Post by Admin on Jul 24, 2021 17:01:18 GMT -6
Originally posted on r/wallstreetsilver June 3, 2021 - moved here July 24, 2021
The US markets are full of people believing mainstream media hype and not looking into the real stories. What stories are out there? Lightly reported, Russian foreign assets fund is dumping all dollar denominated holdings. Russians are also buying physical gold as is China and several other central banks, again, lightly reported. What's all over MSM? Jobs crush expectations as nearly 1 million people back to work led by the service sector. Well, ok. 22 states have ended enhanced unemployment benefits and restaurants/fast food/retail outlets across the nation are offering interview bonuses, signing bonuses and higher pay to get the workers they need. This was expected. Also, there are still 15 million people on unemployment benefits with record level job opportunities. What else is on MSM? The Fed is going to end its bond buying program that saved the economy. So says CNN! That's the literal headline. What is actually happening? The Fed is ceasing its corporate bond buying and will sell them back into the market over time. The total amount of corporate bonds they have bought? $13.7 billion. They buy that much in treasuries every 5 days, but only the first part is reported and is described as "a huge amount of money to push back into the market". No, this is truly a non-event. However, whatever MSM decides is the narrative, is the narrative, so here we are. The economy is rocketing! Inflation is transitory! Everything is fine, really, look at the numbers, look at what's happening! Look at what we say to, ignore the rest, and here, visit our sponsors while you're at it! And so, we get a price dip (in silver) to take advantage of even though, fundamentally, things are actually shifting in our favor. Keep stacking. I bought 500 dimes today.
The US markets are full of people believing mainstream media hype and not looking into the real stories. What stories are out there? Lightly reported, Russian foreign assets fund is dumping all dollar denominated holdings. Russians are also buying physical gold as is China and several other central banks, again, lightly reported. What's all over MSM? Jobs crush expectations as nearly 1 million people back to work led by the service sector. Well, ok. 22 states have ended enhanced unemployment benefits and restaurants/fast food/retail outlets across the nation are offering interview bonuses, signing bonuses and higher pay to get the workers they need. This was expected. Also, there are still 15 million people on unemployment benefits with record level job opportunities. What else is on MSM? The Fed is going to end its bond buying program that saved the economy. So says CNN! That's the literal headline. What is actually happening? The Fed is ceasing its corporate bond buying and will sell them back into the market over time. The total amount of corporate bonds they have bought? $13.7 billion. They buy that much in treasuries every 5 days, but only the first part is reported and is described as "a huge amount of money to push back into the market". No, this is truly a non-event. However, whatever MSM decides is the narrative, is the narrative, so here we are. The economy is rocketing! Inflation is transitory! Everything is fine, really, look at the numbers, look at what's happening! Look at what we say to, ignore the rest, and here, visit our sponsors while you're at it! And so, we get a price dip (in silver) to take advantage of even though, fundamentally, things are actually shifting in our favor. Keep stacking. I bought 500 dimes today.