OTCPK:KRCLF - Post by User
Post by
MaterialsManon Mar 12, 2023 7:43pm
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Post# 35333783
It was just announced
It was just announced that the next domino has fallen. The FDIC seized the Signature Bank in N.Y. today. The cavalry is again coming to the the rescue led by Ms.Yellen. They are singing. the same tune. All depositors will be made whole (somehow) irregardless of the 250k limit. And of course once again they are making it very clear that this will not happen at U.S taxpayer expense. Right. Signature will be the third largest bank failure in U.S. history.
That is now two in two days. The price of gold doesn't know what to do.
Hard to keep up with what is happening.