Will the BTFP Meltdown Drive Gold and Silver Prices Higher?

In the aftermath of 2023’s banking upheaval, marked by the collapse of Silicon Valley Bank and the near-fall of Credit Suisse, we’re faced with a stark reality: the crisis isn’t over. The banking sector’s reliance on temporary fixes such as the Bank Term Funding Program has done little to address the underlying fragilities. As these makeshift solutions draw to an end, the prospect of a more significant financial collapse looms large. While banks play fast and loose with your savings, remember that gold and silver remain solid; virtually unshakeable. Let’s dive into the heart of this storm, with eyes wide open and no illusions about the risks that we face and the safe havens we need.