Warning: 3rd Bank Collapse in a Week

Warning, third bank collapse in a week, and this will not end here. There will be more banking collapses. History tells us that bank runs and bank collapses are normal. They're cyclical, especially with the fractional reserve system, especially with no gold standard. So, um, I don't know if you've seen the latest, but now Credit Suisse— I believe it was 1865 that Credit Suisse were formed— over 150-year-old bank has now been taken over by its rival UBS. Third banking collapse in a week. Of course, bank shares in many nations and continents are plummeting. Only recently, not even a week ago, Silicon Valley Bank went down and was taken over by regulators. I have been warning people about this since the start of lockdown. I, I don't actually like to be proven right. Why? This is not good for the economy. This is not good for the people. There There are, of course, some upsides which I will talk about, but, um, I want to share something with you which is to me quite shocking. Listen to this, right? So with Silicon Valley Bank, who, um, the California bank regulator said it was inadequate liquidity and insolvency that brought them down, but that's every single bank. Let me say this again. California bank regulators said that Silicon Valley Bank went under because of inadequate liquidity and insolvency. And let me say it one more time, this is every single bank. Banks can legally trade insolvently. They can legally have inadequate liquidity. They only have to hold 10% of their reserves in deposits. So it's called the fractional reserve system, and the fraction of deposits in cash that most banks, uh, legally have to hold is 10%, which means if 11% of us don't trust the banking system or we want our money back in one go, the insolvency is manifested and the illiquidity is manifested. So let me say this again. I've been saying this for nearly 3 years. There will be more blood. There will be more banks. Banks are all trading with inadequate liquidity and insolvency, and they are one bit of bad news or PR or one small economic change, whether it's a bump up in interest rates which hurt Silicon Valley Bank, they're one small change away from going under. Why, by the way, this is not me fearmongering. This is the third bank in a week. This is just me news delivering. But why is this important? Why do we all need to know this? Okay, number one, I do not want anyone that follows me— in fact, I don't want anyone in the world to lose money in a bank. Banks are already a commercial enterprise in the veil of looking after your savings and pensions and future, when in reality all they're concerned about is making profit. So let me give you a few tips here. I do not want you to lose money. Now Danny has said let them burn. I actually agree, um, the— we probably over-intervene in banks, um, because in 2008 nearly all the banks were bailed out. Now this is the third bank in a row that's gone down, but it's getting bailed out, um, but the problem is if depositors who aren't educated about, about money lose their savings, that's obviously going to have a huge impact on society and people. Really, the deposits or depositors should be looked after, but the shareholders and the owners who have probably been making unfair profits, they're the ones that probably should have to go bust and learn the lesson anyway. That's for another time. So number 1, yeah, I agree, Rob Moore, no more bailouts, because the thing is, the bailout is paid by the taxpayer. So you're already paying to put your money in the bank. You think, well, I'll put my money in the bank, it's safe, I'm going to get interest. But interest has been lower than inflation for like 12 years, so actually you're paying to put your money in the bank. Then the banks are taking all the— you're taking all the risk and they're getting all the reward with your money in the banks. Because when you put the money in the banks, it costs you in inflation. They lend it, they invest it, and if they lose it, they'll get bailed out. And if they get bailed out, you'll pay because the taxpayer pays for the bailouts. I actually much prefer it when other banks rescue banks. So HSB C stepped in for the Silicon Valley Bank UK arm, and now UBS have stepped in for Credit Suisse. I much prefer it when another corporate entity bails out a corporate entity rather than you, the taxpayer. Anyway, I'm telling you all of this because I want you to be armed and prepared. So number 1, do not leave all your money in the bank. Definitely do not leave all of your money in one bank. Spread your money across banks where you can. You know, have some of your direct debits in other banks. Don't put all your savings in one bank. Have minimum amount of money in the bank, number 1. Number 2, get your money into other asset classes. The stock market is actually pretty good because it diversifies across all the main companies. If you go in the FTSE 100 and then you go in the S&P 500, you're quite well de-risked. Get some physical assets. So gold, Bitcoin's pumping at the moment, of course, do your own diligence, I'm not advising that. But Bitcoin went from under $20,000 to $28,000 in a few days, just at the time when this banking crisis happened. So people are clearly not trusting the banks and wanting other investment classes, so they're looking towards things like Bitcoin, gold, physical assets. You know, I buy watches, I buy art, I buy classic cars, I buy anything physical. When money is worth less, physical assets are worth more. So make sure you're diversified, make sure you're physical as well as ethereal. Minimum in banks, maximum in other asset classes. Get into real estate. Um, I think, uh, I think we've got a crash coming, but you compound cost average by buying down, um, as opposed to going all in at the same time. And I still think property in the long run, um, is a valuable investment For example, in 2008 I was buying properties at £35,000 to £75,000 that are now worth £200,000 to £250,000. So the reason I sort of stopped myself there is because, you know, what if you buy at peak and then it drops? Well, as long as you hold for the long term, these price fluctuations will even themselves out. So pound cost average, spread your money, diversify, physical as well as ethereal, keep minimum money in the bank. And you will be safe. Now, people often ask me, yeah, Rob, that's all good, but I don't know where to start, or I don't have much, much money, um, and I don't really know what to do, and I'm a bit overwhelmed and confused. And this is why I launched Rob.team. Well, I've actually had my membership site Rob.team for years, but I reduced the price from— I can't remember what it was, it was £30-odd a month, I think— down to just 20p a day. Which is less than a large coffee, um, every month. And the reason I dropped it down was to help people through lockdown and help them make, manage, and multiply money, invest in assets, produce recurring income, diversify their money, start businesses, scale businesses, um, build multiple streams of recurring income. That's what Rob.team is designed for. And I never put the price up, and in fact, I am putting the price up building out my new channel. So if you want to get in quick and learn how to diversify your money, start a business, scale a business, create multiple streams of income, make, manage, and multiply money, learn how to invest, learn how to be an entrepreneur, learn how to build up side hustles. If you want to learn how to do all of this for less than 20 pence a day, cancel anytime, no ongoing contract, I recommend you go and join Rob.team. It's my digital financial freedom platform. You can cancel anytime, no ongoing contract. It costs virtually nothing. There's no risk, because if you don't risk anything, you risk everything. So go and join Rob.team. Just simply type in R-O-B team. Rob.team. Mark my words, it will be one of the best investments you've ever made. 20 pence a day. Um, you can cancel any time. Basically, Claire has said Rob.team is amazing. One large Costa Coffee is more than Rob.team. And I've put in there dozens of masterclasses, hundreds of hours of courses, resources. I do a Sunday session every Sunday. I bring in guest experts on multiple streams of income. On building online businesses, um, recurring and passive income, building assets. So there's the 9-module, 10-hour How to Invest series. There's the 6 Fastest Ways to $10K a Month. There's the 5 Fastest Ways to $100 Grand a Year Clear. Um, Rochella said amazing information, I'm hooked in Rob.team. Uh, we've got 2 longer deeper dive masterclasses a month. We have live meetings, nearly 10,000 members, movers, shakers, and changemakers. WhatsApp group, Telegram group. Promote yourself, partner up, do collabs and JVs, find new customers. You name it, it's there. Meet other disruptive entrepreneurs like you. So cancel anytime, no ongoing contract, cost less than 20p a day. Hundreds of hours of content going back years, updated. Um, weekly, more than once a week. So if you just open up a new page, type in rob.team. Rob.team. Remember, the more you learn, the more you earn. Paula's joining now. Paula said, I'm doing it now. Go and join right now. Don't wait till this is finished, because if you do it later, you'll do it never. Okay, Rob team. Digital financial freedom platform, all instantly accessible online. All the past content going back years is all there. Does it tell you what to do immediately with money? Well, there's the 9-module, 10-hour How to Invest series. There are, um, multiple masterclasses on building up recurring income, online income, on building assets, on diversifying your money, on starting a business, part-time, full-time, big time, etc. All right then, so classic cars, etc., can all devalue. Yeah, any, any asset can devalue, Anthony. That's absolutely right. Um, any investment can go down as well as up. Even assets that go up over time have periods in the cycle when they go down, of course. So, um, if you invest in something, think, am I prepared to hold this for 10 years? Because if you are um, as long as it's a proven asset, it's unlikely to go down in a 10-year time frame. People are looking to get in and get out. That's the biggest risk. That's called trading. I'm not a trader, I'm an investor. So people are saying, yeah, Bitcoin's gone from $19,000 to $28,000. Whoa. Yeah, but no one really could have legislated for that. But if you buy, hold, die— because, you know, some of my assets have gone down. I bought a Ferrari Testarossa, it went down before it went up. Um, uh, many of the assets that you buy, if you buy them new, there's premium in there. It goes down before it goes up. That's not abnormal. But as long as you buy, hold, die— buy well, buy through all stages of the cycle and invest in assets— then you'll be fine. So anyway, look, thanks for all the comments. I can't unfortunately go, um, on all the questions here, but I like gold because it's proven over the long term. Because it has a physical, tangible outcome. Because money now is nothing. Money is debt. Money is nothing. It's ethereal, intangible. Whereas gold and silver and watches and some diamonds and things like that, they're tradable. People like them. They can use them. So, um, remember, when money is worth less, materials are worth more. Um, if any of you are having issues logging into rob.team or finding the mass of content that's there, then just email support@robmoore.com. That support@robmoore.com will help you. So, quick summary then: the third bank in a week has collapsed. Credit Suisse has been taken over by its rival. Um, Silicon Valley not long ago, less than a week, was um, shut down and taken over by regulators. It absolutely shocked me when the California bank regulator said that Silicon Valley Bank went down because of inadequate liquidity and insolvency, which is every single bank right now. Every single bank has inadequate liquidity because of fractional reserve banking and are trading insolvently. And so they are all on the edge of a collapse. Something small can trigger a lack of trust and a run, and bang, banks down. It's— the system is so on edge. Rika says sign up to rob.team, loads of awesome advice on there. Thanks for tuning in. I wonder if you might share this because, um, you know, a week ago I'd been warning people for nearly 2 and a half years about bank runs and bank collapses, and thankfully nothing had happened. And now 3 banks in a week are gone, and could it be a bank near you? Also, if you, you know, you might need company bank accounts, you might need savings accounts. I'm not saying don't have any money in the bank. Pick the safe ones, pick the secure ones. Although, that being said, Credit Suisse were a 150-year bank— gone. Shit. Fuck. Thanks for tuning in. I wonder if you wouldn't mind sharing this to warn your friends and people on social media. And remember, if you don't risk anything, you risk everything.