Founders: Very Long Silver and Very Profitable Gold Right now
The market’s personality is changing.
Housekeeping: No Discussion today. Expectations of having one next Sunday. Moody’s asks logically: “What if the banking crisis is not over?”
They game out a couple different ideas:
Alternative Scenario 1: Crisis continues
Alternative scenario 2: Inflation trumps financial stability
Bottom line, the worst is over, but bank stocksdont look to bea buy any time soon for the long haul. More regualtions are also coming.
Cheers
Very Long Silver and Very Profitable Gold Right now
Silver and Gold Funds are long but making money right now. We suspect their patience is growing given the backdrop of inflation and banking collapses is rampant.