Posts tagged as:

US debt

State of the Economic Union: How Will Obama Get Massive U.S. Budget Deficits To Budge?

January 27, 2010 · 2 comments

in 2010, GDP, January, Obama, US Treasury, US debt, US economy, budgets, debt, deficits, employment, fiscal year, government, news and updates, recession, special dates, stimulus, stimulus plan

The Obama administration sits between an economic rock and a political hard place.  Others might call it a contradiction.  Obama needs to cut spending, but he’s doing this at the same time that more spending is being introduced (on job creation, more troops in Afghanistan).  Slight cuts in some areas are supposed to offset increased [...]

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Biggest Foreign Buyers of U.S. Debt

January 4, 2010 · 5 comments

in China, Federal Reserve, GDP, US Treasury, US debt, US dollar, central banks, currencies, debt, deficits, hyperinflation, interest rates, international economy, money supply, wealth transfer, world reserve currency

Aside from American financial institutions and the Fed (the buyer of last resort), the largest buyers of US Treasuries and notes are all Asian countries.  You can probably guess which ones.
#1 – China
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China, more than anyone, is probably most concerned with the value of the US dollar and the stability of their US dollar investments.  [...]

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6 Reasons Why The Price Of Gold Is Going Up

November 10, 2009 · 15 comments

in US debt, US dollar, US economy, gold, international economy, investing, wealth protection

It wasn’t surprising at $1000/oz, but even at $1100/oz this week, the naysayers are still in full force.  What’s to deny about the trend in gold prices?  You don’t have to be a gold bug to see what’s happening.
Here are the six main factors causing the price of gold to continue to rise.  In some [...]

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Week-Long Auction of US Treasuries Amount Expected to Increase, Demand To Fall With USD

October 27, 2009 · 0 comments

in Federal Reserve, US Treasury, US debt, US dollar, US economy, world reserve currency

Each month, the US Treasury holds a week-long auction of US notes and bonds to foreign investors and the Fed.  In the past two years alone, there has been a record increase in monthly amounts of debt auctions from $18 billion to $44 billion a month.  But this is still nothing compared to this week’s [...]

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US Dollar Reserve Currency Status Now Officially Up For Debate Ahead of G8 This Week

July 5, 2009 · 5 comments

in US debt, US dollar, currencies, foreign investment, inflation, international economy, investing (general), politics, savings, world order

China was the first to open the floor for discussion on the continued viability of the US dollar as the world’s reserve currency a couple of months ago.  With good reason, since they are now the largest foreign holder of US debt instruments (that’s the paper money the Fed prints out of thin air).  Just [...]

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Revenge of the Gold-Bugs?

January 10, 2009 · 2 comments

in Obama, Peter Schiff, debt, deficits

Well, I think Peter Schiff’s reputation is on a tear.  He’s got two new books coming out.  His latest book got a thumbs-up recommendation from Jim Rogers.  He’s getting 2-3 speaking requests per day from around the world.
I used to read Schiff and the Doom and Gloom crowd quite a bit before the last year [...]

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Drunk on Debt: How the Fed Fronts The Illusion of Wealth

January 9, 2009 · 1 comment

in Peter Schiff, US debt, US dollar

So, is Obama going to be miracle-man?  No; and I don’t think anyone truly thinks that.  But it certainly seems that quite a bit of hope is being placed upon ARP (his stimulus plan).  Peter Schiff doesn’t think ARP is going to work.  It’s more of the same.  It’s asking the rest of the world [...]

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