Important! BIGGER CRACKS IN THE FINANCIAL SYSTEM... IS A FULL ON MELTDOWN CLOSE? Mannarino
From Greg M
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The banks need money to buy out one of its falling or failing comrades So there's soon to be "meat on the table, boys."
A variant idea: the dollar relative to the euro is about to skyrocket so the banks are preparing to go on an international shopping trip while the dollar peaks. The banks, GS, JPM, etc., need a new home after messing their current one up. Their bond buyers and holders will be left as chumps in typical bankster fashion. So they hollow out one bank as they gain control of another?
A dark thought: they are packing up and moving to Iceland as nukes are about to fall on the financial district figuratively or for real. If they are nuked they can't be expected to honor their bonds.
I can't stop: Banks like Bonnie and Clyde taking the money and run only from the inside while converting cash to gold on the fly.
OMG: The dollar peaks way high; a bank holiday is declared, ala President Roosevelt, gold and silver are scarfed up; the dollar is forcibly devalued perhaps with new money issued with Porky Pig's face on it saying " thats all folks"; the banks reopen.
I just scared myself. Wait, I got silver!
big downward move in 10 yr yield to 2.92% - down 12 bps