All attention to gold: the US faced a record sale of public debt

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Against the backdrop of the spread of COVID-19, Americans were faced with the massive sale of their treasuries - investors from abroad began to actively pull off US government debt bonds. In March, the share of foreign capital in treasury bonds fell to record levels.

Total sales of US government debt reached nearly $ 300 billion. They were somewhat offset by the purchase of stocks and corporate bonds, but the total sale of assets reached astronomical values.



The first place among the holders of US government debt is Japan - it even increased investments in US treasuries by $ 3,4 billion. The second largest holder of overseas debt securities, China, by contrast, reduced its stake by $ 10,8 billion. Now the amount of his share in the US Treasury is 1,08 trillion, which has become the minimum since 2017. Moreover, China is threatening to further reduce its investment in the US public debt.

Gold is now becoming the object of investment by global investors, which is a confirmation of a long emerging trend. Since mid-2019, the volumes of “yellow metal” in central banks have been increasing, and treasuries have been decreasing.
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  1. 123
    +3
    18 May 2020 10: 54
    Against the backdrop of the spread of COVID-19, Americans were faced with the massive sale of their treasuries - investors from abroad began to actively pull off US government debt bonds. In March, the share of foreign capital in treasury bonds fell to record levels.

    Total sales of US government debt reached nearly $ 300 billion. They were somewhat offset by the purchase of stocks and corporate bonds, but the total sale of assets reached astronomical values.

    Aw, how bad it turned out No. But what about a printing press now? For prevention? And then a fresh batch is on the way .....
    Apparently, you will have to try to convince the Japanese to buy all this, you can’t get money from the rest for these candy wrappers. Have a good trade. laughing

    The US Treasury Department is preparing to bring an avalanche of government bonds to the market in order to attract money to the budget and pay for programs to help the American economy, which lost 20 million jobs and 40% of GDP in April.
    For the second quarter, the volume of US loans on the market will amount to 2,999 trillion dollars, follows from the schedule published by the Committee on borrowing at the US Treasury.
    The net volume of placements of US government bonds (minus repayments) will triple the previous record set in the fourth quarter of 2008. In total, over the year, the US Treasury plans to borrow 4,4 trillion dollars - more than the previous five years combined.

    https://www.finanz.ru/novosti/obligatsii/minfin-ssha-udarit-po-rynkam-izyatiem-$3-trillionov-1029185214
    1. +2
      18 May 2020 11: 42
      Quote: 123
      What about the printing press now? For prevention?

      Americans will honestly redeem everything !!! For non-cash dollars. And then on the Fed server, the electricity runs out. And non-cash dissipates entropy ...
      1. 123
        0
        18 May 2020 14: 52
        Americans will honestly redeem everything !!! For non-cash dollars. And then on the Fed server, the electricity runs out. And non-cash dissipates entropy ...

        You described the perspective quite readily, though with a bit of entropy you went too far, what for the humanities it will take some effort to comprehend the physics of the process. winked
        1. +2
          18 May 2020 16: 16
          As we can and explain ... request
        2. 0
          18 May 2020 16: 31
          So I say - non-cash simply dissipates. So it is clear to everyone.
  2. +1
    18 May 2020 11: 16
    The sect of the dollar witnesses has become weakened.
  3. +1
    18 May 2020 13: 47
    Soon there will be proposals for a monetary system based on the "gold standard", in which the accounting of funds will not be kept in the range from 1 cent to infinity, but in the range from 1 unit to zero. The unit of value of this currency will be valued at the sum of the total available investment gold in the world. The emission will be carried out by redeeming physical gold for the price of a new currency (and not by mining, as in cryptocurrencies), which will raise the price of gold to the maximum. In this case, the amount of the minimum payment from account to account can be arbitrarily small (within reasonable limits). That is, there will be miles, micro, nano, feto, etc. prefixes in the value of the new currency during calculations.
    The appearance on the market of a new type of currency will make it possible to do without the "printing press" of the US Federal Reserve System. Monetary systems based on the uncontrolled emission of money by individual states will become a thing of the past.
    1. 0
      18 May 2020 16: 43
      A new kind of oligarchs will appear - ceptooner, or femtooner, or absolutely rich nanoner.
  4. +1
    18 May 2020 15: 49
    So, these American debts (Treasuries), like the American dollar, are NOT needed by ANYONE - this is ordinary American toilet paper and it does not bring anyone profit ... only fools can give money for it, for which the USA buys real material values.
  5. -1
    18 May 2020 18: 56
    Quote: Warrior
    So these American debts (Treasuries) like the American dollar are NOT needed by ANYONE - this is an ordinary American toilet paper and it does not bring profit to anyone ... only fools can give money for it, for which the United States buys real wealth.

    By your logic, either -
    a) in Russia live stupid, ready to give 70 rubles for a dollar;
    b) these 70 rubles are even less money than the dollar, since they are still ready to give them back.
  6. +1
    18 May 2020 21: 59
    What's again? I see, the business of Misha Leontyev lives and thrives.
  7. The comment was deleted.
  8. -1
    19 May 2020 09: 27
    All attention to gold: the US faced a record sale of public debt

    - Yes, the Americans wanted to sneeze for all these manipulations ...
    - As a last resort, the Americans can again pull off a scam with the "golden dollar", which was minted in the United States in the 19th century ...; to "lure" gold (and "launch it") from Europe and from China in the first place ...
    - And then it will be possible and again to return to printed papers and bitcoins ...