In it to Win it 128 - First Republic Bank Fails and Gold Hits All Time High! Coincidence? We think not ...
First Republic Bank failure was an amazing opportunity for Jamie Dimon, CEO of JP Morgan Chase. He bailed out First Republic and the FDIC, acquiring assets for pennies on the dollar. Why did First Republic Bank fail? What happens to your money at First Republic Bank? Central Bank Digital Currency (CBDC) would solve all these bank failures, how long before we can get on a CBDC system? Following the bank failure, Gold hits the all time high, and we finish with our oil and bond bets. Thank you for watching! Leave a comment below and tell us what you think!
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DISCLAIMER: I am not a financial advisor. This is not financial advice. I only express my opinion based on my experience and your experience may be different. These videos are for educational and motivational purposes only. Investing of any kind involves risk. Do your own diligence. Every investment and bet comes with the risk that your capital could go to zero.
WHAT I DO: Spread out your investments. Don't put it all on one thing. For every bet that you make, you should devote one hour of study per month to that investment. Keep the number of bets to what you can feasibly study.
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