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View Full Version : Govt OPENLY buys it's own bonds and the world jumps in a buys them too? Radical?




Edu
09-23-2011, 01:06 AM
And they call Ron radical? The Fed (supposedly a part of government) openly buys it's own bonds to make them look like they are worth more, a totally obvious banker trick, and people all over the world "buy US bonds as a safe heaven" ? Or they jumped into dollars, WTF?

"In the global scramble for safe havens, gold has been abandoned in favor of Treasurys."
http://blogs.wsj.com/marketbeat/2011/09/22/treasury-bonds-top-gold-as-safe-haven-champion/

A fool and his money are soon parted!

"Investors who buy Treasurys now are paying a high price for a record-low yield."
http://blogs.smartmoney.com/advice/2011/09/22/dow-drops-but-defensive-moves-are-costly/

Now that's radically STUPID!

Ron Paul was right. End the Fed! Congress could do it NOW.

Kimmie
09-23-2011, 03:12 AM
I second that. end the fed!

Edu
09-24-2011, 04:34 AM
Here's a good idea:
"Petition the White House to END THE FED!"
http://www.ronpaulforums.com/showthread.php?318026-Petition-the-White-House-to-END-THE-FED!