China's U.S. $ Holdings!

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cockerel1

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China's U.S. $ Holdings!

posted on Apr 06, 2014 08:32AM

If China holds $2 trillion of U. S. debt and is allowed to purchase 2000 tonnes of gold "on the cheap", gold would have to increase almost $600.00/ounce to offset a devaluation of 25% in the U.S. $.

Maybe this is how the U.S. intends to "pay its debts" to the East without devaluation being considered an "act of war".

Just saying!

(Confusius say: "Many a true word spoken in jest.")

"We live in interesting times"

Good Luck to all!

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