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Just What Is China Buying?
Something strange is going on in China. On one hand, as the chart below shows, China's trade surplus is growing and growing, and just hit record highs. In other words, China is - on paper - receiving record amounts of foreign currencies in exchange for its (mostly) goods exports.
That much is clear in the Chinese (record) trade balance chart below:
Yet on the other hand, a chart from Deutsche Bank shows something very peculiar: even as China's foreign reserves should be rising, they are not only dropping, but just suffered their biggest quarterly drop in the past decade!
This validates what the TIC data has shown recently, namely that China has not only not been adding to US Treasury but reduced its TSY holdings to the lowest since February 2013, and that contrary to what some have alleged, China is not using Belgium as an offshore-based conduit for Treasury accumulation.
A bigger question is just what is China buying "off the books" to account for this reserve decline, amounting to about $100 billion in Q3, or is this merely due to even more off the books "capital flight" as some has speculated. Or is China indeed actively buying commodities - either as shown here previously for Commodity Funding Deals involving gold or in physical bulk, perhaps to quietly fill up its new Strategic Petroleum Reserve (see "Record Oil Tankers Sailing to China Amid Stockpiling Signs") - and bypassing the official ledger in doing so. If so, which commodities is China buying, and how big will the foreign reserve plunge be in the fourth quarter.
For the answer to the latter we will check back in a little over a month when the "official" data is released. As for the former, one can only speculate.
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The pattern of Chinese shoppers when they go to Japan is to refuse to buy anything made in China. There is no higher quality product distinction in China as compared to Japan. The current China was a western zionist creation designed to destroy the power of America and Europe. There is no dedication to craft and design as in Japan. Everyone in China is scheming to get rich and get the feck out of China.
Gold of course
What's the fastest way to learn Chinese? I'll find out soon.
Oh, and throw those Russian discs in there too, please. Thank you, do you take silver?
immersion
hehe, "sink or swim"!
Re. What's the fastest way to learn Chinese?
I'm pretty good with languages and over the years, I've come to figure out that the best way to learn a new language is in bed. Good luck.
Gee George, what are those crazy whacko bankster globalists in china going to next to further the world domination plans using the money-god systems of command and control?
Dunno, but they sure are going to needs lots of eyes in the skies to WATCH AND KILL the starving peoples.
http://pocketsandshasha.blogspot.com/2014/12/army-building-airport-just-...
Clearly it is not gold. China would never accumulate the same thing it has been accumulating for the last decade at an even faster pace now that it is cheaper.
SocGen just came out and said China has just joined Russia in selling gold
That was my first thought. The propaganda war is heating up. Confusion and chaos is a feature, not a bug.
I can live with a propaganda machine, if it is consistently opposite of the truth.
That's how people made do for decades under the Soviet system: People knew that they were being lied to regularly, and simply adapted to those lies.
In USSA, by contrast, adaption is different and challenging, because they don't truly believe they are being lied to. Here, they just "Want To Believe". It's how they're raised.
Except Russia isn't selling, and just announced they purchased 600,000 more ounces
I think you missed that sarc tag.
Indeed
1. Take the net debit
2. Divide that by the price of gold in renminbi
3. That's how many ounces of gold China bought
Did you just divide by infinity ?!?!?!
Popcorn
Real estate. There is certainly a massive fear of inflation always in China. Also you probably have a few trillion in bailouts to dole out so "you can speculate some more."
It's not like you can buy things in dollars in Russia and the "official" Chinese rate is starting to look kinda "squishy."
DXY hit its 52 week high today (89.65)
2010 high already taken out
King Dollar
onward and upward
http://www.marketwatch.com/investing/index/DXY
your post is the equivelent of spiking the football and doing your TD dance when you reach the 30 yard line.
heh heh
one of my calls i made long ago was DXY > 90
Deflation coming down the pipe
enjoy!
OT: As the year is closing, I am wondering about C. Lagarde's announcement from early January that the number seven would be important in 2014, and the numerological significance of 12.22.2014, which happens to be also the first day the new AG and AU trading corridors are active on the COMEX.
If there is fire, and not only smoke, and seen where the S&P 500 is currently trading, I wonder if they will spot-land it at 2066.6 tonight... that would just be the perfect top before an inversion, after the low was 666.x, wouldn't it?
Gold and amercan real estate
"Something strange is going on in China. On one hand, as the chart below shows, China's trade surplus is growing and growing, and just hit record highs."
That's it?
ZH buying that?
seen multiple posts here and elsewhere (for several years) revealing that china has been falsifying export data (hiding "hot" money?)
My theory is that they are paying bribes and getting rights of way for their new "silk road" - sharing construction contracts for railway stations, warehouses, service roads, and trains.
http://www.financialsense.com/contributors/oil-price/china-s-pivot-towar...
The other question is, if China's not behind all that Belgian UST buying, then who is? Hint: it's someone who doesn't want the world to know that they're accumulating USTs.
That list of suspects is rather short, but >1.
E.g. The Fed, IMF.
[Raughter]
and with yuan pegged to (surging) usd ... and with japan in recession ... europe on the ropes
=
record surplus?
The yuan "remember me" trades in a 2% trading band.
The PboC has been trying for close to a decade to rename their currency. What's good for the goose is good for the gander.
Dat's raycis. lol
Keep your powder dry Bitchez
Record surpluses and falling reserves can only mean one thing if both of these things are true. Chinese oligarchs pocketing the foreign cash in some kind of a deal with the Chinese government.
OLD ZH Post
How will it begin? What will become of the Exchange Stabilization Fund? Who will replace the existing process? When will this transition begin?
http://www.newyorkfed.org/aboutthefed/fedpoint/fed14.html
BIS/World Bank/IMF are spinning new visions of false hope. Back in 1999, the Charter stated, " We will create a crisis so enormous, everyone will accept our new plan."
Enjoy your popcorn, winks.
The architects are banking on complete chaos during default phases in different parts of the world. Quite the opposite will happen, if fact the serfs will realize the puppets are responsible for this failed attempt to divide. Sure, there will be isolated cases of killings amongst racially divided. However, 90% of the global community will bond. The end game will not play out the way planners expected. Oops!
Save this post. You will not be disappointed to review the future in present terms.
We must pull this toy from the chest tricks, once again.
U.S. Treasury Secretary Timothy Geithner met China's Vice-Premier Wang Qishan on Sunday and "exchanged views" about economic relations between their countries
IBSA vs. BRICS: China and India courting Africa
While your being filled with racial hate, uncertainty, fraud and deception. Your life is being formed through daily appearances of an individual who is lying to you. As each day progresses, the planners are switching strategies on which playbook to use as the next experiment to complete a short term fix. The longer they can kick the can, the more they are confused in what to implement. Fear has run rampant, and higher security is necessary to protect the clueless planners.
This was a old rant. I wish my words would be understood today. Still clueless voters.
I hope you loose everything you own, Obama Voter's. When you do, your lifestyle and ownership is gone.
We don't have to worry. We warned you and can pick-up and leave.
You're stuck on the plantation again. It's the same DNA that believes in free shit until no one can fund it. Once you are whipped, fed, clothed, sheltered and produce GDP growth. Just ask Uncle Negro Obamba how he can enslave you.
Fortune Cookies!
A lot of fortunes have been made in China this year.
Wealthier Millenials in China are buying
American made vitamins, Zippo lighters and Branded sportswear (Nike Air Jordans)
according to my nephew who lived there for 3 months. He taught English for @ $30 US an hour there
Call me naive, but let's pretend I'm China. I have a wounded hungry Russian economy North of me. My biggest trading partner is getting getting ready to crash (los estados unidos).
I would be buying military hardware, financial hedges, agricultural commodities, and agricultural machinery. I'd also be doing anything I can to help my northern neighbor lick their wounds. When things get bad (and it is hard to imagine they won't with the US stares down a double-digit% GDP economic correction) having a thankful neighbor next door with very sharp teeth is going to be very comforting.
I tried to pretend you are China, but I kept getting distracted wondering why China would have a bag over its head.
Thats it in my mind...the chineese will NOT let Russis's currency fail....unless it is to buy back all the cheap rubles and wait for the gold standard lift it back up......
It's a Big Club and you ain't in it
Prepaying future gas supplies with discounted UST's.
Kills two birds with one stone,maybe three with the west bankrupting itself trying to destroy
the ruble.
Very sharp teeth and now an axe to grind.
they are buying everything
http://youtu.be/TQlqks6bhi8
Have any of you thought just how powerful we can be? China has banned Facebook, ask yourself why?
Could you just imagine 1.3 billion fucked off, and mad as fuck Chinamen rampaging through the suburbs? Neither could I.
They fill you full of lies to keep you placated, to keep your boiling point from erm boiling.
Its not working no more. We as a collective, dont believe the bollocks, do we?
Just imagine 1.3 billion folk going total, utter, mental. It sends a shiver up my spine.
We could, if wanted, be legion. So many of us proles, so few of those that wish to rule.
Utter fucking cunts, but then you already knew that didnt you?
:-) ;-)
Except the Chinese do not go full retard. Its just not in their DNA. They have lived so close to each other for so long, its been bred out of them.
Except for that time they went full retard over the Yalu.
I will tell you the previously unrevealed secret why China has banned Facebook: they have an aversion to funny cat videos. Remember, that in China, cat is served at restaurants.
Maybe that plus the likelihood Zuckerberg is cozy with the NSA.
As for Facebook encouraging the proles to rise up, well, the Facebook addicts I know can barely rise up to grab another slice of pizza from the fridge. Don't count on the revolution beginning on FB. It was tried but got very few "likes".
The proles are too busy using Facebook to argue with each other about whose propaganda is better.
"The proles are too busy using Facebook to argue with each other about whose propaganda is better."
That is the truth. Yet, it's not a conversation they want theirs, or your people arguing about too much.
Why? Because facebook is an instrument of Satan, that's why.
Are the fucking sarc meters broke folks?
Jesus fucking christ.
??????
:-)
Amazing how Google deletes old links. We can still find them using are brain and not collaborating with, We know what your da thinking Google script.
When China Met Africa: Lusaka Airport
Looks like moar Time Magazine Internet Joseph Goebbels traffic creators will get fired. Public doesn’t sponsor your watering chit chat shithole.
Google censors and doctors their search index to support NWO agenda, it's a Jewish thing. To find deep economic and political information you have to use the links embedded in penetrating articles and go to certain sites you know, ZH is useful for this especially in the comments section, its real free speech. It's more work to get info but it works. Don't disregard google though, I like to cook and it still works for recipes.
Banker shill.
Search with DuckDuckgo...way better results...
China always tried to obscure its UST purchases, even back before Geithner granted the country primary dealer status allowing it to make direct bids at auction. In fact, it is because China was a major buyer, and because they did not want to tip their hand to existing primary dealers, that Geithner granted them PD status. Your logic is in error if you use only the PBoC holdings to determine whether Belgium is China or not, because the majority of USTs that end up in any Chinese entity are funneled through this PD mechanism, thereby allowing China to avoid, pre-auction, unwanted attention of other PDs. For example, the Chinese sovereign wealth fund---China Investment Corporation---held $233 billion of sovereign fixed income investment at year-end 2013, of which almost half are liabilities of developed economies, primarily USTs.
You can contact the CIC CEO, Mr. Ding Xue Dong, for further clarification.
US real estate? US stocks?
The Jews' goal is to dethrone Putin and force immigration and multiculturalism/diversity throughout the country and also into ukraine so there aren't anymore all white countries.
But Ukraine and Crimea is their ancient homeland of Khazaria, just like Palestine is. Don't you know these adopters are entitled to anywhere they might have pitched a tent no matter how long ago? Besides their Talmud says you are a beast, so just shut and give them your land and wealth and become their slave. G_d gave them the planet and everything in it (you included). Happy Holidays goyim. For the rest with sense MERRY CHRISTMAS and may the peace of Jesus Christ be with you all, especially Putin.
Oh fuck off you 2 week old evil slop of biggot vomit. "The Jews" don't have a goal. "The Jews" are a grouping of ordinary people with dissimilar opinions, views and goals.
You on the other hand are a plant. A traitorous piece of shit paid by the too big to fail banks, trying to divert attention from the problems that bankers and banking cause in the world. If you can successfully switch the attention of the ADHD idiots to jews then when the shit hits the fan they'll be pointed in the wrong direction. Oh and if you're not being paid then you're barely smart enought to breathe because you're doing their bidding for free.
Dumb evil pieces of shit footsoldier tools like you are why the world is so fucked up.
Congress and the US government? Ooops sorry they were sold years ago.
Everything thier NWO partners can throw at em
China’s Communications Construction To Buy Australia’s John Holland
China Raises Bid For France’s Club Med
China Helps Fund Philly’s I-95 Turnpike Link
Chinese Eye Australian Farmland to Limit Exposure of Property Market
French Government Sells 50% Stake of Toulouse Airport to Chinese Consortium
Hollywood Loves Chinese Cash And Doesn’t Mind Chinese Scensorship
Texas and China Talk Trade (Cash) in Houston
Chinese Billionaires Buying American
Add to that 100k hectares of Ukrainian farmland leased with an option on 2.9M more.
As a consequence expect majot Chinese investment in a deepwater port in Crimea.
Think of China as Russia's Central bank.
In 2009 our Fed began pumping trillions of $USD to the banks (to buy American stock) against repurchase agreements with them, today China is pumping hundreds of billions of dollars to Russia government so that the latter can keep its economy afloat.
Just as the Fed concealed the exact dollar amount of the repos to the banks when it ceased publishing M3, China too is hiding the extent of its help to Russia.
Sauce > goose
Sauce > gander
Each country has two accounts at the federal reserve:
Checking - holding USD
Savings - holding UST
Selling USTs makes them obtain USDs.
Question: What do they do with USDs?
That is the issue. Again, the issue is not what they do with USTs.
The issue is what they do with USDs
That's got to be one of the best comments you've posted over the last 6 months EKM.
You're SPOT<>ON.
I'm curious EKM? Coming from an [Eastern Dictatorial] regime.
You spend a lot of time offering " intellectual thoughts".
Have you taken the necessary measures to protect your family?
"Have you taken the necessary measures to protect your family?"
What do you recommend?
get a life, sir.
Think about enjoying your life
IOW...
getchur spiritual house in order, cherish your family and don't waste a nano second fretting about what you have no control over.
You cannot believe how many Chinese are living now in Angola, Botswana, South Africa: millions.No table manners but hard working, humble and willing to take risks.
Eyes on
Namibia: http://news.xinhuanet.com/english/china/2014-04/09/c_133249352.htm
Labelling China an "all-weather" friend, Geingob said he was convinced Li's upcoming Africa visit will lift China-Africa ties to a new high.
The two leaders witnessed the signing of bilateral cooperative documents covering issues including the economy, technology, infrastructure construction, mining and personnel training after the talks.
Chinese State Councilor Yang Jing also attended the talks.
Greece too? http://news.xinhuanet.com/english/china/2014-06/19/c_133421188.htm
During the visit, both countries are expected to sign more than 20 cooperation agreements and business contracts on trade, investment, finance, shipping, technology, culture and quality inspection, according to Chinese Ambassador to Greece Zou Xiaoli.
As a highlight of Li's visit, the two prime ministers will jointly inspect the Piraeus Container Terminal (PCT) near Athens, part of which is operated by China's state-owned shipping giant COSCO under a 35-year lease signed in 2009.
They have you fooled, another round eye that believes the lies.
Just What Is China Buying?
a stairway to heaven?
Oil is falling more or less with many world currencies in recent months, not only currencies of oil exporters. However, it may sounds strange, but it is because of “apparent” dollar liquidity problems in global dollar dominated FX trade. The dollar global trading exchange rate is increasing in big part due to massive drop in US trading volume over last several years, combined with introduction of substantial direct currency swap lines, circumventing global dollar trade completely and creating asymmetry, imbalance in the currency trade. This is likely an immediate effect of creeping in de-dollarization process driven by China and others. China current strategy is to pump dollar and dump some treasuries, they already own and avoid new purchases so dollar would not collapse right away. For China, when they secure oil and gas supplies by currency swap lines or perhaps fix exchange rates, they will not need dollars any more.
Do not believe lies about world trade. While world population grows steadily, Baltic Dry Index collapsed long time ago, China exports to HK only for years and little to the rest of world, which is saturated with their junk anyway. Look at HDTVs market, collapsed. Laptop, desktop, smartphone/tablet market collapsed, ask DELL. I will not even mention about economic disaster in Japan where most people almost completely stopped buying anything (even starving) due to rants with China, QE+++ collapse of yen, in economy 90% based on imports, and crumpling its industry and job market, accelerated after Fukushima disaster. Japan even stand up to US opposing TPP which would kill Japanese agriculture, back bone of society. All world export/import data are simply fake, designed solely to ramp up stock prices and support derivative trade.
Many retail supermarket chains sales collapsed all over the world from China, US, UK Australia, Europe east and west over several years with notable exception of Russia. Manipulation of inventories is rampant, channel stuffing, off balance sheet inventory transaction (moving in bulk from retail stores to some fake entities, and registering it as sales, manipulating prices ahead of monthly sales report, openly fudging numbers), selling corporate bonds to CBs for stock buybacks and/or to “improve” profit reporting.
The same relates to oil which demand collapsed already 5 years ago, in some countries even 60%, And later miraculously “recovered” after JPM & GS playing derivative instruments’ magic flute backed by mark to fantasy accounting. And now, they loaded all storage tanks and tankers with oil nobody needs, and lied through their teeth about production data. Finally Saudis were relieved, to sell a barrel of oil, when US neocons ganged up on Russia and asked them to wage, so called oil price war.
It turned out that, in their sand palaces, frolicking Saudis had no idea that, their pals, global oligarchs/banksters, sucked up all the blood money from people veins, forcing world population to quietly switch to renewable camel-tech, Suddenly Saudis found themselves in wrong business and they still, like any other oil, producer cant’s sell a thing.
Do not take my word for it, look around you, previously stuck freeways are flowing (except for cannibalistic DC), malls shut down or selling SS services, you can get office anywhere in New York, even in WTC immediately for half price as 15 years ago. People living back in multi generation households like in Great Depression, 1930-ties, squeezed as sardines with one gainfully employed per household, while HF owned empty or abandoned houses spook neighborhoods or turn into true battle zones like Camden or Detroit. People suffering under their debt which enslaved them and their attitudes to consumption permanently reverses. There goes dream of recovery of consumer driven economy in US. Should I continue?
Global trade and most of all US trade is collapsing by any measure. As a result multinational corporations practically stopped manufacturing anything but fake profits and their stock valuations, long time ago. And World government elites know that. Should you?
When you see vampire sucking man’s blood are you going to discuss transfusions options, or liquidity of his blood or put wooden stick to vampire heart and hit it? Do not think too long, cause next time it will be your face turning into whiter shade of pale.
A greed.
A brilliant scathing....thank you so much for speaking your truth to power.
Moar and moar we see the great lights of the world standing up to the plate to DO the right thing. If the ignorant want to watch and wallow, get out of the way of those who CHOOSE to make a difference. Truly, one good soul can make a WORLD of difference. Every word, deed, and action carries with it, a RE-action. What goes up, will always come down in most earthly circumstances. Three is no changing that in this 3-D world.
Many grateful honorings and extreme grace for those who from the world wide arena.
Bless.
They are funding the North Korea hacking operations.
Odds are that they are buying more gold (and of course reporting all of it). There may also be a loan to their pals in Russia in those numbers.
Based on the performance of emerging market currencies , the PBoC is probably just trying to keep the liquidity river "beavers" from stopping the flow of spice.
SAIIA.
see below.
china is amassing defensive quantities of commodities including gold and probably real estate since they love real estate no matter where it is made.
i think chinese people who can are taking the money and running away from china
I think that's an astute observation.
Yes but then they keep going back to China to buy stuff to sell in the country they ran away to.
South Africa, China and the Rare Earth Metals Industry -
commodities and military hardware. and maybe some misappearing funds to prop up russia. although I think china would much rather offer to purchase a portion of Russia.
I many others have said it time and time again, China loves the dollar, for now, as it lets them buy up the world cheap.
The western Zionist banksters are not only "printing" theft, but simultaneously selling off the west to the east.
That is why war is unavoidable: The east will say, "We have the titles," and the Zionists will say, "lo."
And remember the Bundy ranch treason was really about the Reids' deal for selling control of the land to the Chinese.
The banksters need to repay us.
The Zionist will be run down by a M5 or shot in the head for Hanukkah candle lighting. Pick your holocaust poison, fucknoobs.
Burnout scares Jews
You're just another banker shill paid to direct attention away from them and on to a racial group.
The problem is fixable, but people like you make sure it never is.
We'll never see two Jews who invented copper wire by fighting over a penny.
Crisis Actors, MSM and forward Obama missions.
Atomizer: step out of your momma's basement and say that face to face to a Jew.
I own 9 houses free and clear. Would you like to rent out a basement for $3,000 month without utilites?
I grew up in Cleveland OH. Beachwood was called Jew wood. They scrambled down to Chagrin Falls OH to breed their kind. We called them KIKES, and told them to get the fuck out of our town.
Those jews where all Check Kiting criminals. The doctor who lived next to us went to prison for 40 year on money laundering. I was just a single digit aged kid that remembers.
http://www.legalmatch.com/law-library/article/what-is-check-kiting.html
Go fuck yourself debunker. I grew up a better person.
Your definition of "better person" says it all.
where did u see the definition of better person in his text?
China has reduced their UST holdings by $.3 Trillion this year.
Your comment is completely WRONG!
I'll roll some bankster heads .
Yen Cross " dual citizen"
'tis the season to be jorry
fa ra rarararara ra ra ra
deck the harrs with bours of horry
fa ra rarararara ra ra ra
That lacist
I suspect that the size of preparations being made for the new settlement system being built around the many new currency swap facilities around the world. Funds are being shunted from their normal channels, while the inordinate size of the 'missing' funds is due to an acceleration of the process in anticipation of a global crisis. When the ruble hits bottom, and the Russians thenbuy their own currency back on the cheap (effectively dumping roughly a $trillion dollars all at once on the forex) the proverbial shit will be hitting the fan. Remember, the costs to the Russian oil and gas industries are measured in rubles --while their revenue streams are measured in dollars. Think about it.
If this is truly the strategy, then expect the Chinese to assist with their own dollar dump, or perhaps an announcement regarding a shortage of silver in the Shanghai Gold/Silver Exchange. Something along those lines, anyway.
The dollar will drop like a rock with all the attendant collateral damage you can imagine.
I like it.
What do they call Chinese food in China? Just food?
Most Chinese wouldn't eat the garbage that's considered "Chinese" food in North America. Hint: the deep fryer is virtually unheard of in China.
nah they buying Russia brides
Could they be buying Rubles?
Take all those charts with a grain of salt. The ones where the data comes directly from China you take with a tone of salt. Now if the Chinese are smart they should be stock piling oil, since is so cheap now. I'm surely buying all oil I can put my hands on.
What is China buying? Russian Rubles of course.
Who would not take the opportunity to buy those beutiful Rubles paying 17% interest per year. Now China just waits for the foeever "cheaper" gas deliveries to start!
And we thought Russia would fall of the cliff because our president said so!
"OUR" President???
Not fucking me.
He may be the fucker sitting in the oval office right now, but when all the bullshit and smoke clears, this piece of shit is going to get shunned big time.
Beatle, shunned might be the least of his problems when he has no more value and only liabilites.
I know what is like he's gonna have for his legacy when he's no longer POTUS.
What can he really boast about, clownage?
Those are foreign reserves valued in USD and they have lots of Rubles which are depreciating againts the dollar.
They aren't buying anything off the books.
I'm still astonished the Chicom's aren't selling US treasuries into the Fed's rally.
Debt writeoffs?
Funding for the coming new BRIC BANK...+Gold
American Mortgages...from the FED.
18 Tons of Gold
Until it's last dying day, USA will be the best place to live in the world. All other things being equal. All other countries are 2nd hat to the USSA, tho USSA is steaming it's way to the crappy lifestyles china and russia provide.
Yes, not to mention "it's" educational system.
(I wish I could give myself more than one upvote for my own cleverness.)
Stupid as you are, you're just lucky the Tylers scrapped captcha before you got here or you never would have got here.
'I don't understand ignorance and I don't want to.'
grrr....
Certain parts are no doubt, but there are a great many sections of the country that are worse than any others on the planet. Compton, Detroit, Chicago, South Beach, Gay havens, like Fire Island, San Francisco, thousands are far worse than just about any country in Europe, Africa, and Asia.
You can get lost in United States if you so choose, and live in pristine conditions if you have a pioneering spirit, great health, and some skills.
Just don't live any where near sea levels, river banks, and try to stay at elevations that provide great views, and the ability to look down upon invaders.
Helps to have an occupation that will be in demand for the forseeable future.
'Merica is awesome....you don' like it? You can get out!
Derka Derka Derka!!!!
Time...
Gold-plated pooper scoopers... because it's citizens lead the world in shitting on the side of the road.
OKay, You bitchez sort it out and get back to me on Sunday.
The markets will be really thin. You go ahead and get "sucked" into the vaccuum.
LOL
When interest rates start to rise, inflation will make the price of commodities skyrocket, and paper money will drop in value. China is just getting ahead of the curve.
The Fed. foreign reserves chart? (ponzi central)
The fact that the Obama administration is using Cuba to obuscate their administrative failures is really SAD!
yeah have you seen one cuban official shaking anyones hand over this deal, this is all a complete fabrication from potemkin village, penn ave
Just one communists doing a solid for another.
We had to Obama some folks.....
Evening viewing pleasure:
https://www.youtube.com/watch?v=5fbvquHSPJU
I watched the trailer and when I saw max Keizer, Noam Chomsky , and a bunch of people from the IMF/World Bank/ FT I realized I had wasted my time. That will be one of the biggest bags of dog shit propaganda I would ever see.
Yes we know we are being fucked by Uncle Sam and the corporations but, the last thing i need to hear it from is a bunch of leftist commies. Talk about rewriting history.
The problem with any form of capitalism is when it derives it's existence from government favors. then it seizes to be capitalism.
What is moar desirable than gold and prized by 0.0075% of the world's population?!?
If you guessed drugs your correct. If you go one-up its opium, the most easy and profiable drug in the universe? The Chinese have waited along tyme to reverse the score and the "Opium Trade"... http://www.britannica.com/EBchecked/topic/430160/opium-trade http://www.deamuseum.org/ccp/opium/production-distribution.html
Who or What supports ISIS? Here's a clue for those that grew up in the 60's... TURKEY! Yes, Turkey was the world's chief producer of opium. It came mostly from the vilayets of 'Afyonkarahisar which translated into Turkish as the 'Opium-Black-Forest', being Denizli, Isparta, and other areas/ places on the west of the plateau. Please realize that this is all hypothetical, but especially in 1962 Turkey's opium-gum crop yielded 300 Tonnes of Gum! Nice? Location, Location, and fabulous Location on the Western Aegean Coast. http://en.wikipedia.org/wiki/Afyonkarahisar
PS. Were talking 100's of Billions$$$,... ???MOar. What goes around comes around with ISIS playing diversions over Kurdish oil! WTF!
Oh, I forgot that in todays market a Ton of Heroin brings in ~$75Million!!!
jmo
alittle food for thought... "Go west, young Han" http://atimes.com/atimes/China/CHIN-01-171214.html
Ps. Check out Pepe's new book "Empire of Chaos' published 11/14/14...
absolute great read!
jmo
so those dollars they take in are being repatrioted from something, or shipped to russia? its all worthless fiat paper anyway
Ancient Chinese secret.
oil will go down in january a bit.
so they buy contracts for january delivery.
gold..who knows, but likely yes.
sure they do not keep $, which is now expensive and u can buy lot of things more with expensive dollar, which can go a little bit higher. and can dive as well.
If I were China, Sell US Trashuries and buy Rouble for the gas deal
Many Americans cringe when they think about the billions of dollars of consumer goods we import from China every month, but what makes it even more bizarre is that China is an American make product. Decades ago America started down a perilous path to build China into a world power.
Decades ago a pathological fear of Russia and the Kremlin’s atheism caused America to seek a counter balance in the region. Central to the American effort was offering the prospect of economic incentives to China, we combined this with a hardline military response to communist aggression. Ironically, it was the China’s communist longevity the Washington wise men should have feared more. The article below delves into how and why America made China into the economic giant it is today.
http://brucewilds.blogspot.com/2012/09/china-made-by-america.html
And you can thank bill clinton for China's development by selling what gold we had left at rock bottom prices and giving them ballistic missile technology via Loral Space.
The US was looted under the Clinton administration. Bush's economic policy with china was a reactive one that had to find a way to keep our economy up especially after 9/11.
What if all of this is one big show and the whole point was to soak the chinesenand Russians with bad American debt all the while buying gold and not saying anything.
This is economic warfare so if the enemy isn't going to be honest about their gold holdings then why should we?
Remember, china in 1994 devalued their currency by 50% in a single day which was an act of economic warfare. This is what helped facilitate the exodus of American jobs to china because labor was now cheaper than anywhere else. And let's not forget NAFTA.
I fully agree and this is why the policy Obama has chosen to pursue of pushing Russia into the hands of China reeks of stupidity. A great shift in power to the East continues. The struggle is occurring to unseat America as the worlds most dominate nation continues. For many proud Americans who see the United States as having a right to be in control it is both threatening and frustrating to see that control slip away.
It is threatening to think the country might quickly fall to the position of a second rate power mired in debt with many of the options we have come to see as our right suddenly ripped away. It is frustrating that in many ways America appears to have become its own worse enemy guilty of political inaction and squandering its power through a series of bad choices and missteps. More in the article below about the continuing massive shift in power to Asia and how America must immediately face its problems and go about the business of setting its house in order.
http://brucewilds.blogspot.com/2014/06/americas-struggle-to-stay-on-top.html
"..For many proud Americans who see the United States as having a right to be in control.."
The brightest sentence I have ever read by a nearly analphabetic source. What do you sell, Bruce - highly democratic potatoes?
obama is a communist and the fall of the USA is exactly what he and his minions want
China, like Russia, is Gresham's lawing away fiat, USD and others, in favor of hard money (PM's) and hard commodities and they are not taking any chances with counterparty risk. The only fiat they like, for as long as it lasts, is their own; who doesen't like free money? They know the storm is coming and they have a plan.
http://www.silverdoctors.com/checkmate-is-russia-selling-oil-for-gold/#m...
China is buying what US cannot afford - respect.
You can't buy respect - now fear, that's another story
"If so, which commodities is China buying".
Cheap oil.
That's what I would do, given that the low prices won't be sustainable for long. Time to stock up.
Looks like capital flight to me. They're setting up to make about 200 million newly minted retail equity bag holders.
Answer: Bad Data
How reliant or accurate is that which is calculated by the underhanded Chinese?
Lies, damned lies and statistics....
Any "Christian" Zionists here who can tell me if China is Gog, or if they're Magog? I keep forgetting.
Maybe the money is leaving America in order to support trade in another direction;http://www.atimes.com/atimes/China/CHIN-01-171214.html
Gold bitchez
None of oBUMMER's bullshit.