Friday, July 15, 2011

Treasury To Stop Funding Its Market Manipulation Fund To Delay US Bankruptcy

The ability of the Treasury to manipulate equities, bonds, foreign currency, and commodities markets will be greatly diminished due to US Treasury suspending reinvestment in the Exchange Stabilization Fund.  Volatility will spike, in my opinion. 

http://www.zerohedge.com/article/treasury-stop-funding-its-market-manipulation-fund-delay-us-bankruptcy

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