Lynette Zang: ANY Wealth You Have In The System Is In Jeopardy (And Has Been Since 1997)
SilverDoctors.com
July 13, 2018
Lynette says we’re already in a credit crisis, and what the banks are preparing to do to save themselves is not in our best interests. Here’s why…
by Lynette Zang of ITM Trading
As regulations were being rolled back, six banks were told what they needed to do to pass the 2018 Stress Tests, and it only involved how much they could payout shareholders. Consequently, thirty-four out of thirty-five banks passed. Let the Payouts begin.
Once that money has left the bank and transferred out to individuals and is no longer available for use during the next crisis. But YOUR wealth held intangibly, is.
For the first quarter of 2018 global Central Banks increased their gold holdings by a whopping 42% YOY, the highest first quarter gold purchases since 2014, as the great recession continued to unfold.
Could this surge in central bank gold buying telling us that the next crisis is right around the corner? Wouldn’t it make sense to follow their lead?
