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Re: gldtimer post# 2072

Wednesday, 12/09/2015 2:14:16 PM

Wednesday, December 09, 2015 2:14:16 PM

Post# of 4668
Today's bond auction is
further evidence there is no growth on planet earth and the prospects for future growth is even lower. when central banks are playing leapfrog over each-other for 2.00-2.50%, u know theres a problem. don't have to look further than their involvement in these treasury auctions to answer the question "what do they know that we don't?"

The answer is simple:

The bonds support the fiat ponzi as the basis for collateral. The dollars trade on market while the debt collects dust. The increasing debt/currency weakens the real payout. This is why the richest men in the world are buying arable land and picassos - they know when the levee breaks there will be no place to hide exept finite goods.

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