GoldFinger1969 ✭✭✭✭✭

OPEC fell apart in 10 years. You really expect to sell people that an anti-silver conspiracy has been holding up for 47 years ? :D :D :D (View Post)

MBS market was $9.5 trillion in 2008. Only a few hundred billion in Agency GSEs failed; about the same amount in non-Agency. Total "bad" MBS well under $1 trillion. The problem wasn't … (View Post)

They were designed to add liquidity to the Repo market. The TOTAL was under $300 BB as I recall, maybe $250 BB. The Fed made about $1 billion in fees. 99.9% of the assets were money-good. They wouldn… (View Post)

Uhhh....there's a difference in gating withdrawls from an illiquid asset investment where you were told of that possibility beforehand. :D We're talking about not being able to access CASH … (View Post)

Derry, that table is useless. Banks borrow from the Fed Discount and SOMA windows all the time. That's not a bailout. Repos and Reverse Repos are part of normal monetary policy. This is a fraudu… (View Post)