In this episode, Nik breaks down what’s happening inside the repo market and why gold’s explosive move toward $4,300 is sending shockwaves through global markets. He explains how rising repo spreads signal emerging reserve scarcity, why the Fed’s standing repo facility is being used again, and what it all means for liquidity, volatility, and Bitcoin’s next move. Nik also shares why the gold price action is unlike anything seen in decades, and whether it points to a deeper crisis that could force the Fed to restart QE.

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Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc
Researcher Demian Schatt's Twitter: https://x.com/demianschatt
Lead Statistician Augustine Carrasco Twitter: https://x.com/AugustineCarrB

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