New York Fed To Buy $27 Billion In Treasurys……

Posted By on September 13, 2010

So what will bolt from the gate fastest Stocks, Bonds or could Gold and Silver lead the way? 

The New York Fed has just disclosed it will buy $27 billion in Treasurys between mid-Sept and mid-October. Using the Basel III blessed 30x leverage, this money, once it makes its way to the Primary Dealers, should be sufficient for a $750 billion leveraged push higher in risk assets.

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