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REPORT ABUSIVE REPLY
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Message Subject
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Gold Scramble Driving Interest Rate Spike as Treasury-values Fall Steeply, Reflecting Asia Abandonment of US Dollar
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Poster Handle
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Nikola Tesla |
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Post Content
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Looks like the continuing Asian abandonment of the US dollar marches onward....
Chart shows big spike down in value of US Treasuries (10 yr shown); bond values move inversely to i-rates....i.e. if i-rates are declining, bond values are going up, and...Ergo....
If bond values (shown here) are going down, i-rates are spiking upward to protect the value of the dollar. [ link to futures.tradingcharts.com]  Quoting: OCCAM'S RAZOR One more thing OP. I just gave you 5 stars and a pin request. People here on GLP and elsewhere are for the most part ignoring this subject. It is truly one of the things to be most concerned about. The entire American economy is operated on revolving debt. When the debt cannot be rolled over or refinanced, game over.
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