Thursday, December 12, 2024

Tag: Own Gold with Reason into Bank Failure Season

Own Gold with Reason into Bank Failure Season

by Mark Mead Baillie, Gold Seek:

Not to overly dwell — let alone predict — by subject title, however if we search our recollect (thank you Ken Starr), was it not by this time a year ago that we’d witnessed a few banks go? Whilst not first, First Republic failed. And now a year hence, Republic First has failed. How palindromic its that? Or from the “What’s in a Numerological Name Dept.” ought we now be concerned about Old Second National, or dare we say, Fifth Third? (Not to panic as both those two institutions appear quite solvent, whereas New York’s Fourth National went defunct 110 years ago, but we digress…)