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Wolf Bytes: Frank Trotter, Battle Bank

by Lobo Tiggre
Friday, July 28, 12:00pm, UTC, 2023

As a Puerto Rican with no good local banking options, I am candidly looking forward to the launch of Rick Rule's new Battle Bank. But he keeps saying that it will take deposits in gold and allow people to borrow against their gold—even to go out on margin to buy more gold. I'm a gold bug who saves in gold: the financial asset for which there is no counterparty risk, the long with no short. Why on earth would I want to put that at risk with margin? Rick was quite busy at his conference, so I asked his partner, Frank Trotter. See what you think of his answer...

 

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