Imagine a bedroom. It looks clean and safe, but there is a monster under the bed that nobody notices. As host Mike Maharrey explains in this episode of the Friday Gold Wrap, that's basically the condition of the US banking system right now. It appears "sound," but a closer look reveals a financial crisis is still bubbling under the surface. He also talks about the recent run-up in the price of gold.
You can visit the show notes page here: https://bit.ly/47SiWXG
Tune in to the Friday Gold Wrap each week for a recap of the week’s economic and political news as it relates to gold and silver, along with some insightful commentary. For more information visit https://schiffgold.com/news.
TOPICS DISCUSSED
- A monster under your bed
- Gold holds above $2,000
- Deutsche Bank predicts bigger Fed rate cuts in 2024
- US Banks suffer big unrealized losses in Q3
- Balances in the Fed's bank bailout program suddenly spiked in November