Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: philv who wrote (66192)	7/14/2009 6:50:33 PM
From: tyc:>	Read Replies (2) \| Respond to of 78409

I agree 100%. Are we therefore right to believe that US treasuries pose no "huge problem" to China ? Or to any other counry, for that matter. I believe that every country's foreign currency reserves are denominated in US dollars. That is the convention. But that doesn't imply that all currency reserves are US dollars. Countries are free to trade their foreign currencies, thus managing their exposure to any single currency. That's what establishes exchange rates. If this surmise is incorrect, would someone please correct me ?