'Debt & Delusion' author Dr Peter Warburton
Weekly Bullion deals 🔥https://SDBullion.com/deals🔥
This Podcast - http://www.SilverDoctors.com/precious... All four major precious metal spot prices had another solid week of price action.
The gold price in terms of spot finishes this week around $1,515 oz.
The spot platinum price cleared $950 oz. And the palladium price strikes another record high mostly due to an increasing shortage of this Pd precious metal, closing this week around $1,850 oz.
The silver spot price closes this week at 18.18 per troy ounce in fiat Federal Notes.
The Federal Reserve cut another 25 basis points this week to their Federal Funds Rate. With no end in sight, they are also often extending over $100 billion in Federal Reserve note repo loans through the NY Fed desk every business evening.
The real mandate failing Federal Reserve wants us to believe that in the years before the 2008 financial crisis crescendo and their subsequent $29 trillion in collective bailouts, that beginning repo loans in 2007 were "normal" balance sheet expansions.
The problem is that in the six years leading up to 2008, the Fed added $200 billion collectively to their balance sheet.
They have now done that and $50 billion more in just the last month and ten days.
FULL SHOW NOTEs:
https://SDBullion.com/blog/debt-and-d...
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