Silver Report Uncut and Bix Weir Sunday 2-13-2022
Inflation Blows Through Expectations, The Fed Warns It May Be Too Late & Calls Emergency Meeting
Silver Report Uncut: Feb 13, 2022
All of a sudden, The Fed has called for an "Expedited, Closed" Board Meeting on Monday Feb 14th.
The goal of the meeting is: "Review and determination by the Board of Governors of the advance and discount rates to be charged by the Federal Reserve Banks." and after January's surprisingly bad decline to fresh decade lows, analysts expect University of Michigan's Sentiment Survey to show further modest weakness in preliminary February data.
They were right in direction but the magnitude is way off - UMich headline sentiment crashed from 67.2 to 61.7 (against 67.0 expectations).
Both Current Conditions (from 72.0 to 68.5) and Expectations plunged (from 64.1 to 57.4), even though both were expected to show modest rebounds.
SILVER ALERT! The's NO Justification for BofA to Add $18B in Silver Derivatives!! (Bix Weir)
Feb 12, 2022
Bank of America is a very highly regulated US "Too Big To Fail Bank." They are regulated by the Federal Reserve, the SEC, The CFTC and the OCC just to name a few.
With so many watchdogs looking at Bank of America EVERY DAY how and why were they allowed to add $18B or 800M equivalent ounces of Silver Derivatives to their portfolio.
The Hunt brothers only held 110M ounce and they were stopped in their tracks and prosecuted for "trying to corner the silver market!"
And now here we sit with BofA holding the Massive Silver Hot Potato short position...WAS IT ALL DONE ON PURPOSE TO DESTROY THE GLOBAL MONETARY SYSTEM?!