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Gold & Silver Rise as World Figures Out What is Coming Next
The recent news of the banking crisis has caused a surge in the price of gold and silver. In this video, we explore why these precious metals are seen as a safe haven during times of financial instability and what the current state of the banking system means for investors.
We start by discussing the recent closures of Silicon Valley Bank and Signature Banks and the acquisition of Credit Suisse by a competitor. We also look at the increased borrowing by banks from The Federal Reserve discount window, signaling a need for liquidity.
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By Robert Kientz
4.6
77 ratings
The recent news of the banking crisis has caused a surge in the price of gold and silver. In this video, we explore why these precious metals are seen as a safe haven during times of financial instability and what the current state of the banking system means for investors.
We start by discussing the recent closures of Silicon Valley Bank and Signature Banks and the acquisition of Credit Suisse by a competitor. We also look at the increased borrowing by banks from The Federal Reserve discount window, signaling a need for liquidity.
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