8 June 2023
Filmed in May 2023.
In this episode BullionStar Insights, Ronan Manly discusses the recent banking crisis, and the ramifications for the industry moving forward.
00:00 Introduction
00:21 Crisis triggered by US Fed interest rate hikes
01:09 2023: three of the largest US bank failures ever
02:38 The 1980s savings and loan crisis
03:54 The post 2007 banking crisis
06:18 The current bank failures could be the tip of the iceberg
07:45 Ramifications of this current banking crisis
09:13 Fractional reserve banking vs physical gold and silver