Bix Weir and Lynette Zang Tuesday Afternoon 1-21-2020
Bix Weir
ALERT: $470B Bank Bailout TONIGHT & Hedge Funds are the Hidden Players!!
Jan 21, 2020
Behind the Repo mess lie the 100x leveraged hedge funds that the Fed is considering lending to directly! WAIT! They already ARE!!
BROKERAGE ACCOUNTS, RESET, GOLD RESERVES… Q&A with Lynette Zang and Eric Griffin
Streamed live 94 minutes ago
Question 1. WS: If the US economy, US financial economy, and FX economy are built on the US dollar (the Reserve-currency), would it be logical to assume that during the next crisis the dollar will go up significantly, first —even for a time? As the world, either by policy mandates or on a ‘run-for-safety’, clings to its reserve-fiat-currency (dollar), wouldn’t this increase its demand (ex: QE) and notional value?
Question 2. Morten S: If the United States, and other large countries that has been accumulating gold the last few years, decide to “hit the reset button” and go back to a gold standard, what will happen to the remaining fiat currencies of the countries with little to no gold reserve? And is this a plausible scenario considering they would have to default on a lot of debt?
Question 3. Alexander F: If stocks are purchased via brokerage such as e*trade, td ameritrade, etc., and are held on a brokerage account are they subject to bail-ins as well?
Question 4. Mocha T: instead of placing your money in a bank, put your money in a brokerage account because they are “transaction” only firms, they don’t speculate, don’t have derivatives and do not lend money against real estate. Do you think this is a valid strategy?
Question 5. James R: Who will control the reset? -governments or central banks?