coastaljerseyguy ✭✭✭✭✭

Yes but the paper requires physical backing. In the last 2 years SLV shares increased ~ 10%, or 10,000,000 shares. Upon issuance, each share requires 1 oz of physical. That plus the current LBMA shor… (View Post)

You keep mentioned 'they' didn't want the TARP money, like it applied to all banks. Ok Goldman got $5B from Warren earlier and JPM was not heavily involved with CDO's like ML, BofA, Wachovia and doze… (View Post)

Well not sure comparing post GFC failures to 2023 is a meaningful analysis. Look at 2007, WAMU was probably one of the most profitable financial institutions around, as was CITI, ML, AIG, etc. Agree … (View Post)

Huh, although the GSE's, FED, and the regulators share a lot of the blame, the banks, retail & investment, namely WAMU, ML, Lehman, Wachovia, etc caused the 2008 crash with their leverage and que… (View Post)

Not all toning progresses, and will say most never progress to terminal when removed from primary source of interacting agent. (View Post)