The China Plan…In Gold We Trust

| August 25, 2013

The China plan would look to eventually back the Chinesse Renminbi currency with Gold, creating a direct trading challenge to the U.S. Dollar. Russia’s Putin has in the past hinted at something similar for the Russian Ruble! Chinese Gold Imports – China Imports 104 Tonnes of Gold in June China just imported 104 tonnes of […]

Kindergarten Bankers….And Monopoly Money

| January 31, 2012

Looks like we have slow learners here, folks…..$100 billion in write downs, give me a break! Shipping Loans Now Go Bad For European Banks With China rolling over, the large ship containers are increasingly lined up and stacked in Asian harbors around the world. The IHT is out quoting industry observers stating that European banks may be […]

China Has Divested 97 Percent Of Its U.S. Treasury Bill Holdings

| June 3, 2011

Hmm….So whom might we ask, bought all this crap?  How about the U.S. Federal Reserve…it’s as good a guess as any!  And most people probably didn’t think (the) markets were rigged….shame on them! China has dropped 97 percent of its holdings in U.S. Treasury bills, decreasing its ownership of the short-term U.S. government securities from a peak of $210.4 billion in May 2009 to […]

Stratfor: China And The End Of The Deng Dynasty

| April 19, 2011

  China and the End of the Deng Dynasty By Jennifer Richmond and Matthew Gertken | April 19, 2011 Beijing has become noticeably more anxious than usual in recent months, launching one of the more high-profile security campaigns to suppress political dissent since the aftermath of Tiananmen Square crackdown in 1989. Journalists, bloggers, artists, Christians […]

The Vulnerable Side Of China

| October 5, 2010

From Art cashin on the floor of  The New York Stock Exchange…… Not Quite What They Seem – Our UBS pal in London, Andy Lees, put out an eye-opening piece on China this morning.  Andy sees China becoming more vulnerable because of their growing energy dependence.  The piece is too big to fully reproduce but […]

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