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

To: Box-By-The-Riviera™ who wrote (94848)	9/20/2012 11:44:50 PM
From: TobagoJack	Respond to of 219612

full-on all-in getgold bloomberg.com U.S. Says Disputed Islands Covered by Defense Treaty With Japan By Bloomberg News - Sep 21, 2012 9:28 AM GMT+0700 Facebook Share LinkedIn Google +1 5 COMMENTS Print QUEUE Q U.S. Assistant Secretary of State Kurt Campbell said islands at the heart of a dispute between Japan and China fall under an American defense pact with Japan, while urging the sides to resolve the standoff via diplomacy. “We want to focus more on issues associated with the maintenance of peace and stability and less on the particular details of this very complex and challenging matter,” Campbell told a hearing of the Senate Foreign Relations Committee’s East Asian and Pacific Affairs subcommittee yesterday. He said the islands fall under a treaty which obligates the U.S. to defend Japan if it’s attacked. Enlarge image An aerial picture from a P3C of Japan Maritime Self Defense Forces shows the Senkaku Islands, known as the Diaoyu Islands in Chinese and as Senkaku in Japanese, in the East China Sea. Source: The Yomiuri Shimbun via AP Images The U.S. doesn’t take a position on the sovereignty of the islands, known as Diaoyu in Chinese and Senkaku in Japanese, Campbell said. His comments echoed those of Secretary of State Hillary Clinton, who said in 2010 that the islands fall under “mutual treaty obligations” with the Tokyogovernment. Japan’s purchase last week of the islands triggered protests and attacks on Japanese businesses in China, straining ties between Asia’s two biggest economies. In a meeting with U.S. Defense Secretary Leon Panetta this week, Chinese Defense Minister Liang Guanglie said his government reserves the right to take further action in the worst diplomatic crisis between the two countries since 2005. “We have stated very clearly that we want this issue to be resolved peacefully through dialogue between Japan and China,” Campbell said. The U.S. is concerned “by recent demonstrations, and frankly the potential for the partnership between Japan and China to fray substantially in this environment,” he said. Competing ClaimsChina claims that it’s owned the islands for centuries, while Japan argues it took administrative control of them in 1895, lost control of them after World War II and had the islands returned to it by the U.S. in 1972. The dispute sparked demonstrations across China, including at the Japanese embassy in Beijing and the consulate in Shanghai. Japanese retailers yesterday reopened stores in China as protests waned. Panetta said Sept. 19 in Beijing that China must move beyond the “deep wounds” caused by Japan in World War II in addressing present-day issues such as the island dispute. He also said the Japan-U.S. alliance shouldn’t be viewed by China as American support for the Japanese point of view on the island standoff. Former Australian Prime Minister Kevin Rudd, a Chinese- speaking former diplomat, today during a visit to Singapore said he is concerned about “the capacity for escalation” in the dispute. “Calm heads are necessary, restraint is necessary and I’m optimistic that leaders on both sides in Tokyo and Beijing will be able to manage this,” Rudd told reporters. To contact Bloomberg News staff for this story: Nicholas Wadhams in Beijing at nwadhams@bloomberg.net To contact the editor responsible for this story: Peter Hirschberg at phirschberg@bloomberg.net

To: Box-By-The-Riviera™ who wrote (94848)	9/22/2012 4:39:42 AM
From: TobagoJack	Read Replies (1) \| Respond to of 219612

hello box, i was wrong re Message 16244385 (8 22 2001) <<Well, in any case, USD is not going to rise, given that it has not risen despite all the problems more visible all around us. I think gold will rise relative to goods, services and fiat markers, and I believe gold is effectively still purchasable at cost. I think creditor Japan holds the key to whether or not we have global depression (yes, there, I am now using that D word, and we will no doubt be haggling over the precise definition of the word shortly); and debtor/consumer America holds the key to "how deep, for how long". On count of three, the keys may be turned to full-on position, and we will be learning New-age Economics up close, on a Washington Intern work-study program. Get your cute outfit ready, and do not bother to mend those clumsy obstructive buttons.>> as events have been progressing since those very early days when gold was priced at 277/oz, and given current day cash cost of gold @ 600+ to 800+ depending, it appears that gold was not purchasable at cost, but was priced way below cost. but i was correct about the cute outfit and the clumsy buttons