Big Banks are in BIG Trouble. Dollar Will Drop, Gold Will Rise- Buy Gold. Glenn Beck, Peter Schiff.

Big Banks are in BIG Trouble. Dollar Will Drop, Gold Will Rise- Buy Gold. Glenn Beck, Peter Schiff.

Coronavirus & THE NEXT RECESSION? Loans from The Federal Reserve Hint Big Banks are in BIG Trouble

https://youtu.be/uJJ6jQK8peo

Glenn Beck

Conventional wisdom advises NOT to pull money from the stock market during times of panic because, usually, everything settles down sooner than it seems. But, Glenn just went ahead of conventional wisdom this weekend. Why? Because looking at the bigger picture hints at a long period of financial difficulty looming around the corner, including the possibility of our next recession. This weekend, the Federal Reserve loaned big banks 175 BILLION DOLLARS overnight. AND, last night, the Fed cut interest rates to near zero, and removed the ten percent cash requirement so banks now are under NO regulatory obligation to maintain reserves against their lending. Whether action taken against coronavirus is an overreaction or not, numbers show the economy will suffer either way. So let's all do what we can to alleviate the situation as soon as possible: STAY HOME. ► Click HERE to subscribe to Glenn Beck https://bit.ly/2UVLqhL ►Click HERE to subscribe to BlazeTV: https://www.blazetv.com/glenn Connect with Glenn on Social Media: http://twitter.com/glennbeck http://instagram.com/glennbeck http://facebook.com/glennbeck

Dollar Will Drop, Gold Will Rise- Buy Gold

Stocks will continue to fall, The Dollar will Inflate. Be prepared to buy Gold.

 Peter Schiff- Fed cuts rates to zero, ramps up QE

https://youtu.be/ixelsjTCW-g

Peter Schiff

Fed finally did what I’ve been saying they would for years: cut rates to zero with the biggest point cut in history. Powell afraid to call it QE. There are no atheists in foxholes; there are no free-market capitalists in a recession. If we fought WWII with bailouts, like the way we’re fighting coronavirus, we’d be speaking German now. Waiting in line for food and toilet paper does not mean business is booming. Neither is having full hospitals. More records broken today as the Dow lost almost 3,000 points - the biggest single day point drop in history! Percentage-wise, it was the second biggest drop percentage in history, next to the stock market crash of 1987. For all the years of the Great Depression and WWII, the economy never saw a drop like this. The stock market has never lost this much value this quickly. The whole rest of the world is now tapping into their savings, but we have nothing left to rely on other than a printing press. Gold takes a hit as investors cover their losses, but still down only 2% on the year compared to the Dow down 32%. Gold is liquid, easy to sell, yet its barely down, even though so many people are desperate enough to sell it. Trump “pleasantly surprised” Powell followed his orders after having his job threatened. Oh, and banks no longer need reserves. RATE AND REVIEW the Peter Schiff Show Podcast on Facebook. https://www.facebook.com/PeterSchiff/... SIGN UP FOR MY FREE NEWSLETTER https://www.europac.com/ Schiff Gold News: http://www.SchiffGold.com/news Buy my newest book at http://www.tinyurl.com/RealCrash Like and follow Peter Schiff on Facebook http://www.Facebook.com/PeterSchiff Follow me on Twitter: http://www.Twitter.com/PeterSchiff

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