gold, page-132820

  1. 11,393 Posts.
    lightbulb Created with Sketch. 4701

    Yeah the catalyst for the collapse could be one of many things so its important to be positioned in advance of its arrival.
    Regarding Credit Suisse or Deutsche Bank or any other of the GSIB Banks if one of them goes down they will be taken over by the country's Central Bank coming in to slice and dice the assets while taking on distressed non marketable "assets" and then moved on to another GSIB Bank. These Banks simply cannot be allowed to fail as they would bring down the daisy chain connected system. The only losers as such are investors of the failed bank. The fact that these banks are systematically important simply indicates how corrupt everything has become.
    We'll find out tomorrow what if any impact will be felt by the US downgrade.
    Looking at Australia and it gets its marching orders from overseas in the west and until it can remove the shackles binding it to the west nothing much is likely to change. The main Australian political Party's are all globalist in nature and are all heads connected to the same beast with only the heads being visible to voters essentially brainwashing them into thinking they have a choice.
    Taxing unrealised gains is on the radar of the Labour government. A very dangerous move if implemented. This is about as anti capitalist as you get. up there with price controls.
    Cheers.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.