QTR’s Fringe Finance • 34 implied HN points • 01 May 23
- Pressure is building up in the economic system with five major banks collapsing since March.
- Equity prices are high despite economic turmoil, indicating possible blow off valves elsewhere like precious metals.
- The government's casual attitude towards bailing out banks and printing money could have massive consequences for the economy and may lead to a shift towards precious metals.