"What should be obvious at this point is that we are beginning to witness the drying up of liquidity across multiple asset classes which is why everything is being sold in order to raise dollars and Yuan. This is why it is the amount of dollars flowing through markets that matters not the nominal amount of bonds Bernanke buys with his printing press. And this is where the disconnect between what the Fed says and what it is reaping with its policy lies. Bernanke is talking about stock, the reserve of bonds, but the markets run on flow of dollars." seekingalpha/article/1514602-ignore-the-fed-s-doublespeak-and-get-to-gold
Posted on: Thu, 27 Jun 2013 20:06:07 +0000
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