Loading ...QE 4.0 Incognito has just begun and we didn’t know it happened until now.
Gang (knights) this is pretty important. An derivatives dislocation blow up just happened and the FED of course kept it under wraps. This is what the credit spread spike was all about. Somewhere a bank just blew up and the FED rescued it. So the question is was it just phase one and the big one is coming down the pike? Check out these charts, the article and the video. Maybe this is what is driving gold.
http://investmentresearchdynamics.com/something-blew-up-in-the-global-financial-system/
The source of the fire?
Wow! There has been evidence in the past that the Fed has supported oversea banks. With European banks just recently going through stress testing, have to wonder if it went over there.
I think the “FED” is a private consortium of US AND EUROPEAN Banks….
Got any SJB? Been building my position.
DB is the likely failure