Loading ...Reverse Repo
hit 1.4 trillion now. Armstrong defines it as the Fed is selling its bonds by draining the system of cash. Too much floating around and banks getting weary of lending, Shows that the Fed is Deeply concerned about inflation . May not support bond buying as before.
https://www.newyorkfed.org/markets/desk-operations/reverse-repo
Do any of these numbers even matter anymore?
If they do, why have gold and silver not discounted the risk properly?
Metals will probably only rise AFTER a huge event, perhaps when the dollar rises too high and effects all of the debt repayment around the world and then the masters introduce a new mixed bag of currency be the moment. So far inflation means nothing to the metal, its all about other stresses, war… perhaps the Fed members see Biden and his multi multi trillion wishes as the stupidest thing ever and will choose to go against him and his clowns and not support his bond purchasing dreams to pay the bills and that is the moment for gold to wake up. HYG at juncture for markets too monitor.
https://www.tradingview.com/x/dB3vd6Ol/
The problem is a shortage of collateral. Parties with qualified collateral are afraid of system risk, thus the Fed must step in and provide collateral of last resort. What most do not understand is the Fed is intervening to keep interest rates from going negative…
This has nothing to do with the metals.
I bought JNUG pre market and am riding what I think is a BMR. My parachute is on and I am standing in the door.
Good luck amigo, commando the only way to fly! I think they call it ‘naked short “
JNUG was 43.6% below the 200 day moving average.
The grim repoer…https://www.newporkfed.org/markets/desk-operations/reverse-repo