Australian (ASX) Stock Market Forum

CNBC: Fed bought 80% of Treasury Debt last year

Re: CNBC: Fed bought 80% of Treasury Debt last year....

Many of us up with this tendency for a long time now. Should go to "immenent and servere market correction" thread IMHO

Of course this is one of the main reasons why some believe the US dollar will be diluted to the extent that gold will go through the roof. And do not worry other nations are doing the same thing by trying to print their way back on track, particularly the UK
 
Re: CNBC: Fed bought 80% of Treasury Debt last year....

Of course this is one of the main reasons why some believe the US dollar will be diluted to the extent that gold will go through the roof. And do not worry other nations are doing the same thing by trying to print their way back on track, particularly the UK

As other nations are printing also gold really go 'through the roof'? I am VERY sceptical of this view. In my opinon the day will soon come where people will wake up and say "$1000+ per oz of shiny useless metal? No thanks. Since its a fiat currency world which we live in, gold is worth what is is useful for i.e jewellery".

At time of writing I notice that Venuezala are devaluing openly.
 
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