Liberty and Finance, Released on 4/29/23

First Republic will likely be gone by Monday. Someone will take the hit for the tens of billions of dollars uninsured in the bank, says Marine, naval aviator, and financial author Bob Moriarty. And the collapse of the bank could create contagion that puts the $500 trillion derivative bubble at stake, he says.

0:00 Intro
1:00 First Republic collapse
14:40 Contagion
16:42 FDIC’s options
23:27 Treasuries
25:57 Junk silver
28:13 Bob Moriarty
28:36 Moriarty’s chicken

Bob brought 321gold.com to the Internet almost 14 years ago. They later added 321energy.com to cover oil, natural gas, gasoline, coal, solar, wind and nuclear energy. Both sites feature articles, editorial opinions, pricing figures and updates on current events affecting both sectors. Previously, Moriarty was a Marine F-4B and O-1 pilot with more than 820 missions in Vietnam. He holds 14 international aviation records. He is the author of Nobody Knows Anything and Basic Investing in Resource Stocks.

  banking crisis, Bob Moriarty, financial crisis, silver