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Silver , Gold and Reset News Saturday 10-10-2020

How the Fed and ECB will let banks go bust in a new monetary reset

Life Growth Academy:  Oct 8, 2020

Today we consider how the next banking crisis could lead to a new monetary reset and how the ecb and the fed could let the banks go bust.

For many years now the banking sector has been in dire straits.

The decision of government’s globally to shutdown their economies will unquestionably increase defaults of household and corporate borrowers placing enormous stress upon highly leveraged banks.

Indeed, banking stocks have sold off heavily dramatically reducing the equity held on the companies balance sheets. Undoubtedly, a huge risk is apparent in Europe

https://youtu.be/gvvP4Uy-m4c?t=1

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$67 per oz silver coins

Pimpy’s Investment Chat:   Oct 9, 2020

https://youtu.be/8xgHA8gzPs0?t=5

The US Mint Is Hiking SILVER Prices, Will Charge $67 For Each 1-Ounce Uncirculated American Silver Eagle Coin STARTING Tuesday, October 13!

“Prices for products containing silver will change EFFECTIVE October 13, 2020…re-setting silver prices is necessary”…

The US Mint even says below, to “cover rising costs”.

Regardless, here’s a little dandy that the US Mint would probably like to keep as much under wraps as possible.

https://www.silverdoctors.com/headlines/world-news/breaking-the-us-mint-is-hiking-silver-prices-will-charge-67-for-each-1-ounce-uncirculated-american-silver-eagle-coin-in-just-five-days/

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Expect a $2,500 Gold Price as Early as Christmas Says E.B. Tucker

Oct 6, 2020

.B. Tucker, author of "Why Gold, Why Now," is calling for a $2,500 an ounce gold price as early as December, after having called a $1,900 gold price by year-end back in March 2020. In August, the yellow metal broke through and made record highs of over $2,000 an ounce; it's currently trading around the $1,900 mark. In his interview with anchor Daniela Cambone, Tucker outlines “the domino” effect which will unfold to get gold to his new price target.

https://youtu.be/6zhBTUD70PI?t=3

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