Gregory Mannarino discusses the commencement of a significant event as a mysterious buyer makes a move, causing the 10-year yield to plummet. The MMRI experiences a sharp decline, leading to concerns about a potential black hole in the banking sector. Speculation arises about the possibility of ATMs running out of cash, prompting questions about an impending major event.
Sean Foo discusses the Federal Reserve’s decision to refrain from raising interest rates any further, yet they are unable to promise rate cuts either. The United States economy is currently in a precarious state of prolonged high rates, posing significant risks. Concurrently, the US Treasury is on the verge of borrowing additional funds for governmental expenditures, exacerbating the inflation predicament. This situation is leading to a devaluation of currencies such as the Yen, with currency interventions proving ineffective in halting the decline. It is imperative to be aware of these developments.
Lena Petrova warns of potential bank runs as hundreds of banks in the US are expected to fail, leading to a situation where bank deposits may be at risk of being withdrawn en masse in the near future.
David Lin is joined by Jon Deluce, the CEO of Abitibi Metals, as they delve into the topic of why the Federal Reserve might opt for an easier approach and prioritize averting a recession over combating inflation. Deluce sheds light on how this decision could potentially lead to significant advancements in specific assets, setting the stage for explosive growth.
Rafi Farber discusses on Arcadia Economics the current situation where gold and silver prices remain stagnant, focusing instead on the significant deflationary patterns observed within the banking sector. Contrary to what one might expect, this does not necessarily translate to a decrease in consumer prices or a slower rate of increase. The alarming trend lies in the rapid decline of bank reserves, approaching dangerously close to the $3 trillion threshold that sparked the previous banking crisis. The looming combination of a banking crisis alongside a sudden surge in consumer prices sets the stage for a severe stagflationary crisis, indicating that the situation is poised to deteriorate further.
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Gregory Mannarino
May 3, 2024
IT BEGINS! Mystery Buyer Takes Action! 10yr Yield CRATERS. MMRI Plummets! BANK BLACK HOLE.
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Are ATM’s Running Out Of Cash? IS SOMETHING BIG ABOUT TO GO DOWN? Let’s Talk…
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Sean Foo
May 3, 2024
The Fed has committed not to hike rates further, but they can’t commit to rate cuts either! The US economy is stuck in a limbo of higher for longer which is very risky. Meanwhile, the US Treasury is about to borrow even more money for government spending. This is only making the inflation crisis worse. It is also collapsing the value of currencies like the Yen, and not even a currency intervention can save it. Here’s what you must know!
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Lena Petrova
May 3, 2024
EXPECT BANK RUNS: HUNDREDS of US Banks WILL FAIL and Face Bank Deposit Runs Soon
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David Lin
May 3, 2024
Jon Deluce, CEO of Abitibi Metals (CSE: AMQ | OCTQB: AMQFF), discusses why the Federal Reserve may “take the easy way out” and s-------e the fight against inflation to prevent a recession. This will pave the way for explosive moves for certain assets.
*This video was recorded on April 23, 2024 and is sponsored by Abitibi Metals
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Arcadia Economics
Premiered May 3, 2024
With gold and silver in a holding patter, this week Rafi takes a look at the serious deflationary trends going on in the banking system. This does not mean that consumer prices are falling or even rising at a slower pace.
Rather, what we have developing is fast falling bank reserves, which are now within a stone’s throw of the $3 trillion level that triggered the last banking crisis. A banking crisis together with fast rising consumer prices is the perfect stagflationary storm, and it’s about to get much worse.
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