Big Money Rushing Gold As Banks Continue To Fail | Robert Kientz

First Republic Bank was largely taken over by JPMorgan, while the FDIC is going to suffer an estimated $13 billion in losses. Over the last two months, bank deposits in the US have shrunk nearly $500 billion. If we continue to see bank failures, gold is going to go up, forecasts Robert Kientz, founder of GoldSilverPros. He says many wealthy individuals are moving their money out of banks and into precious metals.

GoldSilverPros: https://goldsilverpros.com

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INTERVIEW TIMELINE:
0:00 Intro
1:00 First Republic failure
5:05 Bank runs
9:19 2008 vs now
14:06 Consolidation of banks
17:13 Gold demand
26:00 Gold forecast
30:30 Preparedness
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