Above headline quote comes from a friend who is saving silver. Lots of it.
May 4, 2023 – Joe Lange “Just My Opinion”
“Here’s part of my post on the 25th.
No market can rally without the banks and after today? The banks’ serious troubles are just beginning.
If this week is a bad week for the market, then May might be brutal.
Here’s what to watch for.
If the S&P 500 breaks the 4069 area, it will then head down to the 3979 area.
That 4000 area might be a speed bump on the way down but if it breaks it with heavy volume, then look out below.
The entire market is sitting on the edge.
The ones in the market are already nervous, it won’t take much to panic them.
I hit the nail on the head!
S&P broke the 4063 area. Now heading down to the 4000 area speed bump before heading down to 3950 area.
May 4, 2023
PACW will be this weekend’s bank takeover.
It’s an easy prediction because the writing is on the wall.
Average daily volume is now 23 million shares and it’s down almost 50% and already traded 52 million shares.
Another bank on the watchlist may go down this weekend.
If not this weekend, then it will be next weekend.
WAC
Western Alliance Bancorp
RBC tried to reassure stockholders and so did Wells Fargo.
Shareholders aren’t buying it.
They are selling like crazy before they lose all their money.
WAC is down 43% and its average daily volume is almost 8 million shares traded daily.
Today it’s only noon eastern standard time and it’s already traded over 24 million shares!
May 3, 2023
Can’t leave the crooked Goldman Sachs out of the crisis.
This news just hit.
As I’ve been saying, these crooked banks going bust are all tied to Wall Street banks in some way.
This is a controlled demolition of the crooked banks.
