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Steph has nice eyes..She says Al is about to replace an entire layer of banking work. First to go will be juniors...
- Thread starter metanoia
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All the banks she mentioned collaborated with comex exchange to turn a usd120 bil loss into a few billion dollar gain dealing with silver futures.
They exchange comex changed the rules ay the end of the year when. Liquidity is low by imposing a 5% immediate margin increase causing price of silver to collapse and saving the said banks from their short position at usd75/ ounce.
Even worse, they have been shuffling silver futures contracts without physical silver. Making billions from nothing. Those holding contracts with no physical silver are now in trouble as prices escalates.
They exchange comex changed the rules ay the end of the year when. Liquidity is low by imposing a 5% immediate margin increase causing price of silver to collapse and saving the said banks from their short position at usd75/ ounce.
Even worse, they have been shuffling silver futures contracts without physical silver. Making billions from nothing. Those holding contracts with no physical silver are now in trouble as prices escalates.
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She is right.
Indeed, I hardly saw any customers below 40 when I last visited a bank branch in SG.
Indeed, I hardly saw any customers below 40 when I last visited a bank branch in SG.
she is half-right, but behind every AI data center eats up huge power grid, to process, execute, and store each task within their systems. AI may impact bank staff as mentioned, but the power grid cost affected households, offices, and factories when they adopted it.
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