Banking

This post emphasizes reading storage agreements, understanding the role of insurance and bonds, reducing conflicts of interest, and comprehending potential geopolitical risks, all of which are fundamental in ensuring the safety and accessibility of your precious metals.

This is a deep-dive blog post focused on helping individuals safeguard their physical precious metal assets. It provides crucial insights into various facets of storage facilities, explaining the difference between direct storage and affiliate programs, the importance of asking questions about facility structure and financial health, understanding storage contracts, and much more, empowering the readers to make informed decisions.

In a daring experiment to examine data privacy, Roger Quignon meticulously cleared their online presence and discovered the depth of data tracking, revealing that over 8,000 data points are collected daily. Despite efforts to "cloak" one's digital footprint, major tech companies, like Google and Facebook, use sophisticated means to gather information, highlighting that users are not just consumers, but are themselves a product in the realm of data commerce.

Bob examines the impact of the Basel III regulations on gold trading, focusing on how banks navigate the 85% required stable funding ratio. It provides an in-depth analysis of a recent decision by the Bank of England's Prudential Regulatory Authority to modify its approach towards precious metal holdings, its implications for banks, and how it might influence the future dynamics of the gold market.

Tom welcomes Lee Adler and Bob Coleman back to the show to discuss the banking system, the role of the U.S. Treasury, and the current state of the banking and employment markets.