Fort Kobbe Vaults Newsletter

Tag: Bank Bailouts

Fort Kobbe Vaults Newsletter
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Larry Simon

A look at Gold and Silver Charts (03.16.2023)

The banking debacle I think is just the beginning of a series of events channeling us into the New World Order Central Bank Digital System. How far and what contagion there will be is still to unfold. 

At this early stage we can only guess where this is going, but I believe that the banks felt that they were invincible and  with zero reserve requirements and the understanding that the FED had their back that they could take advantage of the best long term rates in the treasuries market ignoring short term liquidity requirements of their clients.

I have a feeling that there is much more behind the scenes than what we are being led to believe.

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