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William Travis Wall's avatar

Warren Buffett also thinks BofA might take a hit and has dumped most of his stocks and is in a large cash position. They might be the next "black swan" in the commercial property crash likely to come.

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Mark B's avatar

Agreed

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Randall Courts's avatar

BofA has a huge short position in both silver and gold. 🤔 what can go wrong there?

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William Travis Wall's avatar

Get ready to short BofA.

Who shorts silver and gold? 🤦🤦🤦

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Digital Grave Digga's avatar

B of A and all regional banks might go under! The Commercial Real Estate bubble is beyond FUBAR!

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Nick's avatar

And hadn’t Trump mentioned getting rid of lots of government buildings that aren’t being put to use…that will add more pressure on commercial property too….

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Randy Best's avatar

But you don't hear much about it.

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Julz's avatar

let this shit show keep on rolling........... Thank you Mr Greg...... (I want your crystal ball)

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Gregory Mannarino's avatar

They just make all this too easy for us. They literally throw it in our faces.

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Tom's avatar

Thanks Greg, right on!!!

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Mary-Ellen's avatar

Oh when the banks....come rolling in.....oh when the banks come rollin in.......I don't want to have a bank account......when the banks come rollin in............

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Randy Best's avatar

That was funny!

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VIPCO's avatar

I am so glad this is going your way but he still makes me want cheap whisky.

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Gregory Mannarino's avatar

Not going my way. Its THEIR way. And we are being eliminated... But YES! Cheap whisky! I am all for it!

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Marc Baker's avatar

You are only eliminated if you are unprepared. Same as in anything.

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Kitty Mittens's avatar

That's interesting there was just an article yesterday talking about how great their Q4 results were....but banking is not my wheel house so I'll trust you on this one since I know there are so many "criminals" in big mega corporations.

I don't wish them harm if it hurts people severely. But I'm definitely not a fan. They were horrible during the mortgage crisis and played such games to those applying for HAMP.

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holistichealth's avatar

BofA - has been money laundering for DECADES.....

Realtors - BANKERS - individuals - ALL KNOW THIS....

so - PTB - KNOW this as well......but it just was not the

time!??!?!?!?!?

Sacrifice?

BOO-BYE.

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Jack McGriff's avatar

An EO would fix the discrimination against law abiding conservatives by banks since they all receive federal funding, FDIC guarantees, SEC regulation, federal commerce clause regulation, and are inextricably intertwined with the FED. It is unconscionable that banks have the power to cancel accounts for the exercising of guaranteed constitutional rights like freedom of speech.

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Rich's avatar

Whole country is screwed. Spewing bs by government, msm and banks. Name 1 think these clowns solved in last 50 years.run

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brian's avatar

Some say Bank of America is to big to Fail!

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ChrisCoonsToupee's avatar

Good.

I've been telling a couple BoA people I know to update their resumes.

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Ed's avatar

Its actually refreshing to see these Bank Executives called out to their face. B of A has been notorious for debanking people. Also Bank of America is sitting with a rather "unrealized loss" on their books ... Unless of course the interest rates miraculously go much lower

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Gregory Mannarino's avatar

Its SO much bigger that that. Not a matter of calling out anyone, its about presenting people with a sacrifice to appease them. Its a GAME.

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Shannon Patrick's avatar

The Diversity Equity Inclusion narrative was only the mud in the water to obfuscate and distract people, many are still getting triggered on both sides as the puppet pendulum has swung back hard -yet we are moving toward tokenization faster and faster.

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Gregory Mannarino's avatar

I believe you nailed it.

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Jim C's avatar

BREAKING: President Trump signs executive order banning the creation of a Central Bank Digital Currency (CBDC).

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ervin siemens's avatar

was this new executive order to ban the executive order 14067 Biden set in place to expedite the CBDC?

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paul scott's avatar

William, The Black Swan event was coined by Nassim Taleb. It an event so unlikely and unexpected, And massive effect on the market. Because the debt based market is expected to crash, Taleb calls that likelihood a White Swan. See Nassim Taleb > the Black Swan>> a very good and balanced approach.

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Herman van Maaren's avatar

You think he can tell private banks what to do and what interest rates to charge? What are you smoking if you believe this BS!

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paul scott's avatar

Jim is referring to the Central bank,not private banks

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