Wells Fargo and Company (WFC)

[Saving Grace]

I have no faith in Cramer who is merely a talking head.

I also have no faith in Wells Fargo for having no faith Cramer begin to promote the stock to entice market players and investors to buy a security.

It boils right down to the truth. The banking industry is in serious trouble where the fiat system petrol dollar is being phased out. Iran has already rejected the petrol dollar as currency when trading oil because the petrol dollar no longer has worth. Since Henry Kissenger developed the fiat system petrol dollar, oil has had to trade with the petrol dollar world wide. It has since lost it's luster and value.

The Fiat system paper moon is coming down while our Treasury converts and transitions back to sound money, meaning the gold standard. Banks will have to fall to complete the cycle and erase all debt to begin again. This is why gold is up to $1900oz.

It's all central banks not just WFC and it's going to get a lot worse before it gets better.

Peace