Bix Weir and Lynette Zang Tuesday Afternoon 2-4-2020
Bix Weir
ALERT! "Repocalypse" is BACK as Banks Try to Hide Bailout Totals!!
RoadtoRoota: Feb 4, 2020
The latest Term Repo was 2x oversubscribed and has shocked those that have said the banking crisis is over.
It's NOT OVER!
It's growing and here's how they are trying to hide it!!
NEGATIVE RATES, DB BAILOUT, GOLD PRICES… Q&A with Lynette Zang and Eric Griffin
Streamed live 65 minutes ago
Question 1. Sean M: With the massive money printing and dollar’s weakening purchasing power, why would anyone want to be invested in equities (or any non-precious metals investment) since when you eventually sell, you will receive dollars that are weaker?
Question 2. Vijay M: if these China, Russia and India increase their gold reserve by 25% or more in the next 5 years, how would that effect the gold price?
Question 3. Jeffrey C: With all the overnight lending from the FED, who is legally on the hook for the loan and the interest rate? if all banks fold in a collapse, would the taxpayer be responsible to pay the Repo principal as well?
Question 4. Nathan M: Negative interest rates haven’t worked in Europe and Japan. Why would President Trump be advocating for negative rates? I believe it would only kick the can down the road and prolong the upcoming crises.
Question 5. Shaffer: Is it possible that American repos are being funneled to Deutsche Bank? As banks constantly do overnight transfers, is it possible they’re hiding in their books, the first foreign bank bailout?