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COMEX thought it could run a silver exchange like a fractional reserve bank and that no one would ever do a "run on the bank" let alone nation states and central banks. #SilverSqueeze
John Tuld
38.1K posts
John Tuld
@BradHuston
Jesus First. Benevolent Snarkasist. Economist. Tweets NOT ADVICE. Invested in Gold, Silver, Crypto. RTs not endorsements.
- BlackRock, billionaires & large corporations buying residential real estate 50% above asking highlights how they drive wealth inequality. They buy with cheap Fed money, they can hold longer than you can stay solvent & the U.S. Government or Fed will bail them out in a crisis.
- Elon Musk doesn't support cypto. Elon Musk only supports Elon Musk.
- Joy Reid should be sued for $1 Trillion dollars by Corey Compertore's family for her Trump staged assassination theory in the same way Alex Jones was sued for Sandy Hook. Sorry, I don't make the rules.
- I would pay pay-per-view fight like prices to see Fauci on the Joe Rogan Show.
- BREAKING: Reddit WSB is banned due to "hate speech." Unreal. It's because Wall Street got hurt.
- Congratulations to the Fed for exceeding their 2% inflation target by 400%.
- Hot Take: Jim Cramer should lose his job for calling for (nationally on air) 40% of the adult population to be force vaccinated by the U.S. military. That kind of insanity shouldn't be tolerated by a "business channel."
- BlackRock demonstrates why residential real estate should be off-limits to billionaires and large corporations.
- Trudeau: We're branding the truckers as terrorists & asking major financial institutions & insurance cos. to seize their assets, to cut them off & to stop doing business with their employer. Canadians: We're making a run on these banks & going all cash tomorrow. Great plan guys
- Dear @SecYellen: If I hold cash in a savings account earning 50 bps and inflation is 5% can I take an unrealized loss at 4.5% of the balance?
- If you had put $10,000 in Peter Schiff's EuroPacfic Gold Fund when it began in July 2013 and held it to today, you would have lost $1,114. If you put $10,000 in Bitcoin on the same day you've would have $7.63 Million. Remember this the next time Peter says Bitcoin is going to $0.
- Stimulus checks aren't rescue payments, they're bribes to retain your faith in the system.
- 80% of Des Moines is in. Trump is performing better in Des Moines suburbs and Des Moines margins are identical to 2020. Harris will be losing Iowa by 10+ points. And Ann Selzer's +3 Harris Iowa Poll will soon be a distant memory.