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Pam and Russ Martens: Credit Suisse tanks as it acknowledges bank run

Section: Daily Dispatches

By Pam and Russ Martens
Wall Street on Parade
Friday, February 10, 2023

Credit Suisse continued its long death spiral yesterday, losing 15.64% of its market value in one trading session to close at $3.02 on the New York Stock Exchange. The trading action came on the heels of an earnings report that was excruciatingly bad -- even for Credit Suisse.

... Dispatch continues below ...


Relevant Gold Intersects 83.8 g/ton gold over 1 meter at Golden Buffalo

Company Announcement
Monday, February 6, 2023

VANCOUVER, British Columbia, Canada -- Relevant Gold Corp. (CSE:RGC) is pleased to announce the results of its initial 3,500-meter drilling exploration program on its Golden Buffalo Project in the company's 15,095-hectare land package in the South Pass Gold Field, Wyoming, United States. 

Highlights of the program include 1 metre (core length) of 83.8 g/ton Au in Hole 22GB-012 and 14 of 26 holes reporting anomalous gold (>0.1 g/ton Au). The results indicate that the Golden Buffalo Shear is a fertile orogenic gold structure and provide initial proof of concept that large scale Abitibi-style mineralization may exist in central Wyoming. ...

Mineralization was consistently found in individual shear strands within the overall 20-meter-wide Golden Buffalo Shear Zone.

Fifty-four percent of holes drilled intersected anomalous (>0.1 g/ton Au) gold mineralization. Orogenic/Abitibi-style alteration was observed in all 26 drill holes. ...

... For the remainder of the announcement:

The Global Systemically Important Bank, which means it's interconnected to other G-SIBs that could bring down the global financial system, reported yesterday that its clients had yanked over $100 billion in just the fourth quarter -- which was more than eight times the outflow in the third quarter. 

The bank's pre-tax loss for the quarter was $1.51 billion, marking its fifth consecutive earnings loss. ...

... For the remainder of the report:

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Toast to a free gold market
with great GATA-label wine

Wine carrying the label of the Gold Anti-Trust Action Committee, cases of which were awarded to three lucky donors in GATA's recent fundraising campaign, are now available for purchase by the case from Fay J Winery LLC in Texarkana, Texas. Each case has 12 bottles and the cost is $240, which includes shipping via Federal Express.

Here's what the bottles look like:

Buyers can compose their case by choosing as many as four varietals from the list here:

GATA will receive a commission on each case of GATA-label wine sold. So if you like wine and buy it anyway, why not buy it in a way that supports our work to achieve free and transparent markets in the monetary metals?

To order a case of GATA-label wine, please e-mail Fay J Winery at

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-- or for an additional $3 and a penny buy an autographed copy from Englert himself by contacting him at

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