Second Largest Bank Failure in US History
SD Bullion
English - March 13, 2023 12:01 - 11 minutes - 20.9 MB - ★★★★★ - 12 ratingsNews Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Is $500 Silver and $10,000 Gold Possible?
Next Episode: Which Banks Fail Next?
Silicon Valley Bank (SVB) is the 2nd largest US Bank failure in history.
At end of Q4 2022 just 2.7% of Silicon Valley Bank's deposits were FDIC insured
More large volume gold bullion buying data updates by Singapore, China, and other eastern central banks thus far in 2023
In the meantime, price premiums have slimmed and inventory levels on prudent bullion product options remain robust for now.