Banks are Hemorrhaging Deposits to Money Market Funds

Enjoyed this video? Join my Locals community for exclusive content at heresyfinancial.locals.com!
1 year ago
1.33K

Money market funds were at one time considered an unpopular and somewhat feared place to park your cash. But given the recent string of bank failures across the United States, that sentiment has all changed. And while some people are now saying the worst is behind us, recent fund flows would suggest the opposite. Deposits are fleeing U.S. banks and are flooding into money market funds.

And I'm going to show you why. Number one, this is putting banks at risk of further failures. Number two, this is putting the stock market at risk of an upcoming crash. And third, we're going to look at today's sponsor, Callinex Mines, who if you remember, I spoke to you about them back in January. And since then, their share price is up about 45%.

https://callinex.ca/
TSX-V: CNX | OTC: CLLXF

Timecodes
0:00 Introduction
0:52 Money Market Funds Drawing in Billions
4:35 MMF Outflow into other MMFs
6:06 Better Yield for MMF
6:55 Safer Alternative than Banks
8:23 Posing a Risk for Stocks
11:24 777 Mine in Flin Flon
13:51 Backed by Popular Investors and Resources
15:28 Key Financials

This video was conducted on behalf of Callinex Mines Inc, and was funded by Gold Standard Media LLC and/or affiliates. For our full disclaimer, please visit: https://portal.goldstandardir.com/disclaimer/CLLXF-169

My Courses:
Get UNLIMITED Access to ALL my Courses for Only $99: https://heresyfinancial.teachable.com/p/hfu-membership

My New Book: Why We Need the Fed (blank gag book) https://a.co/d/a7caB8Y

My Recommended Affiliate Partners:
Miles Franklin Precious Metals (tell them I sent you) https://www.milesfranklin.com
Monetary Metals https://monetary-metals.com/heresy-financial/
Vaulted https://vaulted.blbvux.net/2rXX47
OneGold (Code Heresy1x) https://bit.ly/3mS6dNo
iTrustCapital (Get $100 of BTC) https://itrust.capital/heresy
Swan Bitcoin (Get $10 of BTC) http://bit.ly/swnhrsy
Ledger http://bit.ly/ldgrwlt
TradingView http://bit.ly/tvchrts
M1 Finance https://m1finance.8bxp97.net/QOKA3P
GroundFloor https://groundfloor-finance.sjv.io/mgRRvy
Fundrise https://fundrise.sjv.io/Ygg2NO

All my socials are @HeresyFinancial
Twitter: https://www.twitter.com/heresyfinancial
Insta: https://www.instagram.com/heresyfinancial
TikTok: https://www.tiktok.com/@heresyfinancial
Reddit: https://www.reddit.com/user/heresyfinancial/
Rumble: https://rumble.com/c/HeresyFinancial

I am not a CPA, attorney, or licensed financial advisor and the information in these videos shall not be construed as tax, legal, or financial advice from a qualified perspective. Linked items may create a financial benefit for Heresy Financial.

#BankDeposits #MoneyMarkets #Funds

Loading 2 comments...