World Gold Demand is Off to the Races, as Yellen Chickens Out…” It seems quite possible, in fact, that the world has seen “Peak Treasuries”, and that spells a world of hurt coming for US citizens”
TheWealthWatchman.com
September 21, 2015
Vote of No Confidence
As Greece concludes its meaningless elections, and sends the same powerless “yes-men” back to Athens to rubber stamp whatever schemes of dispossession that Dijsselbloem has crafted for the Greek people, the rest of the world continues to cast the only vote that matters! For since June, the already high levels of gold and silver purchases have not only continued, but have soared, both in Western retail demand, and in the far East.
Many of those Eastern powers have also escalated the pace at which they’ve bid their US treasury holdings adieu! It’s one thing however, just to say that the world is now leaving treasuries behind, it’s quite another to show it, as this chart so powerfully does…
The Rest…HERE