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Jimmy Joe

04/28/23 4:33 PM

#121992 RE: Meowza #121978

Why wouldn't banks shift from bonds to equities? Why would they refuse to pull out of a losing asset?



Because NOBODY is buying BONDS~! They are stuck with unrealized losses totaling in the $trillions. Bond market worst in recorded history. Treasuries are no better.
Derivatives market is how many $Quadrillion~?

June is fast approaching. Phase 6..... 9 month time period coming up.
ISDA expired derivatives contracts have to be covered. Can no longer be grandfathered. New contracts have to be written.

$AMC/$APE arbitrage baby~!
Bullish
Bullish
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Saving Grace

04/28/23 6:21 PM

#121995 RE: Meowza #121978

The banks created the bonds out of thin air that are backed by nothing with real asset value. They're Junk Bonds of the 70's all over again.

I've been saying this for some time on the banking boards.

The entire market is a paper moon and is all changing back to a Bretton Woods system. Gold Standard.

This is why AA bought into a Gold and Silver Mining Corp. HYMC

Gold and Silver Certificates are coming back
Bullish
Bullish