{"id":408,"date":"2009-02-13T21:51:10","date_gmt":"2009-02-14T03:51:10","guid":{"rendered":"http:\/\/sagantech.com\/blogs\/?p=408"},"modified":"2009-02-14T13:16:35","modified_gmt":"2009-02-14T19:16:35","slug":"4-banks-go-under-today","status":"publish","type":"post","link":"https:\/\/sagantech.com\/blogs\/?p=408","title":{"rendered":"4 Banks go under today"},"content":{"rendered":"<p>Gerald Celente of <a href=\"http:\/\/www.trendsresearch.com\/\">trends research<\/a> predicted runs on banks will occur in February of this year. I believe that prediction was made in the middle of 2008.<\/p>\n<p>Today we have <a href=\"http:\/\/www.calculatedriskblog.com\/2009\/02\/bank-failure-13-pinnacle-bank-beaverton.html\">4 more banks that have gone under<\/a> making 13 so far this year. It should be clear to the American public that the biggest banks are insolvent. We will most likely see a lot of banks, store chains, malls, restaurants, etc. closing in the near future.<\/p>\n<p>With deflation it might make sense to hide money in your mattress instead of a failing bank. At least move your money to a local bank that has no CDS, MBS, SIV or other toxic asset exposure. That means out of Citibank or Bank of America for sure.<\/p>\n<p>Then there is the stock market, which is starting to look like the 1930&#8217;s. Use of this chart as a guide might be useful:<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.tickerforum.org\/cgi-ticker\/akcs-www?getimagenr=18852\" alt=\"DJII\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gerald Celente of trends research predicted runs on banks will occur in February of this year. I believe that prediction was made in the middle of 2008. Today we have 4 more banks that have gone under making 13 so far this year. It should be clear to the American public that the biggest banks [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-408","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/sagantech.com\/blogs\/index.php?rest_route=\/wp\/v2\/posts\/408","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sagantech.com\/blogs\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sagantech.com\/blogs\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sagantech.com\/blogs\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sagantech.com\/blogs\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=408"}],"version-history":[{"count":7,"href":"https:\/\/sagantech.com\/blogs\/index.php?rest_route=\/wp\/v2\/posts\/408\/revisions"}],"predecessor-version":[{"id":415,"href":"https:\/\/sagantech.com\/blogs\/index.php?rest_route=\/wp\/v2\/posts\/408\/revisions\/415"}],"wp:attachment":[{"href":"https:\/\/sagantech.com\/blogs\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sagantech.com\/blogs\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=408"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sagantech.com\/blogs\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}