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Re: Renters last minute bug out
by Bug out Brett88
[February 25, 2018, 10:15:48 pm]
Re: Renters last minute bug out
by rwa
[February 25, 2018, 10:01:22 pm]
Makeshift weapons and defences
by Bug out Brett88
[February 25, 2018, 09:39:28 pm]
Re: Renters last minute bug out
by Bug out Brett88
[February 25, 2018, 09:22:12 pm]
Re: Renters last minute bug out
by Bug out Brett88
[February 25, 2018, 09:20:17 pm]
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Author Topic: Hope you lads have pulled your super out!!  (Read 1526 times)

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odzy

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Re: Hope you lads have pulled your super out!!
« Reply #30 on: February 09, 2018, 07:46:26 am »

Looks like the last crush was just the beginning...  here we go again ;)
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OzHippy

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Re: Hope you lads have pulled your super out!!
« Reply #31 on: February 09, 2018, 08:40:57 am »

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Looks like the last crush was just the beginning...  here we go again ;)


US DOW -4.15 over a 1,033 point the last 500pts fell in less than 30 minutes, that is after main stream news outlets were saying that calm has returned to the market when stocks opened.  Looks like Tues recovery was  as dead cat bounce. 


I took a few $k out of the bank - will check tomorrow morning how the US stocks went prior to making a decision to activate any higher level SHTF contingency measures. 
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We live in interesting times!!

odzy

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Re: Hope you lads have pulled your super out!!
« Reply #32 on: February 09, 2018, 10:57:20 am »

Looks like there is a daily limit on withdrawals, my mate just rang me and the CBA will not give him more than $2500 cash over the counter...  he took that 2.5k out and went to visit another branch which rejected him the request to take more $$ out because the daily limit was reached with another branch. 
He also took the $800 cash out from ATM but that was the limit for the day too so went back to his branch to unleash his anger however shortly after that cops came and arrested him the released with a fine for public nuisance :(
People this is real, go take as much cash as you can out before its to late :(
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OzHippy

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Re: Hope you lads have pulled your super out!!
« Reply #33 on: February 09, 2018, 11:18:10 am »

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Looks like there is a daily limit on withdrawals, my mate just rang me and the CBA will not give him more than $2500 cash over the counter...  he took that 2.5k out and went to visit another branch which rejected him the request to take more $$ out because the daily limit was reached with another branch. 
He also took the $800 cash out from ATM but that was the limit for the day too so went back to his branch to unleash his anger however shortly after that cops came and arrested him the released with a fine for public nuisance :(
People this is real, go take as much cash as you can out before its to late :(


That is strange!!  My understanding is that there are two things spooking the market  interest rate rise - i.e. bonds going up.  and a money crunch - money is not flowing through the system, causing cash flow or velocity problems everywhere....


Inflation Alert: The Velocity Of Money Has Finally Bottomed
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my wife and I have a joint account and 2 cards each a debit and efpos so can go online and up limits to max on each card and can get quit a pit a money out.  I just purchased a secondhand car cash  for children that are now all in tertiary education so only have a few $K in cash. At least gov is not getting it.

If banks close and things go only cash I am sure one can negotiate a big discounts and get an additional 12 months food storage.

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We live in interesting times!!
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