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S W
Membre depuis mai 2012
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USTBond: Return to Sender

- Jim Willie CB - Hat Trick Letter

Love the Jackass writings.
Not a subscriber though (sorry Jim)

I doubt that Fekete has put aside his "vapid Gold Basis Theme"
Surely the narrowing of that basis is what will bring about backwardation and hence barter with gold will be forced.

However maybe Murphy is correct and there will be an overnight Gold price reset ( at which point he says he will sell his gold ??? what the hell for)
$5000, $7000.. I ain't selling...I'll swap some for other real assets at bargain prices....thank you very much

Commenté il y a 4179 jours

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Début de l'article :The USTreasury Bond is the primary vehicle for the USDollar. Nations do not hold the USDollar in raw currency form, except for the crime syndicates. They hold them in USTBond form, in order to gather some interest income. In the last few years, not few months, but years, the interest has been next to nothing, and surely far less than what it should be, given the risk and the nasty undermine to value by the monetary action by the central bank itself. Paltry interest aside, with all its unfortunat... Lire la suite

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