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.
Tragedy struck the family of a two year old in eastern China’s Jiangsu Province when their toddler was mauled and then eaten by a pig. It is suspected that the...Read More
One of the big advantages that President Obama has, as he plays “chicken” with the Congressional Republicans along the “fiscal
There’s a lot of truth to the old saying, “It’s not what you know, it’s who you know.” Meeting the
France is abuzz with the rumor that former center-right French President Nicolas Sarkozy is set to re-enter public life. Could