[[{“value”:”Will we see a bank crash on Monday?
I don’t know.
It’s very possible we don’t.
But does Monday kick off a chain reaction that will soon lead to one?
Now THAT I think is very possible.
I’m not a financial advisor, I’m just a reporter but this is a big deal….
Remember the Banking Crisis of 2023?
Back in March/April of last year, when 4 banks failed all within a few weeks of each other?
Well, it turns out the way they stopped that bank run crisis and the contagion from spreading was something known as the Bank Term Funding Program. And that has been running ever since. But it ends on Monday. What happens when you remove the safety from the system?
Let me put it like this…imagine you have a big giant skyscraper that suddenly becomes very unbalanced and is about to tip over. An emergency crew rushes in and builds tons of reinforcements, stabilizing the building. It stays stable for over a year. Then the reinforcements are removed. What happens next?
Don’t worry, you don’t need to be a banker or expert economist to understand this, I’ll make it simple for you.
In fact, I’ll let Grok explain it for you:
And in case that’s hard to read:
The Bank Term Funding Program (BTFP) is an emergency lending program created by the Federal Reserve in March 2023 to provide emergency liquidity to U.S. depository institutions. It was established in response to the sudden bank failures of Signature Bank and Silicon Valley Bank, which were the largest such collapses since the 2008 financial crisis. The program offers loans of up to one year in length to eligible borrowers pledging collateral eligible for purchase by Federal Reserve Banks in open market operations.
The program started on March 12, 2023, and is scheduled to end on March 11, 2024. The Federal Reserve has announced that the program will cease making new loans as scheduled.
The ending of the BTFP might create chaos and even a banking crisis or bank crash because it has provided an additional source of liquidity for financial institutions with an asset-liability duration mismatch relating to high-quality collateral. The program’s goal was to provide banks an alternative to quickly selling off high-quality collateral at current discounted market values to fund liquidity needs.
If the program ends, banks that have been relying on the BTFP for liquidity may find themselves in a difficult position, potentially leading to a banking crisis or bank crash. However, the Federal Reserve has stated that the program’s ending is a planned measure and part of its effort to demonstrate support for the banking system.
In other words, I like the way this guy said it — the Fed just pulled the Bank’s safety net:
The Fed just rug pulled the bank’s safety net on their emergency Bank Term Funding Program that was implemented to slow down deposit flight after SVB’s rapid failure. Stop the arb now and ending program in March. https://t.co/qkskXFo6Tl pic.twitter.com/dEQZdnOjKh
— Edward Dowd (@DowdEdward) January 25, 2024
UH OH!!!
Here it is from the Fed’s own Twitter account:
@federalreserve announces that the Bank Term Funding Program (BTFP) will cease making new loans as scheduled on March 11: https://t.co/W4dc2cj6TB
— Federal Reserve (@federalreserve) January 25, 2024
And the official Press Release from the Federal Reserve:
The Federal Reserve Board on Wednesday announced that the Bank Term Funding Program (BTFP) will cease making new loans as scheduled on March 11. The program will continue to make loans until that time and is available as an additional source of liquidity for eligible institutions.
During a period of stress last spring, the Bank Term Funding Program helped assure the stability of the banking system and provide support for the economy. After March 11, banks and other depository institutions will continue to have ready access to the discount window to meet liquidity needs.
As the program ends, the interest rate applicable to new BTFP loans has been adjusted such that the rate on new loans extended from now through program expiration will be no lower than the interest rate on reserve balances in effect on the day the loan is made. This rate adjustment ensures that the BTFP continues to support the goals of the program in the current interest rate environment. This change is effective immediately. All other terms of the program are unchanged.
The BTFP was established under Section 13(3) of the Federal Reserve Act, with approval of the Treasury Secretary.
Nothing has improved from last year, it’s only been covered up by this program.
And interest rates are now higher creating more pressure on the system.
In other words…not good!
So…what happens when the safety net gets pulled?
It should be interesting to see what happens when the BTFP ends in March.
This is the emergency loan program that the Fed established during the regional bank crisis.
Small banks are still feeling the pain.
Follow us @KobeissiLetter for real time analysis as this develops.
— The Kobeissi Letter (@KobeissiLetter) January 31, 2024
Brandon Aceto did a good job of breaking it all down here:
Heads up folks…this could get VERY ugly, VERY fast.
And I think we’re already seeing the early cracks start to form.
Below is the first bank that many believe is starting to fail.
If that has already started on January 31st, what happens when we get closer to March 11? Or after March 11?
There’s a reason I keep telling you it might be a good idea to get your money into GOLD.
READ BELOW TO SEE EXACTLY HOW TO DO IT — FOR MANY OF YOU, WITH NO MONEY OUT OF POCKET! YES REALLY!
Andy Shectman: “No one wants to sell their Gold or Silver at these make believe prices”
I’ve been telling you for a long time now that Gold and Silver are vastly undervalued.
I’m not a financial advisor and I can’t tell you what to do, but I can look at historical data and I can easily see that the current price of Gold and Silver makes no sense unless….it’s being manipulated.
Now who would want to do that?
And the more important question: will it go on forever, or do the manipulators eventually release the stretched rubber band and ride an explosion up?
I’ve you’ve been paying attention in life, you know the answer.
You know these crooks on Wall Street manipulate things down, then they load their boats, then they manipulate them up into a bubble.
Where are we in that process right now for commodities like Gold and Silver?
Right exactly where I placed that star up above.
= You Are Here
The Big Boys are loading their boats.
But that’s not just my opinion.
I’m a nobody.
Listen to Andy Schectman who is an expert on these things and he lays it out PERFECTLY in two minutes.
Here’s my rough paraphrase:
“A concerted effort by the very powerful to use the suppression of commodities (gold, silver, but also a long list of all other commodities)…these countries are not complaining about suppressed low prices yet because they’re accumulating! But once it becomes obvious that the availability of these commodities is very scarce and no one wants to sell at these “make believe prices” then the public says “OMG, what have we been missing?” And maybe that all happens in concert with a breakdown of the banking system, then the public says “give it to me now” and that’s when you’ll see the circuit breakers be put into affect. But at that point it’s too late.”
Oh my!
It’s so much better to listen to him explain it in his own words.
It’s just 2 minutes long.
Watch here (as presented by my friend the Digital Asset Investor):
Comex 589 pic.twitter.com/uPzrOGXhZ5
— Digital Asset Investor (@digitalassetbuy) September 11, 2023
Or if that doesn’t work, try this:
Andy Shectman:
“A concerted effort by the very powerful to use the suppression of commodities (gold, silver, but also a long list of all other commodities)…these countries are not complaining about suppressed low prices yet because they’re accumulating! But once it becomes… pic.twitter.com/PyDSyEnCFX
— DailyNoah.com (@DailyNoahNews) December 14, 2023
So, what can YOU do to protect yourself?
To protect your family?
To stay safe?
Simple: you need to get some #Gold or #Silver in your own possession.
It’s called “physical” gold and silver.
Not paper traded garbage on the stock exchanges that isn’t backed by anything.
Don’t touch that stuff.
I have two special hook-ups for you.
Both involve PHYSICAL gold and silver.
Because if you do NOTHING else, make sure you own “physical” gold and silver, not paper contracts.
The paper contracts (like stock ticker SLV and GLD) could very well go POOF one day and disappear or go to zero, because they’re not actually backed by the gold and silver they claim to represent.
It’s a massive game of musical chairs out there and when the music stops (and I think it will stop soon…) people who only own paper might find themselves owning something not worth the paper it’s literally written on.
And I know you’ll never forget it if I give you this GIF so….Let’s Get Physical:
Now…WHERE do you get physical gold and silver and how do you know it’s real and safe?
And that you’re getting the best price?
Oh, and how about personal one-on-one real customer service?
You know, like you were some Big Wig millionaire at Goldman Sachs who could just call their personal banker and get help?
That’s what I’m about to tell you.
I have two killer connections for you…
The first is for purchasing gold and silver bullion.
That means bulk bars.
That’s the cheapest and most economical way to do it, to stretch your dollar into as much gold and silver as possible.
The website is called WLT Precious Metals and when you see my logo in the top left-hand corner, you’ll know you’re in the right place.
You’ll get a personal phone call with Ira Bershatsky (or someone on his team) and they will work with you free of charge for as long as needed to answer any questions you have and get you taken care of.
How about that!
You don’t see that much anymore, but Ira and his team pride themselves on good old-fashioned real customers service:
No sales pitch, just real, actual help.
And the best prices you will find.
Here’s the only disclaimer I will give you: because they do pride themselves on dedicated service, it might take a few days before you get a phone call back. Just be patient.
Good things come to those who wait!
You can contact Ira and WLT Precious Metals here.
Ok, that was #1.
Now I want to tell you about option #2.
An equally great company, I am so happy to be working with these guys.
This next company is called Genesis Gold and this is for people who want to purchase real physical gold or silver in their IRAs (Investment Retirement Accounts).
You know what the beauty of that is?
TAX FREE baby!
I’m not a tax advisor, but that’s a general oversimplification.
Never pay more taxes than you are legally required to pay.
And that’s why I love getting gold and silver in my IRA (and why I hold a large chunk in an IRA myself!).
There’s so much to love about Genesis Gold, starting with the fact they are proudly and un-ashamedly Christina!
They call it “Faith-Driven Stewardship” and they put it right on the homepage of their website along with a quote from Ezekiel:
Wealth Preservation With Gold & Silver –
The Genesis Gold IRA
By your wisdom and your understanding you have made wealth for yourself, and have gathered Gold and Silver into your treasuries – EZEKIEL 28:4
Genesis Gold Group believes the Bible gives clues on how man-made currencies (paper money) represent instability, and a lack of virtue and encourages living wastefully in excess.
Conflicts have beleaguered us since the dawn of civilization, and they can all be encapsulated into one battle. The battle is between currency, man-made paper, and gold and silver — the two precious metals found in our Earth’s crust, sent to us by our Lord to use as money. Man-made currency always leads nations down the path to increased war, greed, and ultimate collapse. History has shown that abandoning gold and silver has always been a bad idea. Gold and Silver enforce discipline, nurture self-constraint, self-reliance, and balance, and lead to confidence, a restrained government, and a more stable foreign policy.
Genesis Gold Group believes in empowering faith-driven stewardship with Gold & Silver are an integral part of a balanced portfolio. Protecting your finances with precious metals has never been more crucial during these trying times.
With a combined 50-plus years in the precious metals industry, let your Genesis gold and silver experts guide you through the simplicity of asset protection and growth with our Genesis Gold IRA.
Sincerely,
Genesis Gold Group
Empowering Faith-Driven Stewardship
Oh….and they’re VERY good at what they do.
You also get physical gold and silver with Genesis, believe it or not! The gold and silver is purchased for you (in whatever combination of coins and bars you prefer, a picture taken and sent to you, and then stored safely in a vault for you!
I love what these guys are doing.
Here’s more on why gold and silver in your IRA are so powerful:
You can contact Genesis Gold here.
They are also very backed up with record demand, so you may have to wait a bit, but someone WILL get in touch with you for personal customer service and assistance!
Tell ’em Noah sent ya!
Oh, and did you know Genesis is recommended by SUPERMAN himself?
It’s true.
Superman himself, Clark Kent — Dean Cain — came on my show a few weeks ago and we broke it all down:
Watch here:
Stay safe!
Make sure you can weather the storm when it hits!
Because the storm always hits eventually, doesn’t it?
As for me and my house, we will be ready.
“}]] [[{“value”:”
Will we see a crash in the bank on Monday? I don’t. It’s possible we don’t. But will Monday set off a chain of events that will lead to a revolution? This is something I believe is very likely. This is a big deal …. I’m not an advisor, just a journalist but I’m not a reporter. Remember the Banking Crisis 2023? In March/April last year, four banks failed within a few short weeks of eachother. It turns out that the Bank Term Funding Program was the key to stopping the bank run crisis. Since then, the Bank Term Funding Program has been in operation. But it ends Monday. What happens if you remove the safety? Imagine a huge skyscraper which suddenly becomes unbalanced, and is about topple over. A crew of emergency workers rushes to the scene and builds tons more reinforcements to stabilize the building. The building remains stable for more than a year. Then, the reinforcements are taken away. What happens next? You don’t have to be an expert economist or banker to understand this. I’ll simplify it for you. Grok will explain it to you. It was created in response to the sudden failures of Silicon Valley Bank and Signature Bank, the largest bank failures since 2008. The program offers up to a year-long loan to eligible borrowers who pledge collateral that can be purchased by Federal Reserve Banks during open market operations. The program began on March 12, 2020, and is set to end on the 11th of March 2024. The Federal Reserve announced that the program would cease making new loans on schedule. The end of the BTFP could cause chaos, and even a bank crash or crisis because it provided additional liquidity to financial institutions that had an asset-liability mismatch relating high-quality collateral. The goal of the program was to give banks an alternative way to fund liquidity requirements by selling high-quality collateral quickly at discounted market prices. If the program is terminated, banks that rely on the BTFP to fund their liquidity needs may find themselves in a tough position, which could lead to a bank crash or crisis. Federal Reserve officials have stated that the program is being ended as part of a planned measure to show support for the banking sector. The Fed has just removed the safety net of the Bank. Stop the arb and end program in March. https://t.co/qkskXFo6Tl pic.twitter.com/dEQZdnOjKh — Edward Dowd (@DowdEdward) January 25, 2024 UH OH!!! Here it is from the Fed’s own Twitter account: @federalreserve announces that the Bank Term Funding Program (BTFP) will cease making new loans as scheduled on March 11: https://t.co/W4dc2cj6TB — Federal Reserve (@federalreserve) January 25, 2024 And the official Press Release from the Federal Reserve: The Federal Reserve Board on Wednesday announced that the Bank Term Funding Program (BTFP) will cease making new loans as scheduled on March 11. The program will continue making loans until then and is available to eligible institutions as an additional source for liquidity. During a period when the banking system was under stress last spring, Bank Term Funding Program provided support to the economy and helped ensure stability. After March 11, banks, other depository institutions and credit unions will still have access to the discount window for liquidity needs. The interest rate for new BTFP loan has been adjusted to ensure that, as the program ends and new loans are extended from now until program expiration, the rate will not be lower than the current interest rate on reserve funds. This rate adjustment ensures the BTFP continues support the goals of program in current interest rate environment. This change takes effect immediately. All other terms and conditions of the program remain unchanged. The BTFP was created under Section 13(3) Federal Reserve Act with the approval of Treasury Secretary. This program has only served to mask the fact that nothing has changed from last year. The interest rates have increased, putting more pressure on the system. The net result is…not good. What happens when the safety net is removed? It will be interesting to see how things turn out when the BTFP expires in March. This is the emergency lending program that the Fed set up during the regional banking crisis. Small banks are still suffering. Follow us @KobeissiLetter to get real-time analysis as it develops. The Kobeissi letter (@KobeissiLetter), January 31, 2024 Brandon Aceto explains it well: “Heads up, folks…this could turn ugly very fast.” I think the first cracks are already beginning to appear. Below is the bank that many think is about to fail. What happens if that started on January 31st? Or after March 11th? There’s a very good reason why I keep telling you to put your money in GOLD. READ BELOW TO SEE EXACTLY HOW TO DO IT — FOR MANY OF YOU, WITH NO MONEY OUT OF POCKET! YES, REALLY! Andy Shectman says: “Nobody wants to sell their Gold at these false prices.” I’ve been telling people for a very long time that Gold and Silver have been undervalued. I’m no financial advisor and can’t tell anyone what to do. But I can look back at historical data and see that the current Gold and Silver price makes no sense, unless ….it is being manipulated. Who would want to do this? The more important question is: Will it continue forever or will the manipulators eventually release a stretched rubber band to ride an explosion upward? You’ve been paying close attention to life and you know the answer. You know that Wall Street crooks manipulate things down to load their boats and then manipulate them up in a bubble. What stage are commodities like Gold and Silver at right now? You can see exactly where I put the star. You are here The Big Boys are loading up their boats. But it’s not my opinion. I’m a nobody. Here’s my rough estimate Here’s a rough estimate The public will only realize that these commodities are scarce and that no one is willing to sell them at these “make-believe prices” when it becomes apparent that they are in short supply. “But by then it’s already too late.” Oh my. It’s much better to hear him explain it himself. It’s only 2 minutes. Watch here (as presented by my friend the Digital Asset Investor): Comex 589 pic.twitter.com/uPzrOGXhZ5 — Digital Asset Investor (@digitalassetbuy) September 11, 2023 Or if that doesn’t work, try this: Andy Shectman:”A concerted attempt by the very powerful to suppress commodities (gold, Silver, but also a list of all other commodities )…these nations are not complaining yet about suppressed low price because they’re collecting! But once it becomes… pic.twitter.com/PyDSyEnCFX — DailyNoah.com (@DailyNoahNews) December 14, 2023 So, what can YOU do to protect yourself? To protect your family or yourself? To protect your family? To be safe, you must have some #Gold or Silver in your possession. It’s “physical” silver and gold. It’s not the paper traded garbage that is traded on stock exchanges and has no backing. Do not touch that stuff. I have two special hookups for you. Both involve PHYSICAL silver and gold. If you DO NOTHING else, you should make sure that you own “physical” silver and gold, not paper contracts. Paper contracts (like stock tickers SLV and GLD), which are not backed by gold and silver, could go POOF and disappear one day or go to zero. When the music stops (and …) I think it will soon stop) people who only own papers might find that they own something that isn’t worth the paper on which it’s written. ….Let’s Get Physical: Now…WHERE can you buy physical gold and silver, and how can you be sure it is real and safe? And that you are getting the best price possible? How about real one-on-one customer service? You know, as if you were a Big Wig Millionaire at Goldman Sachs and could call your personal banker to get help? This is what I am about to tell. I have two killer connections… The first is to purchase gold and silver bullion. Bulk bars are what I’m talking about. This is the most economical and cheapest way to get as much gold and as much silver as you can for your dollar. You’ll know that you’re at the right website when you see the logo of WLT Precious metals in the upper left-hand corner. You will receive a personal call from Ira Bershatsky or someone on his team. They will work with you for free as long as you need to answer your questions and take care of you. What a great idea! Ira’s team is known for their good old-fashioned customer service. No sales pitches, just real help. The best prices around. The only thing I’ll say is that, because they pride themselves on their dedicated service, you might have to wait a few extra days before you hear back. Just be patient. You will reap the rewards of your patience! Here you can contact Ira at WLT Precious Metals. Okay, that’s #1. Now let me tell you about Option #2. This is a great company and I am happy to work with them. This next company, Genesis Gold, is for those who want to buy real physical gold and silver in their IRAs. What’s the beauty of this? TAX FREE, baby! I’m no tax advisor, but this is a general oversimplification. Never pay more tax than you’re legally required to. That’s why I like to have gold and silver in my IRA. (I also hold a significant amount of it myself!) Genesis Gold is a great company, and I love that they are Christinas! They call it Faith-Driven Stewardship and put it on their homepage along with a quote by Ezekiel. Wealth Preservation With Silver & Gold –
The Genesis Gold IRA You have accumulated wealth and gold and silver in your treasuries because of your wisdom and understanding – EZEKIEL28:4 Genesis Gold Group believes that the Bible provides clues about how man-made currency (paper money) represents instability, a lack virtue, and encourages excessive living. Since the dawn of civilisation, we have been plagued by conflicts. They can be summed up into one battle. The battle is between man-made currency, gold and silver, the precious metals that are found in the Earth’s crust and sent to us by God to be used as money. Man-made money always leads to increased wars, greed and ultimately collapse. History has shown us that abandoning gold or silver was a bad decision. Gold and silver are a good way to maintain discipline, encourage self-control, self-reliance and balance. They also promote confidence, a more restrained government and a stable foreign policy. Genesis Gold Group believes that Gold & Silver is an integral part of a well-balanced portfolio. In these difficult times, protecting your finances with precious materials has never been more important. Let your Genesis gold and Silver experts, with a combined experience of more than 50 years in the precious-metals industry, guide you through the simple process of asset protection and growth using our Genesis Gold IRA. Sincerely, Genesis Gold Group Empowering faith-driven stewardship Oh ….and these guys are very good at what they’re doing. Believe it or not, you can also get physical silver and gold with Genesis! The gold and silver are purchased for you in the combination of coins and bar you prefer. A picture is taken and sent to your email address. They then store it safely for you in a vault! These guys are amazing! Contact Genesis Gold to learn more about why gold and silver are so valuable in your IRA. You may have to wait for a while, but they will contact you with personal customer service. Tell ’em Noah sent ya! Did you know that SUPERMAN himself recommends Genesis? It’s true. Watch this video: Stay safe. Superman himself, Clark Kent – Dean Cain – appeared on my show a couple of weeks ago. Be prepared to weather the storm! The storm will always come, don’t you think? I and my house will be prepared.
“}]]
