Long Gold and Silver: A Lifeline for Struggling Hedge Funds? [View article]
Oops. This just in:
Oct. 6 (Bloomberg) -- The Federal Reserve will double its auctions of cash to banks to as much as $900 billion and is considering further steps to unfreeze short-term lending markets as the credit crunch deepens.
That Term Auctio Facility amount looks like it will need to be increased to $900 Billion.
Long Gold and Silver: A Lifeline for Struggling Hedge Funds? [View article]
Oct. 6 (Bloomberg) -- The Federal Reserve will double its auctions of cash to banks to as much as $900 billion and is considering further steps to unfreeze short-term lending markets as the credit crunch deepens.
That Term Auctio Facility amount looks like it will need to be increased to $900 Billion.
Chump change.
Two Moves to Make as the Fed Inflates the Commodities Bubble [View article]