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Old 01-06-2012, 05:34 PM   #1
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Foreign holdings of US Treasuries declining

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... as the chart below vividly demonstrates, the traditional diagonal rise in foreign holdings of US paper has not only pleateaued, but it is in fact declining: a first in the history of the post-globalization world.
More (including chart): http://www.zerohedge.com/news/record...ustody-account

Raise the debt ceiling! OK, now what? Who's buying?
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Old 01-06-2012, 06:02 PM   #2
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China has been touring the world, buying up natural resources like a plague of locusts. Instead of waging perpetual war, they go in, offer to construct infrastructure, spend money on social reforms.....whatever. Then they buy rights to oil, coal, ores, etc.

All in all, a good business model that we should take note of and copy.
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Old 01-06-2012, 07:07 PM   #3
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Don´t worry about buyers. The US has a "buyer of last resort"
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Old 01-06-2012, 07:53 PM   #4
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Originally Posted by PMBug View Post:
More (including chart): http://www.zerohedge.com/news/record...ustody-account

Raise the debt ceiling! OK, now what? Who's buying?
The printing presses, thats who. Why, there are still pine trees left, are thre not?
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Old 01-07-2012, 04:01 PM   #5
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The dumping has started. It is just a matter of time before everyone is dumping.

Won't be long before the SHTF big time now that we can no longer support our debt with the help of foreigners.

Originally Posted by Silver_Bug View Post:
The printing presses, thats who. Why, there are still pine trees left, are thre not?
Don't need pine trees. There is a surplus of electrons.
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Old 01-08-2012, 12:03 AM   #6
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Sorry, the electrons, ohh yes. The electrons are environmentally friendly, we won`t need to cut these beautiful trees anymore.

But don`t worry the Fed will buy all those bonds and bills dumped be these nasty guys who dont share the paper bugs boundless love and trust in paper.

The paper bugs will unleash some form or QE3,4...14...24 whether printing paper or using the environmentally friendly electronic computer entries. Gotta save those trees, right?
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Old 01-13-2012, 07:32 AM   #7
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... as of today's H.4.1 update, the outflow has increased by yet another $8 billion to a new all time record of $85 billion, in 6 consecutive weeks, which is also tied for the longest consecutive period of outflows from the Fed's Custody account ever. This week's sale brings the total notional of Treasurys in the Custody account to just $2.66 trillion (down from a record $2.75 trillion) and the same as April of last year. And since the sellers are countries who have traditionally constantly recycled their trade surplus into US paper, this is quite a distrubing development. ...
http://www.zerohedge.com/news/foreig...-get-concerned
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Old 01-13-2012, 08:57 AM   #8
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I'm glad i am not short the TLTs because fundamentally, the short story has been so bad for so long yet somehow, it just wont go down... Eventually it will work but I have no idea when.
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Old 01-18-2012, 09:43 AM   #9
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Today's TIC data confirmed ... that in November the selling continued, especially at the biggest non-Fed holder of US paper, China, which saw its holdings down to $1,132.6 billion, the lowest in the past year. Yet where the selling is just relentless is in Russia, which has quite demonstratively slashed its US Treasury holdings in half in the past year from $176 billion to under $80 billion. ...
More: http://www.zerohedge.com/news/china-...gs-50-one-year
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Old 01-18-2012, 11:31 AM   #10
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I read that too. It says Russia is dumping them like mad. Apparently Putin is not amused with our monetary policy.
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Old 01-18-2012, 11:35 AM   #11
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Originally Posted by ancona View Post:
I read that too. It says Russia is dumping them like mad. Apparently Putin is not amused with our monetary policy.
He sent a representative of the Russian central bank to the GATA gold rush conference in 2005.


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Putin: IMF Chief Dominique Strauss-Kahn Jailed For Discovering All US Gold is Gone
http://thesantosrepublic.com/2011/06...-gold-is-gone/
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Old 01-18-2012, 11:43 AM   #12
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SA,
I have no doubt that our gold has been sold, or at least subsumed in to the TBTF banks ledgers as swaps. The Fed has sucked this ocuntry dry, and will continue to do so until ALL of the wealth has been taken.
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Old 01-18-2012, 11:47 AM   #13
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I imagine the Fed like a giant vacuum cleaner sucking the real wealth out of the world. Like in the movie Space Balls:

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Old 01-18-2012, 01:23 PM   #14
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PMbug, you just made me laugh when I had a mouth full of water. Now I have to clean my fucking keyboard!

Spaceballs.....'ya gotta love it!
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Old 01-18-2012, 01:36 PM   #15
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Now the real question we have to ask is why should we own american coins when we know all this funny business is going on with the bars. It really makes me want to rotate out of them and strictly into Australian/Asian coins.
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Old 01-18-2012, 02:07 PM   #16
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I never thought about it that way Derek.

I will say on the record that I have tested a number of my various rounds and bars with our XRF, and all of them tested at least .999, and some of the ASE's came in a smidge higher purity. i think the guarantee is at least .999 on the rounds. I have a few old rounds from defunct refiners [from back in the late seventies] that were actually .995, .990 and everywhere in between, but all of my modern stuff is spot on. It is interesting to check some of the older quarters and franklin halves as well, because they are not all exactly 90% pure either. They are within a small tolerance, but not exactly 90%
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Old 01-18-2012, 02:14 PM   #17
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Originally Posted by ancona View Post:
I never thought about it that way Derek.
I think it's probably wise to start going away from US coins.

Or at the very least, start getting older coins instead of the newer ones.
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Old 03-04-2012, 04:04 PM   #18
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Originally Posted by dereksatkinson View Post:
Or at the very least, start getting older coins instead of the newer ones.
CIRCULATED coins dated 1964 and earlier are probably the safest bet as it was not financially feasible to fake those coins WHEN THEY WERE IN COMMON CIRCULATION. And now, faking them is still not feasible considering their low values as well how do you show circulation wear without showing obvious faking of the coins? Not saying it can't or won't be done, just saying that doing so may cost more than the value gained by faking them.
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Old 03-05-2015, 09:20 AM   #19
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I got curious this morning and checked the Treasury Depts website:

http://ticdata.treasury.gov/Publish/mfh.txt

As of Dec. 2014, Japan was just about to overtake China as the largest foreign owner of treasuries. China has been selling their treasuries slowly and steadily. Russia appears to have bought treasuries in 2013 and then dumped them again in 2014 and are back to around the $80B level again.

Overall foreign holdings increased roughly $350B in 2014. I'm not sure where to find figures for QE/Fed purchases of treasuries to compare like ZH did last year.

Quote :
Foreign investor selling of U.S. long-term and short-term assets escalated in December, with outflows at their largest since January 2009.
...
http://www.reuters.com/article/2015/...0VS29620150218
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Old 03-05-2015, 11:25 AM   #20
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I read somewhere that tiny little Belgium holds somewhere around a half trillion dollars of US paper. Money laundering anyone?
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