Silver Bull Resources Inc. (SVB)

Silver Bull Resources Inc. (SVB $0.29)
- $0.29 Cap: $14M
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Citigroup Inc. (C $101.23)
- $101.23 P/E (TTM): 14.66X Cap: $184.49B
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- P/E (TTM): 21.1X Cap: $653M
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Silver Bull Resources Inc. (SVB $0.29)
- $0.29 Cap: $14M
- View SVB Profile
- View Questions on SVB

Q: I notice that with it's new FDIC unlimited guarantee SVB is marketing itself as the safest bank for depositors. With an unlimited guarantee, it is equivalent to holding reserves at the central bank. How does the competition respond if their guarantee is limited to $250k, or as is the case in Canada, $100k? How will banking change now that depositors know that they can be made safe/whole by the stroke of a regulators pen? Are we looking at a fundamental change to banking? How should investors position for this?
Your thoughts are appreciated.
Mike

Read Answer Asked by michael on March 17, 2023