
LIVESTREAM: Why the Banking System is Now Facing Systemic Collapse
About this episode
This is Cowboy Metals Livestream! Get ready for a deep dive into why the banking system is now facing a systemic collapse. The bankers are back at it again! This time we look at the Office of the Comptroller (OCC) report on bank risk. And what we have found is nothing short of astounding. We discuss the massive blowup in gold and silver derivatives exposure and why 4 banks own all of it, along with owning the majority of interest rate and dollar derivative positions. In sum, the bankers have $200 trillion in derivatives that will collapse if the dollar weakens, bond rates rise too far, or the stock market plunges too much. Any combination of those things may take the too big to-fail banks down for good. And that is bullish for precious metals prices, big time!
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