DISCLAIMER: GOLDINVESTMENTCOMPANIES.COM IS AN AFFILIATED PARTNER FOR GOLDCO PRECIOUS METALS, AUGUSTA PRECIOUS METALS, AND BIRCH GOLD GROUP, PROMOTING THEIR GOLD IRA, GOLD 401K TRANSFER AND BITCOIN IRA SERVICES AND PRODUCTS.
Is the banking crisis over or just beginning?
Andrew Axelrod, global macro and Bitcoin expert, and Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, discuss the recent buyout of First Republic Bank and the future of banking in the United States, as Axelrod forecasts more failures and ‘consolidation’ within the sector potentially paving the way to a CBDC. Axelrod highlights the problems in the commercial real estate sector, which many regional banks are exposed to and explains how this could result in 100% inflation by 2026 as the Federal Reserve ‘prints’ money to save financial institutions. He gives his price forecasts for gold and Bitcoin.
Follow Michelle Makori on Twitter: @MichelleMakori (https://twitter.com/MichelleMakori)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Andrew Axelrod’s LinkedIn – https://www.linkedin.com/in/andrewmarkaxelrod/
???????????????????????? ????????????
– Sign Up for a new Trading Account on Prime XBT!
???? https://u.primexbt.com/Kitco
– Receive a deposit bonus of up to $7,000 with promo code: Kitco
0:00 – First Republic buyout
7:55 – More bank failures?
13:16 – Commercial real estate
18:52 – Fed policy
20:20 – Inflation and de-dollarization
27:58 – ESG policies
30:17 – CBDC
36:35 – Banking consolidation
38:51 – Bitcoin
49:52 – Gold
#banking #inflation #bitcoin
__________________________________________________________________
Kitco News is the gold standard in precious metals, commodities, cryptocurrencies, mining, and financial news.
SUBSCRIBE to our channel to stay up to date on the latest market and industry news.
For breaking news, views, charts, and data on precious metals, cryptocurrencies, and financial markets – visit us at https://www.kitco.com
To get market updates on the go, download the Kitco Gold Live! APP – https://applications.kitco.com
Stay connected:
Twitter – https://twitter.com/kitconewsnow
Instagram – https://www.instagram.com/kitconews
Facebook – https://www.facebook.com/KitcoNews
LinkedIn – https://www.linkedin.com/company/kitconews
StockTwits – https://stocktwits.com/kitconews
Live gold price and chart: https://www.kitco.com/gold-price-today-usa/
Live silver price and chart: https://www.kitco.com/Silver-price-today-USA/
Live crypto market data: https://www.kitco.com/price/crypto/
Learn more about Kitco News: https://www.kitco.com/news/about/
For more information on advertising, sponsorship and marketing promotions – please visit our online media kit at: www.kitco.com/advertising
Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.
