Money Supply Plunges as Repos Surge to $2 Trillion a Night - June 10, 2024
Gold and silver paused this week, along with the entire commodity complex. April's money supply stats show the second largest 2-week plunge in M2 ever. Meanwhile, the repo market hit $2 trillion traded nightly. Rafi Farber discussed how these forces will soon collide, likely causing dollars to flood out of the Eccles Building.
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