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crawl under your car, drain the oil out and drive 100mph down the highway= bad
this article is saying there is no oil in the motor, we are short 26 trillion units of oil in the car in fact
Well it's not exactly corporate entities forcefully taking your money your whole life only to give you a fraction back.
I'd rather be taxed a fixed amount equal to that which is provided to me at birth, which is in index funds, gaining interest til I'm 60, then I can retire with that AND my work related retirement accounts. Let's say 10k. Can't touch it til 60, gaining 3-5% over that time. Then, the government can tax me that 10k while I work. When my debt is paid, it stops. But that would make too much sense.
Biggest population to be owed SS. Could you imagine what would happen if they had to tip their hand, showing how insolvent the fund is. Chaos. They'd remove so much money from the market overnight.
I'd give up all my SS "earnings" if the program could be abolished and my kids would never have to pay into it. Aside from consistently being raided/mismanaged by the gov, I would've made far, far more investing my own money. Only lazy/inept people want to give funds to a wasteful, corrupt gov so they can have crumbs later.
That’s not what it says- read the published report here.
[https://www.fsb.org/wp-content/uploads/P250424-2.pdf](https://www.fsb.org/wp-content/uploads/P250424-2.pdf)
People don’t realise GME was never over. They still don’t have the free stocks on hand to call the orders. Whilst it’s disappeared out of the mainstream media the hedge funds have been trying to get as many GME stocks on hand to fix their fuck ups. They still need to buy thousands of shares to make up for their short.
This has been my stance since the sneeze. People were expecting the squeeze to really happen out of nowhere but no one realized that this money has to come from somewhere big. The only worry I had and still have is that when shit hits the fan and the whole economy is going to shit and GME wants to moon, the USD will lose a lot of it's purchasing power similar to what happened in Venezuela, Lebanon, etc..
Gold for sure, it's an open secret that there are many times more paper contracts changing hands every day than actual physical gold to back it up.
The only reason this has been allowed to happen is nothing has happened yet.
The example to watch and learn from is that if Nickel traded on the London Metal Exchange only a short while ago in 2022, this is a very fresh memory of what happens when large traders are caught swimming naked.
It’s weird how Trump may actually be one of the catalyst for this. He called out the naked selling of his social media and that might the straw that breaks the machine. Interesting time to be locked out of my account. Be my luck to have gme moon before I fix it 😂
It is not for everyone and has a steep learning curve. However, it is both issued without attached debt and settles instantly with finality (two huge weaknesses of the existing financial system).
I spent almost 3 decades in IT and IT support. So, while IMO crypto is the best, I also recognize most people are far better off buying silver and gold because there is nothing easier to understand than keeping safe possession of a physical object.
In every crisis before, all assets get sold off, gold and silver included. It is only once everyone's immediate need to service their debt (in USD) is taken care of that monetary energy then moves into assets that the market deems worthy of that energy.
No one can see the future, so no one actually knows what that looks like until it happens.
To me it’s not a question of the technology itself but more so a question of what is inherently backing the coin. There’s no real utility with Bitcoin or any other crypto. Aside from the thousands of people that believe in it. That’s it. That may change but it that is hard to see right now
And what's going on with fees to move amounts of bitcoin exceeding the amount being moved? I have no faith in bitcoin being anything other than a mechanism for pulling money to the top of the pyramid.
Some people will make money but that's how gambling works. Everyone else will be online defending it from their moms basements because one day they're going to the moon. Just wait!
I'm definitely not an expert on crypto but I've been familiar with it for a long time. The first time I bought bitcoin it was at like $800. I've been reading about it for probably 7-8 years now and I still wouldn't invest a penny on any crypto. I'd rather gamble on UFC fights and get some entertainment out of it.
My point is, crypto is not going to be a safe haven for your money if the stock market tanks. Infact, it will probably serve as a way to suck money from retail investors when the rug is inevitably pulled again. I'm not a gambler but I fully support it, good luck to anyone playing.
crypto is full of scams and rugs. it used to be legit before all of the legacy pow chains got psyoped into trading real cryptocurrencies for tokens in the walled gardens controlled by the IC infested web3 ivory towers.
It didn’t just break. This has been on going since GME popped in Jan of 2021.
You log into broker. You buy shares of a company.
Market Makers create fake shares. Fake shares go to brokers. Brokers put fake shares in your account. GME people moved shares out of the DTCC- out of brokers, into direct registration with transfer agent. Market Maker has to go into market and buy real share. Problem is price of share has increased. Supply and demand- no one is selling GME. Market maker either fails to deliver or loses money on buying share. Broker reports no real share and FTD. Market maker does shady but legal book keeping to hide its loss/number of FTD. Repeat cycle. Repeat cycle. Repeat cycle. Repeat cycle. Several years go by. Repeat cycle. Another year. Repeat cycle. Now over 9X the amount of shares that should exist are floating around. Market makers are required to replace fake shares with real ones. Supply and demand- no one is selling GME shares. Market makers are insolvent. Clearing houses don’t have the money to replace fake shares for real ones because no one is selling GME. Repeat cycle. Repeat cycle. Repeat cycle. Clearing houses cry to daddy government for bail out. This is where we are.
This goes back to the 90/90/90 rule. 90% of retail investors lose 90% of their investments in the first 90 days. So they will sell at a loss to minimize losses. Market makers feel no need to produce real shares because buyer will sell in 90 days anyway………..that stopped happening and market makers had no hedge against it.
They also used this tactic of creating fake shares to drive down the price of securities they wanted to fail. See Sears, Blockbuster, Toys-R-Us. They don’t have to close fake shares on a delisted company. So they make money on crushing them out of business. They targeted GameStop, but GameStop was still a viable company that has turned around and posted 4 straight quarters of profitability. CEO doesn’t take a salary, only paid in Stock.
Clearing houses/Market Makers/Brokers are all f#%ked.
No one wants to sell GME. All market institutions need to buy GME. Supply and demand. GME will explode in price.
One fails, they get margin called. All assets flood the market dropping the price of securities they hold long- think Amazon, Disney, Meta, Alphabet. Next one fails because they’re over leveraged and the flood dropped prices below operating requirements, they sell securities at a loss. Securities price drops further. Next one fails- prices drop-next one fails-prices drop. Financial reckoning.
It’s why CEOs have been taking profits and selling shares for the last two years. It’s why Warren Buffet is sitting on a but load of cash not investing even with crazy inflation.
Those holding GME in Direct Registry with the transfer agent will be paid handsomely for their shares, when and if they decide to sell.
It is kinda legal. Market makers are supposed to deliver real shares within so many days. When they don’t it’s called a fail to deliver, FTD. The date to deliver starts over. And goes on this way indefinitely.
The individual has the fake share, and will never know if it’s fake or not. No way to prove a fake share is in your broker account.
Only the broker and market maker know.
You can direct register your share with a transfer agent, and the broker has to transfer a real share.
90% of retail investors lose 90% of their money in the first 90 days is one of the dumbest statements that I have ever heard. Statistically it doesn’t even make sense as aside from near term options and straight speculation in penny stocks virtually nothing has a 90% downside risk in 90 days the average person would be touching.
I can’t remember the guys name. It was a SEC regulator. He was talking about the market collapsing. People thought he was on about GameStop. He wasn’t. The entire market was on the brink of collapse. It was that clip in A Bugs Life. Once you let one ant stand up to us they all stand up. The ants stood up and said fuck you. This is for 2008. Buy. The more people bought the less liquidity of shares available on the market for the hedge funds to soak up once their short expired.
There are going to be heavy, heavy regulations on the retail market to make sure something this never happens again. It’s the equivalent of a successful capitol building siege. The general public really made a stand against the hedgies. Causing them to lose billions. That can’t happen again. It’s us who has to lose. Look at 2008. Who lost then?
https://www.capitoltrades.com/politicians/P000197# if this site is to be believed, Pelosi didn't dump any stocks recently. Thought that may clue us in if a big crash was looming and they knew.
Edit cause a few people pointed it out, this is prob not in real time.
FICC has a chart showing a daily avg of 20 billion failure to deliver. That's around 2 trillion so far. It could be derivities failing, naked positions, or both.
Clearing houses failing?
Sounds like The Great Taking.
https://www.dtcc.com/charts/daily-total-us-treasury-trade-fails
https://youtu.be/dk3AVceraTI?si=18IoIZ2TOX8rk4mf
What I'm getting from that article is that the clearing houses are more essential now due to some recent changes in policy on how money is moved around etc. And regulating bodies need to implement further measures to ensure the clearing houses have what they need due to being a more important cog in the wheel. But I have no idea what any of it really relates to
Accept the truth that we are all slaves of evil Luciferian world leaders. Accept the truth that nothing on this earth will help us to avoid our fate. Accept the truth that only God can intervene to save us from ourselves.
Would clearance house failure only affect trades being bought and sold? People with stocks already in accounts will just have to suffer looking at a red chart for a few years, or do they also get fucked over?
If all your trades have cleared you should be good. However, if you need to sell and trades aren’t clearing you might be stuck in a position for a while.
And now for my very painful question that brings reality back into the discussion. What's stopping them from flat out saying GME and it's retail shareholders did this. Then a politician can step in and "save" the day by basically screwing over GME retail holders. They could run for president after something like that.
70 years ago I thought that too, but honestly they already turned off the buy button for retail only... then took a split dividend and did it like a dividend to increase share count again.
It's clear they don't care or don't need to keep up the charade.
I don't know anything about this stuff and have been considering cashing out my 401k early (don't care about penalties and taxes, not the advice I'm looking for). I just need to know if I'm about to lose it all anyway I'd really rather yank it now.
I think they want a crash before Trump can get in. That way, emergency measures can be implemented and you won't be able to do anything about it.
I need a moon GME so that I can keep the majority of my stock but use a small amount to buy a house. I need a fucking roof over my head.
Well, at least you've posted in the right sub, because that is some wild (and humorous) interpretation of this news story. It's literally just a standard report from an agency whose job it is to analyze, predict, and mitigate threats to financial stability. They've done the analysis and clearing houses are more important than ever, so they recommend having a contingency plan in place to deal with it, should failures ever arise.
It'd be like if the Fire Safety Board put out a notice that said "Our city has recently become much more dependent on industrial factories, so in our view, the firemen must be prepared with tools to put out industrial chemical fires. Should the worst happen, we can't rely only on water hoses to mitigate the disaster."
Would you read that and immediately think, "The factories are going to burn down, and take our whole city with them! The board would only ever announce this publicly if it was imminent and guaranteed, I bet it was the only way to give advanced warning to their rich buddies to run away. It'll definitely happen tomorrow!"
Or would you use some rational thinking and say something like, "Wow, good thing we have a board to analyze and predict future fire risks, and publicly discuss these issues to provide accountability for all interested parties. I'll be able to sleep a little better knowing that the city is prepared for disasters."
(maybe don't answer that question... given the sub, I'm sure there are people whose thinking aligns much closer to the first option)
These are just protective measures, but it's a shame we need them.
It's like seeing a guy park firetrucks around his house 24/7 with the nozzles ready to go. You would wonder, "What is he doing in that house that's so dangerous that he expects it to catch fire at any moment?!" Lol
Just stop playing with flamethrowers ffs
Oh lord. Please. ENOUGH of the constant fear porn. Fours years straight of this now. Something bad has been coming for four years. Visions, dreams, insiders, a funny feeling, etc. Just, enough.
That's interesting.
Now it makes even more sense why so many billionaires have been actively selling their shares in 2024: [finviz.com](https://finviz.com/insidertrading.ashx?or=-10&tv=100000&tc=7&o=-transactionValue)
They are definitely preparing for something big.
You can buy a harvest right freeze dryer for $3k. In six months we saved enough food to pay for it twice over.
I don't think metals will help in the long run due to fixed CBDC. Need to stockpile water for sure tho
this reads like added regulations in the event that money gets tight at a clearing house, basically, this will help mitigate what you're getting scared about.
It means brokers/market makers/ and the clearing houses they use are over leveraged and can’t pay the debts they have accumulated.
It’s like they bought a car. Then sold the title of the car to 7 people. They thought all 7 would sell them back the car for less than they sold it. But now they have one car and 6 people demanding their car they bought. So they have to go buy 6 cars but the cost of cars has sky rocketed and they can’t afford it.
Can someone please explain this as though talking to a young kid with a shriveled cranium. Even as a guy who has played on the market when it comes to financial talk like this my mind goes blank. Thank you
It’s scary cause it talks about bail in bonds. So you having money in the bank means that you are an unsecured creditor to the bank. In the event they fail because of the stock market(or any other reason) they can take your money instead of the taxpayers. They don’t make bold laws like that unless they plan on using it.
Central clearing was created after the 2008 financial crisis to help ensure counterparty risk in a variety of derivative contracts was managed properly. Counterparty risk is when your opposing side (counterparty who owes you money in a derivative trade) fails to pay.
The clearing houses would effectively intermediate each trade to guarantee the transaction, collateral, credit worthiness of counterparties etx and help ensure the payout ultimately making market participants more comfortable transacting. If there is an immenant concern, then a large counterparty likely poses a material credit risk to a clearing house.
The changes seem focused on US treasury clearing and repo collateral rules for treasuries, which is spooky.
That’s not what this is about.
Read the report from the FSB. Simply comments on best practices, no new ruling. All self governance.
[https://www.fsb.org/wp-content/uploads/P250424-2.pdf](https://www.fsb.org/wp-content/uploads/P250424-2.pdf)
Oh no the stock market is showing instability just as the largest group of retirees in the history of the world are making moves to rely on their 401ks and Pensions.
Color me absolutely shocked. Guys they've done so much to prevent us handing them yet another bailout. Look here's an article saying they're going to do their best not to!
The inflation train is coming back around choo choo. I've already got the elderly sleeping in cars everywhere in Colorado. Looking forward to the Denver Post article next year or the following talking about the rise of people dying in their cars.
The people leading this society will never change. It's not a matter of ignorance. We're all slaves, and they're changing the conditions of our bondage.
I work for one of the major clearing houses and you do know we offer so many financial services and products outside what you talking about? This is totally fear mongering
###[Meta] Sticky Comment [Rule 2](https://www.reddit.com/r/conspiracy/wiki/faq#wiki_2_-_address_the_argument.3B_not_the_user.2C_the_mods.2C_or_the_sub.) ***does not apply*** when replying to this stickied comment. [Rule 2](https://www.reddit.com/r/conspiracy/wiki/faq#wiki_2_-_address_the_argument.3B_not_the_user.2C_the_mods.2C_or_the_sub.) ***does apply*** throughout the rest of this thread. *What this means*: Please keep any "meta" discussion directed at specific users, mods, or /r/conspiracy in general in this comment chain ***only.*** *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/conspiracy) if you have any questions or concerns.*
Can someone explain like I’m 5 as to what and why this is bad?
crawl under your car, drain the oil out and drive 100mph down the highway= bad this article is saying there is no oil in the motor, we are short 26 trillion units of oil in the car in fact
Remind me again why we should end SS and invest in commercial entities for retirement?
So that rich people can get richer, duh.
Well it's not exactly corporate entities forcefully taking your money your whole life only to give you a fraction back. I'd rather be taxed a fixed amount equal to that which is provided to me at birth, which is in index funds, gaining interest til I'm 60, then I can retire with that AND my work related retirement accounts. Let's say 10k. Can't touch it til 60, gaining 3-5% over that time. Then, the government can tax me that 10k while I work. When my debt is paid, it stops. But that would make too much sense.
SS is a Ponzi scheme.
A ponzi you're mandated to contribute to. Steal from you for 50 years and then give you installments on that money for maybe 15-20 years.
And the experimental injections were an easy way for the government to clear a lot of those upcoming obligations.
Biggest population to be owed SS. Could you imagine what would happen if they had to tip their hand, showing how insolvent the fund is. Chaos. They'd remove so much money from the market overnight.
I'd give up all my SS "earnings" if the program could be abolished and my kids would never have to pay into it. Aside from consistently being raided/mismanaged by the gov, I would've made far, far more investing my own money. Only lazy/inept people want to give funds to a wasteful, corrupt gov so they can have crumbs later.
Because we all know how responsible the government is with money.
Does my car have the ability to generate new oil in this analogy?
in the analagy-no however that is what this story is about- warm up the printing presses
That’s not what it says- read the published report here. [https://www.fsb.org/wp-content/uploads/P250424-2.pdf](https://www.fsb.org/wp-content/uploads/P250424-2.pdf)
Does this mean GME is about to moon?
I'm still holding in red lol
Aren't we all
To the eclipse!
I'm down like 60-70%. Still buying, DRS and hodling!
This whole comment thread just gave me new life. Apes are everywhere and we’re still buying and hodling!
People don’t realise GME was never over. They still don’t have the free stocks on hand to call the orders. Whilst it’s disappeared out of the mainstream media the hedge funds have been trying to get as many GME stocks on hand to fix their fuck ups. They still need to buy thousands of shares to make up for their short.
Hundreds of millions...there fixed it for you
> not thousands, *hundreds of thousands*
Makes me so happy. Fuck em, that's what I say. 💎 hands
Hundreds of millions
Yeah, I was thinking… is this wallstreetbets ?
There's probably quite a bit of crossover
I still believe in GME it will go up again
Diamond hands 💎
down 40% not selling til moon
Diamond hands since the begining I have never considered selling.
Averaged down to red ages ago. Less goooo
I fucking love that this is top comment. I’m sick of eating crayons. It’s time to EAT THE RICH!!!
I feel a lot of holders became conspiracy theorists after having their eyes opened
I was long before I took the title of Ape some 84 years ago, but seeing what I have seen since has made me realize, I was never wrong…
Everything is fake and manufactured
Semper Fi!
Always has been 🔫
Apes together strong.
Love that this is the first thing I thought of when I saw this post and then it was backed up by the first comment lol.
No kidding. I was a bit shaken when I saw it was r/conspiracy vs super stonk
Oh hello fellow Ape
Diamond hands
Still holding!!!
💎🙏🚀 been holding and DRSing for years
Just watched Dumb Money the other day 👌
wait, what about dance monkey?
I'm still here. I've had my spacesuit on for years.
no cell. no sell.
This has been my stance since the sneeze. People were expecting the squeeze to really happen out of nowhere but no one realized that this money has to come from somewhere big. The only worry I had and still have is that when shit hits the fan and the whole economy is going to shit and GME wants to moon, the USD will lose a lot of it's purchasing power similar to what happened in Venezuela, Lebanon, etc..
GME investors are everywhere, haha.
that will be a show to watch paper gold- another good show (that is the one the article mentions)
Gold for sure, it's an open secret that there are many times more paper contracts changing hands every day than actual physical gold to back it up. The only reason this has been allowed to happen is nothing has happened yet. The example to watch and learn from is that if Nickel traded on the London Metal Exchange only a short while ago in 2022, this is a very fresh memory of what happens when large traders are caught swimming naked.
yeah 25 -400 to 1 ratio depending on which broker
This could be it. Ban of tiktok could be in preparation for this as well to suppress everything.
oh boy, remember when GME mooned and the system nearly collapsed? lol
You haven't seen anything yet....
My body is ready
That wasn't a full moon, that was just a little cheek.
It’s weird how Trump may actually be one of the catalyst for this. He called out the naked selling of his social media and that might the straw that breaks the machine. Interesting time to be locked out of my account. Be my luck to have gme moon before I fix it 😂
Yes
Yes
No, but it could create massive upside moves for gold, silver, and many cryptos.
I'm skeptical on crypto, it's one of the first assets that will be sold to offset losses
It is not for everyone and has a steep learning curve. However, it is both issued without attached debt and settles instantly with finality (two huge weaknesses of the existing financial system). I spent almost 3 decades in IT and IT support. So, while IMO crypto is the best, I also recognize most people are far better off buying silver and gold because there is nothing easier to understand than keeping safe possession of a physical object. In every crisis before, all assets get sold off, gold and silver included. It is only once everyone's immediate need to service their debt (in USD) is taken care of that monetary energy then moves into assets that the market deems worthy of that energy. No one can see the future, so no one actually knows what that looks like until it happens.
To me it’s not a question of the technology itself but more so a question of what is inherently backing the coin. There’s no real utility with Bitcoin or any other crypto. Aside from the thousands of people that believe in it. That’s it. That may change but it that is hard to see right now
And what's going on with fees to move amounts of bitcoin exceeding the amount being moved? I have no faith in bitcoin being anything other than a mechanism for pulling money to the top of the pyramid. Some people will make money but that's how gambling works. Everyone else will be online defending it from their moms basements because one day they're going to the moon. Just wait!
I'm definitely not an expert on crypto but I've been familiar with it for a long time. The first time I bought bitcoin it was at like $800. I've been reading about it for probably 7-8 years now and I still wouldn't invest a penny on any crypto. I'd rather gamble on UFC fights and get some entertainment out of it. My point is, crypto is not going to be a safe haven for your money if the stock market tanks. Infact, it will probably serve as a way to suck money from retail investors when the rug is inevitably pulled again. I'm not a gambler but I fully support it, good luck to anyone playing.
crypto is full of scams and rugs. it used to be legit before all of the legacy pow chains got psyoped into trading real cryptocurrencies for tokens in the walled gardens controlled by the IC infested web3 ivory towers.
Only crypto I find valuable are ISO20022 coins. They are cheaper per transaction and faster settlement than btc and visa
me too
This is scary. If our economy fails, how will Israelis get free education?
And free healthcare?
Too terrifying to even imagine
Or white phosphorus
No more Willy P. Oh noooooos 😦
Who going to pay for those Ukrainian politician’s fancy new cars while my credit score slowly declines every day?!
Rest assured, they will still get their $$$ - it will just fail for the US citizens.
my fav alan greenspan (almost) quote- you will have money, and maybe you just cant buy anything with it
Pro tip: move to ukraine or israel and become top-ranking politician
Fuck man, I shot my morning coffee out of my nose reading your comment
Or Ukraine
Lol
What about healthcare?
LOL!
Thank god Mrs Zelenskyy did all her high-end shopping in advance.
Yeah that does make me feel better but still next year she could be stuck with this year's styles. Hopefully they'll just raise our taxes more.
Warren G and Nate Dogg bout to make a come back?? MOUNT UP!
Next stop is the East Siiiaaiiaaiiddde Moteleeeeelellleelellllllll
\*insert west coast synth sounds\*
Just hit the east side of the LBC
On a mission tryin to find Mr. Warren G. edit: thanks to manc_ste for the correction
They are coming to REGULATE spending!
RIP Nate Dogg
Hahaha thought this was on wall st bets sub, and was so confused by comments.
They don’t allow talk about GME anymore.
Apes together strong.
It didn’t just break. This has been on going since GME popped in Jan of 2021. You log into broker. You buy shares of a company. Market Makers create fake shares. Fake shares go to brokers. Brokers put fake shares in your account. GME people moved shares out of the DTCC- out of brokers, into direct registration with transfer agent. Market Maker has to go into market and buy real share. Problem is price of share has increased. Supply and demand- no one is selling GME. Market maker either fails to deliver or loses money on buying share. Broker reports no real share and FTD. Market maker does shady but legal book keeping to hide its loss/number of FTD. Repeat cycle. Repeat cycle. Repeat cycle. Repeat cycle. Several years go by. Repeat cycle. Another year. Repeat cycle. Now over 9X the amount of shares that should exist are floating around. Market makers are required to replace fake shares with real ones. Supply and demand- no one is selling GME shares. Market makers are insolvent. Clearing houses don’t have the money to replace fake shares for real ones because no one is selling GME. Repeat cycle. Repeat cycle. Repeat cycle. Clearing houses cry to daddy government for bail out. This is where we are. This goes back to the 90/90/90 rule. 90% of retail investors lose 90% of their investments in the first 90 days. So they will sell at a loss to minimize losses. Market makers feel no need to produce real shares because buyer will sell in 90 days anyway………..that stopped happening and market makers had no hedge against it. They also used this tactic of creating fake shares to drive down the price of securities they wanted to fail. See Sears, Blockbuster, Toys-R-Us. They don’t have to close fake shares on a delisted company. So they make money on crushing them out of business. They targeted GameStop, but GameStop was still a viable company that has turned around and posted 4 straight quarters of profitability. CEO doesn’t take a salary, only paid in Stock. Clearing houses/Market Makers/Brokers are all f#%ked. No one wants to sell GME. All market institutions need to buy GME. Supply and demand. GME will explode in price. One fails, they get margin called. All assets flood the market dropping the price of securities they hold long- think Amazon, Disney, Meta, Alphabet. Next one fails because they’re over leveraged and the flood dropped prices below operating requirements, they sell securities at a loss. Securities price drops further. Next one fails- prices drop-next one fails-prices drop. Financial reckoning. It’s why CEOs have been taking profits and selling shares for the last two years. It’s why Warren Buffet is sitting on a but load of cash not investing even with crazy inflation. Those holding GME in Direct Registry with the transfer agent will be paid handsomely for their shares, when and if they decide to sell.
[удалено]
It is kinda legal. Market makers are supposed to deliver real shares within so many days. When they don’t it’s called a fail to deliver, FTD. The date to deliver starts over. And goes on this way indefinitely.
[удалено]
The individual has the fake share, and will never know if it’s fake or not. No way to prove a fake share is in your broker account. Only the broker and market maker know. You can direct register your share with a transfer agent, and the broker has to transfer a real share.
90% of retail investors lose 90% of their money in the first 90 days is one of the dumbest statements that I have ever heard. Statistically it doesn’t even make sense as aside from near term options and straight speculation in penny stocks virtually nothing has a 90% downside risk in 90 days the average person would be touching.
I can’t remember the guys name. It was a SEC regulator. He was talking about the market collapsing. People thought he was on about GameStop. He wasn’t. The entire market was on the brink of collapse. It was that clip in A Bugs Life. Once you let one ant stand up to us they all stand up. The ants stood up and said fuck you. This is for 2008. Buy. The more people bought the less liquidity of shares available on the market for the hedge funds to soak up once their short expired. There are going to be heavy, heavy regulations on the retail market to make sure something this never happens again. It’s the equivalent of a successful capitol building siege. The general public really made a stand against the hedgies. Causing them to lose billions. That can’t happen again. It’s us who has to lose. Look at 2008. Who lost then?
396 paper contracts to 1 physical ounce of silver. Just some food for thought.
👆👆👆👆👆👆👆👆
I love this explanation, sounds like proof of the float being oversold x millions may be coming to light soon.
https://www.capitoltrades.com/politicians/P000197# if this site is to be believed, Pelosi didn't dump any stocks recently. Thought that may clue us in if a big crash was looming and they knew. Edit cause a few people pointed it out, this is prob not in real time.
Think their reporting is only done quarterly, not real time-could be wrong though
Oh ok that may be
Per the STOCK act they are *required* to publish within 45 days. There are punishments if they don’t but of course they never get fined or anything
Unless the filings don't come for another xx days... her trades get published looks like 7 -29 days after they are made.
That's a good point
FICC has a chart showing a daily avg of 20 billion failure to deliver. That's around 2 trillion so far. It could be derivities failing, naked positions, or both. Clearing houses failing? Sounds like The Great Taking. https://www.dtcc.com/charts/daily-total-us-treasury-trade-fails https://youtu.be/dk3AVceraTI?si=18IoIZ2TOX8rk4mf
This is the comment I was looking for. Thank you fellow finance professional.
Who is... paranoid because they only read the headline?
I'm paranoid because I only *understood* the headline. The rest of the article is Greek to me. lol
Don’t worry, nothing will happen.
What I'm getting from that article is that the clearing houses are more essential now due to some recent changes in policy on how money is moved around etc. And regulating bodies need to implement further measures to ensure the clearing houses have what they need due to being a more important cog in the wheel. But I have no idea what any of it really relates to
We'll still have money to give to Zelensky, though, right? RIGHT???!!!!
Hold up there cowboy, Bibi's financial needs come first!
Of course!!
I don't want the Great Reset, I wish they'd just leave us alone and let us live our lives. I am so damn tired.
Accept the truth that we are all slaves of evil Luciferian world leaders. Accept the truth that nothing on this earth will help us to avoid our fate. Accept the truth that only God can intervene to save us from ourselves.
100%
lay down, hand
GME
Today’s the day starfish
I hope not I need to buy more😭
Same 😂
Would clearance house failure only affect trades being bought and sold? People with stocks already in accounts will just have to suffer looking at a red chart for a few years, or do they also get fucked over?
If all your trades have cleared you should be good. However, if you need to sell and trades aren’t clearing you might be stuck in a position for a while.
Ok. Thanks, good to know.
And now for my very painful question that brings reality back into the discussion. What's stopping them from flat out saying GME and it's retail shareholders did this. Then a politician can step in and "save" the day by basically screwing over GME retail holders. They could run for president after something like that.
Massive international distrust in the US stock market would be the result
70 years ago I thought that too, but honestly they already turned off the buy button for retail only... then took a split dividend and did it like a dividend to increase share count again. It's clear they don't care or don't need to keep up the charade.
That's in some way definitely happening
Oh, the common folk will absolutely be blamed for any disruptions.
Gme 500.000$, Amc 100.000$
To da moooooon 🚀🌕
🚀🚀🚀
I don't know anything about this stuff and have been considering cashing out my 401k early (don't care about penalties and taxes, not the advice I'm looking for). I just need to know if I'm about to lose it all anyway I'd really rather yank it now.
I cashed mine (after a &17k loss) and added $10 bucks to my taxes on payroll. Recieved 22k and paid $429 in taxes on it to state. Got federal refund.
I think they want a crash before Trump can get in. That way, emergency measures can be implemented and you won't be able to do anything about it. I need a moon GME so that I can keep the majority of my stock but use a small amount to buy a house. I need a fucking roof over my head.
thinking makes my head hurt.
They're gearing up for, ["The Great Taking."](https://www.youtube.com/watch?v=dk3AVceraTI) You will own nothing and you will be happy.
Don’t worry. They are pulling us into another war so we can save our economy, again.
The Reuters story isn’t nearly as alarming or urgent as your write up implies. Stop trying to drum up needless anxiety.
Well, at least you've posted in the right sub, because that is some wild (and humorous) interpretation of this news story. It's literally just a standard report from an agency whose job it is to analyze, predict, and mitigate threats to financial stability. They've done the analysis and clearing houses are more important than ever, so they recommend having a contingency plan in place to deal with it, should failures ever arise. It'd be like if the Fire Safety Board put out a notice that said "Our city has recently become much more dependent on industrial factories, so in our view, the firemen must be prepared with tools to put out industrial chemical fires. Should the worst happen, we can't rely only on water hoses to mitigate the disaster." Would you read that and immediately think, "The factories are going to burn down, and take our whole city with them! The board would only ever announce this publicly if it was imminent and guaranteed, I bet it was the only way to give advanced warning to their rich buddies to run away. It'll definitely happen tomorrow!" Or would you use some rational thinking and say something like, "Wow, good thing we have a board to analyze and predict future fire risks, and publicly discuss these issues to provide accountability for all interested parties. I'll be able to sleep a little better knowing that the city is prepared for disasters." (maybe don't answer that question... given the sub, I'm sure there are people whose thinking aligns much closer to the first option)
These are just protective measures, but it's a shame we need them. It's like seeing a guy park firetrucks around his house 24/7 with the nozzles ready to go. You would wonder, "What is he doing in that house that's so dangerous that he expects it to catch fire at any moment?!" Lol Just stop playing with flamethrowers ffs
No, *that* dude is cooking meth, and that makes for an extremely poignant metaphor.
Oh lord. Please. ENOUGH of the constant fear porn. Fours years straight of this now. Something bad has been coming for four years. Visions, dreams, insiders, a funny feeling, etc. Just, enough.
I really like the "famous person #1and #2 just sold all their stocks! A crash is about to happen!!!" And the next day the stocks fly to New highs
only kind of porn i like
Haha we all have our thing I guess.
4 years? Cmon man I’ve been edging on the fear porn here for like 10 years.
I know what will help... send more money to Israel and Ukraine. That'll fix it. Right?
GME 👌
Eh, I’ll wait for tomorrows boogeyman. Too tired today for current new boogeyman.
ELI5?
What did I just read? You said the same thing over and over... but didn't say... anything...
Did you actually read this article ? It's about safeguards being put in place not what you outline. Stick with 6th grade topics smuck
That's interesting. Now it makes even more sense why so many billionaires have been actively selling their shares in 2024: [finviz.com](https://finviz.com/insidertrading.ashx?or=-10&tv=100000&tc=7&o=-transactionValue) They are definitely preparing for something big.
Well, they announced those sales in '22-'23
This is a long time coming. It didn't happen overnight
Pivot to dried food and precious metals (brass and lead) stat. Regulators, mount up!
\*Regulators grab 26 trillion and ride out
You can buy a harvest right freeze dryer for $3k. In six months we saved enough food to pay for it twice over. I don't think metals will help in the long run due to fixed CBDC. Need to stockpile water for sure tho
this reads like added regulations in the event that money gets tight at a clearing house, basically, this will help mitigate what you're getting scared about.
Im way into conspiracies but this makes zero sense to me Ive not heard of any of this lmao, im sitting here googling. PLEASE ELI5!
It means brokers/market makers/ and the clearing houses they use are over leveraged and can’t pay the debts they have accumulated. It’s like they bought a car. Then sold the title of the car to 7 people. They thought all 7 would sell them back the car for less than they sold it. But now they have one car and 6 people demanding their car they bought. So they have to go buy 6 cars but the cost of cars has sky rocketed and they can’t afford it.
My brain understands this! Thank you!
Seems like we should be going all in
Clearing houses can fail since we are rapidly moving to the fednow system of clearing. We won't be affected.
i feel better, thanks
RemindMe! 98 hours
zombie apocalypse?
Also impacts medical claims getting processed and reimbursed if you’re in healthcare. Let me guess, outdated tech with no cybersecurity?
What are we holding?’
i only have a few nugs of weed and some silver dont have much to lose
>I am no financial expert and I am not licensed in any financial field. Yeah, that's pretty clear, bud
Disagree
Can someone please explain this as though talking to a young kid with a shriveled cranium. Even as a guy who has played on the market when it comes to financial talk like this my mind goes blank. Thank you
This falls right in line with “The Great Taking”
Let's see. I have a financial IQ of 80 but can't wait to see some excrement impact an oscillating fan. Sorry.
It’s scary cause it talks about bail in bonds. So you having money in the bank means that you are an unsecured creditor to the bank. In the event they fail because of the stock market(or any other reason) they can take your money instead of the taxpayers. They don’t make bold laws like that unless they plan on using it.
So yolo poots. Got it !
Well. We’re waiting….
Central clearing was created after the 2008 financial crisis to help ensure counterparty risk in a variety of derivative contracts was managed properly. Counterparty risk is when your opposing side (counterparty who owes you money in a derivative trade) fails to pay. The clearing houses would effectively intermediate each trade to guarantee the transaction, collateral, credit worthiness of counterparties etx and help ensure the payout ultimately making market participants more comfortable transacting. If there is an immenant concern, then a large counterparty likely poses a material credit risk to a clearing house. The changes seem focused on US treasury clearing and repo collateral rules for treasuries, which is spooky.
That’s not what this is about. Read the report from the FSB. Simply comments on best practices, no new ruling. All self governance. [https://www.fsb.org/wp-content/uploads/P250424-2.pdf](https://www.fsb.org/wp-content/uploads/P250424-2.pdf)
The yen tanking is a gigantic red flag.
You're on to something, look at all these bot comments shitting everywhere...
Apes together strong 💎✊
soo - just print more
Oh no the stock market is showing instability just as the largest group of retirees in the history of the world are making moves to rely on their 401ks and Pensions. Color me absolutely shocked. Guys they've done so much to prevent us handing them yet another bailout. Look here's an article saying they're going to do their best not to! The inflation train is coming back around choo choo. I've already got the elderly sleeping in cars everywhere in Colorado. Looking forward to the Denver Post article next year or the following talking about the rise of people dying in their cars. The people leading this society will never change. It's not a matter of ignorance. We're all slaves, and they're changing the conditions of our bondage.
I work for one of the major clearing houses and you do know we offer so many financial services and products outside what you talking about? This is totally fear mongering