Greg Hunter – Economic analyst and financial writer David Morgan says, at some point in the not-so-distant future, the world is going to have another banking crisis. Morgan contends in the next financial crisis, the banks are going to take depositors’ money in what is called a “bail-in.”
Morgan explains, “We have this saying in the precious metals world, and that is ‘If you don’t hold it, you don’t own it.’
Let’s move it over to the currency realm. What if you had that same idea that if you don’t hold it, you don’t own it? The reason why that is so important to me and many others is the bailout situation is over.