicon Valley Bank (who caters to tech startups and venture capital), as well as Silvergate Bank (who caters to crypto customers) is a very large bank, and whether or not you've heard of them before, they have spooked the market with concerns of capitalization issues, and there seems to be a general sense of some kind of tide coming over the markets. Even in the time between these two screenshots, SVB was down another 20% post-market. These are massive moves. These kinds of banks that specialize in cater to specific consumers are a great leading indicator, a barometer in a sense as to what's in store over the next few months. Silvergate is shutting down all together, and SVB has to raise capital by selling stock, because their capital (which is mostly in Treasuries), has seen a substantial decline with the rapid rise in interest rates. It is estimated that 50% of all tech startups and life science companies bank with SVB. IPO's have also cooled significantly in recent months. The Federal Reserve, alongside the FDIC and many other 3 & 4 letter government agencies and institutions for years have attempted to massage investors to get back into bank stocks, first by raising the FDIC insured limit, and then by concocting various stress test scenarios (to which you cannot know what kind of stresses they really put the banks through). In reality, this is all an optical illusion, as the entire financial system is built on Ponzi Quick Sand, constantly requiring more and more funding (printing or creating digital money out of nothing), to keep the system going. With the rapid rise in interest rates, more projects (new funny money for the Fed notes to go into) are unable to be funded because more cash flow would be required to service the debt. This is causing a ripple effect throughout the economy, and it makes sense that we would see it in the tech heavy sectors first, as these have been pumped up the most since March 2020. When the Fed decided to embark on increasing interest rates this fast to cool off the economy, they knew they were pulling the pin from the grenade. We are not at the end but closer to the beginning of the fall of the Babylonian money system. This baseball game is just getting started; we have many innings to play! Play ball! #StackOn #SilverIsMoney #EverythingElseIsCredit #SilverIsARock #BuildYourFinancialFoundationOnSolidFooting Matthew 7:24-27 (NKJV) Build on the Rock 24 “Therefore whoever hears these sayings of Mine, and does them, I will liken him to a wise man who built his house on the rock: 25 and the rain descended, the floods came, and the winds blew and beat on that house; and it did not fall, for it was founded on the rock. 26 “But everyone who hears these sayings of Mine, and does not do them, will be like a foolish man who built his house on the sand: 27 and the rain descended, the floods came, and the winds blew and beat on that house; and it fell. And great was its fall.” @familyman20181 ☕✝️

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