The following is an incredible analysis from Eric Sprott regarding $700 billion in missing treasury bond purchasers this year. Due to its importance, I have decided not to try and summarize the article but present it in full below. Following the article is a follow up discussion from Zero Hedge regarding hedge fund treasury purchases. Please enjoy:
Sprott December
The first question you would now ask is, "what is the role of hedge funds in treasury purchases?" I have that answer for you here.
