Gold Telegraph
@GoldTelegraph
THE SWEET IRONY.
In 2020, the Federal Reserve engaged BlackRock to manage the acquisition of corporate bonds and commercial mortgage-backed securities.
Under the Fed’s program, BlackRock: “Could buy some of its own funds on behalf of the central bank.”
Today, We are observing significant turmoil in the debt markets, which is being propelled by problems in the commercial real estate sector.
Now, the leader of BlackRock is saying gold investors hurt capital market development.
The truth is… We don’t have enough Western gold investors within an industry starving for capital. This is why the Eastern world is picking up world-class deposits for pennies on the dollar.
Do you want to talk about what destroys capital markets? Quantitative Easing. Taxpayers around the world are now understanding why central banks are taking massive paper losses on this program, which includes the FEDERAL RESERVE.
I could go on for days… The irony here is just so beautiful. The more he ramps up this rhetoric, the more I will lay out the facts. Trust me… I have a library of information.
