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563

07/02/20

20:15

Post #: 42811289
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Originally posted by slange: ↑

Gold market has been very active in the cap and attack action since the BIS smash ended.
By the look of it the release of the NFP tonight will elicit another smash attempt.
But when you look at it nothing has changed.
The Fed is permanently stuck in the repo market desperately trying to cap rates and the demand for repo money will only rise.
The duct tape gets wrapped around more and more as the bulge increases.
A massive liquidity injection was the only thing defying gravity in these markets.
The central banks are shitting themselves that a liquidity event will arise because they know that that will break the system.
Gold will rise overall because gold is pure and honest and everything else is corrupt.

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Latest and most reliable update on Repo Market activity I'm aware of.

https://wolfstreet.com/2020/02/07/end-of-qe-4-feds-repos-drop-to-oct-2-level-t-bills-balloon-mbs-fall-total-assets-down-to-dec-25-level/
1 Upvote

0 Great analysis

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