| 30.09.2013 - Balance sheet liquefaction and the race for precious metals |
| The Fed seems to be stuck because of housing market weakness and its associated mortgage backed securities. The repo market appears to be where the stress is most threatening, though hidden from view. These trillion dollar daily transactions are the lifeblood of world financial markets. Furthermore, the size of global financial markets has become so large that their downfall would severely threaten the underlying economy...............................................Full Article: Source |