TRACKING THE GOLD AND SILVER INVESTMENT COMMUNITY, WORLDWIDE - AN UNOFFICIAL EDITING OF RELATED INVESTMENT COMMENTARY
Sunday, November 24, 2019
Jeff Snider: The Financial System Is Broken
Jeff Snider, head of global research at Alhambra Investment Partners, has been covering the repo market breakdown since May 2018. With the recent spike in repo rates, it seems like the rest of the market has finally started to take notice.
Snider explains why this problem is not coming up out of the blue and breaks down why he views recent market moves as a sign that the banks are telegraphing their knowledge of major threats to the monetary system.
