Why haven’t banks raised their rates on customer deposits with interest rates rising? We explain what this means for the banking system and how gold can be a solution to low interest rates.
There are multiple threats to the financial system that are currently in play, and one of the biggest is the risk of a Eurodollar crisis or collapse. The world had two close calls...
The contagion of collapse continues. The crazy buyout engineered in Switzerland when one of the oldest banks on Earth collapsed spread to equally ancient, gargantuan and zombified Deutsche Bank..
But remember, we’re talking about a complex system here. All these actions by different parties combine and interact in unpredictable ways. As it’s turning out, the bank failures could lead to more tightening, not less.
A long-term gold valuation model, which assumes gold will account for the majority of international reserves, suggests the gold price to exceed $8,000 in the coming decade.
The Federal Reserve’s digital payments system, which it promises will help speed up the way money moves, will debut in July. They will know who you are, and they can shut you down by limiting anything..
