Imagine a bedroom. It looks clean and safe, but there is a monster under the bed that nobody notices. That's the condition of the US banking system right now.
Imagine a bedroom. It looks clean and safe, but there is a monster under the bed that nobody notices. As I explain in this episode of the Friday Gold Wrap, that's the condition of the US banking system right now. It appears "sound," but a closer look reveals a financial crisis is still bubbling under the surface. I also talk about the recent run-up in the price of gold.
The views and opinions expressed in this article are those of the author(s) and do not reflect those of Goldmoney, unless expressly stated. The article is for general information purposes only and does not constitute either Goldmoney or the author(s) providing you with legal, financial, tax, investment, or accounting advice. You should not act or rely on any information contained in the article without first seeking independent professional advice. Care has been taken to ensure that the information in the article is reliable; however, Goldmoney does not represent that it is accurate, complete, up-to-date and/or to be taken as an indication of future results and it should not be relied upon as such. Goldmoney will not be held responsible for any claim, loss, damage, or inconvenience caused as a result of any information or opinion contained in this article and any action taken as a result of the opinions and information contained in this article is at your own risk.
Comments
Log in or sign up to join the conversation.