Fort Kobbe Vaults

Tag: Credit Suisse

Fort Kobbe Vaults
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Larry Simon

A look at Gold and Silver Charts (03.23.2023)

The global banking picture looks worse and worse. I believe that one  way to save the depositors is to quasi nationalize the tier one big banks, with the government effectively doing this recently by backstopping (SVB) or forcing a sale (Credit Suisse) and wiping out the equity and debt holders, an option probably not afforded to the smaller tier two, three etc. banks as they are not systemically important enough. If these banks fold, it will be you and me that will sink with them. 

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Fort Kobbe International Vaults Newsletter
Newsletters
Larry Simon

A look at Gold and Silver Charts (03.09.2023)

“So much for blaming energy, climate change, carbon, or Ukraine or….. Ahh Putin!!!” We all know it all starts with printing huge amounts of currency to feed the political beast and its cohorts. Is Credit Suisse the proverbial canary in the coal mine? A run on the bank which has

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