Treasury’s Last Pillar Crumbles
With the return of Shinzo Abe and his Liberal Democratic Party to power in Japan, the market for US Treasuries may be losing its last external pillar of support. Re-elected on September 26th, Abe has quickly set a course for limitless inflation, saying Japan must “free itself from deflation and the strong yen.” This is significant to the global economy as Japan is the largest foreign power left with a strong appetite for US Treasuries. If this demand falters, the Fed may be the only remaining buyer of new Treasury issuance.
Peter Schiff: is CEO of: Euro Pacific Precious Metals, a gold and silver dealer selling reputable, well-known bullion coins and bars at competitive prices.:
Click here: for a free subscription to: Peter Schiff’s Gold Letter, a monthly newsletter featuring the latest gold and silver market analysis from Peter Schiff, Casey Research, and other leading experts.:
And now, investors can stay up-to-the-minute on precious metals news and Peter’s latest thoughts by visiting: Peter Schiff’s Official Gold Blog.
Making a man believe that his child doesn’t exist for decades is an unusually cruel thing to do. But for Tony Trapani, a secret letter he found after his wife...Read More
If only every 16-year-old had the courage and grit of Malala Yousafzai, the Pakistani girl who was shot in the
The Government Sure Does Spend Your Tax Dollars On Welfare Wisely. Just Kidding, They Waste It Just As Badly As You Think
The government takes your tax dollars, wastes a ridiculous portion of them, and: then doles them out inefficiently. New data compiled