SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Currents of Currency

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ahda who wrote (347)10/1/2014 2:56:54 PM
From: Ahda  Read Replies (1) of 594
 
Major holders of USA treasuries. This is the most current data I could find.
treasury.gov

Country 2014 2013
------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------
July 2014 July 2013
China, Mainland 1264.9 last 1279.3
Japan 1219.0 last 1135.4
Belgium 352.6 last 167.7
Carib Bkg Ctrs 4/ 313.5 last 286.6
Oil Exporters 3/ 261.3 last 257.7
Brazil 258.6 256.4
Switzerland 184.3 178.2
Taiwan 175.4 185.8

Difficulty when you export you have to put external currency back into the nation it came from be that in treasuries or investment in business you cannot spend that currency in your nation unless you convert it to your currency. Suppose you wanted to get rid of those treasuries and convert the dollars into your currency well you could create a world catastrophe if other nations followed suit with yours.

Does this not answer the why Alan Greenspan is advising China to back a portion of their Yuan with gold
Once gold was held because if all else failed in our case no electricity to stop the press to save the entire from BK gold was a countable asset held by CB's

The difficulty in this age is that technology is vulnerable and gold is not flexible it is there or it is not.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext