iShares Barclays TIPS Bond (TIP)

[zsvq1p]

Saw this over at the Dinar board

"Ok, so the earthquake and tsunami is playing a role, probably to bring this process home sooner. The largest creditor to the US is China at like $2 Trillion cash (but whose counting?), and the second largest is Japan. Japan has a very high debt load. Some say a larger percentage than the US, but I think we are better at hiding it than they are. This is key. When the catastrophe happened, it forced Japan to start to sell their US treasury holdings which dumped the dollar and made the Yen high in demand. It has really shot up, so much that the FED stepped in this week to prevent a further slide of the dollar. On Friday, we saw some stop gap measures take place, but I see that the dollar is trading at 80.8 yen. The last time I was in Tokyo seveal years ago, the dollar was like 114 Yen... It is really weak. So Japan's debt is 192% of its gross domestic product. It will need to continue to sell US treasuries to finance its restructuring and rebuilding. The pressure on the dollar will cause them to move quickly on the dinar. They are coming to a point where they have to get this done."