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Rafi Farber: The Fed's Losses are Real, and They're Spectacular
Rafi Farber - The Fed's Losses are Real, and They're Spectacular
Can a money printer actually lose money? 100% yes.
In fact, the Federal Reserve is now the Federal Reverse, and now has over $1 TRILLION in unrealized losses on its balance sheet.
That's what happens when you own ungodly amounts of Treasuries and then hike interest rates.
These are by far the steepest losses the Fed has ever experienced.
There was only one time in history when we saw anything remotely similar: The late 1970s when Paul Volcker hiked rates to 20%, and gold and silver made their moonshots.
Watch today's Silver Report for the numbers on this. And yes, they're real, and they're spectacular.
To find out more, click to watch the video now!
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