FYI - The CME raised margin requirements for both gold and silver for the second time in two weeks last Friday. It looks like the metals are correcting a bit during USA trading hours as leverage is being squeezed out of the COMEX futures trading.
Those that over-leveraged on war rumblings most likely getting squeezed out, fair enough, it was overcooked (Iran/Israel nothingburgers). Time to buy again now or soon I guess unless its all daisies, world peace and frugal economic policy from here.
Republic First Bank is siezed and insolvent! Everything is bullish and it never stops! Go brandon! Bring it home for the big win buddy!!!
Republic First Bank is a separate entity from First Republic Bank, a San Francisco-based commercial bank that was closed in May 2023. The majority of the bank’s assets were sold to JPMorgan Chase. https://www.cnn.com/2024/04/26/business/regulators-seize-republic-first-bancorp?cid=ios_app
Lots to get excited about now. Brandon talking about a new 2 trillion in stimmy checks here in the US. $1400 to all citizens to save them and even more free $$ for businesses! The creme never stops flowing! The best part is he said it won't add anything to the debts or deficits! We can totally afford it!
