Kitco News: The Cracks are Showing even as Markets Hit Record Highs

The stock market is hitting record highs, credit markets are flashing warning signs, and economic cracks are widening – yet many investors remain oblivious to the brewing storm. In a recent interview with Jeremy Szafron of Kitco News, financial analyst George Gammon delved into the precarious state of the global financial system, uncovering troubling parallels to the pre-2008 crisis era. This alarming financial landscape suggests that while the stock market may be soaring, the foundation underneath is eroding fast. Gammon highlighted eerie similarities between today’s conditions and those leading up to the 2007 Bear Stearns collapse: “The biggest risk right now isn’t the…