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Message: Another #1 For China

Another #1 For China

posted on Feb 03, 2010 03:43PM

China has just become Saudia Arabia's number one oil buyer, overtaking the US which has held that position for decades. Uh Oh is Pax Americanus about to fall. I have no doubt in my mind that it will and sooner rather than later.

Perhaps that explains why the commercial traders are continueing to pile shorts onto the US dollar even though it counterintuitively continues to climb. I am sure the Chineses will be grateful for there New Years gift once they come back to there trading desks on the 15th at being able to sell the dollar from a much higher level hahahahahahahaha.

All in my honest opinion of course.

F.F.

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