Is YOUR BANK About To FAIL?!
From Greg M
Lions and friends...
The issues which we have covered repeatedly in the banking system are worsening, and its getting ALMOST NO MEDIA COVERAGE! (And that should tell you something).
Loan defaults are skyrocketing as the economy freefalls. (And the Fed. is VASTLY inflating the money supply…). Bank balance sheets are replete with bad debt and this issue is worsening FAST. Its again the smaller/regional banks who are in the biggest trouble here.
Moving forward, especially into 2025, (possibly beginning after the Presidential SELECTION), I expect that a domino effect will hit the smaller banks and we could see a wave of failures.
An IMPORTANT heads up…
GM
Be sure to watch my newest MARKETS A LOOK AHEAD video, below.
I am my own bank, fully reserved with silver, gold, and lead
I have 2 bank branches near my house in Michigan, Citizens bank and Comerica bank and both branches within the last month have closed.