If they don`t buy treasury bonds, who will? The biggest buyer of treasury bonds in the world is the Federal Reserve. After that, you have other central foreign banks like China and Japan but there are no real buyers , in fact the hedge funds have been big buyers out of the Caribbean but why would hedge funds buy U.S. Treasuries when the yields are not even 3 percent? I mean nobody pays 2 & 20 to buy Treasuries. The only reason hedge funds are buying treasuries is because they are levered up, they are gambling.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Jan 22, 2014
Video: The Bullish Case For Gold
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Jan 21, 2014
The Monetary Illusion
This is all phony and it is the result of this monetary illusion that`s been created by the Fed but it will end, just like it ended in 2008 with the financial crisis. That was the by-product of the bad monetary policy of Alan Greenspan. Well, that blew up on Ben Bernanke`s watch. Ben Bernanke`s monetary policy is even more reckless and irresponsible than Greenspan`s and it is all going to blow up on Janet Yellen.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Subscribe to:
Posts (Atom)