Jason Burack: Gold & Silver Smashed On False Narratives, Fed’s Balance Sheet Up By $112 Billion In Only A Week!

Sharing is Caring!

Wall St. For Main St., Released on 6/17/21

Gold and silver paper prices were smashed again today on yesterday’s false narrative that the Fed will hike interest rates 2 times in the next 18-24 months.

While the probability of the actual rate hikes happening is very low for many reasons, the Fed’s actual balance sheet increased by an enormous $112 billion in just the last week to $8.064 trillion!

Track the Fed’s balance sheet here: fred.stlouisfed.org/series/WALCL

What is weird is that last week Reuters was reporting that the Fed’s official balance sheet was over $8 trillion already Fed balance sheet tops $8 trillion for first time -data finance.yahoo.com/news/fed-ba…

When the St. Louis Fed’s website only had the Fed’s official balance sheet at $7.952 trillion as of June 9th, 2021 (last week).

See also  Youtuber who predicted the high of Bitcoin and the crash of silver 2 times posted that he is worried: West wants World War

So why the discrepancy?

Maybe someone at the Fed screwed up with stagflate tax lie aka management of perception economics (MOPE) and it is becoming too difficult juggling what is on balance sheet and what is off balance sheet?

Commit to tipping us monthly for our hard work creating high level, thought provoking content that includes interviews with top experts, analysis and short videos about investing and the economy www.patreon.com/wallstformainst​ Please visit the Wall St for Main St website here: www.wallstformainst.com/​​​​​​

Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. You can also find Jason’s work at his blog website at www.jasonburack.com.

See also  Rafi Farber - SILVER Markets to BLOW UP Like Electricity & Nickel Markets

Views: 2

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.