SVB, Silvergate and Why Crypto Still Needs Banks
2023-06-19 07:19:06 Crypto’s ardent supporters present it as the future alternative to regular money. For now, though, most so-called digital currencies still rely on old-fashioned banks. Investors need an “on-ramp” and “off-ramp” to cash in and out. The risks this creates were on display when two crypto-friendly US banks collapsed in March. Then the US […]
SVB collapse aftershocks: Expect this for bank contagion, Fed, gold and Dollar – Matt Piepenburg
Matthew Piepenburg, Commercial Director at Matterhorn Asset Managment, joins Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, to discuss the ramifications of the collapse of Silicon Valley Bank and Signature Bank including contagion to the banking sector and the Federal Reserve’s next moves . Piepenburg gives his outlook on inflation, the gold price, de-dollarization, […]