The Charles Thorngren Show
Charles Thorngren is the CEO of Legacy Precious Metals and an expert on investing, financial news, and the economy. Charles has been featured on a variety of shows and publications including the Newt Gingrich Show, The Trish Regan Show, Forbes, Bloomberg, Fox News, and many more. Charles takes complicated political and financial issues and translates them into common speak.
The Charles Thorngren Show
Global bank sell-off resumes; gold rallies
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The Silicon Valley Bank collapse has caused a ripple effect through the banking world. Signature bank has collapsed and Reuters announced Credit Suisse is in trouble. The global sell-off has begun.
As the banking industry falters, gold has rallied. Silver has been on a tear for the past 6 months.
Is gold the right answer to hedge against a banking collapse? We discuss.