SD Bullion

Second Largest Bank Failure in US History


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  • Silicon Valley Bank (SVB) is the 2nd largest US Bank failure in history.
  • At end of Q4 2022 just 2.7% of Silicon Valley Bank's deposits were FDIC insured
  • More large volume gold bullion buying data updates by Singapore, China, and other eastern central banks thus far in 2023
  • In the meantime, price premiums have slimmed and inventory levels on prudent bullion product options remain robust for now.

     

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