An ex Fed Governer was just asked on CNBC if the Fed balance sheet and its leverage(50:1) posed a problem and he said: Absolutely Not!
He said the Fed had an unlimited balance sheet and it did not matter. I almost fell out of my chair when he said it and it confirms that the Fed will behave as financially irresponsible as the banks they are bailing out. This , no doubt, is wildly bullish for Gold in the longer term which will benefit all of us TYHEE shareholders.
Time to add to positions.
SilverNut