Graham Stephan explained that in 2021 and early 2022, Silicon Valley Bank (SVB) took nearly $100 billion and invested it in government backed bonds with a significant portion of it locked away for 3 to 4 years at an interest rate of just 1.79%. SVB took a massive bet that the Federal Reserve was not going to raise interest rates as fast as they did, and when SVB turned out to be wrong, the bank was in a very dangerous position. Normally, banks would have enough money coming in from a variety of sources to cover customer withdrawals. But SVB’s customer base is mainly technology companies that have seen significantly less funding. There was a run on the bank and the FDIC took it over.
.
.
Silicon Valley Bank (SVB), the the banking partner for nearly half of US venture-backed technology and healthcare companies on the stock market, failed late last week after there was a bank run by depositors. The US Federal Reserve sharply raised borrowing costs over the last year as they attempt to curb inflation, which has affected banking and the economy.
.
Graham Stephan explained that in 2021 and early 2022, SVB took nearly $100 billion and invested it in government backed bonds with a significant portion of it locked away for 3 to 4 years at an interest rate of just 1.79%. SVB took a massive bet that the Federal Reserve was not going to raise interest rates as fast as they did, and when SVB turned out to be wrong, the bank was in a very dangerous position. If a bond holders can’t wait for the full 4 years to get their money back, they are forced to take a loss. Normally, banks would have enough money coming in from a variety of sources to cover customer withdrawals. But SVB’s customer base is mainly technology companies that have seen significantly less funding, and those companies are forced to take more money out of the bank to pay for their own expenses.There was a run on the bank and the FDIC took it over.
. On March 8, SBV announced it would sell off one-third of their ownership to raise $2.25 billion. This was done in response t them taking a $1.5 billion loss on a portion of their bond position. Word got out that the company could be facing insolvency issues and their stock price plummeted more than 60%, making it unlikely that the company could raise more capital to plug the losses. Panic set in and there was a run on the the bank.
. SVB CEO Gregory Beck reportedly called clients to assure them that their money was safe while some startups advised their founders to pull their money out as soon as possible. On March 10, SBV announced they had failed to raise capital and were instead looking for a buyer. But hours later, the bank was shut down by regulators. All of the bank’s deposits were transferred to a new bank. FDIC insurance only covers the first $250,000 lost due to bank failure. Only 2.7% of SBV’s deposits were less than $250,000, meaning that 97.3% aren’t FDIC insured. Typically, in cases where deposits exceed the FDIC limit, losses are recovered in a bankruptcy court when assets are sold off to pay creditors, which can take years to complete and customers often receive less than they lost.
. SBV serves a niche market and is the bank for venture-backed companies in the US. In the next days and weeks, these companies can be wiped out overnight. Business that banks with SBV will have their savings reduced to $250,000, which will not cover their expenses and payroll. Stephen reported that SBV has $342 billion in total client funds.
.
Stephen recommended keeping less than $250,000 cash, or whatever the bank is insured for, in any given bank.
John Anthony Castro is running for president as a “Republican”, but has been accused of being a plant to fool voters. While Castro called for violence if Trump supporters riot, there is a dangerous history of Trump fans being beaten by the opposition when they showed peaceful support for Trump.
House Bill 1633 would prohibit retail establishments from requiring payment by credit card or a central bank digital currency (CBDC) during normal business hours. Retail establishments also could not legally prohibit the use of cash. State and local government entities would operate under similar rules.
FedNow is an instant payment processing system that seeks to be the base of all digital transactions. Centralized payment systems that monitor and record payments have been shown to be a gateway to a Central Bank Digital Currency (CBDC) digital dollar.
If enacted, SB 1558 would officially recognize gold and silver coins as legal tender and eliminate capital-gains taxes on gold and silver — thus bringing Texas closer to constitutional compliance and treating gold and silver as money.
The Zelensky regime is going to continue sending troops to die in Bakhmut, which has been described as a meat grinder. Italian Prime Minister Silvio Berlusconi said last month, “All [Zelensky] had to do was to stop attacking the two autonomous republics of the Donbass and this [war] would not have happened.”
Germany’s Minister of Health Karl Lauterbach, who supported mandatory COVID shots and once claimed that COVID-19 vaccination is free of side effects, admitted last week that he was wrong. He said adverse reactions occur at a rate of one in 10,000 doses and can cause “severe disabilities.”
The farmers’ BBB party opposes the government’s goal to buy farmers out and reduce livestock numbers by up to a third to help slash nitrogen emissions in half by 2030. Critics have pointed out that the regulations have caused food shortages and some people are unable to eat every day.
Gérard Fauré said Celine Dion’s mysterious degenerative illness was due to her abusive consumption of adrenochrome. He added that Yves St-Laurent and other people in the fashion industry were pedo criminals. When Fauré mentioned the name of France’s President Emmanuel Macron, the interview was cut short.
On March 14, 2023, an American reaper drone went down over the Black Sea, but Russian and US officials have different versions of what happened. War monger Senator Lindsey Graham said that if a Russian plane ever gets near another U.S. asset flying in international waters, their airplane would be shot down.
Greg Mannerino predicted that small regional banks that got “loans” from the Federal Reserve are failing in order to go up for sale and to be absorbed into the bigger banks at fire sale prices. He said that the Wall Street banks will stocks will rise.
In 2014, then Vice President Joe Biden stated: “These smugglers — and everyone should know it, and not turn a blind eye to it — these smugglers routinely engage in physical and sexual abuse, and extortion of these innocent, young women and men by and large.”
A recent survey found that most teachers (51%) are already using ChatGPT in schools and a number of students are using it for assignments. ChatGPT has passed many high-level exams, including the Wharton MBA exam, US medical licensing exam, several law exams and a final at Stanford Medical School.
A database showed that the Black Lives Matter (BLM) movement and related causes received an astonishing $82.9 billion from corporations. They asserted that the BLM pressure campaigns, harassment, and moral blackmail amounted to possibly the most lucrative shakedown of corporate America in its history.
In a joint statement on Sunday, the Treasury Department, Federal Reserve and Federal Deposit Insurance Corp. said they were taking action “that fully protects all depositors” at SVB and Signature Bank.
Susan Philip, MD, the health officer for the city and county of San Francisco, issued orders in February that healthcare workers to be vaccinated and, when eligible, to receive a booster. In addition, masks are also required for healthcare workers. Failure to comply is punishable by fine, imprisonment or both.
China continues to be the glaring exception to the ongoing global decline in coal plant development. China gets little push back from environmentalists and leftists despite the claim that coal is the fossil fuel most responsible for the climate crisis.
On March 2, 2023, Alberta Health Services issued new guidelines on COVID-19 vaccination stating that “All Albertans six months of age and older are eligible (to get COVID-19 vaccines).” A shocking revelation was hidden in the guidelines that Alberta has begun vaccinating children for COVID-19 without parental consent.
SVB $100 billion and invested it in government backed bonds locked away for 3 to 4 years at an interest rate of just 1.79%. SVB took a massive bet that the Federal Reserve was not going to raise interest rates as fast as they did, and when SVB turned out to be wrong, the bank was in a very dangerous position.
Classifieds
For classified advertising rates and terms, click here. The appearance of ads on this site does not signify endorsement by the publisher. We do not attempt to verify the accuracy of statements made therein or vouch for the integrity of advertisers. However, we will investigate complaints from readers and remove any message we find to be misleading or that promotes anything fraudulent, illegal, or unethical.
Health
JWLABS – Building fine Rife frequency instruments in the USA since 1987.
We offer customer support and an exceptional warranty. Learn why all households and clinics should employ this device. Call us at 888-891-1122 to discuss the many benefits. www.rifemachine.com
G. Edward Griffin’s blood pressure dropped to healthy levels and stayed there after using Cardio Miracle, a nitric-oxide booster containing a blend of ingredients that supports the body’s natural defense against heart disease, atherosclerosis, cancer, diabetes, Alzheimers, and more. If you are over 40, you really should check this out.
The Heavenly Handbook of Health. “WOW! U want FeedBack? So far I am floored. If I’ve learned anything about you since we met; this book has the potential to be a blockbuster.” Read 18pg Teaser @ HeavenlyHandbookofHealth.com Simple, incredible, affordable health – any age!
AFFORDABLE MEDICAL PLANS: Access to all providers – Low Deductibles – Alternative Treatments Allowed – Priced 40-60% off marketplace!! Contact [email protected] or 800-229-0297 www.ftcproducts.com
Learn Natural Medicine practice at home! There is NO Freedom without Health Freedom. There is NO Health Freedom without Informed, Voluntary Consent. There is no informed consent without education and understanding. SomaVeda College of Natural Medicine, Thai Yoga Center provides you and your family with spiritually based natural health education. ThaiYogaCenter.Com or SomaVeda.Org.
Health with space-age technology and Quantum physics. For people and all animals. No medication! Available world wide! Contact us at [email protected]. For principals and testimonials please visit our website. www.Healthytherapy.com
Income
Ultimate Wealth Building Guide reveals 5 steps to create your own banking system to achieve lifetime financial security, certainty, and peace of mind in 60 days. Discover how to build and grow lasting wealth safely and predictably, regardless of market and economic cycles. www.mywealthwarehouse.com
Discover How You Can Raise ALL THE MONEY YOU NEED for any worthwhile project with Crowd Funding! Bills-Business-Charity-Education-Artistic-Personal & more! Free 7-minute video gives you all the details. http://GetCrowdFundedToday.com
Make money on money you are already spending. Join the world’s largest shopping network. Eleven-year-old company in 46 countries. Info and free membership. www.freedombuildersinternational.com
Free Report: Three Major Shifts That Signal Risks to Your Investments Are Headed Higher. Including the one action every investor should take right now to protect their portfolio against significantly rising risks. http://BuyAndStoreGold.com/pl-geg/
Money & Banking
The Coming Gold & Silver Share Explosion!
Learn how the Millers, an average American couple, turned their $100,000 investment, into $3,736,165 (audited) from 2001 to 2016 with John Doody’s gold-stock program (free E-Book download). Go to http://banking-holiday.com, where you will get this book + their Banking Holiday book free. 727-564 9416.
Applied Knowledge Conquers the Future. Learn what you can do to start preparing for the inevitable financial crisis! The cost of ignorance is fatal. Don’t get left behind! Empower yourself with education!http://www.WealthControlResources.com
Lawful 100% income tax avoidance: a right recognized by IRS and Supreme Court. Request free report: [email protected] or find NoThanksIRS on FB/Twitter.
Need to Know
Being informed is not enough. Knowledge, by itself, is not power, but it holds the potential for power if used as a guide for action. Truth can be overpowered by tyranny only if we fail to enter the battle. The future belongs, not to ideas, but to people who act on those ideas. If you truly want to make a difference in the world, Freedom Force International awaits you.
For years a Freedom Force member, Teddy L. has been taken into dementia assisted living, at $2200 a month. I’m a paraplegic left to live alone with our pets. Dementia incurably worsens. Help needed and appreciated. 740-861-3878 or http://www.gofundme.com/f/running-bear/
Anxiety Publishing – providing more satisfying novels to the conscious community, stories based in a real world, not the illusion of the establishment. Promote your precious novel with your fellow authors and help build a collection of future classics. anxietypub.com
For Sale
Offline is a documentary on the inevitability of the Earth being slammed by a mega solar flare – not the common type that interrupts communications and creates a light show in the Northern skies – but the big brothers thousands of times more powerful. These monsters deliver enough energy to blow apart the master transformers that supply the planet’s energy grids. When that happens, the lights go out for longer than anyone wants to think about. These X-Class solar storms hit the Earth every 150 years, on average. The last one arrived 156 years ago. We are overdue (More)
In this interview, G. Edward Griffin exposes the dark secret behind money creation and shows how bankers help create laws that legalize their crimes. How this money monopoly can be dismantled is discussed along with other important issues relating to the banking system.
There is a bank run in Russia and the Ruble has effectively devalued by 50%. Investors are divesting from Russian equities. Sanctions on Russia will affect flows of energy, metals and crops. Europe is heavily reliant on Russian energy and Russian pipelines are reportedly shutting down.
The largest shareowners of the New York Fed are the following five Wall Street banks: JPMorgan Chase, Citigroup, Goldman Sachs, Morgan Stanley, and Bank of New York Mellon. JPMorgan Chase, Citigroup, Goldman Sachs, and Morgan Stanley are also four of the five largest holders of high-risk derivatives.
Offline is a documentary on the inevitability of the Earth being slammed by a mega solar flare – not the common type that interrupts communications and creates a light show in the Northern skies – but the big brothers thousands of times more powerful. These monsters deliver enough energy to blow apart the master transformers that supply the planet’s energy grids. When that happens, the lights go out for longer than anyone wants to think about. These X-Class solar storms hit the Earth every 150 years, on average. The last one arrived 156 years ago. We are overdue (
