Live Today on Ask the Pros: Is Your Money Safe in Banks

[] [View in browser]( [View in browser]( [] May 05 2023 [] Hey Guys, Many Americans are beginning to worry whether their money is safe in banks. After all, depositors continue to flee banks, as evidenced by a $100 billion flooding into money market funds over the last two weeks. Over the past month, the U.S. has witnessed over half-a-trillion dollars in bank failures. And despite assurances from regulators, politicians, advisors, and central bankers, the current banking crisis shows no signs of abating. Heck, within hours of Federal Reserve Chairman Jerome Powell declaring “the U.S. banking system is sound and resilient” during his FOMC press conference on Wednesday, PacWest Bancorp ([PACW]( announced it was weighing strategic options, including a sale. Which, of course, is a desperate attempt to avoid collapse. But the current banking malaise is just a symptom of a far more profound cause – a splintering world that is rejecting over-centralized, uni-polar, authority systems. The U.S. dollar-bloc has fractured. Globalization is running in reverse. Political polarization is tearing apart the notion of nationality and driving citizens into modern day versions of tribes by affiliation. And as the political centers of power desperately strive to maintain the status quo, you get strikes, riots, and nationwide protests like those fouling French President Macron’s plans to [circumvent democracy](. Not that I’m a fan of what [passes for democracy](. But the masses have grown accustomed to their chains. But back to the banks. To those of you wondering whether your money is safe in banks, I have some bad news for you. Your deposits are completely… totally… most assuredly safe. And I’ll be joining Celeste Lindman on [Ask the Pros]( today to describe why this isn’t a good thing. I hope you can join us. Because not only will we be talking banks, Celeste has put together an expert panel of guests to address many other symptoms of that profound cause I’ve ceaselessly done my best to make you aware. We’ll also be talking about a company working on ways to help mitigate those symptoms. It starts at noon, eastern time. So, bookmark [this link](. Set a reminder for 12pm Eastern. I look forward to seeing you there. Take What the Markets Give You. [] [] [] May 05 2023 [] Hey Guys, Many Americans are beginning to worry whether their money is safe in banks. After all, depositors continue to flee banks, as evidenced by a $100 billion flooding into money market funds over the last two weeks. Over the past month, the U.S. has witnessed over half-a-trillion dollars in bank failures. And despite assurances from regulators, politicians, advisors, and central bankers, the current banking crisis shows no signs of abating. Heck, within hours of Federal Reserve Chairman Jerome Powell declaring “the U.S. banking system is sound and resilient” during his FOMC press conference on Wednesday, PacWest Bancorp ([PACW]( announced it was weighing strategic options, including a sale. Which, of course, is a desperate attempt to avoid collapse. But the current banking malaise is just a symptom of a far more profound cause – a splintering world that is rejecting over-centralized, uni-polar, authority systems. The U.S. dollar-bloc has fractured. Globalization is running in reverse. Political polarization is tearing apart the notion of nationality and driving citizens into modern day versions of tribes by affiliation. And as the political centers of power desperately strive to maintain the status quo, you get strikes, riots, and nationwide protests like those fouling French President Macron’s plans to [circumvent democracy](. Not that I’m a fan of what [passes for democracy](. But the masses have grown accustomed to their chains. But back to the banks. To those of you wondering whether your money is safe in banks, I have some bad news for you. Your deposits are completely… totally… most assuredly safe. And I’ll be joining Celeste Lindman on [Ask the Pros]( today to describe why this isn’t a good thing. I hope you can join us. Because not only will we be talking banks, Celeste has put together an expert panel of guests to address many other symptoms of that profound cause I’ve ceaselessly done my best to make you aware. We’ll also be talking about a company working on ways to help mitigate those symptoms. It starts at noon, eastern time. So, bookmark [this link](. Set a reminder for 12pm Eastern. I look forward to seeing you there. Take What the Markets Give You. [] [] [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Prosperity Pub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Prosperity Pub are for your informational purposes only. Neither Prosperity Pub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Prosperity Pub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 495 Town Plaza | Ponte Vedra | FL | 32081 [Prosperity Pub]( [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Prosperity Pub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Prosperity Pub are for your informational purposes only. Neither Prosperity Pub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Prosperity Pub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 495 Town Plaza | Ponte Vedra | FL | 32081 [Prosperity Pub](