Banking Crisis Continues: PacWest & Western Alliance | Bill Holter
Liberty and Finance, Released on 5/5/23
The banking crisis is not over. More banks are having serious issues. Nearly half of Americans are concerned about their funds in the bank, according to a recent Gallup poll. This growing concern among depositors could cause "the mother of all bank runs," says Bill Holter. He says holding precious metals, especially 90% junk silver, is one of the main ways to prepare for financial chaos.
0:00 Intro1:50 PacWest & Western Alliance3:32 Inflation5:20 Junk silver7:46 What's enough metal?12:41 If credit stops13:40 Gold/silver ratio16:00 Silver premiums19:33 CDBCs21:02 Mining stocks26:30 Money Markets28:40 Debt & inflation30:40 BillHolter.com
Bill Holter is currently a writer for Miles Franklin and Jim Sinclair's Mineset where he posts weekly commentaries on gold and financial markets. Prior to joining Miles Franklin in 2012, Bill Holter Worked as a retail stockbroker for 23 years, including 12 years as a branch manager at A.G. Edwards. Later, he left Wall Street to avoid potential liabilities related to management of paper assets. Bill was a well-known contributor to the Gold Anti-Trust Action Committee (GATA) commentaries from 2007-2012. Bill became a writer for Jim Sinclair's Mineset in 2015. Bill's commentary can also be found at BillHolter.com.
Banking Crisis Continues: PacWest & Western Alliance | Bill Holter added by Herman James on 05/04/2023View all posts by Herman James ?+'