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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Paxb2u who wrote (49307)1/8/2013 9:58:13 PM
From: Real Man  Read Replies (1) | Respond to of 71456
 
The treasury part only started in January 2013.
It looks like they have just put the MBS off balance
sheet into a separate category. We have yet to see
what they do with the treasuries, but, most likely,
they can't get these purchases off balance sheet,
pretending this is "temporary printed money" to be
unprinted (sterilized) in future.

But, yeah, what you mentioned is called direct
monetization of government debt. Mugabe learned
that this kind of money printing is very inflationary.
Under such circumstances the central bank, or Fed,
prints money and pays for government operations directly,
no need to issue debt.



To: Paxb2u who wrote (49307)1/10/2013 1:31:19 PM
From: ggersh  Respond to of 71456
 
this stuff keeps happening....-g-


Chart Of The Day: Chinese November Gold Imports Soar To 91 Tons; 2012 Total 720 TonsSubmitted by Tyler Durden on 01/10/2013 - 11:47 Regular readers are familiar with our monthly series showing the inexorable surge in Chinese gold imports. It is time for the November update, and it's a doozy: at 90.8 tons, this was the second highest gross import number of 2012, double the 47 tons imported in October (which many saw, incorrectly, as an indication of China's waning interest in the yellow metal), and brings the Year to Date total to a massive 720 tons of gold through November. If last year is any indication, the December total will be roughly the same amount, and will bring the total 2012 import amount to over 800 tons, double the 392.6 tons imported in 2011.