Is There A Worldwide Run On The Bank Of The United States Of America?

4.18.23 - Is There A Worldwide Run On The Bank Of The United States Of America?

Gold last traded at $2,005 an ounce. Silver at $25.20 an ounce.

Is There A Worldwide Run On The Bank Of The United States Of America? -Zero Hedge

In talking this week with a friend about the United States seemingly imploding from within across multiple sectors, my friend stressed:

"It's not just from within. There is a run on the United States from certain nations and business interests around the world. Just like there was a run on banks after the collapse of Silicon Valley Bank, many nations are either thinking about - or actually proceeding with - transferring at least a portion of their allegiance, assets and commitments from the 'Bank of the U.S.' to the 'Bank of China' or elsewhere."

This was not just some person sitting on a porch casually talking about current events while whittling a stick waiting for his Social Security or pension check to hit the mailbox. This was a former high-level U.S. government official, now a CEO, someone who sits on the boards of directors for multiple companies. He has massive real-world and business experience and believes the United State may be on the verge of collapse.

He is far from the only one to think that.