
An Extended Breakdown of the Fed and Banks (Podcast)
Bloomberg Intelligence
00:00
The Fed Should Offer Finance to Legacy Assets That the Banks Have a Problem With
Hugh Hewitt: This is a good time to panic. Do you recommend gold? Do you like Bitcoin? I go so gold has a logic. But when we look at that kind of bell curve of distribution, like gold presently is a little bit too far on the right axis in terms of like, it's kind of rich. It could be richer. Yep. At 2054, we're almost at the all time high. Welcome to the world of the ultra long treasury. The most despised security because we got the bogeyman of inflation,. So the TLT, the ETF has halved, right? 180 to 90 today is 100. That's an easy moonshot back
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