BANK RUNS BEGIN: Wealth Transfer Next | Robert Kientz

With Silicon Valley Bank (SVB) failure and the FDIC taking it into receivership, as other major banks’ stocks drop amid reports of them selling off US Treasure holdings at a loss, ordinary bank depositors are left wondering whether they should flee to safety before things get a lot worse.

Risk analyst, former auditor, and founder of GoldSilverPros.com, Robert Kientz, returns to Liberty and Finance to explain what you need to know about this breaking crisis, and how it will play out both in the US and abroad, all with an eye to protecting your family’s financial future.

Follow Robert at: GoldSilverPros.com

News reports discussed in this interview:
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https://www.fdic.gov/resources/resolutions/bank-failures/failed-bank-list/silicon-valley.html#:~:text=On%20Friday%2C%20March%2010%2C%202023,a%20financial%20institution%20is%20closed.

VIDEO: Tucker Carlson Talking On Fox News About Silicon Valley Bank: What Happened Thursday Looked Like A Bank Run

Markets Fall as Bank Stocks Take a Beating@TuckerCarlson: "There was a major stock sell-off today. … SVB Financial announced a large stock sale—almost looked like a bank run! The Silicon Valley Bank stock plunged by 60 percent!" pic.twitter.com/pl54fLgcf0

— The Vigilant Fox ? (@VigilantFox) March 10, 2023

Leaked FDIC video mentioned in this interview:
https://www.newswars.com/must-watch-fdic-bankers-discuss-bail-ins-to-deal-with-impending-market-collapse/

Watch the full FDIC meeting:

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