The Fed BTFP (bank term funding program) is winding up on March 11 - it was announced earlier in Jan this year I believe. This was the FDIC mechanism of bailing out regional banks in the US. The market/gold is sniffing out turmoil right around the corner.
Have a look at a chart for NYCB on NYSE.
All their CLOs are under water and at higher for longer interest rates the Fed cant afford to keep printing to keep bailing them out.
The Fed is trying to engineer a controlled break in the market. But gold knows what’s coming!
- Forums
- ASX - By Stock
- $1 Party
The Fed BTFP (bank term funding program) is winding up on March...
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SPR (ASX) to my watchlist
(20min delay)
|
|||||
Last
62.0¢ |
Change
0.040(6.90%) |
Mkt cap ! $672.8M |
Open | High | Low | Value | Volume |
58.5¢ | 62.0¢ | 58.5¢ | $4.084M | 6.778M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 994054 | 61.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
62.5¢ | 46278 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 994054 | 0.615 |
6 | 76665 | 0.610 |
6 | 86203 | 0.605 |
12 | 155500 | 0.600 |
4 | 117143 | 0.595 |
Price($) | Vol. | No. |
---|---|---|
0.625 | 46278 | 4 |
0.630 | 97000 | 2 |
0.635 | 1000 | 1 |
0.640 | 28576 | 4 |
0.645 | 122600 | 3 |
Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
|
|||||
Last
62.0¢ |
  |
Change
0.040 ( 7.71 %) |
|||
Open | High | Low | Volume | ||
58.5¢ | 62.0¢ | 58.5¢ | 2045723 | ||
Last updated 15.59pm 10/05/2024 ? |
Featured News
SPR (ASX) Chart |