Bank Bail-In Laws…6 Mega Banks Which Could "Bail You In"

December 14, 2019

gold design

With this recent Fed Repo Loan RAMP$ now was a good time as any to remind all Gold-Eagle.com readers where the last 2007 repo loan fiasco eventually led to big bank failures.

Then the major 2 big investment banks failed by the following year 2008, two very established NY money houses would have likely been considered Globally Systemically Important Banks (see page 3, for the latest BIS' FSB 2019 list of 30 G-SIBs). 

One failed in the early 2008 silver price run to an early March high of over $21 oz as allegedly naked short and bleeding losses to their eventual bankruptcy at Bear Sterns.

The other Lehman Brothers, one of the banks who lost big time on bad derivative bets by the fall of 2008.

We should keep in mind that the current USA and G20 Bank Bail-In Laws have been on the books since late 2014.

In the potential next big bank failure, we could see people who have large cash holdings at a large G-SIB be left out in the unsecured deposit bank creditor and non FDIC insured cold.

BANK BAIL-IN LAW | Public Service Reminder:

To learn more about Gold Price History, please visit us at SD Bullion.

James Anderson

A bullion buyer years before the 2008 Global Financial Crisis, James Anderson is a grounded precious metals researcher, content creator, and physical investment grade bullion professional. He has authored several Gold & Silver Guides and has been featured on the History Channel, Zero Hedge, Gold-Eagle, Silver Seek, Value Walk and many more. You can pick up James' most recent, comprehensive and free 200+ page ebook at SD Bullion.

Given that repressed real thing values are now near 100-year low-level commodity valuations versus large US stocks.

James remains convinced investors and savers should buy and maintain a prudent bullion investment position now before more unfunded promises debase away our fiat currency further in the coming decades.

James Anderson
SDBullion.com

James Anderson has both worked and invested in the physical investment grade bullion markets before the 2008 global financial crisis. His twitter handle is @JamesHenryAnd and he authored SD Bullion’s complementary '21st Century Gold Rush Book.'


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