Visualizing the Commercial Real Estate Crisis
In his testimony before the Senate Banking Committee, Federal Reserve Chairman Jerome Powell told Senators that there will be bank failures resulting from the commercial real estate crisis.
Bank Failures
North Carolina joins Texas, Florida and South Dakota in Fight Against CBDC digital dollar
US banks are ramping up in anticipation for the introduction of the FedNow system later this year. Various government agencies actively deny that Fednow is related to CBDC implementation. However, the instant payment service could provide the underpinnings to support institutional transfers that incorporate near real-time settlement.
Earlier this year, legislators in Texas became the first to offer a solution against a federal CBDC by introducing legislation to create a state managed gold-backed digital currency.
This week, legislators in North Carolina pushed forward a law that would ban the state’s agencies and institutions from accepting any payments in central bank digital currency (CBDC).
Preparing for the Next Dollar Crisis
The American dollar system is broken. All of the major swings in the economy over the last few years that have been driven by political and policy-based initiatives have led to a decline in global trust of the American dollar. The ongoing banking crisis makes it more evident.
Saudi Arabia Taking Active Steps to End Petrodollar Dominance
As the impact of the ongoing banking crisis begins to be felt at home, many Americans are shifting their priorities to protect their financial assets.
The shifting of and diversification of assets is likely continue at a rapid pace in the coming months as excess dollars and crypto funds are moved into hard assets like gold, silver, land, ammunition, firearms and stable food in the coming months as smart investors prepare for further economic hardship.
Banking Crisis Excites Investor Demand for Silver and Gold
APMEX sold more than 1 million troy ounces of silver in the past 7 days, and 27,000 troy ounces of gold.
Preparing for the Impending CBDC Crisis
It is not a conspiracy theory that the central banks intend to use CBDC as a means of control. It was explicitly explained during their annual meeting in 2020.
Gold at Home is Insurance Against the Next Bank Failure
The collapse of SVB was inevitable. Even after receiving accolades from mainstream media praising the bank as one of best. Thousands of customers woke to find all of their money gone. Buying gold is alternative way to store cash.