Goldilocks and Seeds of Wisdom
Goldilocks posted links with commentaries (Goldilocks pointed this out previously and has not been wrong):
Elon musk says, Twitter is worth half of what he paid for it, but he is still optimistic about its future.
Asian markets are mixed due to stress in the banking sector.
Europe’s Market is higher amid hopes for a brief slow down in the bank volatility.
Deutsche Bank is rallying, oil prices are steady, dollar rises lifted by safe haven flows, gold drops as investors digest the new deal with SVB.
First Citizens Bank buys a large portion of Silicon Valley Bank including all deposits loans and branches about 90 billion will remain in receivership.
Banking Regulators are considering more support for banks.
We are still being told that the US banking system is resilient and sound, but a crisis looms as possible credit crunch to follow brings economy closer to recession.
The bottom line is many companies had the privilege of borrowing easy money to help their firms grow to a large capacity. Now, this easy money is drying up.
This is why I called April the 6th and a few days following as the danger zone. Job Reports come out at that time. It will reflect where we are monetarily as a nation.
It is a place where truth meets reality and investors will have their opportunity to invest into a monetary system that is presently pulling support on their ability to do so.
This is the place where important decisions are made when the rubber meets the road.
Look for more realistic prices to begin showing up in our markets during this time creating a “reset” that will allow real prices to formulate new patterns inside our new digital asset based economy.
Banks are collapsing. Businesses will be next
https://www.scmp.com/comment/opinion/article/3214679/bank-collapses-are-just-start-worlds-financial-woes-indebted-businesses-will-be-next?utm_source=telegram&utm_medium=share_widget&utm_campaign=3214679
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The Danger Zone for the markets.
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“The President of Kenya today announced to all citizens they should get rid of any U.S. Dollars they may be holding because they will become worth less within weeks.”
President of Kenya Urges Citizens To Get Rid of U.S. Dollars – soon (Operation Sandman????)
https://halturnerradioshow.com/index.php/en/news-page/world/president-of-kenya-urges-citizens-to-get-rid-of-u-s-dollars-soon-operation-sandman
Source: Dinar Recaps
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