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Bank run sinks Silicon Valley Bank

Original post made on Mar 13, 2023

A run on a Bay Area bank with billions in deposits prompted state regulators to close it Friday, according to court documents.

Read the full story here Web Link posted Saturday, March 11, 2023, 9:05 AM

Comments (1)

Posted by Rich Buckley
a resident of Jensen Tract
on Mar 13, 2023 at 12:46 pm

Rich Buckley is a registered user.


The Silicon Valley Bank run is the tip of the iceberg in the process of calving. We will start seeing hyper-inflation this summer. Hyper-inflation prices go up really fast... daily.

Stock up on:

(1) Food stuff for yourself that will last for many months before it's consumed.... survival food, you know, dry stuff you can add hot or cold water to and eat.

(2) Stay in business by stocking up on everything you use in business. You will be the core that keep your clients sane. Pay a premium to get this stuff into your possession.


Hyper inflation Starts in May (+-)
July - Aug - Sep will be terrible.
After Sep we enter a decades long rebuilding mode.

A natural reduction of accommodation. People are NOT going to be receptive to government telling them what to do. .... Stock Up and stay in business. If you can muster the resources stock up for a 2-year stretch.

I sense we are going into one of the greatest depressions of all time ... greater than 1933. We are probably going back to constitutional money not debt money Federal Reserve money we have now. We will probably see reintroduction of the CCC (Civilian Construction Corps) like we had in the 30's to help build us out of the depression by employing people ... like building the proposed 15-new cities.... We'll likely see new mining and very deep oil drilling for gas and oil as Russia is doing and other countries are starting. The more we can lower the cost of energy the more we can build ourselves back to good health. The academic structure will probably crash quickly in the short run. The huge endowments of our great Universities is mostly invested in stuff from which they can not get their money out. Professors will walk away in search of alternative employment. It's going to be a rough summer. Use your summer months ... not for rioting... but for getting ready for next year. Support your local community as best you can.

Stock up. ... NAMASTE... Rich Buckley

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