Posts Tagged ‘dollar collapse’
Posted by seumasach on November 30, 2013
Posted by seumasach on November 24, 2013
21st November, 2013
The People’s Bank of China said the country does not benefit any more from increases in its foreign-currency holdings, adding to signs policy makers will rein in dollar purchases that limit the yuan’s appreciation.
Posted by seumasach on November 5, 2013
Posted by seumasach on October 28, 2013
“The House of Saud also knows very well it is the solid anchor that keeps OPEC tied to the petrodollar system. Without Saudi Arabia the petrodollar is history.”
23rd October, 2013
Upset at president Barack Obama’s policies on Iran and Syria, members of Saudi Arabia’s ruling family are threatening a rift with the US that could take the alliance between Washington and the kingdom to its lowest point in years.
Posted by seumasach on September 29, 2013
25th September, 2013
The USTreasury Bond market breakdown is in progress, all part of the general USDollar global rejection that is taking the world by storm. Of course, residents inside the US Dome do not notice, since they only perceive it as the native currency. From conversations with common folk, discussions with investor types, and general observations for over 20 years, the Jackass belief is that only 5% to 10% of Americans are aware that the USDollar serves as a global financial instrument in contracts, the basis for trade settlement (mostly crude oil), with some extremely important consequences. A major development has begun, much like a metabolic life support system in concert with the Interest Rate Swap derivative contract. For two years or more, the USTreasury Bond market has been deeply dependent upon artificial demand derived from the derivatives. Entire bond rallies have been fabricated with 50:1 leverage, fully supported by the financial network propaganda. Without derivative flying buttress support, the giant USTBond Tower would have collapsed a couple of years ago. Now a new support system has been begun, a dangerous musical chairs long entrenched in the stock market. It has entered the bond market finally. Flash Trading!!
Posted by seumasach on September 21, 2013
21st Septemebr, 2013
I’ve already been called mad for my assertion over the last nine months or so that Obama is actually engaged in some kind of peace process involving a historic compromise with Russia in working a resolution of the Syria crisis as well as a broader Middle East settlement. I seem to be the only one who doesn’t know that Obama is a bad guy and that bad guys do bad things, like rocketing Syria at the first available opportunity. My detractors assessment of my mental health is about to become a lot worse since I now propose to suggest that Obama is readying to pit himself against Wall Street- yes, that’s right. Obama, the Manchurian Candidate with a chip in his brain. is about to take on the financial oligarchy of whom he is nothing other than a puppet! What could be the basis for such an exorbitant thesis?
Posted by seumasach on August 22, 2013
We Are Now On The Verge Of A Historic Meltdown & Collapse
20th August, 2013
Posted by seumasach on August 21, 2013
“If the Fed truly starts to ‘taper’ and fund investors continue to decide that they do not want to buy bonds at ridiculously low yields any longer, who will be left to buy all the debt that the U.S. government and corporate America need to sell at low rates,” he said.
Bond exodus accelerates as yields creep nearer 3%
Outflows from U.S. bond mutual funds and exchange traded funds has accelerated in August, according to a new report by TrimTabs, as fears grow of the threat that rising yields pose for the U.S. economy.
Posted by seumasach on August 20, 2013
Posted by seumasach on August 19, 2013
[Firstly, they tried to knock out the Euro. Then they tried to knock out gold. In both cases they have failed and there is nothing left to support the dollar.]
Gold Bears Retreat as Prices Reach Two-Month High
19th August, 2013
Speculators cut bullish and bearish bets on gold simultaneously for the first time in two months as prices advanced to the highest since mid-June on signs of strengthening physical demand.
Posted by seumasach on August 7, 2013
And so will these debts be financed via the bailout of the banks?
6th August, 2013
Buoyed by an improving housing market, President Barack Obama on Tuesday proposed a broad overhaul of the nation’s mortgage finance system, including winding down government-backed Fannie Mae and Freddie Mac. He declared that taxpayers should never again be left “holding the bag” for the mortgage giants’ bad bets.