4Wk·

Banks wobble - gold shines

Regional banks in the USA are once again coming under pressure.

High interest rates, bad loans and growing losses are unsettling the markets.

While bank shares fall, gold rises to a record high.

💰 When confidence wanes, money flows to where it seems safe,

where it seems safe.

$4GLD (-0.49%)

4 Comments

D.S.@Crash-Propheteus

4Wk

So yesterday $4GLD and $PHAG straight down........?? 🤔

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Wif@salvo89ari

4Wk

@Propheteus "Because of 3% you see it going down? Are you serious? 😂😂
Have you never heard of a small correction - or are you watching the wrong movie?
Gold is at an all-time high, it's only been going up since August.
And you're worried about 3%? 🫠"

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Adel;.@tAdel

4Wk

@Propheteus This raises the question of whether one should slowly start to sell one or two Krugerrands...

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Epi@Epi

4Wk

So yesterday $IAT directly up.....?? 🤔

Reginal banks have fallen just 5.8% since the beginning of Oct. Where do you see pressure?

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