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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 423.31-0.6%4:00 PM EST

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To: energyplay who wrote (22048)9/7/2007 3:39:04 AM
From: elmatador  Read Replies (1) of 219366
 
Present shake up becoming clear now. Officially, the money made available for the banks is just to keep up with the depositors to withdraw without crashing the economy.

1) if the deposits are guaranteed by FDIC then, why depositors are withdrawing? OR
2) are the deposits much higher than the FDIC insured?

Why not, then, insure higher amounts thus making sure that the depositors are not going to withdraw since they feel they are safe?

Insured deposits by the FDIC must be increased by the same reason TJ’s gold is up: Because the USD value went down:
it was USD.85/Euro now is USD1.36 /Euro
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