Loading ...Hi Bill,
Only one word can describe what the Federal Reserve has done these past two weeks: PANIC!
The big spike seen in the chart below (from a 10Wk M/A of 18.23 billion to 82.66 billion) is only from the LAST TWO WEEKS! The FOMC has to using an enema bottle up the market’s back-door to “inject” this much “liquidity” into the banking system. Why would they do this; most likely because if they didn’t the global banking system would have imploded.
Wk Cng Fed Hold 10Wk MA
The clock is ticking for the day when the price of gold and silver are going to explode.
Mark