Tuesday, October 05, 2021

10-4-2021

 


Coinbase hack sees thousands of users accounts drained Crypto

Canadian Earthquakes Researcher @mxdondevivo ⚠️ Warning of Pacific and Eurasian Tectonic Plates being tightening up against each other, and stoped moving! Imminent 10.0 + Global Earthquake by 2023!! Why is information about this being Censored and Silenced?


Friendly Reminder: We are in largest stock market bubble in human history. Get out while you can







Titanic 2.0 - Bank of America

Remember that article I wrote a couple months ago? The one that suggested these banks were facing serious liquidity issues?

Yeah..... this one

While the rest of the world wants you to believe everything is fine, there are literally dumpster fires all around us. The objective in writing I Ain't Hear No Bell was to call out these banks on their shenanigans. FINRA fined several of these major players for failing to meet capital contribution requirements, including Wells Fargo, Bank of America, Citigroup, and others.

The margin requirement on cleared swaps is outlined in CME Rule 971 A. While it looks / sounds innocent, it actually tells us what is going on with these ass clowns.

r/Superstonk - Titanic 2.0 - Bank of America

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In addition, CME 970 A applies to a typical margin account:

r/Superstonk - Titanic 2.0 - Bank of America

Go back and read I Ain't Hear No Bell if you haven't already. One of the main points I tried to address was the fact that these violations for cleared swaps and margin accounts are increasing from previous years. In fact, Bank of America has had several of these and it definitely piqued my interest.

r/Superstonk - Titanic 2.0 - Bank of America

BofA citation for 971.A

Check out these violations in 2021 alone:

r/Superstonk - Titanic 2.0 - Bank of America

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So, why does this matter? Simply put, we know hedge funds have been hyper-shorting GME and other tickers for quite some time. House of Cards showed how this is done illegally without serious consequences. I tried to put two and two together to show that it would drastically impair liquidity if this was maintained by "kicking the can down the road". In a world where cash is LITERALLY interest free, why in the f*ck would it be so hard for banks to maintain sufficient capital?

My guess- their shorts are on fire

r/Superstonk - Titanic 2.0 - Bank of America

https://franknez.com/bank-of-america-has-been-illegally-shorting-amc-stock/

r/Superstonk - Titanic 2.0 - Bank of America

Now, lets ignore the fact that this article addresses the movie stonk. Check out this update from the fed on August 5th 2021.

r/Superstonk - Titanic 2.0 - Bank of America

https://www.federalreserve.gov/newsevents/pressreleases/bcreg20210805a.htm

Why in the world would the fed require large banks to increase their capital to $1 trillion when FINRA just fined the same banks for not being able to meet their CURRENT obligations?? Where is this additional need coming from?

My suspicion is that the volatility with heavily shorted stocks will continue squeezing these mofos and that requires a sh*t load of cash on hand to meet their margin requirement. Add to this the fact that the repo market has been at all time highs which 'ensures' a continuous supply of cash to the financial system. You'd think they would have their asses covered, right?

Wrong

r/Superstonk - Titanic 2.0 - Bank of America

https://www.bloomberg.com/news/articles/2021-10-01/bank-of-america-outage-shuts-out-thousands-of-digital-customers

Is it a coincidence that Bank of America experienced a service 'outage' on the same day that the fed implemented their new capital requirement? It's almost like they wanted to prevent changes from being made to cash balances while they calculated their new margin requirement. I can't prove this, obviously, but if it walks like a duck....

Besides, it's not like these financial institutions haven't done anything like this in the past, AmIRite?

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r/Superstonk - Titanic 2.0 - Bank of America

https://franknez.com/bank-of-america-has-been-illegally-shorting-amc-stock/

Looks like Janet Yellen is saying the same thing... at least she does when she's not being paid to say the opposite. ___________________________________________________________________________________________________________

I'm trying to keep this as objective as possible, but there are SO many f*cking signs pointing to liquidity issues right now. On top of this, companies like Evergrande are showing us just how overleveraged these major players are.

I know Robert Kiyosaki has been saying "a collapse is coming" for like 200 years, but with everything going on.... dude might be onto something...

Two things are certain:

  1. I told you so

  2. Margin calls are coming

DIAMOND.F*CKING.HANDS

















This is extremely bullish. Stocks in the US are down 1.5% (S&P 500) while BTC is up 1.7%. Decoupling is critical for Bitcoin to reach new highs.


By a Nearly Unanimous Margin, IATSE Members in TV and Film Production Vote to Authorize a Nationwide Strike






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