People are trying to get their money out of the banks, out of the financial system. Precious metals are really the only thing that is going up right now... only one place to run to:
Borrowings at the Fed discount window have also soared and the Fed's balance sheet also jumped. QE again? No, just the nervousness and jitters over bank failures and everyone rushing
Backing from the U.S. Treasury and the FDIC supposedly put taxpayers on the hook for as much as $9 trillion, but when the numbers get that large, who’s counting any longer?
