The Financial Yips! Overnight Repo Usage Highest Since Covid Outbreak (Gold Spikes Then Normalizes, Silver … Not So Much)

by confoundedinterest17

There is a phenomenon in baseball and golf known as “the yips”. A colloquial term for a sudden and unexplained loss of skills in experienced athletes.

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US Temporary Cash Added/Drained – Banking System Through Overnight Repos is at its highest level since the March 2020 Covid outbreak.

Bitcoin (white) and Ethereum (purple) crashed then rebounded to a lower level. Gold spiked in price then settled back to pre-spike. Silver was the biggest loser of the four (gray pretending to be silver).

 

 

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