Loading ...Clownworld?
As much as gold has made a moonshot recently, regional banks are actually up quite substantially vs gold over the last year (see ratio chart below)!
Let that sink in.
Who in their right mind is buying regional banks? I mean, I understand nothing goes down in a straight line, but WTAF? vs Gold? They are literally insolvent!
“Who in their right mind is buying regional banks?”
Short covering?
Maybe the people buying their stock think they will be saved by a bailout. They are in such a precarious position, a few failures could trigger an avalanche. Too little to fail??