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Report: Fed’s Secret Repo Loans to Megabanks in 2020 Eclipsed 2008 Bailouts, Data Dump Shows $48 Trillion in Stealth Funding

Following the controversial bank bailouts and Troubled Asset Relief Program (TARP) in 2008, reports show in late 2019 and 2020, the U.S. Federal Reserve participated in providing trillions of dollars…

Continue ReadingReport: Fed’s Secret Repo Loans to Megabanks in 2020 Eclipsed 2008 Bailouts, Data Dump Shows $48 Trillion in Stealth Funding

Terra price key support level breaks after 30% weekly drop — more pain for LUNA ahead?

Macro, technicals, and uncertainties concerning Terra's LUNA-burning mechanism could push price further down in April.

Continue ReadingTerra price key support level breaks after 30% weekly drop — more pain for LUNA ahead?

Fed Chair Jerome Powell Hints at Aggressive Rate Hikes After Saying ‘Inflation Is Much Too High’

The 16th chair of the Federal Reserve, Jerome Powell said that America’s “inflation is much too high” on Monday, and he further explained that the U.S. central bank is willing…

Continue ReadingFed Chair Jerome Powell Hints at Aggressive Rate Hikes After Saying ‘Inflation Is Much Too High’

Price of Gold Spikes Over $2,060 per Ounce While Risk Assets Continue to Capitulate

On Tuesday, the price of gold soared to new heights as an ounce of the precious metal surpassed $2K per ounce during the early morning trading sessions (EST). Hours later,…

Continue ReadingPrice of Gold Spikes Over $2,060 per Ounce While Risk Assets Continue to Capitulate

Geopolitical Risk and Ukraine Worries Shake Equities, Cryptocurrencies — Gold Soars Higher

On Wednesday, global markets have been volatile as Ukraine officials declared a state of emergency amid fears of a Russian invasion. Wall Street’s top indexes shuddered during the day’s trading…

Continue ReadingGeopolitical Risk and Ukraine Worries Shake Equities, Cryptocurrencies — Gold Soars Higher