The Fed has been disgraced with reserves around zero. There is only the US Treasury now. What happens when they hold a debt auction and nobody shows up to buy?
Friday, September 26, 2008
Goldman Sacks' Net Short Gold Position on Tocom
Goldman Sacks' net short gold position on Japan's Tocom futures exchange is now down to a tiny 627. Ready for lift off and a whole lot more?
The Fed has been disgraced with reserves around zero. There is only the US Treasury now. What happens when they hold a debt auction and nobody shows up to buy?
The Fed has been disgraced with reserves around zero. There is only the US Treasury now. What happens when they hold a debt auction and nobody shows up to buy?
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