Y No Bank Holiday This Week?


Last weekend I alerted you all to rumors about a “Bank & Market Shutdown on Sunday?! “.

It didn’t happen. Why?

Take a look at this Reuters news item –> Banks borrow record $437.5 billion per day from Fed

It says “Banks and dealers’ overall direct borrowings from the Fed averaged a record $437.53 billion per day in the week ended October 15, topping the previous week’s $420.16 billion per day.”

Do the math: Oct 2-8 gifts totaled ($420.16 x 7 = $2,941.12 billion). Oct 9-15 gifts totaled ($437.5 x 7 = $3,062.50 billion).

That’s over $6 trillion dollars so far in October. That’s over 8 times the size of the entire $700 billion Bankster Bailout!

Now, tell me again WHY they needed the $700 billion bailout if the Fed is giving away this kind of money? Oh yeah, I remember now: Bailout Charade: The Hidden Reason Why


◊◊◊◊ Now: Gold @ $788.80, Silver @ $9.45, USDX @ 82.26 ◊◊◊◊
◊◊◊◊ Now: DJIA 9,194.39

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One Response

  1. […] Y No Bank Holiday This Week?  **new** – Bailout Charade: The Hidden Reason Why – Krona Dies: Tuff Times in Iceland  – […]

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