Gold, Japan, Bonds and the Big Print

The above tweet is not a warning of what might happen: it is preparing people for what is coming when they realize that gold has be hypothecated at 132:1. The US markets are currently down and UST yields are up after Friday’s announcement after the closing of the bell:

30-year Treasury yield jumps above 5% after Moody’s downgrades U.S. credit rating

U.S. Treasury yields spiked on Monday after Moody’s downgraded the U.S.′ credit rating, causing investors to dump bonds. Rates hit key levels that have pressured financial markets recently.

The 30-year Treasury yield hit a high around 5.03%, reaching levels not seen since November 2023. The yield last traded at 4.969%, up 7 basis points. The 10-year yield climbed 6 basis points to reach 4.501%. Meanwhile, the 2-year Treasury yield was up 1 basis point at 3.993%.

~~~~~~~~~~~~~~~~~

Japan also dropped a bombshell:

Japan PM warns financial condition worse than Greece’s

Japanese prime minister Shigeru Ishiba said his country’s financial condition was worse than Greece’s as he rejected calls for tax cuts at a time of rising borrowing costs.

Mr Ishiba said he didn’t think it was a good idea to fund tax cuts with government bonds just days after the economy was reported to have shrunk for the first time in a year, and at a pace faster than expected, in the face of US president Donald Trump’s trade policies.

~~~~~~~~~~~~~~~~~

And then the Fed has begun the “big print”:

There are too many coincidences in a small time frame to ignore. I would say to be vigilant but I have a strong suspicion that most people have not stopped their prepping and are hopefully planting large gardens.

David DeGerolamo

This entry was posted in Editorial. Bookmark the permalink.
5 1 vote
Article Rating
Subscribe
Notify of
guest

5 Comments
Oldest
Newest
Inline Feedbacks
View all comments
Defiant Grunt
Defiant Grunt
4 days ago

Bada Bing Badda Boom….Baton Down the Hatches…buy more seeds…finalize your Prep…get the Gaps filled…spit polish your home made dum dums…clean and oil all your guns…stash some more stash…buy a few more of everything with the fiat debt instruments…and visit the Coin store one more time.

If my garden gets any bigger I will have to hire me a couple of ahhhhh undocumented workers, Sure hope their not MS 13 replacements for us domestic terrorist’s (snark).

DWEEZIL THE WEASEL
DWEEZIL THE WEASEL
4 days ago

Get ready for a “bank holiday.”

TakeAHardLook
TakeAHardLook
3 days ago

Yes, remember Cyprus just a few years ago? THAT event was inexplicable except as a means to gather reactions by a modern society when their money became inaccessible.
A Test Run, for sure. And the result? Banks/government; 1. Everyday people: 0.

Last edited 3 days ago by TakeAHardLook
TakeAHardLook
TakeAHardLook
3 days ago

Further inflating our money in order to shore up the (((worldwide banking system))).

There is no end to the sacrifices that we must provide so that (((others))) may thrive.

Al Buckner
Al Buckner
3 days ago

Do as I have been doing since 9-11, I only have enough in the bank to pay my monthly obligations. I have been rapidly since 2020 eliminating my IRA’s accounts and then stacking Silver/Gold/Bullets. Digit Card is still far away, while the dollar is considered worth more. I don’t think so, but they can make it whatever they want.