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Tag: Global Banking

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Larry Simon

A look at the Gold and Silver Charts (25.01.2024)

Lives don’t matter to the powers that be. It is much more important to keep the MIB (military, industrial, banking) complex flush with funds. Using old stock, replacing it with new. All the big guys make money. We see the potential for conflict in places one would not usually expect.

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Fort Kobbe Vaults
Newsletters
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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