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Title: This Is What A $12 Trillion Dollar Margin Call Looks Like
Source: [None]
URL Source: https://www.zerohedge.com/markets/w ... llion-dollar-margin-call-looks
Published: Mar 18, 2020
Author: Tyler Durden
Post Date: 2020-03-18 17:48:13 by Horse
Keywords: None
Views: 87

'Mystery Chart' time...

No, it's not Volkswagen, or even Tesla.

This is the world's reserve currency soaring to an all-time record

Poster Comment:

More charts at source. Dollar up means people borrowed dollars to invest in another currency and now they need to buy dollars to pay off their loans.

Kitco Silver Ask $12.04. Gold $1,487. First Majestic $5.40 an ounce. January was $12.00.

Minsky Moment. When they sell good stuff to pay for the bad.

Translation: Someone had a kilogram bar of gold and decided that Netflix was going up because subscribers wanted to see that 4 part documentary on Hillary Clinton and discovered that stocks cannot defy gravity forever. So he sold his kilo of gold and his wife made him sleep in the garage but let the dog inside because it is too cold outside.(1 image)

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