Bob Michele (JP Morgan's CIO) on Bloomberg this morning talking about the Fed's emergency BTFP interventions & the liquidity crisis in banks.
He also specifically mentioned Truist Bank 😬
Truist Bank has over $500 billion in assets & could be on the verge of failure along with Charles Schwab
(twitter.com)
💥 BANK COLLAPSE 💥
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Then keep some money to yourself and look into buying physical silver and gold. No paper silver/gold
Precious metals will spike up before crypto.
I’ve done all that already. We’ve got the majority of our cash out and stashed, purchased small amount of physical gold and a big amount of silver. I’ve been here for awhile and wondered about the credit Union thing. Saw this thread and thought I would ask