Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Mildly surprised it closed above 80. But I'll take it.
Today we push over 80. But can it hold?....
No one trusts the markets anymore?
And...how exactly would you accomplish that?
This pattern has been evident for years.
I'm not.
It was expected, sadly.
And right on cue, they bring it into the red....
Agreed.
Lend? LEND?
I would think after 16 years of it, we're used to it now?
They always manipulate the price leading up to another earnings report...
I will agree anyone who has has paper silver certs in SLV, had best be thinking about RUNNING.
PSLV maybe, but even then just a small portion, just because it's easy to step out when needed (but it will still be fiat, no metal for you!).
I'll need to content myself with my position in COOP, Vanguard, and a few other long shot minor positions.
Along with my pile of shiny....
And all I see out of that scenario, is an even bigger "To big to fail" entity.
"Why argue in the first place if posting can't change things one way or the other? "
Maybe because people LOVE to argue?
"....so that all of us can move on and hopefully meet at our next (less painful) investment opportunity."
Let's just say, if this one turns out fine, there won't BE a next one. At least for me. 🤔
"Please share your reason for slowed posting behavior."
Although I am not one you were most likely referring to, maybe it's because everything HAS been said for 16 years?
I just got in to BP.
Lodass doesn’t have a clue, probably doesn’t even recall the Fed window being closed to WaMu, while Tarp was saving the “connected” banks. He’s another NPC swallowing everything the govt tells him. I don’t even know why he’s in COOP.
Put him on ignore.
Weird end of day. The antics are getting more frantic.
Why can’t you, place him on ignore if he bothers you so?
I don’t think I’ve ever seen a non-negative comment from you. That’s also a disorder.
They're trying to entice people into selling.
If they move it up to 150.00, I'll consider it.
Maybe.
It's ihub, they did some kind of limiting until they finally scope what happened yesterday.
Which, frankly, worries the crap out of me.
Ahh, but that's a favorite trick of us coders to just make you go away.
Agreed, I want nothing to do with them.
Long time ago, I moved all retirement funds out of them, into Vanguard (truth is, not real hot on ANY of the big players, but choices were limited through my company's portal). To this day, they keep sending me requests to return.
Maybe you should tell JPM investors they really need to withdraw all funds from JPM, as they are a criminal organization.
They seem to blissfully ignorant.
At one minute prior.....
Your wish was your command. :)
Huh? Mine already shifted months ago, this is just their next batch.
Just another reason to stay away from anything JPM related....
Well, I'll counter by stating the only card I have frauded over the past couple of years was...Chase.
Yes, they caught it, and issued new ones immediately, but I will admit to my great distaste for them.
I'd differ by saying do not open an account with Chase, or any of the big banks, and search for a good credit union or stable regional bank in your area.
You can check on a bank/credit union stability rating by using https://weissratings.com.
Good luck.
Why don't you utilize the ignore function if he bothers you so?
Are people that incapable around here?
And what is your mission here?
OTS did NOT originally want to place them into receivership, but the powers that be arm twisted them to make it happen.
They WERE the ones that had to call for it occur, since they were the ones responsible for issuing and enforcing regulations governing the nation's savings and loan industry.
Prior to 2008, FDIC had the ability to back a mere 1.25% of total deposits. Yes, they've had their limits increased, but...
I wonder how many people realize, in a large collapse, just how little they are covered?
Jamie Dimon has been on the board of directors for the Fed Reserve.
That's as good as saying JPM.
And let's just say I consider the FDIC and the Fed to be lovers.
It is, horribly. As is gold, though less so. And who's behind it? The banksters as usual.
Until one day, when it isn't. Look, I don't have a crystal ball, all I have is history to fall back on.
And precious metals have been money for thousands of years. ALL fiat currency has failed over the centuries. And with the green push/technologies/industrial use, silver has it's place.
First off, gold reached a high in Q1 1980 of $800. Not 2500. And that was probably due to the storm around the Hunt brothers, Iran embargo, and other issues.
Second, if you look at the past 20 years, if you had purchased in 2000, today your stash would have increased by 377.59%, or $1605.71.
Everything goes up and down, but if you step back and look at the overall chart over the years, you will see a gradual climb. But the reasons to hold it are many, not as an investment, but as a savings account store of wealth. Holding paper money, you are losing at least 8% in purchasing power EVERY year.
Also, never go overboard. It's not a path to wealth, it's attempting to hold on to the wealth you have right now. It's good to diversify, I mean, I AM here in COOP still 16 years later! But the stock market can collapse overnight, gold will never go to zero.
Do what you will.
If you're looking for an un-manipulated market, best get out of wall street.
Buy hard assets.
Just got a letter from Mr Cooper, letting me know I may have had my data compromised in their breach. (Used to have a mortgage with them in the past).
Welp, at least I get free credit monitoring for a year? Sigh...