UBS Cites it May Fail | Silver’s New Fuel Cell Demand?
Nov 28, 2023•8 min•Ep. 114
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Episode description
In 2023, five US banks faced insolvency, with over $1/2 trillion in unrealized losses. US long-term nominal bonds experienced a three-year decline. The blog highlights concerns about potential bank failures, liquidity challenges at UBS, and the growing significance of gold and silver, notably China's strategic gold reserves and silver's role in fuel cells.
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