Showing posts with label Norway. Show all posts
Showing posts with label Norway. Show all posts

Monday, February 18, 2013

Norway Enters The Currency Wars

Norway possesses one of the most stable, strongest currencies, due to its budget surplus from energy exports.  Which is precisely why they are manipulating their krone to join the growing currency wars in a devaluation race to the bottom.

http://www.zerohedge.com/news/2013-02-17/norway-enters-currency-wars

Saturday, October 29, 2011

Norway’s Sovereign Wealth Fund Sold All U.S. Mortgage Bonds

There goes the Fed's plan to keep mortgage interest rates low.  As the Street floods the market with US Treasury and mortgage-backed paper, it will become increasingly difficult for the Fed to pin interest rates low.  Of course, they can extend the charade longer with more bouts of bond purchases, a.k.a., QE 3.0.

http://www.bloomberg.com/news/2011-10-28/norway-s-sovereign-wealth-fund-sold-all-u-s-mortgage-bonds.html

Friday, May 20, 2011