Missing deposits and missing paychecks is a story that has happened MULTIPLE times this year…
How many times before it’s not an accident?
What is going on here?
I know this: I sleep MUCH better at night holding my Bitcoin, XRP, Gold and Silver.
How about you?
Here’s our report from the last time this happened a few months ago:
BREAKING: Customers Report Bank Deposits “Missing” From Many Wells Fargo Accounts
Who has been warning you that the banks are in bad shape?
That another huge round of trouble is coming?
That would be me.
And I sure wish I had been wrong, but looks like our reporting has been spot on all along.
New reports are coming in that many Wells Fargo customers are reporting their direct deposits just “never showed up”.
Take a look:
Wells Fargo customers are reporting the disappearance of direct deposits in their accounts as one bank customer said they saw the news about the problem right as they noticed their deposits weren’t in their account. https://t.co/UiKUsmpDeq
You “misplaced” two of my deposits as well as God knows how many others. I’m taking my checking, my savings, and my IRA from Wells Fargo Advisors. Safer burying in my backyard! @BurkeandHerbert I’m on my way!
-heart attack. So Wells Fargo has a problem with lost deposits, they are aware but don’t know when it will be fixed. I don’t have enough cushion for them to lose a $2K deposit when rent is due. How does a bank stay in business like this @WellsFargo
Wells Fargo customers are reporting the disappearance of direct deposits in their accounts. On X, the platform formerly known as Twitter, users complained about their disappearing funds. One bank customer said they saw the news about the problem right as they noticed their deposits weren’t in their account.
“Right before this popped up in the news I saw that my deposits weren’t in my account,” their tweet read. “I was trying to pay bills and none would go through. This is so unacceptable.”
The company responded in a statement to CNN that a “limited amount” of their customers are experiencing the disappearing deposits. They said most of them were “resolved” and that they would fix the problem soon.
“We sincerely apologize for any inconvenience,” the bank’s statement reads.
I wonder how much interest the bank makes on all these “delayed” and “missing” transactions?
Andy nailed it with this post:
Sure there’s lots of bad banks out there, and lots of banks that do bad things. What makes Wells Fargo so special is that they’re uniquely bad at simply being a bank https://t.co/KGfMr4U9bh via @usatoday
Remember when the very same thing happened to Bank of America back in January?
Or test runs?
And a few months earlier:
REPORT: Funds “Suddenly Missing From Bank Of America Accounts
Oh boy….here we go?
We’ve been warning for a long time that “bail ins” are coming.
You remember “bail outs” from 2008/09, but they won’t run that same plan again.
No, this time it will be something called “bail ins” where they just take some money from all bank accounts on file because it’s needed to help the “greater good”.
Think it can’t happen?
It already did in Cyprus over 10 years ago:
A bail-in is when a bank takes money from its customers to help keep the bank from going bankrupt. This is different from a bail-out, which is when the government gives money to a bank to help it stay open.
In 2013, the country of Cyprus had a big problem. Its banks were in danger of going bankrupt because they had lost a lot of money. The government of Cyprus and the European Union (EU) decided to do a bail-in.
This meant that the customers of the banks in Cyprus had to give up some of their money to help keep the banks open. People who had money in the bank had to give up some of it. This made some people very upset.
The EU and Cyprus government decided that people with less than 100,000 Euros in their bank accounts would not lose any money. But people with more than 100,000 Euros in their bank accounts would lose some of it.
At first, people were told that they would lose 6.75% of the money they had in the bank. But then it was changed to 9.9%. This meant that if someone had 100,000 Euros in the bank, they would lose 9,900 Euros.
This caused a lot of problems for people in Cyprus. Some people were not able to pay their bills because they had lost so much money. Some small businesses were not able to stay open because they did not have enough money.
The EU and Cyprus government said that they did the bail-in to help keep the banks open and to make sure that there would not be a big financial crisis in Cyprus. But some people did not agree with this. They thought that the government should have found a different way to help the banks without taking money from the people.
In conclusion, a bail-in is when a bank takes money from its customers to help keep the bank from going bankrupt. In 2013, the country of Cyprus had to do a bail-in to help its banks stay open. This meant that people with bank accounts in Cyprus had to give up some of their money. It caused some people a lot of problems, but the government and EU said that it was necessary to prevent a financial crisis.
Is it happening again right before our eyes?
In the USA this time?
I don’t know, I just report what I see others saying.
A user even reported being “broke on payday” and not able to buy breakfast.
“Not only was my payroll deposit taken back after being posted to my account on Thursday, but my account is also now overdrawn by $1,200. I have bills due and groceries to purchase. Going to spend the day bank shopping I guess,” said one person.
Downdetector.com, an outage monitoring website, indicates that a surge in users experiencing problems occurred at 7 a.m. on Friday morning. There were more than 400 detected reports.
A Downdetector user who has been with Wells Fargo for years posted that the bank has “been good to work with, but would be better if they used email to inform us all. My accounts are ok.”
So, what can YOU do to protect yourself?
To protect your family?
To stay safe?
Simple: you need to get some #Gold or #Silver in your own possession.
It’s called “physical” gold and silver.
Not paper traded garbage on the stock exchanges that isn’t backed by anything.
Don’t touch that stuff.
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The paper contracts (like stock ticker SLV and GLD) could very well go POOF one day and disappear or go to zero, because they’re not actually backed by the gold and silver they claim to represent.
It’s a massive game of musical chairs out there and when the music stops (and I think it will stop soon…) people who only own paper might find themselves owning something not worth the paper it’s literally written on.
And I know you’ll never forget it if I give you this GIF so….Let’s Get Physical:
Now…WHERE do you get physical gold and silver and how do you know it’s real and safe?
And that you’re getting the best price?
Oh, and how about personal one-on-one real customer service?
You know, like you were some Big Wig millionaire at Goldman Sachs who could just call their personal banker and get help?
That’s what I’m about to tell you.
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That means bulk bars.
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