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China-Japan-Koreas
China won't dump U.S. Treasuries or pile into gold
2010-07-07
China on Wednesday ruled out the "nuclear" option of dumping its vast holdings of U.S. Treasury securities but called on Washington to be a responsible guardian of the dollar.
Posted by:tipper

#6  CHINESE MILITARY FORUM thread > [CNBC]THE THIRD RECESSION IS ABOUT TO UNFOLD, COMRADES | US DOW JONES INDUSTRIAL AVERAGE REPEATING A PATTERN/ NUMBERS SUCH THAT WHICH APPEARED BEFORE THE [US-Global] MARKETS FELL BEFORE THE "GREAT DEPRESSION".

and

* TELEGRAPH.UK > WITH THE US TRAPPED IN DEPRESSION, THIS REALLY IS STARTING TO FEEL LIKE 1932.

Uh, Uh, THE-ARTIST-FORMERLY-KNOWN-AS-PRINCE > GOTTA PARTY HARTY LIKE ITS 1932 [not "1999" nor 1929]???
Posted by: JosephMendiola   2010-07-07 22:31  

#5  There's no need for China to pile into gold, there are many other commodities it can buy (and use) -- which is indeed happening now.
Posted by: Anguper Hupomosing9418   2010-07-07 16:28  

#4  They are currently a economic power house because they have pursued a style of free enterprise and have the resources to back it up. They also do not engage in pipe dreams or tax sink holes such as cap-and-trade or strangling businesses with eco-enforced terror policies and taxation. They will just have to wait and pull a Cold War maneuver - wait for your enemy country to fall apart finacially.
Posted by: miscellaneous   2010-07-07 09:27  

#3  They're going to do whatever they can to give us a false sense of security while we disembowl ourselves.
Posted by: Thing From Snowy Mountain   2010-07-07 09:06  

#2  ...or its ending buying Treasuries and simply waiting to dump on the speculative gold market to maximize their profits.
Posted by: Procopius2k   2010-07-07 08:39  

#1  So the real news is China planning to dump treasuries and secretly buying gold.
Posted by: Bright Pebbles   2010-07-07 07:08  

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