Tuesday, December 18, 2012

How the Wizards Work

This short video helps explain how the Fed can keep interest rates below historic record lows for so long. Of course, the bigger the fraud and more distorted the markets, the more painful the consequences. It looks like the biggest buyer of Treasuries (the Fed) is also selling Puts on the same assets that make up their own balance sheet (which they created money out of nothing to buy in the first place). So did they teach Goldman Sachs how to do this kind of stuff, or vice versa? It is interesting to note that the Germans, who have these kind of shenanegans in their recent history, are buying massive amounts of gold lately.
FRAUD: Federal Reserve Is Selling Put Options On Treasury Bonds To Drive Down Yields - YouTube::


https://chumly.com/n/18dfc06

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