CAI - General Chat, page-784

I am sure it helps.

I have read today there is great concern about Credit Suisse (CS) bank and that the banking crisis may spread further. Morningstar is saying Credit Suisse either needs a capital injection or each part sold.

ECB meeting about the crisis at CS and there seems to be a real panic about the CS situation in markets. CS is a very big bank so if it goes down it will have a huge impact around the world and a real contagion impact.

Lots of experts suggesting the banking crisis may get a lot worse but they don't how bad it will become and how long it will take.

Gold miners share prices are down today even though POG is up - but not surprised about this and expect panic selling in short term even of gold shares. However, if the banking crisis gets worse and goes on longer, I expect a big increase in POG and a lag impact on gold miners SPs.