They're selling, but who's buying?
Saudis, China Dump Treasuries; Foreign Central Banks Liquidate A Record $375 Billion In US Paper
One month ago, when we last looked at the Fed's update of Treasuries held in custody, we noted something troubling: the number had dropped sharply, declining by...
US Treasuries Will Sink Into A Black Hole
By Egon von Greyerz
Investors around the world are blissfully ignorant of what will hit them in coming months and years. Virtually no one understands the risks in the world and less than ½% of investors have protected themselves against the destruction...
Gold: Wall Street’s Lucre
April 13, 2016
Lu•cre: money, especially when regarded as sordid or distasteful or gained in a dishonorable way.
The shock of the Panama Papers rippled with sensational headlines involving over 100 politicians from Iceland, Russia, China, United Kingdom...