Safeguard Your Savings: The Dangers Of Fractional Reserve Banking Systems ...Middle East

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Safeguard Your Savings: The Dangers Of Fractional Reserve Banking Systems
source : OILPRICE ( Middle East ) () 34
The failure of Silicon Valley Bank and Signature Bank reminds us of a very important truth — if you can’t hold it in your hand, you don’t really own it… That’s why it’s wise to hold at least some of your wealth in hard assets like gold and silver that are in your direct possession or at least stored in a secure, allocated, segregated, and insured storage facility. The FDIC insures bank deposits up to $250,000. If you have more than that in a financial institution, you could lose everything above that limit…

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