OTCPK:MEAOD - Post by User
Comment by
hardasseton Feb 02, 2016 2:39pm
100 Views
Post# 24517186
RE:RE:RE:RE:RE:RE:RE:updated l2
RE:RE:RE:RE:RE:RE:RE:updated l2Gold might be moving up sooner than we think. All of a sudden Japan can't sell their bonds: "Behold Unintended Consequences: Japan Cancels 10Y Auction For First Time Ever Due To Sub-Zero Rates". Here is the link: https://www.zerohedge.com/news/2016-02-02/here-come-unintended-consequences-japan-cancels-10y-bond-auction-fears-sub-zero-rate
I am having trouble getting my head around this one but, apparently investors are balking at NIRP and ZIRP. I think Plan B is to restrict withdrawls from bank accounts as we saw in Greece and Cyprus.
Things are rapidly deteriorating.