Wednesday, June 24, 2009 10:26:12 AM
This diversification away will definitely hurt the dollar but IMO will be good for us in the long run. It would lower the influence on our currency and it's subsequent influence on commodities from outside investors. IMO, if there is global reserve currency, it would actually help decrease currency volitility but it will be a long while before we see any kind of super reserve currency.
The majority of banks are not in trouble, it is just the larger investment banks, but they do hold a good grip of investments. It is pitiful, our clients that did not take the risk (like most americans)and have to pay for these bailed out jokes with special FDIC assessments in which they originally were supposed to pay 15 basis points on total deposits! What a joke that was, wow banks had a real incentive to bring in deposits then...yeah right! It was decreased substantially to .05% of total assets minus capital when they realized how unfair it really was (bank CEO's replying to the FDIC saying F U !).
Insolvency plaguing most of the states is a real threat and I hope we can see some positive growth and employment rise to help this situation.
Like you said, I personally like all commodities and precious metals at this point.
The majority of banks are not in trouble, it is just the larger investment banks, but they do hold a good grip of investments. It is pitiful, our clients that did not take the risk (like most americans)and have to pay for these bailed out jokes with special FDIC assessments in which they originally were supposed to pay 15 basis points on total deposits! What a joke that was, wow banks had a real incentive to bring in deposits then...yeah right! It was decreased substantially to .05% of total assets minus capital when they realized how unfair it really was (bank CEO's replying to the FDIC saying F U !).
Insolvency plaguing most of the states is a real threat and I hope we can see some positive growth and employment rise to help this situation.
Like you said, I personally like all commodities and precious metals at this point.
Recent CYRX News
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 05/29/2026 09:12:12 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/05/2026 06:36:51 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/04/2026 08:30:40 PM
- Cryoport Reports First Quarter 2026 Financial Results • PR Newswire (US) • 05/04/2026 08:05:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 04/24/2026 12:00:17 AM
- Form ARS - Annual Report to Security Holders • Edgar (US Regulatory) • 04/22/2026 08:32:31 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 04/22/2026 08:31:32 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 04/22/2026 08:30:45 PM
- Cryoport to Report First Quarter 2026 Financial Results on May 4, 2026 • PR Newswire (US) • 04/20/2026 08:05:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 04/08/2026 10:32:28 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/26/2026 12:01:25 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/26/2026 12:00:50 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/26/2026 12:00:13 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/18/2026 12:01:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/18/2026 12:00:35 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/18/2026 12:00:11 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/12/2026 08:17:33 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/03/2026 10:10:46 PM
- Cryoport Reports Fourth Quarter and Full-Year 2025 Financial Results • PR Newswire (US) • 03/03/2026 09:05:00 PM
- Cryoport to Report Fourth Quarter and Full Year 2025 Financial Results on March 3, 2026 • PR Newswire (US) • 02/17/2026 01:00:00 PM
- Cryoport's MVE Biological Solutions Introduces New Fusion® 800 Series • PR Newswire (US) • 02/11/2026 01:30:00 PM
