I had a feeling BANKS would start DOING THIS

Bank withdrawals to be limited they knew all along and we may be embarking upon the Gold Rush of 2023. have you noticed how your attention span these days has gone down especially with the younger generation keeping them interested in one thing for just a few minutes feels like a huge task now and the same goes for people who generally listen to what mainstream media wants them to know think of it this way do you guys remember that name of the banks that collapsed recently or better yet do you remember that we had collapses in the banking sector that had already eclipsed that of the 2008 crash now I know that most of you guys remember because you're on this channel but for the other people I can't say the same thing this is exactly what they want from the masses for us to forget these things easily because they're going to be showing us some sort of optimism much like how we saw Banks and the stock market surge recently only to find out that it was nothing more than the FED bailing them out you know what they're trying to not tell you that Banks even the bigger ones are now announcing massive layoffs go ahead and mix that in with the credit Crunch and things are looking that much more Bleak there is however one job in Alaska that's making six figures that is if you're down to go there now if you think what I'm saying is scary that's good fear is something that forces us to live it pushes us to prepare now if you're scared right now be thankful because now you know that you'll actually do something about it now here's something scary what if our own government decided to limit how much we can withdraw from our banks this is our money we saved we worked hard we want to use it but what if they come out and put a rule that would stop us from taking out Beyond a specific amount would you guys agree with them just drop me a quick comment yes or no on that one now we've already seen this in Nigeria and you guys said oh that's Nigeria Iran that'll never happen here and now how would you feel if the Federal Reserve was already aware of banks failing before they even collapsed and as we saw not much was done to avoid these Banks from crashing with the writing on the wall central banks are now running to something very basic in the world of Investments they're running to gold now let's not waste any more time here let's go ahead and get right into the facts before we get started though make sure to check out the links in the description down below for the best way to invest in gold links in the description down below so back in February the Federal Reserve had talked about how interest rates were affecting some banks negatively and they even cited that they were seeing unrealized losses now the losses were around the trillions of dollars worth much more than these Banks and their deposits the date was February 14th oh Valentine's Day they sure had an interesting day since in the report this was included and would you look at that svb the 18th largest U.S banking organization has significant interest rate risk end quote wow they met in February and had this set for public release back in April isn't that convenient and what happened back in March 10th of this year oh yeah svb collapsed they knew that this was going to happen man what the heck right why didn't they do anything were we even warned at all are you guys frustrated even just a little bit and now they're talking about the possibility of limiting our withdrawals this is crazy if that's the case can they limit electricity bills gas prices how about food prices I mean why stop there why not limit credit card bills and our mortgages too you see if we're the ones who have to pay up we can't be late we can't hold back a single dollar but if the shoe was on our other foot well you guys already know how this goes economic expert Hugh Hendry has just issued a warning for Americans Across the Nation one that comes from the Panic of the banking sector and how more of us are getting worried about the money that's in there so here's what he had to say about it quote sometimes it's kind of relevant to panic I would recommend you panic you've seen the biggest waterfall decline in M2 right now M2 deposits not loans that's the deposits fleeing the system and going into money market funds that could reach a crescendo where the treasury and the FED may have to come in and actually restrict your right as a U.S citizen to pull money out of the U.S banking sector end quote but that's going to be chaos if that happens and just imagine what happens after they lift those possible restrictions banks are going to be left in a pile of dirt due to runs but what do you guys think here's something that we should know since it's hard to expect transparency from the Federal Reserve central banks are now boosting their gold stockpiles because of just how much backlash the US dollar has suffered now in the first quarter global reserves of gold grew by 228.4 tons compared to last year that's 176 percent increase so who's buying up all this gold well you got Singapore turkey India and of course China it's official more and more people are losing faith in the world's Global Reserve currency and they're trying to bet against the fed by buying gold concerns about bank failures have led to an increase in demand for gold and silver news 8's Kyle Mitchell explains what stores are seeing and what Financial experts say about the interest in Precious Metals krugerrands keeping the inventory stocked at Grand Rapids coins fresh off the truck has been more challenging over the past few weeks three days last week we sold completely out of gold and silver okay that never happened one day in the entire calendar year that we were open in 2022. Brent Ashcroft says they're seeing a variety of buyers wanting to diversify their assets people are not trusting what's happening in the in the banking system right now and they want to put their gold and silver and their wealth into something that they know now I've done my fair share of purchases I'm not telling you guys to do the same but I am showing you what a lot of other countries are doing right now do what you want with this information but at least you know what's going on while central banks around the world are investing in gold our banking sector just took another hit as Morgan Stanley recently announced that they will have 3 000 job roles cut off we had Wilkinson cut once I think 1600 jobs back in December they got even more a second round of job because you know what's it all down to we've been seeing in their earnings generally speaking it's not a time when our deals are being done you hit the nail on the head it is the slump in Deal making and capital raising which is a big source of fees those just aren't there and as a result the bank's cutting their way uh towards stronger earnings people close to the matter tell Bloomberg that senior managers at Morgan Stanley discussing plans to eliminate about 3 000 jobs from the global Workforce this would be by the end of the quarter that would be about five percent of Staff excluding financial advisors and the Personnel supporting them we're hearing from at least one source that the financial advisors will be protected the banking and Trading Group is expected to be hit the hardest shouldering many of the reductions and as Rich mentioned this would be the second round of head Cuts in less than six months this one uh targeting about five percent of Staff the one rich mentioned trimming about two percent of the workforce while at the same time earlier this year we saw other Banks cut back as well this is now their second round of layoffs do you think more are coming as Banks continue to struggle more lenders are now tightening credit to a choke hold now think about that for a second would credit hard to get how are businesses going to borrow money how about home builders how about buyers who want to take out a home loan but they can't even with good credit the credit crunch is sure to leave bankruptcies in its wake not to mention a possible liquidity crisis senior vice president of Moody's investor service Warren cornfeld he had this to say about the crunch that we're all going towards quote the impact of tightening credit to small businesses which are very large employers and banks are major providers of credit to small and mid-sized businesses so depending on how long this tightening and how significant this tightening is it has the potential to have material impacts on how fast the economy grows end quote any thoughts on what's happening around us these days it's not all bad news though if you're interested in trucking and you want to make 150 000 a year maybe a move to Alaska can help so there's a trucking company called Alaska West Express that's looking to add up 100 new truck drivers to their Fleet truck drivers can make up to 170 thousand dollars a year with Benefits that is if you can take the winter road but hey still a good paying gig however if you're not looking to spend your days on the road with freezing weather why not try a few different opportunities that you can learn from the comfort of your own home now feel free to drop me some comments down below if you guys want to learn more about Investments being in real estate the stock market even in precious metals like gold and silver you guys can feel free to reach me through the comment section we can also talk about the possibility of generating multiple streams of income through small businesses or side hustles but of course First Step lies with you guys hope to hear from you guys soon before I go please don't forget to drop a like for the video and share this video with a friend also show your support by subscribing to the channel appreciate you guys watching I'm gonna see you guys on the next one