OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Buygold–wanna make the trade of a life time? Buy TVIX–for the umpteenth time we have a clear and sure warning of a crash

Posted by Richard640 @ 10:38 on December 11, 2019  

as per the article u posted….but this time the wold really is at the door…[???]

“It’s About To Get Very Bad” – Repo Market Legend Predicts Market Crash In Days

“FX swaps could end up as the orphaned asset class without an obvious backstop, and that may force banks in some parts of the world to the edge of the proverbial abyss.”

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As I wrote here yesterday, the detailed mechanics of this, as written, are way above my head. I THINK it said and/or implied that 10 years of QE created a financial system that depends on the Fed monetizing debt in massive quantities forever so that billionaires could swap dollars to skim profits from QE Forever. Unsaid, but likely, is that since both the ECB and BOJ are deep into endless QE, then the Fed needs to get in step.
Coincidentally, there’s a  FOMC meeting in play just in time to save the world from the financial crash these billionaires will cause if they don’t get free money under their terms. Banks have oodles of UST debt that needs to go at a profit and the Fed is the only buyer dumb enough to buy it so the banks earn a profit.
Implied Terror is WE NEED QE FOREVER NOW WITH ZIRP FOR GOOD MEASURE!!! REPOS ARE TOO UNPOPULAR AND WE WILL MAKE FACES AND STICK OUR TONGUES OUT AT POWELL IF HE MAKES US USE REPOS INSTEAD. WE WILL HATE HIM FOREVER!. AND WE’LL CAUSE THE BIGGEST FINANCIAL CRASH THE WORLD HAS EVER SEEN IF WE CAN.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.