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Rafi Farber: The Fed is $1.125 Trillion in the Red And Silver Makes a U Turn
#RafiFarber - The Fed is $1.125 Trillion in the Red And Silver Makes a U-Turn
The Federal Reserve has "earnings"? Yes it does, and the issuer of the US Dollar itself is in the red, year to date, to the tune of $1.125 trillion. Here's what that means for silver, and gold too. As for other dying megabanks, there's Credit Suisse, stuffed with over $17 trillion of derivatives and currently suffering the worst bank run in its history.
Financial crisis, anyone? Sounds super, assuming you have your metals stacked and ready.
To find out more, click to watch the video now!
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https://seekingalpha.com/author/austrolib
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https://arcadiaeconomics.com/cftc-complaint/
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#silver
#silverprice
And remember to get outside and have some fun every once in a while!:)
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