Well, I might be loosing my house in 3 weeks.

[soap]

Please explain.

I just don't trust banks. I really believe that in a SHTF scenario they will make an excuse not to let you get your money out. I don't buy that FDIC insured bull shit. I'm just old school.

[diablo rojo]

I just don't trust banks. I really believe that in a SHTF scenario they will make an excuse not to let you get your money out. I don't buy that FDIC insured bull shit. I'm just old school.

Unless you have gold/silver, your paper will be worthless anyway.

[soap]

Unless you have gold/silver, your paper will be worthless anyway.

True.

[akfodysvn]

Unless you have gold/silver, your paper will be worthless anyway.

Neither of those holds any value when shtf.. money, food, guns, etc will

[juiceweezl]

Neither of those holds any value when shtf.. money, food, guns, etc will

<------- while some buy metals such as gold and silver, some of us also invest in brass.

[Captain Crawfish]

Ooohhhh what is it what is it?

I wish I knew. It's just a guess. Bears been waiting September fed moves should be interesting. What's your call? 2400 SP? That's a pipedeream

[diablo rojo]

Neither of those holds any value when shtf.. money, food, guns, etc will

If we're talking Apocalypse (nuclear, zombie, etc), I absolutely agree. If we're talking market instability or collapse, precious metals will hold value.

I've worked a lot of trades, so I'm banking on the barter system.

I really don't want to derail this thread.

[The King]

I just don't trust banks. I really believe that in a SHTF scenario they will make an excuse not to let you get your money out. I don't buy that FDIC insured bull shit. I'm just old school.

Simply live paycheck to paycheck and you'll not have any worries about banks withholding much if any of your money.

[David]

I guess that didn't come out the way I meant it to. What I mean to say is I do not have a bank account. Nor will I ever send money orders/checks in the mail.
I pay an extra $10 and send all my shit through moneygram. My insurance I just drive the the office and hand em the money order.

I know that every time you finance a car or a house there is a bank involved. That is your lender. But I refuse to have a middleman like personal bank account

I wish I could live that simple life.

[Captain Crawfish]

Ooohhhh what is it what is it?

You still shorting the vix champ?

[slow99]

You still shorting the vix champ?

Yeah, I have a small short one at all times. Have never posted otherwise. The annual returns on that trade the last 5 years are 56%, 70%, 63%, 59%, and 42%.

It's getting closer to my point of increasing the short though.

[stephen4785]

Update(just in case anyone cares to know)- I went and spoke to a real estate attorney. I was looking to have a restraining order filed against WF. The attorney advised me that it would be expensive($4-5k) and that he suggested we send them a cease and desist letter stating that if they dont meet our terms we will be filling 2 different lawsuits. One for wrongful foreclosure and the other for unfair credit reporting practices. We've stated that we're willing to pay all of the payments for the loan modifications we were approved for for the past 7 months and that we want all of the negative credit reports removed. The lawyer said we should hear a response within 2 business days.
I hope and pray that they accept. I dont want to have to file a restraining order and go to court over everything.

[War Machine]

Goodluck man, I feel for ya.

[TX_92_Notch]

Update(just in case anyone cares to know)- I went and spoke to a real estate attorney. I was looking to have a restraining order filed against WF. The attorney advised me that it would be expensive($4-5k) and that he suggested we send them a cease and desist letter stating that if they dont meet our terms we will be filling 2 different lawsuits. One for wrongful foreclosure and the other for unfair credit reporting practices. We've stated that we're willing to pay all of the payments for the loan modifications we were approved for for the past 7 months and that we want all of the negative credit reports removed. The lawyer said we should hear a response within 2 business days.
I hope and pray that they accept. I dont want to have to file a restraining order and go to court over everything.

Did you put something in there to get WF to pay your attorney's fees since this is technically their fault?

[46Tbird]

Sounds like a good plan. I hope everything works out for you!