Banks Positions Update.
From Greg M
Lions.. JPM, GS, and BAC have certainly NOT performed well as of late. In my opinion these banks are WAY WAY WAY undervalued right now therefore I will continue to buy more shares.
We are coming up on earnings reports over the next few weeks, lets see how this plays out.
These banks will remain as core positions for me meaning I intend to hold them for years to come.
As of this post, my bank holdings are down almost 12%
GM
Global Financial Crisis:
Thailand: Something is cooking here in Thailand, five Banks are apparently shut for maintenance over the weekend and coming days.
Billions of Ukraine monies funneling into Delaware corporations was coming to a halt as several Delaware companies were going under, along with the implosion of the US fiat Dollar system. As a result, Nancy Pelosi and DC Elites have started dumping their stock. There were connections between Biden’s Ukraine money laundering scheme, Delaware corporations and Capitol Hill Elites as stocks fall – the long overdue collapse of the Central Banking System that officially began in October was now coming into an unfamiliar time frame – an April, May, June Bust.
Fake market reports have done their job, giving hopium to tens of millions of sleeping sheep – who were about to wake up to a collapse. Not a Recession, a Depression.
So called "sideeffects" of the vax tells me to buy some cancer stocks, surgical stocks and so on. Some die, others profit. Sad but true.