BBUS, page-13854

Another crack appearing, this is a pretty big one (below). Could there be other bank runs in the US? Time will tell.
I have converted my free cash into physical gold, I have operating cash in my bank account with a similar amount in debt (both relatively small) if our banks go belly up, they take my money along with my debt. Doesn't seem possible, but we're in uncharted waters, so doesn't hurt to have things in place in the event of an unexpected surprise.

London/Hong Kong(CNN)Markets in Europe and Asia tumbled Friday following a sharp selloff in banking stocks in the United States as a major tech lender said it had to sell shares to plug a hole in its finances.SVB Financial Group (SIVB), which is partnered with nearly half of all venture-backed tech and health care companies in the United States, was forced to raise capital after it sold part of its portfolio of US Treasuries at a loss to cover a rapid decline in customer deposits.