|
Treasury International Capital [TIC] data was released Wednesday
morning [Nov. 16, 2011] by the U.S. Treasury.
 
Appended from: U.S. Treasury TIC data
Appended below is a summation of the U.S. Treasury’s take on what happened in Sept., 2011 reporting:
Highlights
Volatility in international financial markets made for a second straight month
of increasing inflow into long-term US securities, at $68.6 billion in
September following August's revised $58.0 billion. These follow inflows of
only $9.1 billion and $4.1 billion in the two prior months.
….increasing demand for US securities is narrowly
based into Treasuries in contrast to outflows for corporate bonds and
especially US equities which is no surprise given the general move into
safety and away from risk. Net outflows from equities were a very steep $19.2
billion in September following August's $6.5 billion outflow.
When including short-term securities the story is the same with net inflows
at $57.4 billion in September vs an $89.3 billion
inflow in August that follows significant outflows in the relatively quiet
months of July and June. Country data on US Treasury holdings shows increases
for the three major holders -- China, Japan, UK.
Here’s what’s really going on:
Reality Check
1 China and Hong Kong are demonstrably no longer
willing to add U.S. debt – in fact, taken together – they have
decreased their aggregate U.S. holdings by 40 billion over the past 9 months.
It is more than apparent they are “full on the name” U.S.A.
2 Japan [who no longer wants to add to their U.S. debt
heap] is being forced – due to mercantilist self-interest – to
purchase U.S. debt to keep the Yen from appreciating too much versus the
Dollar, completely choking-off their export led economy. The reality is that
Japan MUST repatriate [sell] MANY U.S. Dollars – to raise
Yen balances – to rebuild their tsunami ravaged economy. Speculators
understood this too and tried to “front run” officialdom [like
Goldman Sachs and J.P. Morgan do so often with impunity] and officialdom
“turned the tables” on the speculators.
3 Bankrupt Britain is
carrying much of the Fed’s water – strapping on approximately 100
billion worth of toxic U.S. Treasuries [that no one else in the world besides
the Fed would purchase] in the past 6 months. This is done so the Fed/U.S.
Treasury can say “foreigners” are actually buying U.S. debt. The
truth of the matter is – although never publicly stated - that the Fed
is “owned” or controlled by the same narcissist, sycophant
miscreants who “own” the Bank of England.
Ladies and gentlemen, the
financial challenges facing America are MASSIVE and no more
“solvable” than the issues currently facing Greece, Italy and
Europe at large.
This is reality.
What is criminal is how
the derelict mainstream financial press “spins” – aides and
abets - and otherwise obfuscates this reality.
The precarious state of America’s
finances are not reflected or reported accurately. Officialdom has shown a
great and well documented proclivity to lie, obfuscate and rig all facets of
our capital markets and data reporting to perpetuate the ruse.
The mainstream press
– the fourth estate - has vacated its fiduciary duty and traditional
role in a free society. Historically, the mainstream press actually
investigated, verified and reported the news – making deceptions like
the one outlined above impossible.
This duty has now been largely,
if not exclusively, left to the alternative press – on the Internet.
- This is why cottage
industries like John Williams’ Shadowstats.com
have sprung up like daisies in a meadow [showing that inflation measured
today – if done by the same metric as 1980 – would be accurately
reported over 12%]
- This is also why
organizations like the Gold Anti-Trust Action Committee [GATA] and books penned by a list of
international authors/researchers like Dimitri
Speck have come to be – all documenting the suppression of the
price of gold, the historic and natural alternative [enemy] to the failing,
fiat U.S. Dollar.
In case you haven’t
noticed, this is also why the dinosaur media is losing their viewership,
readerships and their advertising dollars.
This is why the politicos
and powers-that-be are so consumed with “clamping down” on the
internet in particular and more generally – first amendment rights in
the U.S. They know what they’ve done and they realize that Jane and Joe
Sixpack are becoming aware of what they’ve
done.
People are Waking Up
It is this awakening
– of the criminal acts committed in the name of perpetuating U.S.
Dollar hegemony – this UTTER CONTEMPT - that has “seeded”
the grass roots movements like the TEA [taxed-enough-already] Party and OWS
[occupy-Wall-Street]. This awakening has only begun and it embodies a
bullet-proof idea whose time has come.
|
