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Foreigners Start Selling U. S. Bonds

Written by Gary North on August 20, 2013

The TIC report, issued monthly by the U.S. Treasury, indicates that the central banks of Japan and China recently started selling Treasury debt. I have created a quick link for subscribers. You can check this at any time. Type in this address, and click: http://bit.ly/TICreport.

This month, the dumping of U.S. Treasury bonds by foreigners has accelerated. They have sold over $40 billion worth.

It wasn’t just government bonds, either. We read: “Foreigners dumped $116 million of bonds made up of packaged U.S. mortgages. They sold $5.2 billion of Fannie Mae, Freddie Mac and Ginnie Mae bonds, and $5 billion in corporate bonds. And they unloaded $26.8 billion of U.S. stocks.”

The Federal Reserve buys $85 billion a month to keep long-term rates low. It’s not working. How much counterfeiting would it have to do to reduce long-term rates? A lot more than $1 trillion a year.

Bernanke has presided over the largest increase in FED counterfeiting in history. He will bequeath this looming disaster to his successor.

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4 thoughts on “Foreigners Start Selling U. S. Bonds

  1. Once all the countries that have viable manufacturing and products the world wants to buy (unlike the US that only exports war, drones, GMO seeds and death) have set up their own currency exchange without the US dollar, we’re toast. And when our pathetic excuses for leaders in BOTH parties lecture the rest of the world on human rights, they need to remember China and Russia really DO have nuclear weapons (unlike Iraq and Iran) and will retaliate if the US is stupid enough to attack them first.

  2. Well said, Danno.

  3. Jana Funkhouser says:

    Once all those American dollars stop flowing to other countries, hyperinflation will occur as those billions of printed dollars will come right back to haunt us. The cat is already out of the bag and there will be NO recourse of action.

  4. 1baronrichsnot1 says:

    They call it the spread, the spread being we ship it overseas, or to any country, use their largess, as long as it's not in circulation here, as long as we pay our kickback payoffs to the crooked world leaders. If it was in circulation here, there would be inflation like you wouldn't believe, money supply out of this world. So they just spend propping up civil wars, deposing this leader and that, installing this leader and that, a little money here, a lot more there.Confusion is our best ally now. These folks are really creating it too. It is a work of art, a slight of hand, a man behind the curtain, everybody on vacation, spying charges, racism, gun running and the latest report is that in the last year, 960 million in gold shipped to south africa, somewhere! Did that come from ft. knox?