
sr20230504_Money
Divine Intelligence, etc
00:00
The Waste of Your Tax Dollar to Engineer Wealth Upstairs
The US banking industry is getting slammed vis a vis Europe. Jamie Diamond says it's over, but we shall see. Let's go to gold and silver. And this is kind of the safety trade. So not surprisingly, we see gold up now, you know, it was way down. Right. Now let's keep it going with graphs. KRE, KBE, this is a busy one. But what you can see is the US banking industry gets slammed vis avis Europe. The regional banks are down 33%, that's, you know,. 35% and they're in bear territory. This is very painful. I doubt it's over. Yeah. For sure.
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