DAVID MORGAN: WHAT DO THE BANKS KNOW THAT THE COUNTRY DOESN’T? BANK RUN? SYSTEM FAILURE?
OCTOBER 28, 2013
David Morgan joins Ellis Martin to discuss JP Morgan Chase’s upcoming dictate to limit out of country wire transfers as of November 17, 2013.
Will there be a bank run and an economic collapse caused by a banking system failure? What do the banks know that the country doesn’t?
Morgan also discusses the historical perspective for returning to a gold standard, and his current outlook on the metals.