The chart of the week is courtesy Charles Hugh Smith and shows the current balance sheet of the FED. The current balance sheet show a total asset base exceeding 4.5 Trillion dollars thanks to a series of quantitative easing (QE). This is up from the 1.0 Trillion mark in 2008 when the FED flooded the world with cheap money via its unconventional monetary policy. Wonder how long this continues?
1,250 Shares in SPDR Gold Shares (NYSEARCA:GLD) Purchased by Ballast Inc.
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Ballast Inc. bought a new position in SPDR Gold Shares (NYSEARCA:GLD – Free
Report) during the fourth quarter, according to the company in its most
recent ...
21 minutes ago