muses of the moment

July 3, 2012

Selling US Debt

Filed under: Global Debt, The Federal Reserve, US Government Debt — totallygroovygirlfriday @ 8:20 am

gg found this explanation of the low prices in the US bond market in the face of no demand. Click here. Good article. Martin Armstrong says that there is a bubble in US bonds. But he doesn’t necessarily say that Ben is creating money to blow that bubble, like the linked post above.

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4 Comments »

  1. There is also a great article on the LIBOR scandal at the link you provided. Excerpts –

    “The Western financial crime syndicate is history’s ultimate example of a parasitic oligopoly.”

    “The terrorists have brazenly announced that they are simply going to openly continue their $350-trillion LIBOR fraud, and (according to them) there is nothing we can do about it. Given the deafening silence of our (anti-terrorist) governments to this announcement, our suspicions must lean toward our governments being accomplices rather than mere hypocrite-victims.”

    “Every scrap of paper in our wallets (and every bond in our investment portfolio) is now inextricably linked to this $350-trillion LIBOR fraud. The message is clear (if it wasn’t already clear after the plundering of MF Global accounts): any-and-all paper we hold is entirely at the mercy of the worst criminals/terrorists the world has ever known.”

    http://www.bullionbullscanada.com/intl-commentary/25570-bankers-fraud-now-too-big-to-fail

    Comment by sw — July 3, 2012 @ 7:17 pm

  2. So … When gold is $10,000 an ounce, why would I want to trade it in for a fiat currency??? The fraud in the paper money system will still be there correct?

    Comment by MikePhila — July 4, 2012 @ 9:12 am

  3. MikePhila,

    Probably will want to trade for another tangible asset that is at the low in their investment cycle. Fiat currency would only be temporary transition investment, if that.

    gg

    Comment by totallygroovygirlfriday — July 4, 2012 @ 11:59 am

  4. Good link, SW.

    This will just drive investment money to the East or underground.

    gg

    Comment by totallygroovygirlfriday — July 4, 2012 @ 12:02 pm


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