PM Fund Manager Warns Another Banking Crisis May Be Imminent- “Something Nasty is Going on Behind the Scenes”…”running a big bank fail simulation test next week.”
SilverDoctors.com
October 16, 2014
Something nasty is going on behind the scenes in the financial system that is not yet apparent.
Treasury futures opened in the early evening and the 10-yr traded down to 2.25%.
Something has the market incredibly spooked and I find it interesting that the U.S. Treasury Secretary and the UK’s equivalent will be running a big bank fail simulation test next week.
The movement in 10-yr Treasury yields AND the blatant smashing of the gold price since mid-July is exactly what occurred in 2008 before Lehman collapsed.
Is another TBTF mega bank on the brink of insolvency?? </em>
The Rest…HERE
