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Amico/a, as I said, those numbers are my estimate. I have already shown CNBC wrong, based on publicly available data. So what? Primary dealers are also public companies, whose financial statements are audited and scrutinized by shareholders. And yes, I am in denial of idiotic hypotheses...

What happened to him? There's a couple of good ones still broadcasting, I think.

The only point that I am trying to make here is simple. Making an unsubstantiated claim that the Fed is monetizing trillions of US govt debt in secret is akin to someone claiming Britney Spears is an extraterrestrial alien (which is, after all, entirely possible). Specifically, just because...

Hmmm, methinks you have it backwards... If you claim there's a conspiracy, pls feel free to provide factual evidence. Until you do or until an audit finds that the Fed has misled the public, you don't have a leg to stand on. As to your specific doubts, in my estimate, households bought arnd...

You mean the Fed claims only $300bn? Also, the last Fed buyback was held on Oct 29th, so it was less than $300bn through Sept 2009. I hope your "where is the rest" is a rhetorical question, 'cause the answer should be relatively obvious. Who else buys treasuries, other than foreigners and...

Yep, very appropriate at this juncture, as is "plus ça change, plus c'est la même chose"...

Chill, dude... My statement is a gross oversimplification and was made half in jest. Especially, since I know the OP is not looking for anything as silly as 'more buyers than sellers'.

All sorts of people believe all sorts of things. I believe my eyes and facts. See my previous post regarding the facts of Fed's transparency or lack thereof. Make your own conclusions. [B] What does my trading have to do with anything? But, generally, I trade using my brain and I think...

Why do you insist on repeating the drivel that you hear in the media? Firstly, the Fed reports annually on its activities to the Speaker of the House. Secondly, financial statements of the Federal Reserve Banks are audited annually by an independent external auditor. Thirdly, the Fed can be...

It's not about the default risk in US... It's about the Club Med issues being a European problem, so the flight-to-quality that's been occurring is into Germany, rather than into USTs.

The Fed purchased EXACTLY $300bn of Treasury securities in 2009, as per the FOMC decision given here: http://www.federalreserve.gov/newsevents/press/monetary/20090318a.htm Total issuance of Treasury securities in 2009 is estimated at arnd $2097.7bn (to Q409), according to SIFMA...

There was a rumor of a special weekend ECB meeting, but that was earlier in the day, when the mkt was actually tanking. By the time Europe closed, the rumor was denied by Trichet. I am inclined to agree with the other posters out there in that it's likely to have been short-covering for the...

I don't think this is the answer you're looking for, but here goes, anyways. When there are more buyers than sellers, the mkt goes up. When there are more sellers than buyers, the mkt goes down.

Misthos, I am not disagreeing with you on this. If people at the Fed (e.g. Greenspan, Geithner, etc) did stupid/criminal things, let them be held responsible. All I am saying is that, over the course of the past couple of years, as I have read and thought more and more about the various...

Firstly, it's "PRINCIPAL", not "PRINCIPLE". Secondly, you have absolutely no idea how the banking system works, do you? It's really pointless for me to try to point out to you just how completely absurd what you wrote above is. Let me instead just tell you a couple of very quick things...

Misthos, we have argued about this before. My view is that you're smelling the rat in the wrong place, but that's a different discussion. All I am saying in this here thread is that blaming the Fed for the US national debt is absurd. It's even more absurd to claim that by abolishing the...

Right, I see... So I guess that means myself, as well as my elderly parents, are all members of this mysterious banking cartel then. 'Cause, guess what, I actually own some treasuries (mostly, TIPS, but also some conventionals) and so does my family. We are those evil people that receive our...

Fine... It's my view that you're wrong. As to proof, there can be nothing tangible until there's action. I'd only quote what the various German/French politicians (not ECB gov council members) have said re Greece being a common EU responsibility.

Indeed... They are owned by the Cajas, which are, in turn, funded by the big Spanish banks. They are just sitting on these properties, 'cause they know they can't sell. Their best hope is to continue to be able to fund them and to earn their way out of the hole over the next few years...