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More Regional Bank Woes; THOUSANDS Could Fail | Bob Moriarty
Regional banks are now in the spotlight as the banking crisis continues. As interest rates have risen, many banks have become insolvent. Bob Moriarty says hundreds, possibly thousands, of banks could fail. He believes depositors should not count on the FDIC to guarantee their deposits, noting that even if the insurance does pay out, the payout would be in devalued dollars.
Bob Moriarty's Amazon author page: https://www.amazon.com/Robert-Moriarty/e/B01A9I4TJU%3Fref=dbs_a_mng_rwt_scns_share
Bob Moriarty's websites:
http://www.321gold.com
http://321energy.com
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INTERVIEW TIMELINE:
0:00 Intro
1:54 PacWest & regional banks
14:46 T-bill rates
15:30 Relative risk
21:20 Gold & silver
23:10 Gold-backed currency
29:00 Dog story
33:10 Bob Moriarty online
34:21 Miles Franklin
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