Failed Banks, Monetary Mistakes and What It Means For Gold

Episode 103 Part 1

Chris Martenson March 13, 2023

Looking for part 2?

I twisted the arm of Stephen Flood, the CEO of GoldCore, to discuss the failed banks, monetary mistakes, and gold. So we pulled together this Livecast that streamed out on Youtube at 1:45 pm on March 13th, 2023. Full disclosure, I have an account at GoldCore and they are a valued affiliate partner of Peak […]

View part 2

I twisted the arm of Stephen Flood, the CEO of GoldCore, to discuss the failed banks, monetary mistakes, and gold.

So we pulled together this Livecast that streamed out on Youtube at 1:45 pm on March 13^th, 2023.

Full disclosure, I have an account at GoldCore and they are a valued affiliate partner of Peak Prosperity.

Surprise surprise! It turns out that there’s a tight connection between crony corruption and these bank failures. The CEO of SVB was a Class A director of the SF federal reserve. Barney Frank is a director of the also failed Signature Bank. James Comey is on the board of HSBC which just acquired the assets of the failed SVB for one British pound.

*ugh*

But the big thing to discuss is the continued swan dive of Credit Suisse. Its stock price is tanking and its Credit Default Swaps – which are a form of insurance for Credit Suisse bondholders – just spiked to new all-time highs.

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