IT’S OVER: Banks Panic Buy At $72 (Liquidation Event) | Yanis Varoufakis
Автор: Rachel Maddow Daily
Загружено: 2025-12-25
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IT’S OVER: Banks Panic Buy At $72 (Liquidation Event) | Yanis Varoufakis
I want to tell you about a moment—a Christmas Eve afternoon on Wall Street that, when examined closely, reveals a truth the system has tried to hide for years. Christmas Eve is always the quietest day in the U.S. financial markets. The trading desks are empty, volume is so thin you can hear the air conditioning humming steadily, and everyone just wants to shut down quickly and head home.
If there’s one day the market is supposed to be silent, it’s this one. And that’s why what happened this year made me stop in my tracks. Because on a day that was supposed to be absolutely peaceful, silver didn’t just twitch. It exploded. It surged past $72.42, a price level that the risk model designers at major banks always hoped would only exist in their “doomsday” simulations.
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