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Author Topic: Hope you lads have pulled your super out!!  (Read 3624 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.

« Last Edit: March 09, 2018, 08:22:14 am by OzHippy »
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odzy

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Re: Hope you lads have pulled your super out!!
« Reply #34 on: March 08, 2018, 12:50:18 pm »

Just in case someone whats to see how much our major banks are short of covering deposits should all hell break loose

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doomsdayprepper4570

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Re: Hope you lads have pulled your super out!!
« Reply #35 on: May 12, 2018, 07:05:03 pm »

Ok Oz, that was a bloody nasty website! :(
Confirms my suspicions.
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Loose ends make my arse itch and I have just clipped my finger nails. So the itch flows to my trigger finger.

odzy

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Re: Hope you lads have pulled your super out!!
« Reply #36 on: May 14, 2018, 05:37:59 pm »

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Ok Oz, that was a bloody nasty website! :(
Confirms my suspicions.
The royal commission has uncovered a lot of shit, hopefully the big banks will be held responsible for all the bad loans they issued  :(
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doomsdayprepper4570

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Re: Hope you lads have pulled your super out!!
« Reply #37 on: Today at 12:56:01 pm »

Yeah like they had a mortage over 1.5 million worth of cattle properties of ours.
And then I wanted a personal loan to buy a dozer and the arseholes said it was unsecured and charged me 6% over our overdraft rate the bastards!
Suncorp bank, what a mob of pricks!
They did not like it when I paid the overdraft out and discharged all our mortages.
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Loose ends make my arse itch and I have just clipped my finger nails. So the itch flows to my trigger finger.
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