China Sells Dollars - The Chinese Dragon sChina Sells Dollars - The Chinese Dragon shows teeth -
long enough to reach inside the U.S.?
Today, Reuters reported important statements by Zhou Xiaochuan,
governor of the People’s Bank of China.
He was interviewed this morning at a central bankers conference
in Frankfurt.
Apparently, Zhou said, "All central banks are trying to diversify.
…We have had a very clear diversification plan for several years."
Miller Tabak & Co estimates that China now has over $1 trillion
in foreign exchange reserves.
Apparently, some $700 billion of these are held in U.S. dollars
or dollar-denominated securities.
The U.S. dollar came under immediate selling pressure.
Brian Dollan, research director at Forex.com, a unit of
the currency-trading firm Gain Capital of New Jersey said,
"The prime beneficiaries will be the euro, yen, [sterling] pound
and the Australian dollar."
(Interestingly, the last two mentioned have just raised their
interest rates.)
As far as America is concerned, a weak dollar is inflationary in
the medium-term.
A weak dollar, in itself, could therefore lead to an increase
in U.S. interest rates, as we have forecast, to stem inflation
just when a recession looms.
The stagflation we have warned of may be nearer at hand that
even we had thought.
[Editor's Note: Warren Buffett is betting billions that the
dollar will crash.]
We can understand the natural, prudent wish for China to
diversify its holdings, particularly when it may wish to
purchase items from countries other than the U.S. in
different currencies.
However, the timing of China’s announcement, coming on the heels
of the Democratic election sweep raises other, more sinister
political concerns.
It is well known that Senators Charles Schumer and Lindsey
Graham have demanded a vote to impose tariffs as high as 27.5%
on Chinese goods to stem the massive flow of American imports
from China.
Treasury Secretary Henry Paulson managed to "persuade the Senators
to delay their vote."
In the meantime, members of Congress such as John Dingle have
bashed China publicly.
Could this "whiff of Chinese grape shot" be designed to warn
newly elected Democratic politicians not to make any further
noises against free trade?
If so, the power of the Chinese dragon already appears to
reach within the U.S.!
This has been talked about for some time. But its realization
will come as a severe shock to some.
The downward pressure on the dollar is a mere sideshow.
[Editor's Note: Nancy Pelosi Doesn't Want You to Read This.]
The fact that democratic, domestic policy within America could
be dictated from outside, without even a hint of either diplomatic
or military pressure or coercion, is food for real concern!
It is a wake-up call to the old Western democracies.
History shows that people usually like their dreams.
Waking up can be an experience, sometime jarring to the mind.
If some, indeed any aspects of American internal political policy
are viewed by the world in general to be dictated by a mere hint
from China what next?
What of Western Democracy?
Will any other nations, besides Iran and North Korea
think that, providing they have the tacit agreement of China,
they can snub their noses at America with impunity?
What then of the Pax Americana and the stability of the world
to which we are accustomed, including markets of all kinds?
We have long warned of very great risks in the present
geo-political and economic world as massive changes have
occurred silently over the past few years.
FYS. It is just one reason that we have recommended our
readers to accumulate Gold and Silver -
Jerusalem holds gay pride rally -
Gay pride rally -
The event highlights deep divisions between Israeli
communities
A controversial gay pride rally has taken place
in Jerusalem despite calls from religious
leaders to ban it.
About 4,000 gay men,
lesbians and civil rights supporters gathered
at the Hebrew University stadium.
Security was tight in the city with 3,000 Israeli
police drafted in to stop clashes between
the demonstrators and orthodox Jews.
About 30 gay protesters who tried to march
illegally through the city where arrested
by Israeli police.
The proposed march was cancelled by Israeli
police on Thursday after Palestinian threats
to strike in Israel after the shelling
in Gaza in which 18 Palestinian civilians
were killed -
Thousands of gay people poured into the stadium
this morning to hear a series of speeches -
Many wore T-shirts celebrating their sexuality
while others held banners and flags -
One banner read:
"There are different ways to be a Jew."
Two men dressed as sperm handed out condoms
to participants -
One man at the rally told that the BBC
that "that people need to be more
accepting of homosexuality" -
The four-hour event passed off without
any reports of violence.
At last year's march, three participants
were injured when they were stabbed by
an orthodox Jew who opposed the event.
This years gathering had already been
postponed because of the conflict with
Lebanese Hezbollah guerrillas
during the summer.
https://news.bbc.co.uk/2/hi/middle_east/6135778.stm
Israeli PM Ehud Olmert said the strike,
which hit a civilian area, was the result
of a "technical failure".
https://news.bbc.co.uk/2/hi/middle_east/6131860.stm
Israeli shelling kills 18 in Gaza
Beit Hanoun residents pick their way past
a puddle of blood-stained water
Water stained with blood filled the street
where the shells landed
At least 18 Palestinians have been killed
and 40 wounded by Israeli tank fire
in the northern Gaza town of Beit Hanoun,
Palestinian sources have said.
Palestinian officials said a barrage
of tank shells hit civilian homes,
and women and children were among the dead.
https://news.bbc.co.uk/2/hi/middle_east/6127250.stm
Interest Time Bomb - for fiat$$ -
The numbers for fiscal 2006 -
are in and the bleak prospects of our exponentially
escalating interest expense bodes particularly ill
toward any hopes of balancing any future budgets -
Interest expense on our debt for fiscal 2006 -
totaled 405 billion -
blowing away the next highest interest expense
total in 1998 of 363 billion -
At 405 billion, interest expense for 2006 -
composed a whopping 70% of our total on-budget deficit -
for the fiscal year -
What will happen to this debt -
now that higher average interest rates are required -
to service our national debt to the gypsy banksters -
following 14 consecutive Fed rate hikes? -
Average issued debt maturity is just 55 months -
(and getting time shorter) -
https://www.babylontoday.com/#interest_time_bomb
https://www.babylontoday.com/4e0f4730.png
With total U.S. debt at 8.506 trillion dollars -
this resulted in an on-budget deficit for 2006 -
of 574 billion -
the second largest in our nation's history -
just 22 billion under the all time record deficit -
set in 2004 -
The very next reported day -
the first day of the new fiscal year
(October 2, 2006) -
U.S. debt increased by over 42 billion dollars -
If this had been added to the reporting day before -
the total deficit for 2006 would have shot up to 616 billion -
blowing away the former all time record deficit of 2004 -
by 20 billion dollars -
Banking cartel cabals info -
(biggest scams in the history) -
https://www.netcastdaily.com/broadcast/fsn2006-1028-2b.m3u
https://www.babylontoday.com/4dd82ae0.png
Here is a chart of monthly bankstersgypsys debt increase -
Hyperinflation will soon wipe out our fiat$$ -
[chart]econc10.bu.edu/Ec341_money/Papers/Hubbar1.jpg[/chart]
a billionen maybe bought a loaf of bread -
the same gypsy banksters printing the fiat$$ today -
https://econc10.bu.edu/Ec341_money/Papers/Hubbard_paper.htm
history often repeat itself -
What is the REAL Value of Gold? -
Shouldn't there be A LOT more Gold than this? -
See below or go to
https://www.fms.treas.gov/gold/current.html
Are they hiding it? -
If this is "all" the Gold there is in -
The Dept of Treasury -
some 11 billion "dollars" worth -
wouldn't the TRUE value of an ounce of Gold -
be calculated by establishing - the Ratio of Gold -
to FRNs and then determining how many ounces of Gold
should be equal to an FRN? -
In other words, we're not interested in knowing -
how many so-called "dollars" each ounce of Gold -
is "worth" but how many ounces of Gold -
there are out there FOR each fiat FRN -
in existence -
Using the below data,
this would be calculated by:
261,498,899 Oz / $11,041,058,821 = 2.61 X 10 ^ 8 / 1.10 X 10 ^10 = 2.37 X 10 ^ -2 Oz per FRN
Thus each FRN in the US -
is really only worth .0237 fine troy ounces of silver.
Once we get the number of FRNs
and other cash equivalents in circulation in the US -
we should be able to calculate the REAL value of Gold -
- not the bogus value foisted upon us by
gov propaganda agencies.
It's a simple step to then extrapolate this date
to the WW scene, no?
James Jaeger
Missing 7 Trillion Dollar -
Bubble Man: Alan Greenspan and the Missing 7 Trillion Dollars
Former Federal Reserve chairman Alan Greenspan's famous 1996
pronouncement that an "irrational exuberance" had gripped
the American stock market was premature;
the markets continued to climb, reaching an exceptional peak
in March 2000 before sliding into a $7.8 trillion collapse -
Banking cartel cabals info -
(biggest scams in the history) -
https://www.netcastdaily.com/broadcast/fsn2006-1028-2b.m3u
Gold - UCOI - US pennyplay -
Unico, Inc. *** NEWS *** Photo Gallery of the Mill -
and Processing Facility at
The Deer Trail Mine - of Recent Reconstruction -
-
https://www.unicomining.com/news/othermedia.php
https://www.investorshub.com/boards/board.asp?board_id=6582
You may get a 50 bagger + here?
with a level playingfield and
a more fair price -
without nss 666 devilz manipulations -
--------------------------------
FYI. -
The anti-American and anti-Canada -
negative bashers are the banksterz 9/11 terror pawn-clownz -
watch the nightmarish full movie here.....
https://www.projectblack.com/index.php?optionfiltered=content&task=view&id=19
911 Eyewitness -
https://video.google.com/videoplay?docid=-3762231166802308548
Worlds Richest Silver Mine -
FYpennyplay -
FMNJ - Cerro Rico -
https://www.franklinmining.com/Projects/HardRockProjects/CerroRicoPalivariIIAlternativeIIIBolivia/tabid/19638/Default.aspx
Since the date mentioned until 1719, great bonanza periods
have been reported for the quality of the mineral,
with ore contents between 1,500 and 9,000 Silver ounces per ton -
https://www.stockhouse.ca/comp_info.asp?symbol=FMNJ&table=LIST
Franklin Mining Announces That Mining Project Has Estimated Mineral Reserves of About 2.2 Billion Dollars -
10/19/2006
LAS VEGAS, NV, Oct 19, 2006 (MARKET WIRE via COMTEX News Network) --
Franklin Mining, Inc.
(PINKSHEETS: FMNJ) announced today that estimated current
market value of the 5 veins and branches are
estimated at 2.2 Billion Dollars.
According to a report provided to
Franklin Mining, Inc. by COMIBOL,
the five veins and branches of the project in
the Cerro Rico Mine
are projected to hold about 5 million metric tons of ore,
with the combined estimated reserves said to contain
about 1,028,645 kgs of silver,
265,933 tons of zinc
and over 72,377 tons of tin,
yielding approximately 36,274,137 ounces of silver,
586,117,434 lbs of zinc
and 159,518,908 lbs of tin.
The reserve value is based on current LME prices of Silver,
Tin and Zinc ---
Get out of the fiat$$ -
Get some Gold & Silver -
FYS. -
https://www.investorshub.com/boards/board.asp?board_id=5406