Gold Telegraph @GoldTelegraph THE SWEET IRONY. In 2020, the Federal Reserve engaged BlackRock to manage the acquisition of corporate bonds and commercial mortgage-backed securities. Under the Fed’s program, BlackRock: “Could buy some of its own funds on behalf of the central bank.” Today, We are observing significant turmoil in the debt markets, which is being propelled by problems in the commercial real estate sector. Now, the leader of BlackRock is saying gold investors hurt capital market development. The truth is… We don’t have enough Western gold investors within an industry starving for capital. This is why the Eastern world is…
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