US Federal Reserve debt "explosive" growth!

 The latest report shows that as of June, the world's central banks over the past 25 months, the net reduction of U.S. debt for 22 months, total sales of $1.1 trillion.

 Seventy-one percent of US debt issued in 2019 will expire in less than 12 months, with the Fed's balance sheet exploding.

You know, in the past 36 working days, the U.S. Treasury and the Federal Reserve have put more than $14 trillion in liquidity and economic stimulus into the market.

 The report shows that the U.S. financial system has $81 trillion in debt. Analysts said the balance sheet would expand to 20 trillion by 2028 at current printing rates.

After spending $3 trillion in the second quarter of this year, the Treasury is also expected to issue another $2 trillion in debt by November 2020, but this may be the beginning of a radical expansion of the balance sheet, and the Fed is more likely to continue to inject a lot of liquidity at the right time.

 Markets generally believe that in this context, the Fed can not find another way to save their own economy, so the dollar is likely to enter a weak cycle in the next two to three years.

China sends new signals in the international gold market.

 According to the World Gold Association, after the "pandemic ", RMB gold more than most of the assets have a more value-preserving function, during this period RMB gold rose 3.4 percent, but other assets declined.

 Gold is more popular. According to the World Gold Association, the world's central bank bought 181 tons of gold in the first half of 2020, and the world's central bank bought 650 tons of gold in 2019, the dollar linked to gold.

 This shows that gold still plays a role in the global monetary and financial system. That's why the dollar was tied to gold more than 40 years ago.

It is worth mentioning that 10 European and emerging market countries, including Germany, Russia, Turkey, Hungary, the Netherlands, Belgium, Switzerland, Venezuela, Austria and France, announced or planned to ship gold

 For more than four months, Poland, Slovakia, Italy and Romania have joined the ranks of four European countries, and in November Poland carried out top-secret operations, airlifting 8000 gold bars from offshore vaults such as the fed and the bank of England.