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Gold & Silver Rise as World Figures Out What is Coming Next
The recent news of the banking crisis has caused a surge in the price of gold and silver. In this video, we explore why these precious metals are seen as a safe haven during times of financial instability and what the current state of the banking system means for investors.
We start by discussing the recent closures of Silicon Valley Bank and Signature Banks and the acquisition of Credit Suisse by a competitor. We also look at the increased borrowing by banks from The Federal Reserve discount window, signaling a need for liquidity.
𝘽𝙀𝘾𝙊𝙈𝙀 𝘼 𝙎𝙐𝙋𝙋𝙊𝙍𝙏𝙀𝙍 𝙊𝙁 𝙏𝙃𝙀 𝘾𝙃𝘼𝙉𝙉𝙀𝙇
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𝘌𝘢𝘳𝘯 𝘩𝘢𝘭𝘧 𝘢𝘯 𝘰𝘻 𝘰𝘧 𝘴𝘪𝘭𝘷𝘦𝘳 𝘸𝘩𝘦𝘯 𝘺𝘰𝘶 𝘴𝘪𝘨𝘯 𝘶𝘱, 𝘷𝘦𝘳𝘪𝘧𝘺 𝘢𝘯𝘥 𝘳𝘦𝘢𝘤𝘩 𝘢 𝘮𝘪𝘯𝘪𝘮𝘶𝘮 𝘵𝘳𝘢𝘥𝘦 𝘷𝘰𝘭𝘶𝘮𝘦 𝘰𝘧 $3,000 𝘪𝘯 𝘢𝘴𝘴𝘦𝘵𝘴.
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