Here’s The NEXT Bank About To Fail…

As Jerome Powell told the nation that the banking crisis was contained and the worst is over—yet another bank was collapsing. …

PacWest’s shares tumbled 54% since Wednesday and trading was suspended at several points due to extraordinarily high volatility.

PACWEST now down 54% after hours. $PACW

Bank run is probably on for deposits.
Probably will be closed on Friday by the FDIC.

We are just waiting for Jim Cramer to tell us it is a "strong bank" before we call this one as finished. https://t.co/Nkme5yNBCx pic.twitter.com/5VFU02WLwf

— Wall Street Mav (@WallStreetMav) May 3, 2023

JUST IN: PacWest Bancorp $PACW sinks 54% in after-hours following news the bank is exploring a sale. pic.twitter.com/AVFoNDbktQ

— Watcher.Guru (@WatcherGuru) May 3, 2023

Neutral assets with a capped supply, and no counter-party risk, are exploding in popularity and attracting the attention of investors as hedges against inflation.

Gold and Silver have continued their climb upward and XAU/USD, in particular, is approaching the previous 3-year high dating back to 2020.

Gold will hit a new all time high by Tuesday of next week.

We are about $40 per oz away from the August 2020 record.. I think one more bank failure should do it.

Just calling it now. #gold pic.twitter.com/XKyhvAp93b

— Wall Street Mav (@WallStreetMav) May 3, 2023

According to CNBC:

The bank said in a statement that it “will continue to evaluate all options to maximize shareholder value.” PacWest’s strategic review was first reported by Bloomberg News and later confirmed by CNBC.

Meanwhile, Tennessee-based First Horizon
also fell 36% after the regional lender and TD Bank announced that they were terminating their merger agreement.

Conservative pundits took time to point out the obvious, namely, that this banking crisis is emblematic of Joe Biden’s America:

“It’s going to be catastrophic”
Former Blackrock acc manager tells Bannon more bank failure to come in the wake of First Republic Bank, SVB, Signature bank, Credit Suisse falling.
The Biden media is fooling folks into believing everything is ok. Many will be caught off guard pic.twitter.com/99ss1DywMK

— Melissa Tate (@TheRightMelissa) April 26, 2023

BREAKING: Joe Biden’s “strong economic plan” strikes again.

PacWest Bancorp Stock has fallen 55% in after hours trading as it increasingly appears to be the next bank failure.

For those keeping track:

Silicon Valley Bank: FAILED
Signature Bank: FAILED
First Republic Bank:…

— Collin Rugg (@CollinRugg) May 3, 2023

Daily Mail reports:

Los Angeles-based PacWest confirmed early on Thursday it was considering ‘all options’ including asset sales.

Tennessee-based First Horizon revealed that its $13 billion merger agreement with TD Bank has been terminated.

PacWest shares were down 45 percent in early trading, while First Horizon stock slid as much as 40 percent, and anxiety over the potential for contagion pummeled shares of other regional banks.

Now, before I just end this article right here, I have to give you an ACTION item.

Something you can do to be proactive and position yourself to be ready for this economy.

Ready?

I have two special hook-ups for you.

Both involve PHYSICAL gold and silver.

Because if you do NOTHING else, make sure you own “physical” gold and silver, not paper contracts.

The paper contracts (like stock ticker SLV and GLD) could very well go POOF one day and disappear or go to zero, because they’re not actually backed by the gold and silver they claim to represent.

It’s a massive game of musical chairs out there and when the music stops (and I think it will stop soon…) people who only own paper might find themselves owning something not worth the paper it’s literally written on.

And I know you’ll never forget it if I give you this GIF so….Let’s Get Physical:

Now…WHERE do you get physical gold and silver and how do you know it’s real and safe?

And that you’re getting the best price?

Oh, and how about personal one-on-one real customer service?

You know, like you were some Big Wig millionaire at Goldman Sachs who could just call their personal banker and get help?

That’s what I’m about to tell you.  

I have two killer connections for you…

The first is for purchasing gold and silver bullion.

That means bulk bars.

That’s the cheapest and most economical way to do it, to stretch your dollar into as much gold and silver as possible.

The website is called WLT Precious Metals and when you see my logo in the top left-hand corner, you’ll know you’re in the right place.

You’ll get a personal phone call with Ira Bershatsky (or someone on his team) and they will work with you free of charge for as long as needed to answer any questions you have and get you taken care of.

How about that!

You don’t see that much anymore, but Ira and his team pride themselves on good old-fashioned real customers service:

No sales pitch, just real, actual help.

And the best prices you will find.

Here’s the only disclaimer I will give you: because they do pride themselves on dedicated service, it might take a few days before you get a phone call back.  Just be patient.

Good things come to those who wait!

You can contact Ira and WLT Precious Metals here.

Ok, that was #1.

Now I want to tell you about option #2.

An equally great company, I am so happy to be working with these guys.

This next company is called Genesis Gold and this is for people who want to purchase real physical gold or silver in their IRAs (Investment Retirement Accounts).

You know what the beauty of that is?

TAX FREE baby!

I’m not a tax advisor, but that’s a general oversimplification.

Never pay more taxes than you are legally required to pay.

And that’s why I love getting gold and silver in my IRA (and why I hold a large chunk in an IRA myself!).

There’s so much to love about Genesis Gold, starting with the fact they are proudly and un-ashamedly Christina!

They call it “Faith-Driven Stewardship” and they put it right on the homepage of their website along with a quote from Ezekiel:

Wealth Preservation With Gold & Silver –
The Genesis Gold IRA

By your wisdom and your understanding you have made wealth for yourself, and have gathered Gold and Silver into your treasuries – EZEKIEL 28:4

Genesis Gold Group believes the Bible gives clues on how man-made currencies (paper money) represent instability, and a lack of virtue and encourages living wastefully in excess.

Conflicts have beleaguered us since the dawn of civilization, and they can all be encapsulated into one battle. The battle is between currency, man-made paper, and gold and silver — the two precious metals found in our Earth’s crust, sent to us by our Lord to use as money. Man-made currency always leads nations down the path to increased war, greed, and ultimate collapse. History has shown that abandoning gold and silver has always been a bad idea. Gold and Silver enforce discipline, nurture self-constraint, self-reliance, and balance, and lead to confidence, a restrained government, and a more stable foreign policy.

Genesis Gold Group believes in empowering faith-driven stewardship with Gold & Silver are an integral part of a balanced portfolio. Protecting your finances with precious metals has never been more crucial during these trying times.

With a combined 50-plus years in the precious metals industry, let your Genesis gold and silver experts guide you through the simplicity of asset protection and growth with our Genesis Gold IRA.

Sincerely,

Genesis Gold Group

Empowering Faith-Driven Stewardship

Here’s more on why gold and silver in your IRA are so powerful:

You can contact Genesis Gold here.

They are also very backed up with record demand, so you may have to wait a bit, but someone WILL get in touch with you for personal customer service and assistance!

Tell ’em Noah sent ya!