Everyone knows that the American government is gaming the market for treasury bonds to some extent.
For example, the government has itself bought some U.S. Treasuries.
Some writers, such as Rob Kirby and Ellen Brown, go much further, alleging that Bernanke and the boys have also used hedge funds in the Cayman Islands to secretly buy huge sums of U.S. treasuries using dollars printed by the Federal Reserve, while pretending that independent "Caribbean banks" are doing the buying. See this, this and this. I have no idea whether or not they are right.My Comments: I keep reading about BRIC going away from the dollar and bonds but it hasn't shown up in the charts. Right now bonds are somewhat stable considering the dollar's downtrend and the index's uptrend. The articles posted are rather dated. I'd like to see updated figures of the "Caribbean banks" holdings. Important to note that I'd like to seen these numbers just for fun. Typically by the time somthing like this comes out the market has already made the appropriate move (gold breaking 1000?).
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