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Re: Mason07 post# 2894

Thursday, 12/12/2019 3:49:48 PM

Thursday, December 12, 2019 3:49:48 PM

Post# of 3360
I voted for Trump and probably will again. He is a big spender, more than Obama, and while that is not why I voted for him it is good for gold. We are in a major REPO problem and the fed will create one third of a billion dollars between now and the end of the year to avoid a major crash.

To Avoid Repo Crisis Fed Will Flood Market With A Gargantuan $500 Billion In Year-End Liquidity

This means that by mid-January, the Fed's balance sheet will surpass its all time high of $4.5 trillion!

We are living in a false economy and the debt and low interest rates (zirp and nirp in some countries) have caught up with us. The US is quietel entering Q4, something you usually do during a major recession, not when you are in "the greatest economy" The future is very good for gold, but I feel terrible for all the suffering ahead. EU has been in a QE for a decade. This is very complicated stuff, sometime after the holidays we should all get together at a central location or in Florida for a few days.