trysail
Catch Me Who Can
- Joined
- Nov 8, 2005
- Posts
- 25,593
The destruction of money as a store of value by debasement of the major currencies through irresponsible fiscal and monetary policy has commenced. Investors are demonstrating an unwillingness to invest in anything other than the shortest possible duration financial instruments and easily transported tangible assets. They are fearful of both inflation and constructive expropriation.
http://www.bloomberg.com/news/2012-...as-jobless-claims-decline-match-forecast.html
...Ten-year TIPS yielded negative 0.764 percent just before today’s auction. The rate slid to a record negative 0.96 percent last month, with investors so concerned about inflation that they are willing to accept yields below zero to buy debt that protects against price gains...
http://www.bloomberg.com/news/2012-...as-jobless-claims-decline-match-forecast.html
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