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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (94385)9/9/2012 12:50:01 AM
From: Canuck Dave  Read Replies (2) | Respond to of 218428
 
Doesn't China also buy pretty much all domestic production? Aren't they now the #1 producer in the world?

The message is crystal clear. They're building up as much as they can as fast as they can until the US dollar bubble breaks, in the quietest way possible. Are the Chinese willing to write off the remaining bonds when the inevitable happens?

Been a good year to buy on the sly. Signs are pointing to a blast of money printing on three fronts (US, EU, BR) come the middle of September. Will China keep buying gold at the probably higher prices?

CD



To: TobagoJack who wrote (94385)9/9/2012 10:53:32 AM
From: Maurice Winn2 Recommendations  Respond to of 218428
 
Yes, and it's not the yuan. < Can anyone guess which currency is next in line of succession:> Nor is it gold coins.

It's interesting to see the gold holdings of the various countries, with UK, following the Brown Bottom, being down there among also-ran countries. The Great in Great Britain has certainly been diluted over the decades to a pale shadow of its former self.

But Canary Wharf still holds sway and much economic activity and a hive of humans takes place inside the Underground map boundaries, with extensions out via the Overground. In London, there are still people with English as their native language, some of whom are even from inside London, but there is no shortage of foreigners.

London is gaining ground, with clean air getting cleaner, transport getting better, parks remaining for the most part pleasant and busy airports feeding hordes of people into the maelstrom. Perhaps some people are choosing to migrate to China, but with Bo Xilai's wife poisoning an English "friend" and everyone being put in gaol at the drop of a hat, while Little Emperors crash Ferraris while driving naked with girls at high speed, and while melamine makes milk, it's not encouraging.

Greeks, English and Americans have some things in common, along with Spaniards and Italians so it's quite a mess to be resolved and the USA is not certain to be ruling the world for too long. But don't count them out yet. In the mid 1980s Japan was expected to rule the world. Nobody is thinking that now. Nobody had heard of Qualcomm or the iPhone then. Oracle, Google, Amazon, Broadcom and oodles of others were non-existent. Next comes the human genome. Is China leading on that?

Mqurice



To: TobagoJack who wrote (94385)9/12/2012 6:26:37 AM
From: elmatador  Read Replies (2) | Respond to of 218428
 
Translating reserve currency status table:
Portugal and Spain fruits of exploration of new lands and trading goods.
Netherlands: results of taking over the lands that Portugal explored.
Britain results of breaking the back of Spanish power and early starting Industrial Revolution
France: results of getting the left overs by British Empire: Madagascar, Africa, Levant, and Wets Indies
US: results of the destruction of Europe and monopoly of world reserve currency status