January 17, 2011
in 2011, China, FOMC, Federal Reserve, US Treasury, US debt, US economy, credit, debt, foreign investment, government, indicators, inflation, market reports, money supply, news and updates, sovereign debt, world order, world reserve currency
This spring of 2011, United States Congress will vote on whether or not to raise the debt ceiling. What is the US debt ceiling? The debt ceiling refers to the total cap on U.S. borrowing through Treasury issuances of debt, in the form of bonds, to domestic and foreign holders.
If you think the U.S. is [...]
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May 12, 2010
in GoldMoney, Greece, central banks, europe, gold, hyperinflation, international economy, international stock market, market reports, market trends, news and updates, precious metals, sovereign debt, stimulus, world order
In a surprise reaction to the weekend approval of the one trillion euro bailout of Greece (750 billion euros from the ECB and 250 billion euros from the IMF, i.e., U.S. money, i.e., China’s savings), markets remained suspicious of long-term improvement in both Greece and the Euro.
As a result, this week has seen a steady [...]
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April 13, 2010 · 10 comments
in US Treasury, US debt, budgets, central banks, debt, deficits, economy, international economy, money supply, news and updates, world order, world reserve currency
Thus spake the Congressional Budget Office on the long-term future of American fiscal integrity (or rather, the coming lack of it). As Niall Ferguson reported in his piece for the Financial Times back in February,
“The long-run projections of the Congressional Budget Office suggest that the US will never again run a balanced budget. That’s right, [...]
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March 23, 2010
in Federal Reserve, US Treasury, US debt, US economy, USD, bonds, credit, currencies, debt, deficits, economy, inflation, interest rates, market trends, money supply, news and updates, risk, technical analysis, world reserve currency, yield
This is the news in US debt catching our eye early this week following the passing of the health care reform bill late Sunday night: charts of yields on US Treasuries are showing a spike in short-term, two-year treasury yields – a spike that lifts them above the yields on corporate bonds for the same [...]
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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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January 4, 2010 · 5 comments
in China, Federal Reserve, GDP, US Treasury, US debt, USD, 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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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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