Home » markets » Gold/Silver Shoot Higher Amid Banking Liquidity Crisis | Matthew Piepenburg

Gold/Silver Shoot Higher Amid Banking Liquidity Crisis | Matthew Piepenburg

Matthew Piepenburg explains that rising repo rates show banks are short on liquidity and losing trust in each other, which is a warning signal for the entire system. He says this tightening credit environment is similar to early signs that appeared before past banking failures. He notes that big banks would likely be bailed out, but that rescue money would weaken the dollar. He adds that inflation quietly steals purchasing power and makes holding cash risky over time. He concludes that these pressures create a strong long term case for owning gold and silver.

Credit to : Liberty and Finance

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