Timothy Sumer

Silicon Valley Bank and Signature Bank failed last Friday. Obviously when you hear bank failures, there's some fear, there's anxiety of a flash back to 2008 when we saw a lot of financial institutions have major issues. We've already seen that these failures cause the 30 year fixed rate to come down pretty dramatically into the 6.25% range as of Monday versus north of 7% at the end of the day on Friday. These banks are invested heavily in crypto VC and tech startups and bonds, all risky investments. What does this mean for the housing market? How will this affect loans? Tune into episode 314 of Tom's Take for a breakdown of everything! --------------------------------------------------------------------------------------------------------- Thinking of buy or selling, or both? 🤔 Thinking of joining a team or becoming an agent? 🤔 🚨 Work with the #1 RE/MAX Team in PA & DE! 🚨 📲Call: 610.692.6976 📩Email: tom@tomtoole.com 🏡 Connect: www.TomToole

silverbeancounter@gmail.com... ( 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 How are Bank Failures & FOMC Interest Rate Decisions Impacting Your Gold & Silver Stacking Strategy? In recent times, bank failures and decisions made by the Federal Open Market Committee (FOMC) regarding interest rates have had a significant impact on various investment strategies. One such strategy that has been affected is the practice of stacking gold and silver. Stacking gold and silver refers to the accumulation of physical gold and silver for investment purposes. Let's examine how these factors are influencing the gold and silver stacking strategy. Bank failures have long been a concern for investors, especially in times of economic uncertainty. When a bank fails, it leads to a loss of confidence in the financial system, which o