BUCKLE UP: We Have A Major Banking Crisis Unfolding Involving As Many As 6 Banks

We have a major banking crisis unfolding involving as many as 6 Globally Systemic Important Banks.

The audio interview with billionaire mining legend, Pierre Lassonde, has now been released!

October 8 (King World News) – Alasdair Macleod:  It’s been a very interesting week, Eric. We started off on Monday with a massive bear squeeze in the precious metals. But we had a new factor this week and that was growing concerns over a (GSIB) Globally Systemic Important Bank. In this case it was Credit Suisse which announced it was trying to restructure itself. Others are in trouble as well such as Credit Agricole, Barclays, Deutsche Bank, Standard Chartered and Unicredit. What this tells us is there is an awful lot of systemic risk. And these banks have significant exposure to derivatives. So there is a very strong possibility of a banking crisis in the making…to continue listening to Alasdair Macleod discuss the unfolding banking crisis and how it will impact major markets including gold and silver CLICK HERE OR ON THE IMAGE BELOW.

The audio interview with billionaire mining legend, Pierre Lassonde, has now been released!

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