Good day Jack Personally I believe whatever any financial institution reports you are virtually garunteed it is not the truth. The financial system has become a web of lies and deceit,so complex now that no one has any real idea of whats going on. That said , the trend of bad news seems unlikely to reverse. The fact that the media is now publicising and promoting the negative would indicate the money kings so wish it. I remember a short time after the repeal of Glass Seagal the 10 largest US banks admitted insolvency ie their reserves wee in the realm of0.00X % , the honest money people/goldbugs laughed while the media said nothing. Chaos and uncertainty is now prime time,so I guess the only solution, Gold is warrming up behind the curtains,when it is to take centre stage only Rothschild and co know
