RED ALERT! First Republic FAILS! Silver Spike “Tamped Down“ as JPM Needed $50B from FDIC! (Bix Weir)

The early morning FDIC takeover of First Republic Bank is the 2nd Largest Bank Failure Ever! With the announcement came a “structured“ takeover deal from JP Morgan so FRB could open their doors on Monday to see here! The FDIC has agreed to split losses with JPM as well as give JPM a “Mystery Loan“ of $50B! The obvious question did the FDIC get $50B to loan to JPM, what are the terms of the loan and the DID JPM NEED A $50B LOAN FROM THE FDIC?! Soo much is hidden here as I think the FDIC’s Deposit Insurance Fund is being GUTTED! Meanwhile, Silver & Gold started spiking up, as they should, but were quickly “Tamped Down“ by COMEX market riggers! THANKS ROSTIN BEHNAM!!