Bidenomics continues to wreak havoc on American finance and commerce, but wasn’t this always the intended effect?
Yet another regional bank has collapsed and was seized by federal authorities on Friday. Republic First Bancorp, a Philadelphia-based regional bank, collapsed on Friday and was first seized by Pennsylvania state authorities.
The bank and its assets, including customer deposits, were passed on to the Federal Insurance and Deposit Corporation (FDIC) to be auctioned off.
Fulton Bank won the auction and will be taking over all of Republic First’s branches and operations effective on Saturday morning.
This latest regional banking collapse has once again stoked fears of a broader banking collapse in the United States, as the regional banking consolidation continues.
A press release was issued on Friday notifying the public of Republic First’s collapse and the next steps:
The Wall Street Journal broke the story:
Republic First faced some of the same problems as the three regional banks that failed last year: paper losses on bonds that lost value as interest rates rose, and high proportions of uninsured deposits that can quickly flee.
Regulators had been prepared to seize Republic First late last year, people familiar with the matter said, before the bank announced it had reached a deal with investors to shore up its balance sheet.
After that deal collapsed this March, the FDIC resumed efforts to seize and sell the bank.
Many warned of a broader impending banking collapse and implored Americans to get their money out of the centralized banking system.
BREAKING: 🇺🇸 Republic First Bank officially collapses and seized by regulators.
Banking Crisis II begins… 👀 pic.twitter.com/mMW0Sf9h6v
— Radar🚨 (@RadarHits) April 26, 2024
🚨🇺🇸 Republic First Bank Collapses
Get your money out. It’s coming.
When the main event happens it will happen on a Friday Afternoon. pic.twitter.com/5MEVTbwp6H
— Concerned Citizen (@BGatesIsaPyscho) April 26, 2024
BREAKING 🚨
Republic First Bank has been seized and closed by regulators.
ANOTHER BANK DOWN. 👀🔥
— Matrix 🇺🇸 (@iAnonPatriot) April 26, 2024
Reuters added:
Republic Bank cut jobs and exited its mortgage origination business in early 2023 as it reeled under pressure from higher costs and inability to improve profitability.
The bank’s stock price has tumbled from just over $2 at the start of the year to about 1 cent on Friday, leaving it with a market capitalization below $2 million.
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Could it be as high as 100 bank failures in this next round?
Grant Cardone says yes.
Read this for more details and be sure to read to the end where I tell you what you can do right now to protect yourself — including how you can get Gold right now for “no money out of pocket”. Yes, really. 100% true, I explain all below.
Now read on:
Grant Cardone: “There Are Gonna Be 100 Bank Failures In This Country…”
Peter Schiff.
Robert Kiyosaki.
Patrick Bet-David.
Grant Cardone.
What do they all have in common?
I’ve covered each of them in the past few weeks, and all of them are talking in some form or another about a massive Bank Run / Bank Crash coming to the USA soon and/or recommending Gold and Silver as safe-haven investments — or both!
The latest is Grant Cardone who caught my attention big time today for saying this recently on Ryan Pineda’s podcast:
Grant Cardone: "There's going to be 100 bank failures in this country"#GotGold #GotXRP
READ: https://t.co/ewUSasqCy6@digitalassetbuy @DigPerspectives @WorkingMoneyCH @MoonLamboio pic.twitter.com/Yn4xeGbnji
— DailyNoah.com (@DailyNoahNews) February 13, 2024
Backup here if needed:
Grant Cardone warns: “There’s going to be 100 bank failures in this country”#Gold #Silver pic.twitter.com/xQdEcUUWwe
— DailyNoah.com (@DailyNoahNews) February 13, 2024
In case you don’t know much about Grant, here is a short bio:
Grant Cardone is a highly influential entrepreneur, author, motivational speaker, real estate mogul, and sales trainer known for his dynamic personality and substantial impact on various industries. Born on March 21, 1958, in Lake Charles, Louisiana, Cardone has built a multifaceted empire that extends across sales training, real estate investments, online education, and social media influence.
Major Accomplishments:
- Real Estate: Grant Cardone’s prowess in real estate is undeniable. He is the founder and CEO of Cardone Capital, a real estate investment firm that has acquired and managed a portfolio worth billions. Cardone Capital is renowned for democratizing investment opportunities in large-scale, institutional-grade real estate projects, making it possible for individual investors to participate alongside him.
- Sales Training and Education: Cardone has revolutionized sales training through his company, Cardone Training Technologies, Inc., providing innovative sales training programs, workshops, and materials that have been utilized by individuals and corporations worldwide to improve sales processes and outcomes.
- Authorship: Cardone is a prolific author with several best-selling books to his name, including “The 10X Rule,” “Sell or Be Sold,” and “If You’re Not First, You’re Last.” His books focus on maximizing potential, sales strategies, and personal development, inspiring millions worldwide.
- Motivational Speaking and Online Presence: With a magnetic personality and an engaging speaking style, Cardone has become a sought-after motivational speaker. He hosts the annual 10X Growth Conference, one of the largest business and entrepreneurship conferences globally. Furthermore, his strong online presence, with millions of followers across various social media platforms, has made him a key influencer in the realms of business, motivation, and success.
- Philanthropy: Beyond his business ventures, Cardone is committed to giving back to the community through various philanthropic efforts. He supports several causes and organizations dedicated to children’s welfare, education, and disaster relief.
Awards and Recognition:
Over the years, Grant Cardone has received numerous accolades and recognition for his contributions to the business world and his success as an entrepreneur. While specific awards are numerous and span various industries, they reflect his excellence in entrepreneurship, real estate, and motivational speaking.
Estimated Assets Under Management (AUM):
As of my last update in April 2023, Grant Cardone’s Cardone Capital managed an estimated assets under management (AUM) worth several billion dollars. This figure is a testament to his expertise in real estate investment and his ability to attract and manage significant capital.
It was just last week that I brought you this from Peter Schiff:
Peter Schiff: “Gold is going to be revalued MUCH higher than it is…”
I’ve been telling you that you might want to get some GOLD for a while now…
I’m not a financial advisor, I’m just your humble reporter.
But someone who’s much smarter than me and is a professional money manager just said something that you have to see.
That would be Peter Schiff and he just said on MeetKevin’s podcast that Gold is about to be revalued MUCH higher!
Oh, and Patrick Bet-David loves gold too!
Check this out:
Peter Schiff: "Gold is going to be revalued MUCH higher than it is…"#GotGold ?@digitalassetbuy @DigPerspectives @realMeetKevin @PeterSchiff
READ THIS: https://t.co/8SfgaIbPgF pic.twitter.com/vmTuHQcAEY
— DailyNoah.com (@DailyNoahNews) February 8, 2024
Here is a dedicated video player if this is easier for you to see:
Peter Schiff: “Gold is going to be revalued MUCH higher than it is…”#GotGold ?@digitalassetbuy @DigPerspectives @realMeetKevin @PeterSchiff
READ THIS: https://t.co/8SfgaIbPgF pic.twitter.com/vmTuHQcAEY
— DailyNoah.com (@DailyNoahNews) February 8, 2024
You can watch the entire interview right here if you like:
Two VERY smart guys, Peter Schiff and Patrick Bet-David.
Here’s more on Schiff if you don’t know much about him:
Peter Schiff is an accomplished American economist, financial broker, author, and stock market commentator with a significant influence in finance and investment circles. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc., a brokerage firm founded in 1996, focused on international markets and securities. He has successfully expanded the firm’s operations over the years, demonstrating his acumen in identifying growth opportunities and his expertise in global financial markets.
One of Schiff’s major accomplishments is his prescient call on the 2008 financial crisis. He gained widespread recognition for his predictions of the housing market bubble and the ensuing financial crisis, which were made well before they occurred. His accurate forecast of these events earned him a reputation as a savvy investor and a keen observer of economic trends. Schiff’s warnings about the dangers of excessive debt and speculative bubbles have been validated by market events, reinforcing his status as a forward-thinking economist.
In addition to his financial career, Peter Schiff is an accomplished author, having written several books on economics and investing. His works, including “Crash Proof: How to Profit From the Coming Economic Collapse,” have been critically acclaimed for their insightful analysis and practical advice on safeguarding investments against economic downturns. Schiff’s ability to break down complex economic concepts into accessible language has made his books popular among both novice and experienced investors.
Schiff has been a vocal advocate for sound money and fiscal conservatism, often appearing on financial news networks to share his views. His advocacy for gold as a hedge against inflation and currency devaluation has influenced many investors’ strategies. Despite his sometimes controversial opinions, Schiff’s expertise and deep understanding of economic principles have earned him respect in the investment community.
Speaking of Gold being revalued in the future, we first told you about that three months ago:
“Gold Revaluation” Incoming? Price Could Be $10,000-60,000 Per Ounce!
"Gold Revaluation" Incoming? Price Could Be $10,000-60,000 Per Ounce!
One of the worst things our country ever did was to allow the Central Bankers to take of off the Gold Standard...
But it was the best thing to happen to the corrupt bankers, as they printed money to infinity and got filthy rich!
But....are they getting ready to flip the script on the public once again?
As the system they have completely destroyed through unlimited money printing is set to collapse, I'm seeing reports that they might be ready to go BACK to a Gold Standard.
Crazy right?
I have to show you this short 2 minute video from the Black Swan Capitalist who perfectly nails this.
And then keep reading for a solution YOU can implement right now to keep you and your family safe! And one way you can do it with NO MONEY OUT OF POCKET! Yes, really....
He says not only is the plan in place, but simulations have been run and if and when that happens it would result in a necessary gold price of anywhere from $10,000 to $60,000 per ounce!
For those not great at math, from today's price of $1,955 that would be anywhere from a 400% to a 2,900%+ gain!
Wow!
But not only that but there was one line that jumped out at me....
He said, quote: "Those who put their money in gold and silver will be just fine and make incredible gains, meanwhile those who trusted the Government and kept their money in US Dollars will be utterly wiped out."
That rung very true to me.
When has "trusting the Government" ever paid off?
This is EXACTLY the kind of thing they would do, and revel in it!
It's Ronald Reagan's famous quote:
So with that in mind, watch this clip and understand what might be JUST around the corner....
Central #banks have been quietly buying #gold in preparation for a gold revaluation, which sets the stage for a new reserve currency
They've also partnered with #Ripple so they can #tokenize those reseve assets on the #blockchain where #XRP will play a key role in achieving this pic.twitter.com/4k793CNvD0
— Black Swan Capitalist (@VersanAljarrah) November 7, 2023
Backup here if needed:
OH MY....
😱
So the question is, how do you set something up that takes the credit card away, but still allows governments to function? And if we went back to a gold standard, we'd have to do something like back the world's currencies with gold at a certain ratio that was clear… pic.twitter.com/Dul6Kqr8OG— DailyNoah.com (@DailyNoahNews) February 8, 2024
Ok so how can you get gold with NO MONEY OUT OF POCKET? Read below...
The ONLY Two Gold Companies I Am Proud To Partner With
We mostly cover politics here, but politics affects the economy and the economy affects...YOU and ME! And our pocketbooks.
Big league.
So in the midst of covering politics, we also cover money from time to time...and while I'm not a financial advisor, I share what I'm learning in the hopes that it can help you and keep you and your family safe.
And that often leads me to covering Gold and Silver.
You know, what they have always called "God's Money".
He made it, they aren't making any more of it, and it has always been highly valued as money from the beginning of time until now.
So I'm a big fan and I think it has the potential to do big things if, say, the U.S. Dollar were to suddenly collapse.
So that's why I talk about it and why I want to make sure everyone protects themselves and your families.
So to answer the question of "what can I do?" it's really quite simple: you need to get some #Gold or #Silver in your own possession.
It's called "physical" gold and silver.
Not paper traded garbage on the stock exchanges that isn't backed by anything.
Don't touch that stuff.
And because I get asked so much how to buy it and what the best places are, I thought I would publish this and just get it out there for all to have....
I have two special hook-ups for you and these are the ONLY two companies I am proud to partner up with on Gold and Silver.
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?
Two huge benefits actually...
First 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!).
Second is if you simply shift money out of stocks (like Peter Schiff recommends) and into Gold, it won't cost you anything! No money out of pocket!
BOOM!
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:
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!
Oh, and did you know Genesis is recommended by SUPERMAN himself?
It's true.
Superman himself, Clark Kent -- Dean Cain -- came on my show a few weeks ago and we broke it all down:
Watch here:
Stay safe!
Make sure you can weather the storm when it hits!
Because the storm always hits eventually, doesn't it?
As for me and my house, we will be ready. 💪
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