tyb's
Morning Market Report
FRBNY repo for today Operation #1-25 day term and Operation #2 14-day term Cap#3
$82.60B submitted and $50B accepted. Oversubscribed by 1.65x.
Treasury's Submitted $58.25B
$35.559B accepted
Mortgage-backed Securities $24.250B submitted
$14.401B accepted
Operation #2-14 day term
$87.10B submitted $45.50B accepted oversubscribed by 1.93x
Treasury's Submitted $70.750
$45B accepted
Mortgage-backed Securities Submitted $16.25
$8.375B accepted
Futures are down a bit moar than last night Cap#3 and should trigger a breaker a few minutes into the open unless some news or the ESF (Exchange Stabilization Fund) fund shows up quickly.
The metals were hit just prior to and on the NYMEX open. Gold down about 1.21% and silver took another algo-induced puke-fest and is down about 3.62%-it has bounced a bit on some support. Yeaaaaa that's what you do with the markets dumping..sell hard assets-nevermind it's all paper trading. This is the start of the "sell it now" moment but it does not habben in just one session as the flows will dictate that is will ebb and flow over many sessions They can't just nuke themselves as this would be the end rather quickly. European shares plummeted to their lowest in almost four years, with the benchmark STOXX 600 index falling 4.9% in early deals. Travel and leisure stocks shed 8.6%, hitting their lowest in more than 6 years. Japan's Nikkei .N225 crumbled 4.4% to a trough last seen almost three years ago while MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS fell 4.7%. CME Fed watch is now pricing a full 1% cut for next week-see cap#5. Treasury's continue the slippery slide down after they were goosed upwards yesterday with "demand" as a 10 year T-note auction helped that tremendously-there is a 10 year TIPS auction today and that is it for this week. The short end of the curve resumes next week with some weekly auctions and next thursday sees the longer end "auctioned". Blackstone is out this morning telling clients to do "whatever it takes" including drawing down it's credit lines-in which they profit MASSIVELY. Boeing will be tapping it's existing open line by tomorrow if not sooner.
Tread lightly anons. This is big boy's fucking with you
https://www.macrotrends.net/2566/crude-oil-prices-today-live-chart
https://www.marketwatch.com/investing/bond/tmubmusd10y
https://www.kitco.com/charts/livegold.html
https://apps.newyorkfed.org/markets/autorates/temp
https://www.bloomberg.com/markets/stocks/futures
plenty have tried, in here
the C-560 crew(s) up and busy
PAT042 and R90104 out of Dobbins north and east respectively
POT009 out of JBA just up and VM767 south from JBA as well
if you want it in size find a bullion dealer-they will package it correctly and insure the delivery. If you are buying in small quantities go to your local coin shop and ask many questions.
chek't trips
it depends on the relationship you have. Known mine for 15 years and I never pay moar than 3% premium-they have to get a slice too and I understand that. mine just offloads it to wholesale when I sell. If they are new there is no better place to start-some are good some are bad. went through about 5 before I found one I liked.