Treasury’s Last Pillar Crumbles
With the return of Shinzo Abe and his Liberal Democratic Party to power in Japan, the market for US Treasuries may be losing its last external pillar of support. Re-elected on September 26th, Abe has quickly set a course for limitless inflation, saying Japan must “free itself from deflation and the strong yen.” This is significant to the global economy as Japan is the largest foreign power left with a strong appetite for US Treasuries. If this demand falters, the Fed may be the only remaining buyer of new Treasury issuance.
Peter Schiff: is CEO of: Euro Pacific Precious Metals, a gold and silver dealer selling reputable, well-known bullion coins and bars at competitive prices.:
Click here: for a free subscription to: Peter Schiff’s Gold Letter, a monthly newsletter featuring the latest gold and silver market analysis from Peter Schiff, Casey Research, and other leading experts.:
And now, investors can stay up-to-the-minute on precious metals news and Peter’s latest thoughts by visiting: Peter Schiff’s Official Gold Blog.
Putting together a list of the most Googled conservatives is more difficult than you’d think. You have to come up with an initial list of conservatives. The original list was...Read More
1) “Life is pain, Highness. Anyone who says differently is selling something.” — The Princess Bride Life is struggling and
Many Americans already know Obama tossed: 25 billion dollars: in taxpayer money down a rathole to bail out GM and Chevrolet. That