🚨 Are Big Banks Really That Much Safer Than Smaller Banks?

1 year ago
307

Questions on Protecting Your Wealth with Gold & Silver?
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❓ VIEWER QUESTIONS:

Question 1:
We are hearing all the problems with the FDIC concerning not enough in reserves to cover all eligible covered accounts but have not heard anything regarding SIPC on the brokerage side. Is there a parallel environment brewing there as well that can potentially take down that market?

Question 2:
Should we go to a digital system does the money we already have in the bank get automatically converted, or do we lose it entirely?

Question 3:
Let’s say I’m a homeowner that has a mortgage to a bank that collapsed. What happens to the mortgage?

Question 4:
With the recent bail outs of SVB and possibly other banks, are we safe to assume that bail in’s will not happen and that our funds in bank’s will be safe?

Question 5:
I am wondering if the investment banks, Fidelity, Charles Schwab, etc., are in as much trouble as the regular banks? There are those encouraging people to put their money in these banks because they are safer due to different rules/laws governing them. How true is this?

Question 6:
​What happens to secured credit cards backed with a CD account during hyperinflation?

Question 7:
​Should we stay in stocks?

Question 8:
​Not giving financial advice but in 2004 a friend owed me money and paid with gold at $320/ounce. :) that’s six times my money. I’ve been collecting since.

🔗 To see Lynette's slides, research links or questions from this video: https://www.itmtrading.com/blog/bailouts-bank-failures-and-the-gold-standard/

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WHY ITM TRADING?

If you want to know what to DO about all of this, that's what we specialize in at ITM Trading. How do you protect your wealth for the next collapse and complete financial reset?

Yes, Gold and Silver, but what types, what dates? How much of each? What strategy? And what long-term plan?

If you're asking these questions, you're already ahead of the game...

We're here to help, as our mission is to safeguard the public from the inevitable downfall of the dollar, global markets, and the current real estate bubble. As our Chief Market Analyst, Lynette Zang has over 50 years of experience in economics, banking, and currencies. Along with our entire team of consultants from financial backgrounds; we've spent the last 25 years developing a complete strategy designed not only to protect our clients from standard crashes and recessions...but to position them properly for a complete currency collapse and economic Reset (which is the stage we're now in).

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