Another Gold Mega-Merger Unfolds Plus A Stunning Look At Bank Failures

Another Gold Mega-Merger Unfolds Plus A Stunning Look At Bank Failures from King World News

Today Newmont Mining announced it is acquiring Goldcorp, plus a stunning look at bank failures.

Bank Failures And Another Gold Mega-Merger
January 14 (King World News) – On the heels of Egon von Greyerz’s KWN article warning bank bail-ins are coming in the West, here are a couple of charts from SentimenTrader on the subject.  The S&L Crisis as well as the 1920s – 1930s are the time periods that really stand out in terms of a significant number of bank failures (see charts below).

No Bank Failures In The U.S. In 2018, But Remember The S&L Crisis?

The Number Of Bank Failures In The 1920s & 1930s (Great Depression) Dwarfed That Of The S&L Crisis!

 

Regarding Newmont’s acquisition of Goldcorp…

Today Newmont Mining announced it is acquiring Goldcorp in an all stock transaction.  This is the second mega-merger in the mining space after the Barrick/Rangold deal was recently completed…

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Interviews with market experts from around the world with a focus on precious metals.