Democrats Healthcare Crashed Bond Auction Restricts Gold Ownership Interest Rate Rise

Discussion in 'Stock Market' started by KissMy, Mar 26, 2010.

  1. KissMy
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    KissMy Free Breast Exam

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    Democrats Health Care Debt Crashed Bond Auction. Interest Rates Rise Bringing Down Stocks That Were Rallying. Obama Has The CFTC Restrict Gold Ownership To Prevent Citizens From Exiting The US Dollar.
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    The bond bears were out in force Wednesday and Thursday, as the government auctioned billions more in debt.

    Stocks drifted quietly lower Wednesday, but the selling action in the Treasury market was fairly dramatic. The government's auction of $42 billion in 5-year notes went poorly, pressuring an already sagging Treasury market and driving yields higher. Now, The auction Thursday of $32 billion in 7-year notes are also weak.

    On Thursday, the Commodity Futures Trading Commission (CFTC) held a day-long hearing to discuss the possibility of enacting position limits in the gold, silver and copper markets.
     
  2. KissMy
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    KissMy Free Breast Exam

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    CNBC - Why the Bond Auction Fizzled: Fears of a 'Fiscal Train Wreck'
     
  3. tigerbob
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    tigerbob Increasingly jaded.

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    What a tortuous title for a thread.
     
  4. Paulie
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    Paulie Platinum Member

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    The position limits are not going to see the light of day. Most who testified shot down the idea.

    It won't get any traction.

    But thanks for trying to sensationalize the story anyway :thup:
     
  5. uscitizen
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    uscitizen Senior Member

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    LOL, I doubt if there is enough gold in existence now for all those who think they own some.
     
  6. Paulie
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    Paulie Platinum Member

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    This doesn't make any sense.
     
  7. KissMy
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    KissMy Free Breast Exam

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    It does not matter if those who testified disagree or if the people want it. This administration has proven it will go against the will of the people. Just like FDR confiscated Gold in 1933 & limited Gold ownership so it could revalue the currency, this administration has the will & ability to do a similar thing.

    "CFTC Eyes Position Limits for Gold, Silver"
     

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