If you got more than 100K in the bank step inside.
 

I really hope you are paying attention.


FDIC takes over two more failed banks
28 branches scheduled to reopen Monday as Mutual of Omaha Bank.
The bank list is in that artical.

http://www.msnbc.msn.com/id/25857049/

With these bank closings and bank take overs going on, the FDIC insured amounts of 100K are safe. If you happen to bank and have holdings over 100K in one place you better think about spreading it out or buying gold or precious metals.

I am going to predict the bank's are going to continue taking a beating and people will lose there savings if it goes over 100K. I know some of you are fairly wealthy but I do hope you are a little panic'd about all this and making plans.

What do you plan to do if anything? I would be scoring up Precious metals.
Right now on EBAy people are buying up 22K silver and 14K silver along with 14K gold and 22K gold just to melt the shit down.

Cheap gold trinkets add up a friend of mine has been buying gold and melting it and told me the shit on the deal its sounding pretty lucrative.

http://www.goldwhy.com/gold-images/kilo-silver-bars.jpg
1 Kilo of Silver

http://www.goldwhy.com/gold-images/c...-gold-bars.jpg

Gold Ounce Bars.

if someone has 100k sitting in the bank then they need to get themself a financial advisor and invest it cause having money sitting in the bank is worthless nowadays, with inflation you are actually losing value on it.

my money goes into property (no I dont live in the US) and then I rent the places out and its been a good safe yet lucrative investment for me the past 10 or so years.

True, having things spread out makes the best sense, here in the states though reasonable investments are drying up. Nothing is safe it seems here. Stocks are in the shit, bonds are on the shitter, Realestate is fucked, the only thing that is rockin is Oil and Biotech and Pharmacies.

Gold is a good diversification but commodities should start rising again soon.

How the fuck do you buy gold bars on ebay? Can you recommend a reputable company? Can you buy gold with paypal?

Just send me your money and I'll invest it for you.

Hi, Bama! Your portfolio is at $1,223,842.79, up 22.38% since you started on 5/08/08

I can't imagine being dumb enough to have $100k in one account. We have 4 biz accounts. One for affiliate payouts, one for model payouts, one for taxes, and one for working capital. Plus I got 2 personal accounts. I don't trust no one, so if someone fucks me... they can't fuck up my entire life. 100k+ in one account???? Crazy talk.... although with Indymac going down you heard stories of businesses/individuals doing just that, and now that can't pay their employees, or have half their retirement savings wiped out. Dumb, dumb, dumb.

Agreed.

:2 cents:

http://www.gofuckyourself.com/showthread.php?t=843805

read that thread ^

sorry to disappoint you all. but if shit really falls apart the FDIC only has 52 billion to insure 4.2 trillion. :2 cents:

This looks like a good way:

https://youtube.com/watch?v=J_pxFXlxwl8

Better than holding your gold.

Time to let Bush know he has to print some more paper.