Welcome To The Golden Minerals HUB On AGORACOM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
Message: US banks are broke!
Below is a graph showing the value of non-borrowed reserves for member institutions of the U.S. Federal Reserve over the past 60 years. The current value of these non-borrowed reserves is approximately -$17 billion (yes that is negative!).
Non-Borrowed Reserves = Deposits - Funds borrowed from US FED at discount rate window
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