Saturday, October 1st, 2016 MST

Monthly Archives: February 2011

Silver continues to shock

Silver continues to shock the analysts who thought that after the metal’s run to plus $30 a severe correction was in order. Instead, it appears that maybe silver’s move to the downside was only a consolidation. Still, only time will tell, but nothing’s improving on the world’s financial scene and reports of shortages of physical silver abound. So, will silver push to the $40 level, as Gene Arensberg says is a possibility?

Fed holdings of US treasuries top China’s

Federal Reserve holdings of US treasuries now exceed China’s, with the Fed owning $1,108 billion and China owning $896 billion, according to data released last Thursday.  Japan holds another $877 billion.  By June, according to one analyst, the Fed will have accumulated $1,600 billion in treasury issues,  a number likely to match China’s and Japan’s combined holdings.  Just how did the Fed come to own all these securities?