More than $114 billion walked out of the biggest United States banks this month, and nobody’s quite sure why.

5 comments on “More than $114 billion walked out of the biggest United States banks this month, and nobody’s quite sure why.
  1. MonsantoUSAbioterrorists says:

    You meand that the slobs really have brains and have waken up ? There is hope ! Exteminate banksters.

  2. MonsantoUSAbioterrorists says:

    Reads: 1,483

    Silver Bars Being Secured By HSBC – Buys $876 Million Worth From Poland
    Submitted by Tyler Durden on 01/23/2013 – 07:59
    HSBC has quietly moved into acquiring large amounts of silver bullion. The bank has secured another deal to buy silver bars from KGHM which brings their total purchases of silver from KGHM alone in the last 12 months to $876 million or PLN 3.65 billion. KGHM is one of the largest producers of silver in the world and is the second-largest producer of refined silver in the world. They produce silver bars registered under the brand KGHM HG that are attested to by “Good Delivery” certificates issued by the London Bullion Market Association and the Dubai Multi Commodities Centre. Listed metals producer KGHM signed an estimated PLN 1.67 billion deal on 2013 sales of silver to HSBC, KGHM said in a market filing yesterday. The deal puts the total value of deals between KGHM and HSBC in the last 12 months to PLN 3.65 billion or $876 million, the filing read. KGHM is one of the largest companies in Poland and one of the largest mining & metallurgy companies in the world.

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    Comments: 61Reads: 11,457

  3. Hondo Stalwart says:

    @the Keisers’ … ya’ll need to discuss this on your show. Who stole the money, where is it? … (Thankx)

  4. Jonathan says:

    If you buy silver or gold, you transfer money from your bank account to the bank account of the person selling you the silver or gold. No money leaves the banking system.

    There are only three things that could cause balances in US banks to fall:

    1. People withdrawing money as cash. I’m pretty sure there isn’t an additional $114bn of paper money stashed under the nation’s mattresses, so we can discount that possibility.

    2. People transferring money to banks in other countries, which could be caused by them buying stuff in another country

    3. People paying off bank loans which has the effect of cancelling the fractional reserve money created by banks

  5. Maria says:

    Interesting. Please find out who took the money out and where did it go. I have the hunch that it will be used to finance the new “wars”, that is the only time when vast sums of money is spent without batting an eye-lid. There is always money for wars but somehow the latest life-saving drug is too expensive to be affordable.

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