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yurbud

(39,405 posts)
Thu May 15, 2014, 04:41 PM May 2014

What country just sold $100 bil in US Treasuries & why is Fed covering it up?

This is a little bit beyond my knowledge of finance, but selling off large quantities of our debt is a way other countries can weaken our economy and government, and make it harder for us to afford to continue to act like the world's owner.

China hasn't said much about our efforts to pry Ukraine from Russia, but it's hard to see what China would gain from an even more unchallenged US, and why they would want to throw some cold water on us.

Not that they are the ones who did this.

Some country or countries, unknown at this time, for reasons we do not know dumped $104 billion in Treasuries in one week.

Another curious aspect of the sale and purchase laundered through Belgium is that the sale was not executed and cleared via the Fed’s own National Book-Entry System (NBES), which was designed to facilitate the sale and ownership transfer of securities for Fed custodial customers. Instead, The foreign owner(s) of the Treasuries removed them from the Federal Reserve’s custodial holdings and sold them through the Euroclear securities clearing system, which is based in Brussels, Belgium.

We do not know why or who. We know that there was a withdrawal, a sale, a drop in the Federal Reserve’s “Securities held in Custody for Foreign Official and International Accounts,” an inexplicable rise in Belgium’s holdings, and then the bonds reappear in the Federal Reserve’s custodial accounts.

What are the reasons for this deception by the Federal Reserve?

http://www.counterpunch.org/2014/05/13/the-federal-reserve-and-an-unsustainable-empire/
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What country just sold $100 bil in US Treasuries & why is Fed covering it up? (Original Post) yurbud May 2014 OP
Nobody. FBaggins May 2014 #1
i wonder if this has anything to do with banksters jumping to their deaths leftyohiolib May 2014 #2
unfortunately, I think the ones who jumped were far enough up the food chain to know yurbud May 2014 #5
Sorry, that is on a "Need to KNow" basis, bvar22 May 2014 #3
Bloomberg Business & Financial Sites... "Buy Low ...Sell High" but if you aren't KoKo May 2014 #4
, blkmusclmachine May 2014 #6

yurbud

(39,405 posts)
5. unfortunately, I think the ones who jumped were far enough up the food chain to know
Thu May 15, 2014, 09:08 PM
May 2014

what was going on, but not far enough up to get a piece of the action.

bvar22

(39,909 posts)
3. Sorry, that is on a "Need to KNow" basis,
Thu May 15, 2014, 07:05 PM
May 2014

and if you ain't in the .1%,
you don't need to know.

"Its a Big Club,
and you ain't in it."

--George Carlin



KoKo

(84,711 posts)
4. Bloomberg Business & Financial Sites... "Buy Low ...Sell High" but if you aren't
Thu May 15, 2014, 07:11 PM
May 2014

"Big Money Player in OUR Loop" FUGEDABOUTIT!

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