“Former Assistant U.S. Treasury Secretary, Paul Craig Roberts, speculates that the U.S. Government has recruited its satellite countries, like Belgium, to compensate for the ‘tapering’ being done with purchases of U.S. Treasuries by the Federal Reserve.” – Dr. Paul Craig Roberts
by Deepcaster, Gold Seek:
Indeed, “Tiny” Belgium is now the holder of the third largest Hoard of U.S. Treasuries. Fancy that!
It appears the Fed’s “Tapering” is being at least offset by Belgian Buying.
This and other shenanigans like Bogus Official “statistics” (see Note 1 re Shadowstats.com) make the 2013 Equities Bull Run and the recent Equities Market Sell-Off unsurprising to us.
Indeed, much of our writing is devoted to separating Truth from Spin in order to facilitate more Profitable and Wealth Protective Investing. Thus we offer the following mini-buffet.
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