/biz/ - Business & Finance

>>30290394
New Peter Schiff Was Right compilation video imminent

YCC imminent

"I can’t remember the last time the proverbial house was on fire and the Fed screamed “Dial 911!”, because they never have. Remember “Subprime is contained”? Instead, they try to talk down yields with words like ‘transitory’ and ‘patient’.

In reality, I believe they know exactly what is going on and fully plan to cap bond yields in the very near future. They have no alternative. A further sharp rise in the cost of debt would raise some very difficult questions about the solvency of U.S. finances, which could risk the collapse of all markets. The key question is: when will they intervene?

Last week, I shared my belief that the 30-year Yield cannot be allowed to go above 2.75%-3.00% and that I am looking for a negatively divergent higher high in yield above the prior of 2.41%. At either or both of those points, the Fed must intervene. When they do, yields will fall and Gold, Silver, and the miners will begin their next rally to new highs. The same thing happened in reverse last August when yields bottomed out.

Far from being a negative for precious metals and miners, today’s comments from Powell accelerate the time it takes to reach those yield targets, the subsequent intervention by the Fed, and finally the bottom in Gold and Silver.

The alternative is that the government does the job for them by mandating a Federal lockdown of the U.S. economy in April. This would instantly reduce inflation expectations and cause bond yields to fall naturally. Either way, the result is the same for precious metals and miners. The pain is almost over."

https://www.sprottmoney.com/blog/The-Pain-Is-Almost-Over-David-Brady-March-04-2021

What will Bayhorse do today?

Repo market is starting to look like 2019
https://www.zerohedge.com/markets/historic-repo-market-insanity-10y-treasury-trades-4-ahead-monster-short-squeeze