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Bank Stress Test Farce

Commentaries & Views

Thursday saw the bank stress tests and of course they passed displaying a model if there was another financial calamity. In my opinion, those tests are a croc and none of these big banks would survive without the legalized Ponzi scheme being run by the Fed and central banks around the globe.

Gold and silver, which have been battling to regain some strength, held on Thursday and are pushing higher on Friday. The economy is on edge along with markets and the tops appear in. Look for some money to flow into alternatives, including grains and other softs. This looks like a great spot for gold and silver.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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