Is China quietly dumping US Treasuries?

[Spectre]

(My bold - Spectre)

Is China quietly dumping US Treasuries?

By Ambrose Evans-Pritchard
Last Updated: 6:55pm BST 05/09/2007


"A sharp drop in foreign holdings of US Treasury bonds over the last five weeks has raised concerns that China is quietly withdrawing its funds from the United States, leaving the dollar increasingly vulnerable.

Data released by the New York Federal Reserve shows that foreign central banks have cut their stash of US Treasuries by $48bn since late July, with falls of $32bn in the last two weeks alone.

"This comes as a big surprise and it is definitely worrying," said Hans Redeker, currency chief at BNP Paribas.

"We won't know if China is behind this until the Treasury releases its TIC data in November, but what it does show is that world central banks are in a hurry to get out of the US. They don't seem to be switching into other currencies, so it is possible they are moving into gold instead. Gold is now gaining momentum across all currencies and has broken through resistance at 500 euros," he said..."


More...
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/09/05/bcnchina105.xml

[ﮐ≡≡ﮐ ŦħíИgﮐ]

Mattel just recalled some 800,000 more toys
might have something to do with the price of tea in China..

they are after our pets with bad ingredients in the feed
they are after our kids with lead based paint on the toys
they are after our jobs that have all moved there
they are after our economy overall, with "tools" like Walmart

-the list goes on and on I'm sure.

a) hillary clinton was board of directors to walmart 6 years

b) walmart building a superport in Mexico to unemploy US longshoremen and truckers.. bush just gave mexican truckers the highways !!

c) rudy giuliani's lawfirm representing CINTRA from spain to build the ....
NAFTA superhighway, Trans Texas Corridor, or whatever new name they try to use it to deny it as "conspiracy theorist noise"

d) rick perry, governor of Texas, is taking land for it being built

e) congressman ron paul from Texas, 10 terms, has not moved against a corrupt governor in his home state and is "the hope of the people" ?

f) was ron paul not the congressman from Texas when BUSH was the governor who liked watching inmate executions, all but the ONE he pardoned, who makes hannibal lechter look like mary friggin poppins ?

sorry if I seem to be rambling, theres a lot to worry and think about.
how far down the rabbit hole do I gotta go to see things as they are ?

[Rock]

We are so deep in the rabbit hole I cant get out to pee!


Rock

[King'sDaughter]

I'm starting to have some bad trips myself.   

[Bossgator]

I wish I were trippin' so things would look better!

[Spectre]

"Is China quietly dumping US Treasuries?"


Let's face it, they'd be crazy not to.

[Salem]

ya