Showing posts with label dollars. Show all posts
Showing posts with label dollars. Show all posts

Sunday, May 19, 2013

Mark Faber quote on dollars and gold

"You keep your dollars and I’ll keep my gold. Let’s see which goes to zero first." - Marc Faber

Tuesday, March 16, 2010

Sovereign funds no longer buying US Treasuries

http://www.bloomberg.com/apps/news?pid=email_en&sid=avsB.BdWGdIE
“Foreign central banks stopped buying Treasuries in January,” said Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi UFJ Ltd. in New York. “If this were to continue, if China were to stop recycling its dollars into U.S. Treasuries, it could have dire implications for Main Street America in that mortgage rates could move higher.”

Tuesday, January 27, 2009

Another chart which needs no explanation...



This chart from the St. Louis Federal Reserve Bank website (I'm not making this up) illustrates money supply expansion by the Fed in lending cash to banks in exchange for their toxic assets. Notice the spike on the right side of the graph, which represents the creation of dollars out of thin air.