Developed Market DEBT Bond Yields Crash To Record Lows ~ Monday June 27, 2016: Brexit Was Only The Symptom… Debt Was The Diagnosis
~ How Did You Learn Our Language?
I Listened ~
Obscure Language becomes clearer and clearer in 13th. Warrior.
In the last year, developed market bond yields have been cut in half with the last 2 days seeing a safe-haven flight that crashed yields to a new record low.
With UK Gilts 10Y under 1% for the first time, Bunds crashing to record lows, Treasuries back below 1.50%, and JGBs smashed -22bps.
With peripheral bond risk spiking and default risk surging, amid ratings downgrades, as Bloomberg’s Mark Cudmore notes, “gilts may prove worthy of their name, offering a superficial coating of reward that masks significant threat.”
- ZIONIST FEDERAL RESERVE PARALYZED & IRRELEVANT: NWO’S DESPERATE PANIC OF BRIBE OR THE BULLET
- CIVIL UPRISING ESCALATES AGAINST ROTHSCHILD’S CITY OF LONDON AS 8TH EU NATION THREATENS REFERENDUM
Evil, Paul Rosenberg of Freeman’s Perspective writes, can be defined as the “willful abuse of other humans.”
Put into this context, evil is very real. And it’s scary, unpredictable and, unfortunately, very human.
But despite all of the fear surrounding evil, evil is not strong. In fact, it rests on a house of cards. It is incredibly weak. And although it’s always been around, the lion’s share of evil has also always been perpetrated by a laughably small minority.
The vast majority of people simply want to be left alone to work as they wish and to raise a family and to grow old with the people they love.
- People Don’t Realize That The Paper Currency In Your Bank Account Isn’t Really Yours
- TO HELL WITH THE ROTHSCHILD FINANCIAL COLLAPSE: NULLIFY THE DEBT LIKE ICELAND AND BRING THEM TO JUSTICE!
- FRANCE: ENTIRE SWISS BRANCH OF ROTHSCHILD’S BANKING EMPIRE UNDER CRIMINAL INVESTIGATION FOLLOWING DAVID DE ROTHSCHILD CONSPIRACY INDICTMENT.
If we could just get consumers to borrow more, so that they spend money they don’t have on things they don’t need, in order to boost GDP and corporate profits, all would be fine.
That’s the current meme among [keynesian] economists.
Since 68.5% of US GDP is related to personal consumption expenditures, boosting consumer spending is seen as crucial. Since wages at the lower 75% are crummy and have not been rising enough to keep up with inflation, the only other way to prod consumers into spending more is to bamboozle them into borrowing more and blowing this moolah instantly.
Cutting interest rates to zero was supposed to have helped that noble process (though consumers see those zero-rates inexplicably only on their savings and not on their debts).
So that process of growing GDP by loading up consumers with debt, which worked for decades, has stalled:
- Shanghai Shock April 19, 2016: Yuan Based Gold Standard.
- Mobs of Angry Investors Fight Market Rigging, Maul Deutsche Bank in Class-Action Lawsuit, other Banks Next
One thing to remember – when these huge financial upheavals occur,
you find out “the day after” they’ve tried to patch things up.
A situation where more gold standing for delivery than is claimed to exist is NOT a “good” thing. This is a VERY dangerous situation of potential default and one where by hook or by crook has been avoided to this point.
- The Comex is now operating on a ratio of 542 paper [counterfeit aka; derivative] ounces for every 1 ounce of registered [physical] gold
Is it this delivery month where delivery fails? I do not know. I do know we live in a world where China is importing every single gold ounce produced on the planet leaving nothing else leftover for the rest of the world.
This situation can only last or continue as long as vaults have gold and the owners are willing to fill the deficit between supply and demand.
I will say this, the global financial system will completely seize up and close for trading once gold delivery fails. This will only take 48 HOURS after a failure, and the ability to procure metal, sell stocks and bonds, or do anything else financial will “not” be an option. ~ Bill Holter