The People they supposedly have running these banks don't have a clue about what they're doing. Their agenda is all about climate change, being woke, and ESG crap. To Hell with running a bank that's solvent. Nobody's qualified to do that.
It's a damn crime that these Assholes would even get bailed out by the Fed. This is far from being over like George G. said. There are so many other dominos to fall.
We're finally seeing investors waking up to these facts and are now piling into the PM's.
Full disclosure: I had to add to my FMG holdings yesterday, just on the move higher in gold.
I just ran across this article that is SPOT ON with what happened to these California banks that were so mismanaged. The Idiots that are supposed to be running the Show aren't focused on running a bank. They have other priorities.
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