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Word on the street FED IS PRINTING $150 Billion, Every Night

anywoundedduck

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#1
Supposedly to keep the credit markets from failing.
I think it's to short Gold,and Silver.
It started in September with 50 Billion a night.
But now it costs 150 billion a night to,keep precious metals in check.
But even with the billions being printed and thrown at it, Silver and Gold are stilll on an upward trajectory.
I don't think this is sustainable, and the day of reckoning is at hand, IMHO.
 

ZZZZZ

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#3
Supposedly to keep the credit markets from failing.
I think it's to short Gold,and Silver.
It started in September with 50 Billion a night.
But now it costs 150 billion a night to,keep precious metals in check.
But even with the billions being printed and thrown at it, Silver and Gold are stilll on an upward trajectory.
I don't think this is sustainable, and the day of reckoning is at hand, IMHO.
Maybe a small portion is going into the metals markets (on the short side of course), but silver especially is a very small market, Only about $5 billion worth of silver is trading daily.

In silver, LBMA members traded 1.1 billion ounces in spot, 651.2 million ounces in swaps and forwards, 36.7 million ounces in options and 43.7 million ounces in leases, loans and deposits, giving a daily average total of 359.3 million ounces worth around $5.2 billion.
https://www.reuters.com/article/us-...-london-each-day-new-data-shows-idUSKCN1NP0VH
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anywoundedduck

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#4
Maybe a small portion is going into the metals markets (on the short side of course), but silver especially is a very small market, Only about $5 billion worth of silver is trading daily.



https://www.reuters.com/article/us-...-london-each-day-new-data-shows-idUSKCN1NP0VH
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I stand corrected, 5 Billion it is, and 145 Billion to the banksters, to keep the credit markets afloat.
But the point is, the amount they will throw at metals is infinite. This has to end.
 

Ebie

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#5
It is hard to estimate a time range.
I suspect that the longest is the year 2025.