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AverageJoe

45,756 Posts.

1040

06/05/20

14:06

Post #: 44464957
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Originally posted by Goldnumber ↑

The Us is buying everything and anything they desire whatever the printed amount.
You mention Junk as being which is mentioned in many of the junk bonds which US is not allowed to buy so a third party entity is now doing.
-and GOLD the biggest and best storaged of wealth they have not enough printing press money for.? again good luck with that...
Some of the seemly endless references that is ignored by yourself and moreso asleeping china etc.
https://www.ft.com/content/19e47570-ba23-4929-988e-9b5f468b20d5
https://www.barrons.com/articles/th...ds-that-should-help-fallen-angels-51586449148
https://www.bloomberg.com/news/arti...resh-steps-for-as-much-as-2-3-trillion-in-aid
https://fortune.com/2020/04/09/fed-buying-junk-bonds-corporate-america-federal-reserve-coronavirus/
https://www.forbes.com/sites/brettowens/2019/12/12/bond-god-time-to-sell-junk-bonds/#58a993ff3174

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Storage of wealth for who? Right now the Feds main objective isn't about preserving wealth of US citizens. I wish they would just buy gold instead but if they did then next is gold confiscation then gold standard.
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gold, page-75429

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