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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (2709)3/23/2004 12:10:06 AM
From: mishedlo  Read Replies (1) | Respond to of 116555
 
$250 billion in cash is quite a bit.
They add to that pile on balance of trade every month!
With those they either add to treasures or keep it in cash.

What reason do they have to sell treasuries being pegged to the US$?

I can not see any.

Mish