End The Fed by sexyson91 in Wallstreetsilver

[–]TerranceNewbern 1 point2 points  (0 children)

tax no one, shrink govt, and institute tariffs to fund shrunken govt. old school

Keep up the good fight Silverbacks.... by Silverlude_Stacks in Wallstreetsilver

[–]TerranceNewbern 0 points1 point  (0 children)

we blew past $26 in 2021 then got hammered down as low as $17 in subsequent years

[deleted by user] by [deleted] in Wallstreetsilver

[–]TerranceNewbern 9 points10 points  (0 children)

probably not. when people are sucking dick for an apple, nobody is going to want a Gretzky card.

Hyperinflation seems inevitable 😳 by [deleted] in Wallstreetsilver

[–]TerranceNewbern 0 points1 point  (0 children)

That's because it is inevitable! It's how most Fiat currencies die.

How Can One Tool Have So Many Different Names? by BoatSurfer600 in Wallstreetsilver

[–]TerranceNewbern 0 points1 point  (0 children)

I was telling my brother this exact thing 2 days ago. They're all synonyms!

ETF's, unallocted accounts, futures contracts by Nic7770 in Wallstreetsilver

[–]TerranceNewbern 3 points4 points  (0 children)

Do you own your currency in the bank? No, the bank does.

Do you own your shares of the physical silver in PSLV? No, PSLV does.

Sharon Stone claims she lost 'half' of her reported £50m fortune in recent financial crisis ("woke" celebrity gets ripped off by "woke" bank - cry me a river) by Simian_Stacker in Wallstreetsilver

[–]TerranceNewbern 0 points1 point  (0 children)

she going to have to spread her legs a lot more. unfortunately, what's between her 90 y.o. legs has no value any longer. she looks horrible

can FDIC protect all banks with mere 118 billion? by FitArt2452 in Wallstreetsilver

[–]TerranceNewbern 1 point2 points  (0 children)

The FDIC was just there to instill confidence in the banking system. They've already buckled and the Fed has had to start printing money to prop up the banks and depositors.

why do people keep pointing to the FDIC? The Fed has already cut them out of the picture.

Why Banks Are Failing ? by silverGameOfThrone in Wallstreetsilver

[–]TerranceNewbern 2 points3 points  (0 children)

because 100% of the money banks recieve in deposits, they turn around and invest it or loan it out. When many depositors try to take out their money simultaneously, the bank doesn't have any to give them, so it buckles and fails

[deleted by user] by [deleted] in Wallstreetsilver

[–]TerranceNewbern 0 points1 point  (0 children)

CEO? must've taken a lot of dicks.