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RE: Is the speed of the bank run only 8 seconds in the future?

in #money8 years ago

And it is just a matter of time:
"From 1938 to when Washington broke the Bretton Wood’s $35 gold peg in August 1971, the banking shares never saw a decline of over 40%. Since the bottom of the credit crisis, the banks can’t seem to get above their BEV -40% line. That has to mean something."
http://www.gold-eagle.com/article/breaking-35-gold-price-peg%E2%80%A6-truth-and-consequences-it

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Low interest rates makes banking hard.

"According to Bank of America (BAC), European banks could lose as much as €20 billion per year by 2018 if the ECB keeps rates where they are."
https://www.caseyresearch.com/articles/why-these-huge-bank-stocks-could-go-to-zero