I am pleased to report to all of you that several HUNDRED readers of this web site reported to me via email today that they WERE able to get whatever cash they sought, from their bank today. NOT ONE PROBLEM anywhere!
As all of you know, late last week and especially into the weekend, several large regional banks failed and there was panic about people losing money. Bank Runs were FEARED but did not materialize.
Tens-of-thousands of people around the United States read this web site every day, and several hundred of them (~476) emailed me at various points during today, to tell me they took cash out of the bank. Some took two thousand. Some took five thousand. One took fifteen thousand. Many took other varying amounts.
Absolutely EVERY person who wrote me said they were able to get what they sought without even a question being asked about why they wanted the money.
So while the news about the banks isn't good, the reality on the street seems to be that things are functioning OK . . . today.
And it seems to me that TODAY was the big question. It seems to me that TODAY was going to be the harbinger of what would take place on a growing scale, this week. Thankfully, it appears to me that everything is fine.
I wanted all of you to know.