A reminder that back in the Global Financial Crisis over 150 banks went out of business.
Today, 4 failures already equate to nearly the entire amount of assets financial institutions held during the banking crisis issue of '08 and '09.
If you are asking yourself whether the Fed will allow the same systemic problem to unfold today, look no further than #gold prices starting to sniff around liquidity injections to sustain financial stability. - Tavi Costa
