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Could banks lock-in your money? This is the probability of it happening now
Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Hugh Hendry, Founder of Eclectica Macro, who says that the banking crisis is not over and investors need to consider the possibility of banks locking in your money. He gives his updated forecast of this happening. Hendry draws parallels to the 1930s when the U.S. banned gold ownership and forced all U.S. citizens to sell their gold to the Federal Reserve below market value. Hendry also discusses the current economic uncertainty, the debt situation, and the risks posed by rapid Federal Reserve tightening.
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- ASIC says JPMorgan missed dozens of suspicious commodities trades - The Australian Financial Review
- Daily Journal - Daily Journal
- The Commodities Feed: US crude inventories edge lower - ING Think
- Bitcoin: Different cycles to come? - Cointribune EN
- 3 trends to think about before Bitcoin's bull run resumes - Cointelegraph
- Summer power prices seen surging for Texas, falling in California By Reuters - Investing.com
- Georgia Agricultural Commodity Commissions Seek Nominations - Southeast AgNet
- Coinbase Legal Chief Urges SEC Chair to Stop Misleading the Market About Crypto Tokens Being Securities – Regulation Bitcoin News - Bitcoin.com News
- Kgothatso Ngako: How I Brought the Machankura Bitcoin App to Africa - CoinDesk
- Crypto Markets Under Pressure as $2B Worth of Altcoin Token Unlocks and $11B Bitcoin Distribution Loom - CoinDesk
- Why Did the iShares Bitcoin Trust Drop 17% in April? - The Motley Fool
- Oil prices next move likely dip below $80 rather than jump above $90: Macquarie - Investing.com
- Rwandan central bank proceeds with ambitious retail CBDC project - Cointelegraph
- Robinhood Stock Pops As Cryptocurrency Fuels Huge Earnings Beat - Investor's Business Daily
- Why Bitcoin ETF Investors Are Suddenly Buying Back Into Grayscale - Decrypt
- Employees are using AI at work, but keeping it quiet for a specific reason
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