#1: The US Fed is now the second largest owner of US Treasuries.
...this week we overtook Japan, leaving China as the only country with greater ownership of US Debt. And we're printing money to buy it. Setting aside the fact that this is abject lunacy, this policy is trashing our currency which has fallen 13% since June… as in four months ago.
Want an explanation for why stocks, commodities, and Gold are exploding higher? Here it is.
#2: "There are only about $550 billion of Treasuries outstanding with a remaining maturity of greater than 10 years."
#3: The US will Default on its Debt
… either that or experience hyperinflation. There is simply no other option.