Financial Times/Kate Duguid, Harriet Clarfelt and Colby Smith/4-1-2023
“The flood of cash pouring into US money market funds is unlikely to stop soon, analysts and investors say, and has the potential to exacerbate strains in the banking system.’
USAGOLD note: Some of that cash is making its way to the precious metals market as savers attempt to circumvent the financial system’s problems in their entirety.
