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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 399.01+0.1%4:00 PM EST

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To: Little Joe who wrote (46689)2/21/2009 6:53:11 PM
From: TobagoJack1 Recommendation  Read Replies (3) of 218603
 
just in in-tray - of course, one week does not make a trend :0)

Just wait it will be quite the week with clinton meeting the chinese

If looks at past week the chinese have spent

10 bill in brazil for oil
25 bill in russia for oil
20 bill in australia for minerals
2 bill in aus for iron ore

Plus I understand that icbc bank, cic and china dev bank have made an offer for int leasing financing corp (ilfc), division of aig (and largest aircraft lessor in world). I would guess this is 20 bill

So not hard to spend 100 bill in a week. Now only 1,900 bill to go.

Convert those usd while you can !

The chinese are going short usd in the best way possible. Take hard assets for those pieces of paper now.


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