BREAKING NEWS
THE BANK FOR INTERNATIONAL SETTLEMENTS IS WARNING THAT PENSION FUNDS AND OTHER NON-BANK FINANCIAL FIRMS NOW HAVE MORE THAN $80 TRILLION OF HIDDEN, OFF-BALANCE SHEET DOLLAR DEBT IN THE FORM OF FX SWAPS
$80 trillion.
You are reading this right.— Gold Telegraph ⚡ (@GoldTelegraph_) December 5, 2022
right now
spot silver 22.28;
1 oz silver eagle = 36.70 (approx 64% premium to spot)
bag junk coins - 22,484 = 11% premium to spot
spot gold 1,770
1 oz golden eagle = 1,929 = (approx 9% premium to spot)
it was reported today on charles payne show that foreign banks are big buyers.
also reported (from other sources) that US gold being held in safekeeping at cheyenne nountain???? troops also deployed there???
What’s an FX swap?
sorry. i should have kept reading before i opened my mouth...I’ll sit down now.