Major Banks Appear to Be on the Verge of Collapse as Credit Suisse Shares Hit All-Time Lows
The interest rate HIKES over the past 1 year has been INSANE as I have shown as the Bank of Canada is matching the US Federal Reserve hikes as well.
https://www.bankofcanada.ca/core-functions/monetary-policy/key-interest-rate/
Of course they tell us they are fighting INFLATION like Paul Volker did in 1981 but they are intentionally destroying the economy as people can't afford these high interest rates. Investors are patiently waiting for the FED PIVOT where they REVERSE COURSE and stop & lower interest rates and print money (QE) which will make hard assets like Gold & Silver skyrocket along with commodities.
Credit Suisse stock
https://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=CS&insttype=Stock&freq=1&show=&time=4
Source: The Vigilant Fox
https://rumble.com/v2dbnog-major-banks-appear-to-be-on-the-verge-of-collapse-as-credit-suisse-shares-h.html
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