Look What They’re Doing with the Money!

No Wonder Gold is Headed Higher!

The Federal Reserve is printing money like crazy!  

That’s not just an expression.  The Fed is unhinged!

The following charts say it all.  What it shows is completely unprecedented!  

It is a chart of Fed assets.  It represents what the Fed carries on its books, anything it has paid money for.  That includes government bonds, mortgage and other securities.  And now, as we have reported, even junk bonds.   

How does the Fed pay for the assets it buys?  It creates the money out of nothing.  It creates it out of thin air.  It buys assets in the afternoon with money that didn’t exist in the morning!

Perhaps not one person in a thousand understands this flim-flam.  We call it “printing money,” although it’s really done on computers.

On the left side of the chart you can see that Fed assets, which had been flat at about $800 billion dollars for a long time, suddenly started climbing.  This was the Fed’s response to the Mortgage Meltdown in 2008.

Eventually it printed enough to get Fed assets up to about $4.5 trillion, mostly buying trash from the big banks to bail them out.  

Of course, in diluting the value of the dollar by printing more of them, the Fed ran the price of gold to all-time highs.

Now, in response to the coronavirus shutdown, the Fed is printing money again.  Look at the right of the chart.  

The line has turned straight up!  

In a matter of a few days, the Fed has printed close to $2 trillion!

This is diluting, cheapening, the value of the dollar, much faster than anything the Fed has ever done before.  It is hard to comprehend how much money the Fed is printing in such a short period.  It took about three years last time to do what it has now done in weeks.

As we say, it is completely unprecedented.  It is train wreck for the purchasing power of the dollar.

But it will drive gold – and silver, too – much, much higher.

Speak with your Republic Monetary Exchange gold and silver professional today about the train wreck ahead of us.  Find out how to avoid the financial carnage and profit from this recklessness.