User 327941

Why China Can't Dump U.S. Treasuries

I would start buying all industrial metals that are found to be in short supply, rare or expensive to produce before the chaos begins. I would want to be the one with the competitive edge when some form of recovery begins!


On Feb 13 02:06 PM D. McHattie wrote:

> What else can China buy besides USD and US treasuries? Answer: lots.
>
>
> No, there is no 1 thing that it can buy. You're right, gold cannot
> fill this role all by itself.
>
> But how about a little gold, a little silver, platinum, copper, nickel,
> zinc, cadmium tellurium, etc?
>
> Many people have been saying this for awhile: USD will be replaced
> as global currency, not by one single currency, but by a whole bunch
> of them.

Four Reasons for an Immediate Rise in Gold

I had just made 5 reasons of my own before I had read your article. Here they are: war, a lot of new available money at the start of the new year, very few safe investments to invest in for profit or asset protection, massive govt spending, and other govts need to diversify into gold and not hold as many dollars.