US Banks

[Roy Hobs]

something I've noticed in the past year............

I don't bank, so when I receive checks from clients, I go directly to their bank and cash it.  I visit many banks.  Here is what I have discovered........

When the market is up, all the Tv's are on with financial shows -- CNBC, Bloomberg etc., etc.

When the market is going down, the Tv's are all turned off.  To the average Joe, they probably don't even notice.  But since I do this a few times a week, it is becoming apparently obvious.  

Coincedence?  I think not.  And it's coordinated.  Meaning.......it's not just one Branch, or Bank.  But all of them.  

Bastards.

[Free Truth]

Interesting.

So what do you do with your stack? (I know you may not want to answer that...)
I'm considering totally pulling out too, but storing savings is the deterrent. Safety deposit box? -Still in the banks... ?

I saw this on TFC, but I don't know...
http://www.kitcocasey.com/articles/2640 ... -and-soon/

[Roy Hobs]

So what do you do with your stack?


Convert to Money Orders and pay bills etc.    

Now.....purchasing some land.  

Real Estate has gone down tremendously where I live, but Land has not.  I was hoping to get a really good deal, but everyone with a decent piece of land is not selling.  I'm paying the rate from 3 years ago.  $15,000 an acre.  To me.........it's worth it.  A place to hunker down.

[Free Truth]

Buying land, eh...
 
:idea: