Articles NewsFlow Gold & Silver Prices Market Briefing

Recevez notre Marketbriefing

In the same category

overtheedge
Member since May 2012
680 commentaries - 6 followers

6 followers

has posted a comment on the article :

Japan's Negative Interest Rates Are Even Crazier Than They Sound - John Rubino - Dollar Collapse

"Pension funds, meanwhile, operate the same way, taking in and investing contributions against future obligations. Many US pension plans are already borderline broke and in a NIRP environment they'll suffer a mass extinction."

Thus sets the stage for all private pension programs to be moved into the US government's MyRA Program for our own good.
And just where do you suppose the Social Security program will be move to?

Commented 2976 days ago

Send

Beginning of the headline :Yesterday Japan's government borrowed money on terms that require the lenders to pay rather than receive interest for ten years. And not only was that bond issue snapped up, it was vastly oversubscribed. This raises a lot of questions, the chief being "why would anyone voluntarily commit to something that's guaranteed to lose money for a decade?" The short, obvious answer is that the world's central banks are creating so much excess cash that there seems to be nowhere else for it to go... Read More

Reply to this comment

You must be logged in to comment an article

8000 characters max.

	RSS feed		24hGold Mobile
	Gold Data Center		Gold & Silver Converter
	Gold coins on eBay		Silver coins on eBay
	Technical Analysis		Fundamental Analysis