• Long Periods of Drought … Followed by High Winds
    mikla
    03/12/2010 - 16:53
    Unlike economics, Wildland Fire Science is actually a science. Unlike economists, normal people actually know what the future holds. Debt matters, deleveraging is a bitch, and economist religious rituals ensure our destruction will be more severe and complete than any conceivable alternative. Beware the inevitable conflagration resulting from high levels of debt, followed by extended low interest rates.

$81 Billion Bonds On Deck Next Week, $142 Billion In Total

Tyler Durden's picture
Submitted by Tyler Durden on 11/06/2009 13:40 -0500



The push to extend maturities begins: next week we are seeing 3, 10 and 30 year coupons. No 5 and 7's, which should make the bond bulls nervous.

Additionally, $30 billion in 13-week and $31 billion in 26-week Bills next week. Also next week 4 more Bill auctions will be announced: 4, 13, 26 and 52 weeks.

 

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by Rainman
on Fri, 11/06/2009 - 13:43
#122556

And the bubbling foreign interest in Gold needs to be suppressed.

Ben will be busy as a one armed paperhanger in a raging typhoon.

by jm
on Fri, 11/06/2009 - 13:53
#122571

At least we have an exit window for 30s...

by RozzertheDropsky
on Fri, 11/06/2009 - 14:02
#122595

Tyler, can you confirm that by your spreadsheet/maturity calculations, the Fed/Treas will have to roll over about $3 trillion in calendar year 2010? Question: is that $3 tril figure a net figure, or it in addition to new issues for new indebtedness? I passed along those figures to someone who was absolutely incredulous that the USA could be in that deep of a sinkhole. Yet there today is good ol' Paul K. at the Times calling everyone misguided who thinks worrying about the deficit should be a reason to back away from another $1 tril stimulus.

by Oso
on Fri, 11/06/2009 - 14:07
#122603

 

"Government - Redefining stupid, daily."

by drbill
on Fri, 11/06/2009 - 14:08
#122608

Not to worry. The Fed, or more likely several of their shills, will gladly gobble up this "paper".

by chet
on Fri, 11/06/2009 - 14:16
#122621

So the market will slump and the dollar will "find strength."  Check.

by A Man without Q...
on Fri, 11/06/2009 - 14:24
#122627

We'll probably have several MSM reports of markets declining as "investors worry about employment" and "nervousness ahead of crucial retail sales numbers"

To my mind, it explains why the markets drifted up today...

 

by Ragnarok
on Fri, 11/06/2009 - 14:32
#122637

What is the best way, also the cheapest way,  to buy physical gold? Any thoughts or experiences are welcome.

by Anonymous
on Fri, 11/06/2009 - 14:41
#122646

Buy Swiss .9999 pure gold bars called "biscuits". Available in 10, 20, 50 & 100 gms plus 1 kilo.

Minted by various Swiss banks. Any reputable bullion dealer should have them. Premium is usually 5% over the spot gold price.

by JamesBrrando
on Fri, 11/06/2009 - 14:42
#122648

EBAY!

but i would not recommend it

try http://www.millenniummetals.net/

by SV
on Fri, 11/06/2009 - 15:42
#122750

Dude - Wait for and buy a dip.  It's almost like walking into a car dealer during the peak of Cash For Clunkers right now.

by A_MacLaren
on Fri, 11/06/2009 - 15:51
#122761

I've done business with both:

APMEX:  http://www.apmex.com/

and Bullion Direct: https://www.bulliondirect.com/index.jsp

 

Timing:  Buy the dips to help compensate for the premium paid on the metals.

by Anonymous
on Fri, 11/06/2009 - 14:47
#122658

Secure a 1-800 number and PO box. Buy some air time on the Trailer Park Network (Fox), with catchy pitch line, you'll soon have more gold than you know what to do with.

by Anonymous
on Fri, 11/06/2009 - 15:05
#122686

Expect more stealth QE. How much of the sale will be purchased by primary dealers, then recycled back to the Fed (quietly of course) within a few days? No failed auctions allowed!

hidingfromhelis

by Anonymous
on Fri, 11/06/2009 - 15:20
#122713

goldmoney works well

by Anonymous
on Fri, 11/06/2009 - 16:24
#122809

Expect the dollar to be up next week.

by Unscarred
on Fri, 11/06/2009 - 19:29
#123078

Sell before the auctions.  Buy afterwards.  It's a pattern that has played out for the past few months.  Given the skiddish economic data floating around the world (and the relatively cheap price of Treasurys right now, given current exchange rates), U.S. debt won't be going out of vogue just yet.

The last auction - 2 weeks ago, I believe - actually had better demand than any auction so far this year.  BUT, all hell might break loose when those 30's don't move...

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