PRECIOUS-Gold falls, Fed asset purchases in focus

Comments (2)
Duffminster wrote:

Ok, so just who will buy all that debt???? How about “no one.” The Fed is taking almost all the US debt right now and foreign entities and funds, such as China have been selling. This is such a snow job. Interest rates rise even 2% and the entire fianncial derivatives markets takes down the global banking sector and makes the US debt service completely untenable. In my opinion the recent release of Fed minutes was simply a ploy to restrain inflation and perceptions thereof, just as the on-going CB mandated naked paper short is in the PM markets.

Jan 07, 2013 6:10pm EST  --  Report as abuse
goldenhawk wrote:

This shows how desperate the Fed really is. Because the Fed is buying all of the US debt, money is being printed around the clock. Anyone who believes the QEs will end after 2013 is living in the Fantasy Land the Fed wants to create. The Day Of Reckoning will still come in spite of deceptive comments, or reports with phony numbers, or naked paper shorts in the PM markets.

Jan 07, 2013 7:11pm EST  --  Report as abuse
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