Rising rates and falling asset values have caused major bank failures, including the failure of First Republic Bank last weekend. What we are seeing is a credit contraction, says former bank director Alasdair Macleod. He expects the banking crisis to accelerate. Even some bullion banks could fail, he notes. Under that scenario, "the authorities...will probably lean on the gold price as much as possible to keep it under control." BUY SILVER & GOLD and support this channel! Personal service, competitive pricing, and over three-decades in business. CALL US: 1-888-81-LIBERTY (1-888-815-4237) or email your name and phone number to LibertyAndFinance@Protonmail.com The In-Person Rule Symposium on Natural Resource Investing is returning to Boca Raton, FL this coming July 23-27, 2023! Don't miss this opportunity to meet the most trusted collection of speakers and exhibitor companies worthy of your investment consideration on the planet! Click HERE to register to be onsite, or to purchase the livestream! INTERVIEW TIMELINE: 0:00 Intro 1:59 First Republic failure 6:11 JPMorgan takeover 10:40 Rising rates 15:15 FDIC 16:50 UK banks 18:57 Brokerage accounts 24:02 Bullion banks 35:47 Gold-backed currency 38:45 Currencies failling _____________________________ Subscribe for our FREE newsletter - #1 place for gold & silver news & commentary: _____________________________ CANADIANS CAN NOW BUY SILVER & GOLD ONLINE IN $CAD and support this channel! Go to and during checkout under the dropdown selection “How did you hear of us (optional),” select: “LibertyAndFinance - Dunagun Kaiser” ! Social Media links YouTube: Soundcloud: Google Podcasts: Rumble: Brighteon: Odysee: Facebook: Twitter: Gettr: Gab: Parler: Stitcher: Amazon podcasts: iHeart Radio: Patreon: Donate to Support Our Mission! or _____________________________ Liberty and Finance LLC receives financial compensation from its sponsors. The compensation is used is to fund both sponsor-specific activities and general report activities, website, and general and administrative costs. Sponsor-specific activities may include aggregating content and publishing that content on the Liberty and Finance website, creating and maintaining company landing pages, interviewing key management, posting a banner/billboard, and/or issuing press releases. The fees also cover the costs for Liberty and Finance to publish sector-specific information on our site, and also to create content by interviewing experts in the sector. Liberty and Finance LLC does accept stock for payment of sponsorship fees. Sponsor pages may be considered advertising for the purposes of 18 U.S.C. 1734. The Information presented in Liberty and Finance is provided for educational and informational purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness, or fitness for any particular purpose. The Information contained in or provided from or through this forum is not intended to be and does not constitute financial advice, investment advice, trading advice or any other advice. The Information on this forum and provided from or through this forum is general in nature and is not specific to you the User or anyone else. YOU SHOULD NOT MAKE ANY DECISION, FINANCIAL, INVESTMENTS, TRADING OR OTHERWISE, BASED ON ANY OF THE INFORMATION PRESENTED ON THIS FORUM WITHOUT UNDERTAKING INDEPENDENT DUE DILIGENCE AND CONSULTATION WITH A PROFESSIONAL BROKER OR COMPETENT FINANCIAL ADVISOR. You understand that you are using any and all Information available on or through this forum AT YOUR OWN RISK. All Rights Reserved....(read more)
LEARN MORE ABOUT: Bank Failures
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
Bank Failures: Are Bullion Banks Next? As the global economy faces unprecedented challenges, the possibility of bank failures looms large. With recent events causing major upheavals in the financial markets, experts are now questioning the resilience of bullion banks. These banks, which are heavily involved in the precious metals market, may be the next to succumb to the pressures and vulnerabilities that are surfacing. Bullion banks, or precious metals banks, play a vital role in facilitating the trading and financing of gold and silver. They are responsible for offering a variety of services, including buying and selling these precious metals, providing liquidity to the market, managing storage facilities, and even offering derivatives tied to precious metals. As such, they are crucial in supporting the functioning of the physical precious metals market. However, recent events have exposed the risks and vulnerabilities faced by bullion banks. The global pandemic has disrupted supply chains, leading to a shortage of physical gold and silver in the market. As a result, the disconnect between paper claims on gold and actual physical metal has widened, putting immense pressure on bullion banks to fulfill their obligations. To make matters worse, the economic fallout from the pandemic has resulted in a surge in demand for safe-haven assets like gold and silver. This increased demand, along with supply chain disruptions, has led to significant price volatility and increased strain on bullion banks. For example, during the height of the market turmoil in March 2020, we witnessed unprecedented spreads between spot prices and futures prices for precious metals, leaving some bullion banks at risk of default. Furthermore, bullion banks are exposed to the risks of the derivatives market, particularly through their involvement in precious metal leasing and forwards. These complex financial instruments can expose them to potential losses and counterparty risks, especially in times of market stress. Additionally, the regulatory landscape surrounding bullion banks remains murky. Unlike traditional banks, which are subject to rigorous capital requirements and oversight, bullion banks largely operate with less regulatory scrutiny. This lack of transparency may mask the true risks these banks are facing, raising concerns about their ability to weather unforeseen shocks. Given these factors, it is reasonable to question whether bullion banks are prepared to withstand the current economic turmoil. While some argue that the unique characteristics of the precious metals market may act as a stabilizing force, there are growing concerns that the strain on bullion banks may push them to their limits. Should a bullion bank fail, the consequences could extend beyond the financial sector. The disruption to the precious metals market would have far-reaching implications, potentially leading to supply shortages and soaring prices. In an economic environment already plagued by uncertainty, such a crisis could exacerbate the existing problems and further undermine confidence in the financial system. To mitigate the risks, it is imperative that regulators and policymakers address the vulnerabilities of the bullion banking sector. Enhanced oversight, stricter capital requirements, and increased transparency are necessary to ensure the stability of these banks, safeguarding both the financial system and the precious metals market. In conclusion, the fragility of the global economy has raised concerns about the resilience of bullion banks. With supply chain disruptions, increased demand for precious metals, and exposure to derivatives risks, these banks face significant challenges. Regulatory reforms must be implemented to strengthen the sector and prevent potential failures that could have severe consequences on the precious metals market and the broader economy. https://inflationprotection.org/could-bullion-banks-be-the-next-to-face-bank-failures-alasdair-macleod/?feed_id=128339&_unique_id=64de350eea096 #Inflation #Retirement #GoldIRA #Wealth #Investing #goldcommentary #Goldnews #silvercommentary #silvernews #BankFailures #goldcommentary #Goldnews #silvercommentary #silvernews
Comments
Post a Comment