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POSTED ON March 31, 2023  - POSTED IN Friday Gold Wrap

The Federal Reserve has added nearly $400 billion to its balance sheet in just two weeks while simultaneously claiming to still be in the inflation fight. While things seemed pretty quiet this week after the bank bailout, Friday Gold Wrap host Mike Maharrey says it’s only a matter of time before the next shoe drops. What will that be? In this episode, he talks about one possibility. He also talks about some interesting demand news in the silver market.

POSTED ON March 27, 2023  - POSTED IN Original Analysis

In the week before it raised interest rates another 25 basis points to fight inflation, the Federal Reserve added more than $94 billion to its balance sheet. This was on top of the nearly $300 billion it piled onto the balance sheet in the first week of its bank bailout.

The balance sheet reveals that Fed has loaned banks nearly $400 billion in money created out of thin air in just two weeks.

POSTED ON March 24, 2023  - POSTED IN Friday Gold Wrap

On Wednesday, the Federal Reserve raised interest rates again despite the problems in the banking system. In this episode of the Friday Gold Wrap, host Mike Maharrey talks about the Fed’s inflationary efforts to paper over the problems in the financial system while still keeping up the pretense of an inflation fight. He says it’s like trying to thread a needle with rope.

POSTED ON March 22, 2023  - POSTED IN Original Analysis

The Federal Reserve is trying to walk a tightrope — in a hurricane.

After rate hikes resulted in the collapse of Silicon Valley Bank and Signature Bank, the Federal Reserve and the US Treasury stepped in with a bailout. With that hole in the dam seemingly plugged for the time being, the Fed pushed forward and raised interest rates by another 25 basis points at its March meeting.

POSTED ON March 22, 2023  - POSTED IN Interviews

The dust continues to settle after the failure of Silicon Valley Bank and Signature Bank, and the ensuing government bailout. Many people in the mainstream seem to think the crisis has passed. But a closer look at the condition of the banking system reveals these two banks were just the tip of the iceberg. Peter Schiff appeared on NewsMax Wake Up America to talk about the financial crisis. He said that there are more bailouts to come.

POSTED ON March 21, 2023  - POSTED IN Metal Exchange

In this episode of Metal Exchange, host Mike Maharrey chats with SchiffGold analyst Tony about the recent bank failures, the bailouts, the reaction of the markets and what might happen next. They conclude that if you’re betting that the Federal Reserve has everything under control, that’s probably a bad bet!

POSTED ON March 21, 2023  - POSTED IN Original Analysis

The demise of Silicon Valley Bank and Signature Bank was just the tip of the iceberg. As it turns out, hundreds of banks are at risk. This explains why the Federal Reserve and US Treasury rushed to provide what is effectively a bailout for the entire banking system.

In the first week, the Federal Reserve handed out more than $300 billion in loans through its newly created Bank Term Funding Program (BTFP).

POSTED ON March 21, 2023  - POSTED IN Interviews

Peter appeared on Fox Business Claman Countdown to talk about the recent bank failures and the ensuing government bailouts. During the interview, they discussed how to invest in the current environment. Peter said that right now, gold is undervalued, but investors will bid up the price much higher when they come to terms with the reality of inflation.

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