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The Evil Genius
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Joined: 3 years ago
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I cannot reveal the source of the following information but I suggest you guys read it.

"News from yesterday's Fed action pumping in $`1.5 trillion.
The 30-year bond market collapsed - there were no takers and the Treasury had to buy them all back.
 
This usually means no one has confidence in Treasuries any more or no one had liquidity to bid for the 30 year.
There were only two times in US history this happened - neither of them post-WWII.
 
There is a consensus something very bad is happening behind the scenes if a $1.5 trillion overnight repo could not get buyers into the bond and stock markets. I think we have not seen the worst of this - in fact the snowball is just picking up speed. Dollar liquidity is tight (just like in the Weimar Republic scenario of 1914)  but a couple of years later everything went to pot.
 
The yield curve means nothing now because QE and overnight repo just put money into banks to buy the bonds anyway. So even after that if there are no buyers something is seriously seriously wrong.  If the bond market stops working for awhile- then the banks will freeze, For sure. THEN we'll see a real Panic. Your prepping is all about what is to go down in a week or two.,

 
Things will move fast next week so be prepared for it. Especially food and gas will start flying off the shelves, It will not be pretty this time around - if ever."

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Warrior Angel
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Joined: 2 years ago
Posts: 650
 
Posted by: @pistolpete

I cannot reveal the source of the following information but I suggest you guys read it.

"News from yesterday's Fed action pumping in $`1.5 trillion.
The 30-year bond market collapsed - there were no takers and the Treasury had to buy them all back.
 
This usually means no one has confidence in Treasuries any more or no one had liquidity to bid for the 30 year.
There were only two times in US history this happened - neither of them post-WWII.
 
There is a consensus something very bad is happening behind the scenes if a $1.5 trillion overnight repo could not get buyers into the bond and stock markets. I think we have not seen the worst of this - in fact the snowball is just picking up speed. Dollar liquidity is tight (just like in the Weimar Republic scenario of 1914)  but a couple of years later everything went to pot.
 
The yield curve means nothing now because QE and overnight repo just put money into banks to buy the bonds anyway. So even after that if there are no buyers something is seriously seriously wrong.  If the bond market stops working for awhile- then the banks will freeze, For sure. THEN we'll see a real Panic. Your prepping is all about what is to go down in a week or two.,

 

 
Things will move fast next week so be prepared for it. Especially food and gas will start flying off the shelves, It will not be pretty this time around - if ever."

How did the US Treasury buy all the bonds back?  Also, How do you feel the financial collapse will affect the price of gold?


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The Evil Genius
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Joined: 3 years ago
Posts: 2225
Topic starter  

I think gold is topped out.  $1700 an oz is WAY out of the budget of everyone but the top 1% Of course if hyper inflation hits I could be wrong. Not sure how they bought back the bonds. IT was not explained to me.  


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Don Keyknob
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Joined: 3 years ago
Posts: 2034
 

What happens if the banks freeze? 

Will the money in your account just be not accessible or is there a chance of losing it somehow?

 


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Warrior Angel
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Joined: 2 years ago
Posts: 650
 
Posted by: @don-keyknob

What happens if the banks freeze? 

Will the money in your account just be not accessible or is there a chance of losing it somehow?

 

Ordinary deposits are insured by the FDIC. There are $$ insurance limits for large amounts. If a bank becomes insolvent, the Feds seize it and pay off the depositors per FDIC guidelines.


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Warrior Angel
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Joined: 2 years ago
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Posted by: @pistolpete

 Not sure how they bought back the bonds. IT was not explained to me.  

 

 

 

 

 

 


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