Economic Thoughts by Bill Holter and Sean Foo 5-2-2023
"EVERYTHING Just Changed For Gold And Silver" - Bill Holter | Gold Silver Price
Mindvesting: 5-2-2023
Learn why Holter believes this could be the tremor before a massive financial earthquake, and how gold and silver might play a crucial role.
Get expert insights from Bill Holter as he discusses the alarming bank failures in the U.S. and abroad.
With seven banks in the spotlight over two weeks, including Silvergate, Silicon Valley Bank, Signature Bank, Credit Suisse, UBS, First Republic, and Deutsche Bank, is this just the calm before the storm?
Fourth U.S. Bank Collapses - Bank Runs & Bailouts Are Back
Sean Foo: 5-2-2023
First Republic has collapsed with JP Morgan getting the deal of the year buying the bank at firesale prices! Bank runs are getting worse and as the Fed keeps hiking rates, this isn't going to stop.
This banking collapse is worse than SVB or Signature because it shows how fragile and overleveraged the banking system is. And when all things fail, a bailout will come.
Here's what you must know!
Timestamps & Chapters:
0:00 Bank Runs Are Back
2:54 The First Republic Collapse
6:23 JP Morgan Wins Big
9:00 Bailouts Won't End
11:58 Deadly Banking Consolidations
13:37 Prepare For A Credit Crisis