The Charles Thorngren Show
The Charles Thorngren Show
Charles Thorngren
Global bank sell-off resumes; gold rallies
5 minutes Posted Mar 16, 2023 at 11:00 pm.
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The Silicon Valley Bank collapse has caused a ripple effect through the banking world. Signature bank has collapsed and Reuters announced Credit Suisse is in trouble. The global sell-off has begun. 

As the banking industry falters, gold has rallied. Silver has been on a tear for the past 6 months.

Is gold the right answer to hedge against a banking collapse? We discuss.